PRESS RELEASES

 

2017-05-18, Kuopio, Finland

Aranda Pharma Ltd Announces Issuance of US and European Patents for its Proprietary Small Molecules for the Treatment of Advanced Prostate Cancer

Aranda Pharma Ltd, a drug discovery company focused on development of novel small molecules for the treatment of advanced prostate cancer, announced today the issuance of US Patent 9,650,382, and European patent, EP 2802563, for its proprietary small molecules targeting androgen receptor. These patents are part of Aranda’s IP portfolio that includes 14 issued patents and 20 patent applications covering wide chemical space in two patent families.

Aranda’s proprietary small molecules are efficacious in prostate cancer cells resistant to current treatment options. “We envision that Aranda’s extensive IP portfolio together with groundbreaking recent data in Xtandi (enzalutamide) resistant mouse model of advanced prostate cancer will give us excellent grounds when advancing the program towards clinical trials”, says Anu Muona, CEO of Aranda. Aranda is seeking for clinical development and commercialization partner for its prostate cancer program.

About Aranda Pharma Ltd

Aranda Pharma Ltd founded in September 2015 in Kuopio, Finland is a privately owned drug discovery company dedicated to discover and develop novel small molecules to combat prostate cancer and neurodegenerative diseases. Aranda’s lead asset, androgen receptor antagonist for advanced prostate cancer, originates from Medeia Therapeutics’ prostate cancer program. The compound is in the late stage of preclinical development ready to advance into regulatory safety pharmacology and toxicology studies. Aranda has successfully completed two financing rounds and is supported by Finnvera plc and Chinese biotech company Tarrex Biopharma Ltd.

Contact information

Anu Muona, CEO

+358 440323361

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2017-04-04, Kuopio, Finland

Aranda Pharma’s prostate cancer program was awarded with a Seal of Excellence by the European Commission

Aranda’s ADA-308 prostate cancer program was awarded a Seal of Excellence certificate by the European Commission under the Horizon’s 2020 SME Phase 1 call. The Seal of Excellence is a quality label awarded to promising high quality project proposals, which succeeded in passing all three stringent selection and award criteria required for receiving EU funding, but did not receive it due to call budget limits. The evaluation is done by international panel of independent experts.

About Aranda Pharma Ltd

Aranda Pharma Ltd founded in September 2015 in Kuopio, Finland is a privately owned drug discovery company dedicated to discover and develop novel small molecules to combat prostate cancer and neurodegenerative diseases. Aranda’s lead asset, androgen receptor antagonist for advanced prostate cancer, originates from Medeia Therapeutics’ prostate cancer program. The compound is in the late stage of preclinical development ready to advance into regulatory safety pharmacology and toxicology studies. Aranda has successfully completed two financing rounds and is supported by Finnvera plc and Chinese biotech company Tarrex Biopharma Ltd.

Contact information

Anu Muona, CEO

+358 440323361

more...
 

2015-11-11, Kuopio, Finland

Tarrex Biopharma and Finnvera invest in Aranda Pharma developing novel treatment for advanced prostate cancer

Chinese drug discovery company Tarrex Biopharma and Finnvera plc from Finland have invested in Aranda Pharma originating from Kuopio. Aranda Pharma Ltd is a drug discovery company focusing in the early development of novel small molecules to treat advanced prostate cancer. Upon investment Aranda continues the preclinical development of its lead asset, aiming at entering into regulatory safety and toxicology studies within the next year.

Tarrex is developing novel small molecules to combat cancer and its lead asset designed for the treatment of colorectal cancer is ready for submission of IND application for FDA for approval of entering into clinical studies. “We share the vision for the need of better treatment options for prostate cancer and are very pleased to have Tarrex’s scientific and financial support to advance the program”, says Anu Muona, PhD, Managing Director of Aranda Pharma. “Tarrex has just finalized the drug discovery phase we are about to enter, making Tarrex ideal collaboration partner for Aranda”, Dr. Muona continues. Aranda’s lead compound is an androgen receptor antagonist with proven efficacy in cellular and animal models of prostate cancer that are resistant for current treatment options. Dr. Kanyin E. Zhang, CEO of Tarrex Biopharma states that “We are really excited about this opportunity to work with Aranda and to advance a better therapy for prostate cancer patients with significant unmet medical needs”. The investment decision at Finnvera’s Venture Capital Investments is based on the evaluation of company’s competence in technology and growth potential. “We are extremely pleased at Aranda to be qualified as portfolio company for Finnvera”, states Dr. Muona.

About Aranda Pharma Ltd

Aranda Pharma Ltd founded in September 2015 in Kuopio, Finland is a privately owned drug discovery company dedicated to discover and develop novel small molecules to combat prostate cancer and neurodegenerative diseases. Aranda’s lead asset, androgen receptor antagonist for advanced prostate cancer, originates from Medeia Therapeutics’ prostate cancer program. The compound is in the late stage of preclinical development ready to advance into regulatory safety pharmacology and toxicology studies. Aranda has successfully completed its first financing round and is supported by Finnvera plc and Chinese biotech company Tarrex Biopharma Ltd.

About Tarrex Biopharma Ltd

Tarrex Biopharma is a privately held startup drug discovery company, located in Xiamen, China. Tarrex is focusing on developing innovative therapeutics for the treatment of cancer. Tarrex’s lead asset, TX803, is novel small molecule drug candidate with a unique molecular mechanism for the treatment of colorectal cancer. Tarrex plans to submit an IND application to the US FDA and enters clinical development in 2016.

Contact information

Anu Muona, Managing Director

+358 440323361


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