Cypros Pharmaceutical Receives Notice of Allowance on Patent for Use of Cordox in the Treatment of Asthma
CARLSBAD, Calif.--(BUSINESS WIRE)--April 14, 1998--Cypros Pharmaceutical Corp. (AMEX:CYP - news) announced today that it received Notice of Allowance from the U.S. Patent and Trademark Office on all claims of a U.S. patent application covering the use of fructose-1,6-diphosphate (FDP) for the treatment of asthma.
FDP is the active ingredient in the Cypros drug, Cordox(TM) (formerly CPC-111). The patent covers both inhaled and intravenous routes of Cordox administration. Recent evidence shows that Cordox reduces the immunologic and inflammatory cascade which causes the bronchial constriction and resulting asthma symptoms.
The putative mechanism of Cordox action is different from the current steroid and cathecholamine-based asthma drugs and may represent a new and potentially safer way to treat and prevent the asthma episode. Although the current patent is the first obtained by the company specifically for asthma, it complements two existing Cordox patents in other inflammatory and immunologic indications.
Cordox has been shown, in various internal and external preclinical studies, to reduce histamine release from activated mast cells, to suppress the activation of lymphocytes, to reduce neutrophil free radical production, and to inhibit interleukin production by activated T-cells. In these studies, Cordox administration directly into the lungs also blocks methacholine-induced asthma attacks.
Cypros is developing Cordox as a cytoprotective agent for use in a variety of ischemic indications. The therapeutic properties of Cordox in inflammatory and immunologic indications is a more recent finding and suggests that this natural sugar phosphate may have broader applications.
Commenting on the patent, Paul J. Marangos, Ph.D., chairman and chief executive officer of Cypros, stated, ''Cordox augments cellular energy metabolism so it is not surprising that it affects a variety of physiologic processes which underlie multiple diseases. We are making good progress in both discovering these new applications and in establishing the necessary proprietary position to make them commercially viable. Cordox displays many of the properties required for a useful asthma therapeutic; its novel mechanism of action, relative to other treatments, suggests that it may represent a new approach to this widespread and still poorly-treated disorder. Additional studies will determine the potential clinical utility of Cordox in asthma.''
Cypros Pharmaceutical is engaged in the development and marketing of drug products for the hospital market. The company is pursuing a diversified strategy of marketing approved drugs and developing small molecule therapeutics that protect cells from ischemic injury. The company currently has three products on the market, Glofil, Inulin and Ethamolin(R). The company is currently planning Phase III clinical trials for its Cordox and Ceresine drugs, which it expects to commence in 1998. |