ASCO: Dr. Menon, 2012....lifted from the other boa
Post# of 72440
“From all the materials presented, we cannot find any compound in development focused on p53 at a stage remotely comparable to Kevetrin™. p53 is an important tumor suppressor that acts to restrict proliferation by inducing cell cycle checkpoints, apoptosis, or cellular senescence. If any mention is given to a new compound targeting p53, we learned that they are very early in development,” said Dr. Krishna Menon, Chief Scientific Officer at Cellceutix. “We have been in discussions with leading firms and pioneers in oncology throughout the conference. Appropriately, there is great enthusiasm surrounding vaccines and antibodies in oncology, especially the news about the experimental drugs by Bristol Myers Squibb (‘BMY’), but their limitations always surface in conversation because they have a narrow target of specific cancer lines. Researchers know that harnessing the power of p53, the ‘Guardian Angel of the Human Genome,’ can be a game changer because it is present in either ‘wild,’ ‘mutant’ or ‘null’ form in every type of cancer. Kevetrin™ is the only compound that affects all three forms, meaning that as a cancer therapy, it could have no bounds as to what cancer it treats. A drug of that prowess would represent one of the biggest breakthroughs in modern oncology and illustrates the scope and hope with Kevetrin™; explaining why it is garnering so much attention.”
No immediate competitions of p53-activating drugs + patent protections of Kevetrin for 10+ years = billions of revenues for BPs. I'm sure Leo will mention that when he's ready to negotiate.
“Awareness about Kevetrin™ and Cellceutix continues to grow,” commented Dr. Menon. “We are very proud of the recognition we are receiving for our company, our compounds and new cancer treatments that could potentially change the dynamics of chemotherapy as we know it today.”
Dr. Menon sure knew what he was talking about. Dana-Farber, Beth Israel Deaconess, University of Bologna, and soon to be announced SW cancer center.
“The passing of the legislation in the U.S. House of Representatives and the Senate recently, which includes a section on accelerating the review of new drugs for life-threatening diseases, has us even more eager for the commencement of clinical trials for Kevetrin™,” Dr. Menon continued. “Due to its unique Mechanism of Action to re-activate p53 in the destruction of cancer cells, we feel that this new mandate bodes especially well for us in expediting the development of this novel compound.”
Dr. Menon already mentioned the breakthrough designation for Kevetrin before the trial even started. That's how much confidence he had. In the most recent PR, he mentioned it again. Can't wait to hear what he's going to say at this year's ASCO.