NEW YORK, NY--(Marketwired - Apr 29, 2013) - While many biotech and pharmaceutical companies are designing one drug after another to address specific health problems, Nuvilex, Inc. (
Nuvilex is headquartered in Silver Spring, Maryland, and while it is a small international biotech, the company has been delivering big results, and now it's preparing for an even bigger stage -- Phase III clinical trials. When it comes to pancreatic cancer, you can bet the NYSE's Eli Lilly and NASDAQ's Celgene Corp. are all too familiar with Nuvilex and its technology. Currently, Eli Lilly's drug Gemzar is the only drug to date approved by the FDA as a single agent for the treatment of advanced, inoperable pancreatic cancer and the drug is considered the "gold standard" by the market. Eli Lilly introduced gemcitabine (Gemzar) back in 1996, and since that time, it has netted the drug's maker billions of dollars in sales.
Nipping at Eli Lilly's heels are both Celgene and Nuvilex, but of the three, the smallest of them all, has produced the best results in clinical trials using its living cell encapsulation. Nuvilex's "Cell-in-a-Box" is a process that forms a "platform" upon which treatments for many serious, debilitating, and even fatal diseases may be built. Some of these diseases include different types of cancer, diabetes, diseases for which stem cell therapies are being developed, and diseases caused by viruses.
The process uses living cells, and Nuvilex takes a very specific type of cell to address a specific problem a patient suffers from. Scientists then wrap up cells in a type of cellulose, forming essentially "cotton" capsules with live cells inside that form this "platform" or bundled miniature "house" of cells about the size of the head of a pin.
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- Health Care Industry
- pancreatic cancer