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Dr. Kenneth Pettine: Stem cell therapy is here to stay – Becker’s Orthopedic & Spine

Posted: May 18, 2017 at 11:41 am

At the forefront of regenerative medicine, Kenneth Pettine, MD, has participated in three FDA biologic studies. He works with Jeffery Donner, MD, at the Colorado Spine Institute . Dr. Pettine is the founder of the Orthopedic Stem Cell Institute, and is a pioneer in the field, with the only Stem Cell methods patent procedure in the nation.

"I'm convinced your body wants to heal itself," says Dr. Pettine. "The problem in orthopedics and spine is there's a paucity of blood supply to the joints or the disc in your back. If you injure your cartilage or disc, it has very little capacity to heal itself."

The key to regenerative medicine in orthopedics and spine lies in the mesenchymal stem cell, because it has the ability to differentiate into osteoblasts, chondroblasts or fibroblasts.

"This may be the most important stem cell in your body," Dr. Pettine explains. "The MSC is the cell that modulates your immune system through its paracrine ability to release numerous growth factors, cytokines, chemokines and inhibitorsIt's the conductor and your body is the orchestra."

The use of the MSC to treat orthopedic injuries is standard of care in veterinary medicine, with a good amount of Class 1 data proving safety and efficacy. Dr. Pettine believes humans could also potentially benefit from the use of the MSC to treat orthopedic and spine pathology.

Throughout his career, Dr. Pettine has served as principle investigator for 15 FDA IDE studies focused on non-fusion technology.

He helped with the ISTO Technologies FDA phase one study, which was the first biologic study ever conducted in the human spine in the United States. Using juvenile cartilage cells, the study saw significant reduction in patients' back pain and one-year results have been published.

Dr. Pettine also conducted an IRB study similar to the ISTO trial, utilizing autologous bone marrow concentrated cells to treat discogenic low back pain in 26 patients. This treatment has no FDA issues, as autologous bone marrow concentrated (BMC) cell therapy falls under "the practice of medicine" by the FDA under Section 361 of the Public Health Service Act's provisions.

The 30-minute procedure can be performed in an office or ambulatory surgery center with IV sedation or local anesthetic. Dr. Pettine has published one- and two-year results, and plans to publish three-year follow-up results soon.

The one-year results revealed the cell therapy "significantly reduces lumbar discogenic pain," according to Pettine et.al., Stem Cells 2015; 33:146-156. Out of the 26 patients, only six received surgery 36 months post-injection. Dr. Pettine reported a 72 percent average reduction in Oswestry Disability Index scores and 75 percent average decrease in Visual Analog Scales scores at 36 months.

"It seems to be long lasting," says Dr. Pettine. "We only re-injected two of the 26 patients at three-year follow up."

Of 210 patients with cervical degeneration Dr. Pettine has injected with BMC, about 70 percent reported a 65 percent improvement in pain at one year follow up. Any arthritic joint can be injected with BMC.

Although seeing positive results, Dr. Pettine notes this BMC cell therapy is not intended to replace surgery, but rather serve as a treatment for chronic conditions in patients who want an option prior to surgery. He believes this therapy will become more prevalent in the industry within three years to five years.

"I think it's important for surgeons to be more proactive with [stem cell therapy], because I promise this will not go away," cautions Dr. Pettine. "And if surgeons don't get involved in this, it will be taken over by non-surgeons."

More articles on spine: 5 spine surgeons in the headlines Dec. 16, 2016 9 key thoughts on incentives for spine surgeons behavioral economics in healthcare Drs. Richard Kube & Brian Gantwerker on their holiday traditions

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MS patient reveals he may ‘defer’ assisted suicide to undergo stem cell therapy in Serbia – Herald Scotland

Posted: May 18, 2017 at 11:41 am

A SCOT with crippling multiple sclerosis who planned to end his life at a Swiss suicide clinic has revealed he is applying to undergo an experimental stem cell treatment abroad in a last ditch attempt to reverse his symptoms and prolong his life.

Colin Campbell, from Inverness, said he would postpone his appointment at the LifeCircle clinic in Basel, where he had expected to end his life on June 15, if he was accepted for the pioneering therapy by medical chain, Swiss Medica. A 12-day course at its facility in Belgrade, Serbia costs around 15-16,000 and floods patients with up to 300 million stem cells which have been shown to restore myelin - a fatty coating around nerve cells destroyed by multiple sclerosis - leading to improved brain function and mobility.

Several clinical trials worldwide are exploring stem cell therapy as a means of "pausing" the degeneration associated with MS, but it cannot cure the condition and the treatment is not available on the NHS or privately in Britain.

Former IT consultant Mr Campbell praised his "very kind" landlord, Robert More, for persuading him to try out the procedure.

Mr Campbell, 56, said: "Robert said 'I don't want you to die - you can go abroad and try this. If it works, great; if it doesn't, it doesn't. There's nothing to lose'. So I would say I've moved into a new territory where I'm a 'deferred' suicide, but not a cancelled suicide.

"I will hopefully get onto the treatment programme, but if not then June 15 goes ahead as planned. So I'm in a limbo situation. I'm still holding on to June 15 because I don't want to knock that back and find that the time passes and I'm thinking 'why didn't I get out when I could?'. I've got no desire to spend another winter in the UK with MS - death would be preferable for me.

"That's the thing about not having [voluntary assisted suicide] in Scotland though. If I could do it here I wouldn't have to be too concerned about a date because it would be available to me whenever I choose, whereas when you have the travel to Switzerland and you've got a progressive illness you probably don't want to plan it too far ahead because you might not be up to the journey."

He added that MS patients were also let down because doctors did not routinely highlight the options for treatment outside the NHS.

He said: It would be nice after a diagnosis if a neurologist would go through your options - if they said look, you cant get this on the NHS at the moment, but you can get this abroad, but they dont even have this discussion with you. You get nothing, and thats the experience I hear from talking to other MS sufferers."MS

Mr Campbell was a keen footballer, swimmer and tennis player before being diagnosed aged 34 with primary progressive MS, a rarer form of the disease which results in a steady deterioration without any periods of remission. He now relies on walking aids to move around his first-floor flat and a wheelchair outdoors.

He revealed his plan to end his life in Switzerland to the Herald's sister paper, the Sunday Herald, in April as part of a campaign calling on MSPs to bring a new Bill on assisted dying to Holyrood. The proposed Bill would bring Scotland into line with Canada and parts of the US and Australia by allowing terminally ill people with less than six months to live the right to be prescribed a lethal dose of medication which they can then self-administer.

Mr More, who has rented a flat to Mr Campbell for three years, said: "He's a decent man and, quite frankly, he was depressed with his condition and all he was getting was tea and sympathy. There's nobody doing anything to really help him. Nobody is giving him options and in those situations there are always options.

"There was a 36-year-old woman that was at this [Swiss Medica] clinic and she went in in a wheelchair and when she came out her only complaint was she got tired after long walks. Stem cell therapy doesn't offer a cure, but it might make his life better and that's what I want for the man."

Mr More said he felt compelled to help after his own experience 32 years ago when his youngest daughter was diagnosed with spina bifida and the family were told she would never walk again.

He said: "If someone tells me that I try to do something about it so I took her to the Peto Institute in Budapest. I took her there for four years running and when she came out she could walk. So just because people tell you it's a death sentence, I don't believe it. She's alive and well - the Hungarians did a magnificent job with her."

Mr Campbell said he had also been boosted after being contacted by a fellow MDS sufferer, Rona Tynan, who encouraged him to test out a mobility scooter after seeing reports about his plans to end his life.

He said: "This has given me some kind of optimism which I definitely didn't have - so I owe that to Rona."

Mrs Tynan said: "What alarmed me about Colin was, I felt he was more able than myself."

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Artificial pancreas helping people with diabetes – FOX13 Memphis

Posted: May 18, 2017 at 11:40 am

by: Darrell Greene Updated: May 17, 2017 - 10:40 PM

MEMPHIS, Tenn. - Diabetes is attacking younger Americans more often than ever before.

According to new research released by the New England Journal of Medicine, cases of both type 1 and type 2 diabetes rose dramatically between 2002 and 2012.

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Those new diagnoses crossed all racial boundaries in young people through age 20.

While a cure is still distant on the horizon according to researchers, new treatments are helping diabetics live longer and better lives.

Emily Fonville is your average 15-year-old learning to drive, playing high school sports, and of course dressing up for the prom.

What you can't see in her pictures, is her daily fight against type 1 diabetes.

"It's like the hidden disease," Emily said.

But that fight is becoming more and more winnable.

Just three weeks ago, Emily became the first person in the Mid-South and one of the first in the nation to begin wearing the artificial pancreas.

It's true name, Medtronic is the hybrid closed loop system.

It's comprised of an insulin pump which attaches to the patient's skin, and a sensor which monitors in real time the patient's blood sugar.

The sensor sends those readings to the pump and when the patient's blood sugar is high, the pump gives the patient a precisely measured dose of insulin.

If the patient's blood sugar is too low, it has the ability to suspend delivery of insulin automatically.

"It is a game changer," Emily exclaimed when asked about the new tool.

Dr. Kashif Latif is Emily's doctor. He's one of the leading endocrinologists in the nation.

"There's a lot of technology going on, but this breakthrough has been the best thing ever for people with type 1 diabetes," said Latif who operates the first insulin pump center in nation out of his practice in Bartlett.

And while he admits this is not a cure, he said it's the next best thing to come along to date.

"It kind of matches what our body or our pancreas does for us. It's a more physiologic delivery of insulin for high glucose or low glucose," said Latif.

That means a lot less worry about diabetes for Emily.

"I think it is life changing. Being on this pump I feel like a normal person. I don't have to pull out a shot and give it in the middle of a restaurant.

I can just look down, press a button, and it's done."

FOX13 spoke to representatives of Medtronic who said the company was somewhat taken off guard.

They applied to the FDA for approval of the system in 2015, understanding that the approval process can take years.

But the human trials of the system went so well, the hybrid closed loop system was approved late last year.

Medtronic is making the systems as quickly as they can to fill the need.

2017 Cox Media Group.

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Young Utahn recognized for early graduation from Diabetes Education Program – fox13now.com

Posted: May 18, 2017 at 11:40 am

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DAVIS COUNTY, Utah -- The growth rate of Type 1 diabetes among Utah students in grades K-12 is rapid.

The Utah Health Department said the most recent data shows in the 2015 to 2016 school year, there were 2,000 Type 1 diabetic students statewide.

The Davis County School District recognized the rapid increase in newly diagnosed students more than five years ago, and at that time they developed a Diabetes Education Program.

They collaborated with The Juvenile Diabetes Research Foundation, the American Diabetes Association, and the Primary Childrens Hospital diabetes clinic to develop their program.

We've had 56 graduates in this program the past five years, said Adam King, one of the program coordinators. Our number of diabetics has gone up exponentially over the years. There are new ones being diagnosed every day. We had three new ones diagnosed this week."

King said the program provides a valuable service, especially to children who may feel afraid after a diagnosis.

"And being able to have this program helps parents, helps educators, helps students have some confidence because its scary to be diagnosed with diabetes; it's life-threatening," he said. "When they are so young it can cause a lot of fear and apprehension.

Type 1 diabetes is an auto-immune disease and means the pancreas organ has stopped doing its job, which is to produce insulin to break down the food youre eating and turn it into nutrients and energy for your body to use. If the disease is not controlled, it can cause major complications and even become deadly.

When a student is more worried about being able to survive day-to-day, whether they are hungry, whether their blood sugar is going to be up or down, how it's impacting them, they don't have the brain power to think about learning their math or their science or English, King said. A program like this takes all the students as they come, with disabilities, with diabetes, and gives them a safe, appropriate education.

The program is catered to individual diabetics. Some students are older or have a better grasp of their condition early on.

Diabetes can be diagnosed at any age. The program is step-based and starts with the essentials, then progresses to counting carbohydrates and calculating how many insulin units a diabetic would need to inject or dial on their insulin pump.

It starts with basics such as washing hands or starting to recognize how they're feeling, and it develops up through five levels of getting to the point where they are counting their own carbs, doing their own blood sugar checks, and giving their own insulin doses," King said. "At the end they have a one-month trial where they are doing things without having a [Teacher's Assistant] standing there giving that support.

Recently at Knowlton Elementary School, 8-year-old Emerie Gelter, graduated from the program earlier than most diabetic students her age. Emerie is still in second grade.

We are very proud of Emerie, said King as he handed her a certificate of graduation from the program. She has gone through a lot of stuff. She has great family support, but she also does a good job with advocating for herself. She is very precocious. She is very excited and that helps her being a self-advocate.

The program is critical for most diabetic students because they learn to take care of themselves at school as they move on to higher levels of learning.

A lot of times we have students who focus on safety so much that they learn a helplessness to where they expect someone to do everything for them, King said. And while we want them to be safe, we also want them to develop those skills.

The Davis County School District is aware other districts do not use the same diabetes program and have talked with parents who have diabetic children who attend other districts. Those parents have seen what Davis is doing and are encouraged by the results.

Davis County would like to see all Utah schools implement a Diabetes Education Program similar to this one.

I don't know why it's not at other schools; this is something we developed on our own about five years ago because we recognized that while we were trying to achieve our goal with the students self-managing, there wasn't a good way to show their progress," King said."This isn't a one-size fits-all program; this is something that we take standardization and framework and cater to what a student needs and the pace they want to move at.

If you want to explore the program at Davis County School District, click here.

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Improving drugs for type 2 diabetes – Science Daily

Posted: May 18, 2017 at 11:40 am


Science Daily
Improving drugs for type 2 diabetes
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Type 2 diabetes, a prolific killer, is on a steep ascent. According to the World Health Organization, the incidence of the condition has grown dramatically from 108 million cases in 1980 to well over 400 million today. The complex disease occurs when ...

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Rising insulin prices causing pain for people with diabetes – STLtoday.com

Posted: May 18, 2017 at 11:40 am

Insulin prices are only getting more painful.

At least two drugmakers have boosted insulin list prices recently by about 8 percent, adding to concerns that treating diabetes is unaffordable for some patients. The average price of insulin almost tripled between 2002 and 2013, according to the American Diabetes Association. Even before the most recent price hike, some diabetics were cutting back or even going without the drug because of its expense.

The price hikes come at a sensitive time for the drugmakers as Eli Lilly, Novo Nordisk and rival Sanofi-Aventis are facing a class-action lawsuit alleging they conspired to raise their prices in lockstep. Almost one in 10 Americans has diabetes, a group of conditions where the body fails to properly regulate blood sugar. People with Type 1 diabetes, often referred to as juvenile diabetes, need to take insulin daily to stay alive.

"We were really disappointed in this announcement," said Dr. William Cefalu, the chief scientific, medical and mission officer for the ADA, who noted that his organization has partnerships for research with the drugmakers. "This is really going in the wrong direction."

Allison Bailey, a studenet at Iowa State University, has diabetes and volunteers with a diabetes advocacy group. She called the most recent price hike "a slap in the face."

Such price hikes may be absorbed by diabetics' insurance plans, but other people may struggle if they lack insurance or have high-deductible plans.

That's causing plenty of financial pain for patients and their families. About half of diabetics say they regularly miss a dose of insulin.

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Designing better drugs to treat type 2 diabetes – Medical Xpress

Posted: May 18, 2017 at 11:40 am

May 18, 2017 by Robyn Mills Credit: CC0 Public Domain

Research led by the University of Adelaide is paving the way for safer and more effective drugs to treat type 2 diabetes, reducing side effects and the need for insulin injections.

Two studies, published in the Journal of Medicinal Chemistry and BBA-General Subjects, have shown for the first time how new potential anti-diabetic drugs interact with their target in the body at the molecular level.

These new potential drugs have a completely different action than the most commonly prescribed anti-diabetic, Metformin, which acts on the liver to reduce glucose production, and are potentially more efficient at reducing blood sugar. They target a protein receptor known as PPARgamma found in fat tissue throughout the body, either fully or partially activating it in order to lower blood sugar by increasing sensitivity to insulin and changing the metabolism of fat and sugar.

"Type two diabetes is characterised by resistance to insulin with subsequent high blood sugar which leads to serious disease. It is usually associated with poor lifestyle factors such as diet and lack of exercise," says lead researcher Dr John Bruning, with the University's School of Biological Sciences and Institute for Photonics and Advanced Sensing.

"Prevalence of type 2 diabetes in Australia alone has more than tripled since 1990, with an estimated cost of $6 billion a year. The development of safe and more efficient therapeutics is therefore becoming increasingly important.

"People with severe diabetes need to take insulin but having to inject this can be problematic, and it's difficult to get insulin levels just right. It's highly desirable for people to come off insulin injections and instead use oral therapeutics."

The first study, in collaboration with The Scripps Research Institute in Florida, US, describes an honours research project by Rebecca Frkic, where 14 different versions of a drug which partially activates PPARgamma were produced. Partial activation can have the benefit of fewer side-effects than full activation.

The original drug, INT131, is currently being tested in clinical trials in the US but some of the versions produced at the University of Adelaide have increased potency compared to the original, with the potential to further improve the treatment of type 2 diabetes.

"A major finding of this study was being able to show which regions of the drug are most important for interacting with the PPARgamma receptor," says Dr Bruning. "This means we now have the information to design modified drugs which will work even more efficiently."

The second study, in collaboration with Flinders University, used X-ray crystallography to demonstrate for the first time exactly how a potential new drug, rivoglitazone, binds with the PPARgamma receptor. Rivoglitazone fully activates PPARgamma but has less side effects than others with this mode of action.

"Showing how this compound interacts with its target is a key step towards being able to design new therapeutics with higher efficiencies and less side-effects," says lead author Dr Rajapaksha, from Flinders University School of Medicine (now at La Trobe University). "Lack of structural information was hampering determination of the precise mechanisms involved."

Explore further: Researchers investigating ways to improve type 2 diabetes treatments

More information: Harinda Rajapaksha et al. X-ray Crystal Structure of Rivoglitazone bound to PPAR and PPAR Subtype Selectivity of TZDs, Biochimica et Biophysica Acta (BBA) - General Subjects (2017). DOI: 10.1016/j.bbagen.2017.05.008

Rebecca L Frkic et al. Structure-Activity Relationship of 2,4-dichloro-N-(3,5-dichloro-4-(quinolin-3-yloxy)phenyl)benzenesulfonamide (INT131) Analogs for PPAR-Targeted Antidiabetics, Journal of Medicinal Chemistry (2017). DOI: 10.1021/acs.jmedchem.6b01727

A better understanding of how the transcription factor Peroxisome Proliferator-Activated Receptor Gamma (PPARgamma) works is critical to find new ways to improve medications to treat type 2 diabetes. Drugs that activate PPARgamma, ...

Preventing weight gain, obesity, and ultimately diabetes could be as simple as keeping a nuclear receptor from being activated in a small part of the brain, according to a new study by Yale School of Medicine researchers.

When the body's cells don't respond normally to insulina condition known as insulin resistanceblood glucose levels can increase, resulting in type 2 diabetes. Researchers have long known that insulin resistance is linked ...

(HealthDay)The injectable drug Adlyxin (lixisenatide) has been approved to treat adults with type 2 diabetes, the U.S. Food and Drug Administration says.

Insulin resistance in the liver is a major factor in the development of type 2 diabetes, and it is almost always associated with too much fat in the livera condition called non-alcoholic fatty liver disease (NAFLD). The ...

Research led by the University of Adelaide is paving the way for safer and more effective drugs to treat type 2 diabetes, reducing side effects and the need for insulin injections.

Type 2 diabetes, a prolific killer, is on a steep ascent. According to the World Health Organization, the incidence of the condition has grown dramatically from 108 million cases in 1980 to well over 400 million today. The ...

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Scientists from the Diabetes Research Institute (DRI) at the University of Miami Miller School of Medicine have produced the first clinical results demonstrating that pancreatic islet cells transplanted within a tissue-engineered ...

A potential cure for Type 1 diabetes looms on the horizon in San Antonio, and the novel approach would also allow Type 2 diabetics to stop insulin shots.

Researchers investigating a form of adult-onset diabetes that shares features with the two better-known types of diabetes have discovered genetic influences that may offer clues to more accurate diagnosis and treatment.

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‘Breakthrough’ drug could reverse vision loss caused by diabetes … – KENS 5 TV

Posted: May 18, 2017 at 11:40 am

The FDA has approved a new drug that could reverse the effects of diabetic macular edema, which is what causes blindness in people with diabetes.

Jeremy Baker, KENS 1:34 PM. CDT May 17, 2017

A new medication could help reverse diabetes vision loss. (Photo: KENS)

Diabetes is reportedly the number one cause of blindness in the United States. Until recently, there was no way to reverse it. However, a fairly new drug recently approved by the FDA is changing that.

"It was one of those things that's hard to believe," said Sonny Groves, a portrait photographer. He found out he had diabetes 20 years ago. "As the disease progressed, I had problems like neuropathy in the hands and feet, that sort of thing," Groves said.

His vision also started to go. That's when he was referred to the Medical Center Ophthalmology Associates.

"Better control of your blood sugar will give us better control of the back of your eye," said Dr. Michael Singer as he examined Groves' vision. Singer is the director of clinical trials at MCOA.

"Dr. Singer was the first one to notice I had any problems because he noticed tiny bleeders in my retina," Groves said.

"When tissues are deprived of oxygen, they scream for help. They send out a signal called VEGF," said Singer.

The VEGF sends new blood vessels to help the tissues, but that's not a good thing.

"Instead of being helpful, they are actually harmful. They cause swelling in the central part of your vision," Singer said.

In comes a drug called Lucentis.

"This is the first time the FDA has approved a drug like this to reverse the disease," Singer said. The usage is for diabetic retinopathy in patients either with or without diabetic macular edema. This latest approval broadens the diabetic retinopathy indication to include patients both with and without diabetic macular edema.

That disease is called diabetic macular edema. Lucentis is a shot given in the white of the eye after it is numbed. The typical Lucentis dose for diabetic retinopathy is 0.3 mg, which is slightly lower than the 0.5 mg dose used for other eye diseases.

"The process takes literally about two seconds and the results can be seen as early as three days," Singer said.

Groves said the results were amazing.

"When I started taking the Lucentis, it got better. The swelling that causes all of that stopped," Groves said.

"They go from a situation where they are not seeing as well to actually improving their vision and increasing activities they are able to do in their daily life," Singer said.

Now, thanks to Lucentis, Groves said he doesn't have to stop being a photographer.

Some of the side effects of Lucentis could be eye irritation, eye pain, dry eyes or some potentially serious side effects.

Uncommon side effects could reportedly include changes in vision and eye infections.

2017 KENS-TV

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Novelogics Biotechnology, Inc. & CDRD Partner to Advance Novel Cancer Treatment – Business Wire (press release)

Posted: May 17, 2017 at 1:42 pm

VANCOUVER, British Columbia--(BUSINESS WIRE)--Novelogics Biotechnology, Inc. announced today that it has entered into a research agreement with The Centre for Drug Research and Development (CDRD), Canadas national drug development and commercialization centre, to further characterize Novelogics' internally-developed antibody immunotherapy for treating cancer.

The proprietary technology behind Novelogics innovation involves discovery and development of monoclonal antibodies that target a protein that promotes immune suppression in cancer patients. It is predicted that this new therapy could treat a broad range of cancers, and because it works with the patients own immune system, it would be safer and less toxic with fewer debilitating side-effects.

CDRD will be analyzing the technology through custom in vitro assays that will help validate and identify their lead antibody and move it towards a Phase 1 clinical trial as early as 2019. The technology has recently shown preliminary evidence of tumour inhibition in a prostate cancer model and based on results from CDRDs research, it could be expanded to other cancer models.

Novelogics President and Chief Scientific Officer Dr. Wayne Cheney stated, We are excited to introduce our novel approach to treating cancer. Unlike other immunotherapies that function by modulating, inhibiting or blocking targets, our innovative drug works by intercepting. This is a new way of limiting the immune suppressive effects of the drug target, which offers a huge opportunity to make a difference in the fight against cancer. We look forward to a successful collaboration with CDRD and are thrilled to be working with their technical team of experts and state-of-the-art biologics facility.

CDRDs Head of Biologics Dr. Ismael Samudio commented, This work with Novelogics is an exciting opportunity for CDRD to apply our scientific expertise in NK cell biology and therapeutic antibodies to a technology that has very promising pre-clinical potential. This a great example of how CDRD is partnering with Canadian life sciences companies to advance promising discoveries and transform them into validated investments and improved health outcomes. By combining our expertise and specialized infrastructure, we aim to provide critical data to advance Novelogics technology and help bring new therapeutic treatments to market.

It is anticipated that a pre-clinical candidate antibody will be selected in 2017, and that further clinical development activities will follow.

About Novelogics Biotechnology, Inc.

Novelogics Biotechnology Inc. is virtual life sciences company utilizing expertise at a variety of Contract Research labs and is dedicated to developing innovative cancer treatments that harness the power of the immune system to help eradicate tumors more naturally. Their immunotherapy concepts focus on development of antibody therapeutics and have the potential to treat multiple cancer types without the side-effects associated with traditional cancer therapies. We anticipate the technology will be well-received by larger biotechnology and pharmaceutical companies seeking novel antibody immunotherapy treatments in this exciting area of cancer drug development. Novelogics has one mission in mind we want to create better cancer treatments. http://www.novelogics.com

Novelogics Biotechnology Inc. is a privately-owned corporation operating in Vancouver, Canada.

About The Centre for Drug Research and Development (CDRD)

CDRD is Canadas national drug development and commercialization centre working in partnership with academia, industry, government and foundations. CDRD provides the specialized expertise and infrastructure to identify, validate and advance promising discoveries, and transform them into commercially viable investment opportunities for the private sector and ultimately into new therapies for patients. Canadas Networks of Centres of Excellence Program has recognized CDRD as a Centre of Excellence for Commercialization and Research (CECR). http://www.cdrd.ca

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Reasons to Add Puma Biotechnology (PBYI) to Portfolio Now – Zacks.com

Posted: May 17, 2017 at 1:42 pm

On May 16, 2017, we issued an updated report on Puma Biotechnology, Inc. (PBYI - Free Report) .

Puma Biotechnology is a development-stage biopharmaceutical company focused on the development and commercialization of innovative treatments that enhance cancer care.

The company posted narrower-than-expected loss in the first quarter of 2017. Reported loss of $1.97 per share was also narrower than year-ago figure of $2.19. With no approved products in its portfolio at the moment, the company does not generate revenues yet. The company reported first-quarter results on May 10, 2017.

So far this year, Pumas shares have outperformed Zacks classified Medical-Biomed/Genetics industry. The companys shares have gained 4.1% while the industry registered an increase of 2.2%.

Puma has made significant progress with its lead candidate, neratinib. The candidate is currently under review in both the U.S. and the EU for HER2+ breast cancer. An approval would be a huge boost for the company given the immense commercial potential in the target market.

We note that several additional studies on neratinib targeting different types of breast cancer patient populations are currently underway. During the quarter, Puma presented encouraging data from several ongoing studies on neratinib at the annual meeting of the American Association for Cancer Research (AACR).

Puma also expects to achieve several milestones in the second quarter of 2017. These include additional data from the phase III study on neratinib in third-line HER2-positive metastatic breast cancer patients and data from a phase II study on neratinib in HER2-positive metastatic breast cancer patients with brain metastases.

However, dependence on the successful development of a single candidate may hurt the companys growth prospects in case of any adverse development or regulatory setback.

Moreover, lack of partnership deals could hamper progress of the candidate as the company has no sales, marketing or distribution capabilities.

Zacks Rank & Key Picks

Puma currently carries a Zacks Rank #2 (Buy). Other stocks in the health care sector that warrant a look include Aeglea BioTherapeutics (AGLE - Free Report) , VIVUS, Inc. (VVUS - Free Report) and MEI Pharma, Inc. (MEIP - Free Report) . While Aeglea carries a Zacks Rank #2, VIVUS and MEI Pharma sport a Zacks Rank #1 (Strong Buy). You can see the complete list of todays Zacks #1 Rank stocks here.

Aegleas loss per share estimates narrowed from $3.64 to $2.48 for 2017, over the last 60 days. The company posted positive earnings surprises in three of the four trailing quarters with an average beat of 20.75%.

VIVUSs loss per share estimates narrowed from 50 cents to 39 cents for 2017, over the last 30 days. The company posted positive earnings surprises in all of the four trailing quarters with an average beat of 233.69%.

MEI Pharmas posted positive earnings surprises in three of the four trailing quarters with an average beat of 66.56%. The companys shares gained 16% so far this year.

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Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>

Read more here:
Reasons to Add Puma Biotechnology (PBYI) to Portfolio Now - Zacks.com

Posted in Biotechnology | Comments Off on Reasons to Add Puma Biotechnology (PBYI) to Portfolio Now – Zacks.com

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