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Currently up about 20% on today's news. Not a proponent of the company, I'm interested in learning more about their catalytic antioxidants. Note also that they've been making news for a STEM-like project with liver stem cells...... Wednesday September 6, 9:13 am Eastern Time Press Release SOURCE: Incara Pharmaceuticals Corporation Incara Announces Patent on Small-Molecule Antioxidants; Catalytic Antioxidants Active in Preclinical Models of Stroke, Reperfusion Injury RESEARCH TRIANGLE PARK, N.C., Sept. 6 /PRNewswire/ -- Incara Pharmaceuticals Corporation (Nasdaq: INCR - news) today announced issuance of the U.S. patent for ``Oxidoreductase Activity of Manganic Porphyrins.'' Incara licenses the patent from Duke University as part of a research collaboration in the field of antioxidants. The oxidoreductase activity described in the patent represents a novel mechanism of action for certain small molecules acting as catalytic antioxidants and is an extension of Incara's ongoing small molecule antioxidant research and development program. Incara's small molecule antioxidants catalytically degrade the free radicals superoxide and peroxynitrite. Free radicals cause cell damage by reacting with proteins, lipids and DNA. Scientists believe that damage caused by free radicals plays a role in many diseases, including stroke and inflammatory diseases. In preclinical models of stroke, Incara's lead catalytic antioxidant molecule, AEOL 10113, has consistently demonstrated dramatic reduction in infarct size. Significant reduction of infarct volume was found even when the compound was administered as late as 7.5 hours after the onset of ischemia. AEOL 10113 has also been shown to exert a protective effect in preclinical models of liver and cardiac ischemia and reperfusion injury. Incara's catalytic antioxidant program was founded by Irwin Fridovich, Ph.D. of Duke University School of Medicine, the co-discoverer of the endogenous antioxidant enzyme superoxide dismutase, and James D. Crapo, M.D. of National Jewish Medical and Research Center, a pulmonologist and antioxidant researcher. ``Our latest catalytic antioxidants are more active than the natural SOD enzyme on a weight basis,'' said Dr. Fridovich. ``Their ability to penetrate cells and tissues could make them effective antioxidants for therapeutic applications.'' ``We believe that our catalytic antioxidants have great potential in the treatment of human disease,'' said Clayton I. Duncan, Chairman and CEO of Incara Pharmaceuticals. ``We plan to start clinical trials in stroke next year.'' Incara Pharmaceuticals Corporation (http://www.incara.com ) is developing a diversified portfolio of proprietary therapies oriented to major advances in treatment of diseases afflicting large patient populations. The Company's three current programs include liver precursor cell therapy for the treatment of liver failure, an ultra-low molecular weight heparin for the treatment of inflammatory bowel disease and catalytic antioxidants for treatment of stroke, reperfusion injury and chronic bronchitis. The statements in this press release that are not purely statements of historical fact are forward-looking statements, and actual results may differ materially from those anticipated. These statements and other statements made elsewhere by the Company or its representatives, which are identified or qualified by words such as ``likely,'' ``will,'' ``suggests,'' ``expects,'' ``might,'' ``may,'' ``believe,'' ``could,'' ``should,'' ``would,'' ``anticipates,'' ``plans'' or similar expressions, are based on a number of assumptions that are subject to risks and uncertainties. Important factors that could cause results to differ include uncertainties of scientific research, risks associated with the need to obtain funds for operations, clinical trials and product development activities. These and other important risks are described in Incara's reports on Form S-1, Form 10-K, Form 10-Q and Form 8-K filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company assumes no obligation to update the information in this release. SOURCE: Incara Pharmaceuticals Corporation | ||||||||||||||
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