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Biotech / Medical : Cancer - Side effect drugs

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To: John McCarthy who started this subject5/18/2002 1:44:56 PM
From: John McCarthy   of 57
 
[2002]-[BNP7787]-[BioNumerik Pharmaceuticals, Inc.]

BioNumerik Pharmaceuticals, Inc.

PROFILE

BioNumerik Pharmaceuticals crunches the numbers to develop drugs that fight cancer and the side effects associated with many therapies. The firm's "mechanism-based" approach relies heavily on computer models and simulations to identify promising drug candidates; it has access to supercomputer technology through an alliance with Cray Inc. The company's lead product candidate, BNP7787 (to prevent nerve and kidney damage caused by cancer treatments), has been granted fast-track development status from the FDA. Nearly all of the firm's revenue comes from a joint venture with an affiliate of leading Japanese drugmaker Takeda Chemical Industries. Founder and chairman Frederick Hausheer owns nearly a third of BioNumerik.

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