With the permission of Cellceutix Corporation, we have uploaded a video to YouTube that is the audio commentary from Mr. Ehrlich about the press release on their innovative compound KM-391 for the treatment of autism. OTC Showcase wishes to thank Cellceutix for the use of the audio.
1 comment
#1adminMarch 29, 2010, 2:12 pm
An article about this has also been posted on http://www.masshightech.com - The Journal of New England Technology.
Cellceutix autism study returns positive data
Beverly biopharmaceutical Cellceutix Corp. today reported positive results in an animal study of its autism compound, KM-391, which it acquired from an unspecified Indian university in a deal finalized in December.
Cellceutix (OTCBB:CTIX) said in a press release that in the 90-day animal study KM-391 was given orally to groups of rats at two dosage levels. “At each dosage level, KM-391 demonstrated significant improvements in the test animals when compared to both the ‘no treatment’ group and the ‘active control’ (fluoxetine) group on the parameters of brain plasticity, serotonin levels and behavioral function.”
CFO Leo Ehrlich said that the next step in the research is to continue to synthesize quantities of KM-391 for use in toxicology studies, and that, if those studies are successful, any application for an investigational new drug application and clinical trial is at least a year away.
Cellceutix develops small molecules to treat cancer and inflammatory diseases. Earlier this month, Cellceutix signed a deal with Andover-based Formatech Inc. to formulate its compound Kevetrin for a Phase 1 study to treat resistant cancers.
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