Leading drug-delivery firm Particle Sciences said on Monday that it has attained the legal right to create and use technology incorporated into its SATx platform.
Having received a Notice of Allowance, Particle Sciences will benefit from the technology’s new patent with its addition to the firm’s drug-delivery intellectual property portfolio.
The platform, which involves several structures combining nanoparticles with surface-bound large molecules, has a variety of potential applications in subspecialties such as oncology and vaccination.
Particle Sciences CEO Mark Mitchnick underscored the relevance of the achievement, explaining that the idea was recently well-received by the Washington, D.C.-based American Chemical Society. “Using this platform, we are able to offer our clients a real alternative to typical ADC approaches, one that can be rapidly prototyped and does not require the use of any new chemical entities,” Mitchnick said.
"Particle Sciences has made a significant investment in both the formulation and analytic support of biologics," Robert Becker, the company's vice president of biopharmaceutical sales and business development, said. "The SATx technology…gives our clients new options for improving the potency, safety, and utility of both large- and small-molecule therapeutics that can't be found elsewhere. For clients looking to leverage their new biopharmaceuticals and vaccines, and those seeking to develop "bio-betters," the SATx platform should be seriously considered and evaluated."
Particle Sciences is an integrated provider of drug development services. The Bethlehem-based company was founded in 1991 and aims to provide pharmaceutical companies with a seamless development solution that minimizes the time and risk between discovery and the clinic.
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