See feature article below: Pulmatrix, Inc. (NASDAQ: PULM)
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Report For: Pulmatrix, Inc. (NASDAQ: PULM)
PHILADELPHIA, PA / ACCESSWIRE / June 13, 2016 / CEOCFO Magazine, an independent investment and B2B publication that conducts interviews with company CEOs, announced today that it has published an interview with Robert Clarke, PhD, CEO of Pulmatrix, Inc. (PULM).
As Dr. Clarke describes in the interview, Pulmatrix is a small pharmaceutical company developing innovative inhaled drugs to treat respiratory diseases. “Specifically, we look at COPD, asthma, cystic fibrosis, and idiopathic pulmonary fibrosis, all of which are major diseases of the lung,” Dr. Clarke says.
Pulmatrix has created a novel engineered dry powder technology, called iSPERSE™, for delivering drugs deep into the lungs. “What differentiates it from traditional inhaled approaches is that the particles fly very easily into the patients’ airways,” Dr. Clarke explains. That boosts the efficiency of drug delivery and makes it possible to deliver high doses when needed.
The first product candidate in the company’s pipeline is PUR0200, a once daily bronchodilator for chronic obstructive pulmonary disease (COPD), which affects tens of millions of patients worldwide. Clinical data show that Pulmatrix’s delivery system is so efficient that PUR0200 can use a dose of the active drug that’s 80% lower than that of the current standard of care to get similar benefits. Pulmatrix expects to follow a quick path to approval in Europe, while also seeking approval in the U.S.
The next product candidate is PUR1900, an inhaled drug to treat fungal infections in the airways of patients. The only current treatment, using oral antifungal drugs, is both relatively ineffective and causes serious side effects. That’s because “you have to take a lot of the antifungal orally to get the drug into the bloodstream and all the way into the lung tissue,” Dr. Clarke explains. “We believe we can correct both of those issues.”
The iSPERSE technology can deliver virtually any type of drug, from small molecules to large antibodies, so it can be used for many different diseases. “We have this applicable technology to bring better products forward for patients,” says Dr. Clarke. The company now is considering other disease targets. It also has a strong financial position, having raised enough money last year “to take us into mid-2017,” says Dr. Clarke. The Pulmatrix CEO discussed the company’s plans in a recent Stock-Sector.com news interview. http://stock-sector.com/stock-sector-discusses-pulmatrixs-unique-inhaled-drugs-in-interview-with-ceo-dr-robert-clarke/.
Source – Company Press Release
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