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Agreement signed with Prostagenics to develop prostate cancer treatment

Published in Cancer Weekly, May 10th, 2005

Innovate Oncology, Inc., (IOVO), a company founded by Bioaccelerate Holdings, Inc., (BACL), announced that it has entered into an exclusive agreement with Prostagenics LLC, acquiring the rights to develop and commercialize Capridine-Beta for the treatment of prostate cancer.

Capridine-Beta is a novel nitroacridine derivative, which has shown specific activity against prostate cancer. It works by stimulating expression of p16, the tumor-suppressor gene and inhibits cyclic dependent kinases CDK-2, CDK-4 and CDK-6. Capridine-Beta also renders aggressive hormone-independent prostate cells hormone-sensitive.

Therefore, Capridine-Beta may be effective in...

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