Promising New Lyme Disease Drug
Excerpted from News-Medical.Net ( Posted: 2/12/2010 )
Our mission is to bring new drug compounds to the marketplace. And we’ve never been in a stronger position to deliver on that promise. We’ve built the solid foundation needed to take drug therapies from the laboratory to the marketplace. After years in development, we believe several of our most promising compounds are moving closer to clinical trials.
During 2009, Viral Genetics made significant strides on two fronts — scientific and financial. Our drug compounds seem to be showing great potential. Additionally, we’ve built an infrastructure that enables us to use money wisely. We have retired nearly all of our external debt, enabling us to leverage any additional funding to advance new drug therapies — rather than making interest payments to creditors.
Promising Drug Therapy
An injection called VGV-L has been developed to treat Lyme disease, an illness that saw a 100% increase in CDC-confirmed cases from 1991 to 2006. Animal studies have been completed with positive results. We are now in the process of introducing our research to the FDA.
This research was supported by grants from two not-for-profit organizations that saw the promise in our approach. Last year, Time for Lyme provided the University of Colorado with $116,000 dedicated to our research. Turn the Corner Foundation contributed another $75,000 to the university during 2009, enabling us to reach this phase of development.
The proposed therapy, like several others in our R&D pipeline, is based on TPT (targeted peptide technologies) and uses synthetic peptides to “trick” cells, making them vulnerable to the body’s natural immune response mechanism.