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Innovation Pharmaceuticals

Innovation Pharmaceuticals

A biopharmaceutical company focused on medical therapies in dermatology, oncology, anti-inflammatory and antibiotics

OverviewStructured DataIssuesContributors

Contents

ipharminc.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Engineering
Engineering
Immunotherapy
Immunotherapy
0
Therapeutics
Therapeutics
Biomedical engineering
Biomedical engineering
Biopharmaceutical
Biopharmaceutical
Pharmaceutical industry
Pharmaceutical industry
...
Location
Wakefield, Massachusetts
Wakefield, Massachusetts
0
United States
United States
Beverly, Massachusetts
Beverly, Massachusetts
0
B2X
B2B
B2B
CEO
Leo Ehrlich
Leo Ehrlich
0
Founder
Leo Ehrlich
Leo Ehrlich
0
AngelList URL
angel.co/cellceutix
Number of Employees (Ranges)
11 – 500
Phone Number
+197892141250
Full Address
301 Edgewater Place - Suite 100 Wakefield, MA 018800
CIK Number
1,355,2500
IRS Number
300,565,6450
Founded Date
2007
0
Total Funding Amount (USD)
1,000,000
Latest Funding Round Date
May 10, 2012
Stock Symbol
IPIX0
Board of Directors
‌
Zorik Spektor
0
Leo Ehrlich
Leo Ehrlich
0
‌
Barry Schechter
0
Patents Assigned (Count)
4
Wellfound ID
cellceutix
Country
United States
United States
0
Headquarters
Wakefield, Massachusetts
Wakefield, Massachusetts
0

Other attributes

Company Operating Status
Active
Contact Page URL
ipharminc.com/contact-us
Previous Name
Cellceutix CORP0
EconoShare, Inc.0
Public/Private
Public0
SIC Code
2,8340

Innovation Pharmaceuticals (formerly Cellceutix Corporation) is a biopharmaceutical company focused on medical therapies in dermatology, oncology, anti-inflammatory and antibiotics.

Pipeline and products

Brilacidin from Innovation Pharmaceuticals (FORMERLY KNOWN as PMX30063, PolyMedix, Inc., Radnor, PA) is a defensin memetic that has been used in FDA clinical trials for various indications. Brilacidin has shown antibacterial, anti-inflammatory and immunomodulatory properties. The drug was developed for treatment of eye infections. Brilacidin is under investigation for inflammatory bowel disease and oral mucositis in cancer. Brilacidin is a nonpeptidic analogue that mimics the structural properties of defensins, which are part of the innate immune system. Brilacidin acts on the cell membrane of bacteria with depolarization.

COVID-19

COVID is a respiratory disease outbreak caused by a novel coronavirus strain called SARS-CoV-2, first detected in Wuhan City, China and declared a public health emergency of international concern on January 30, 2020 by the World Health Organization (WHO). Brilacidin will be tested as a coronavirus drug. Innovation Pharmaceuticals is collaborating with a U.S. virology laboratory and has plans to test Brilacidin in a government-funded virology laboratory in Asia to assess activity on RNA viruses. The immunomodulatory properties are multifaceted and proposed to have potential to fight coronavirus infections. Brilacidin has been shown to have moderate activity against enveloped viruses. Brilacidin could be administered post-infection as an adjuvant therapy to strengthen the body’s natural immune response after the viral load is reduced. As a vaccine, Brilacidin is proposed to have potential to disrupt viral replication and enhance the protective role of natural surfactants in the lung to resolve respiratory problems.

Timeline

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Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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