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FOR IMMEDIATE RELEASE | |
| Contact: | Bill Berry |
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CELATOR® PHARMACEUTICALS SUCCESSFULLY USES NANOPARTICLES TO ADMINISTER HYDROPHOBIC DRUG COMBINATIONS Results presented at American Association for Cancer Research meeting indicate that technology could improve control in administration of non-water-soluble drugs to treat cancer and possibly other diseases. Princeton, NJ (April 16, 2008) – Celator Pharmaceuticals today reported results on a novel approach designed to deliver drugs that are incapable of dissolving in water (hydrophobic drugs) in nanoparticles to enhance and control drug circulation. These findings allow the company to combine hydrophobic drugs such as paclitaxel with other anti-cancer drugs, based on the company's proprietary CombiPlex technology™. The results were presented today in a poster presentation at the American Association for Cancer Research meeting in San Diego.
Celator Pharmaceuticals, Inc., is a privately held pharmaceutical company working to develop new and more effective therapies to treat cancer. CombiPlex™, the company's drug ratio technology platform, represents a revolutionary new approach that identifies a ratio of drugs that will deliver a synergistic benefit, locks the desired ratio in a drug delivery vehicle, and maintains the ratio in patients with the goal of improving clinical outcomes. The company pipeline includes: CPX-1 (a liposomal formulation of irinotecan:floxuridine), currently in a Phase 2 trial in patients with colorectal cancer; CPX-351 (a liposomal formulation of cytarabine:daunorubicin), currently in a Phase 1 trial in patients with leukemia; CPX 571 (a liposomal formulation of irinotecan:cisplatin), a preclinical stage compound; and multiple research programs. Based on the applications of CombiPlex, Celator is positioned to advance a broad pipeline of combination therapies involving both previously approved and novel drug agents. For more information, please visit the company's website at www.celatorpharma.com. # # # |
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