55.7 F
San Diego
Tuesday, Mar 19, 2024
-Advertisement-

June BIO Convention’s Focus on Sustainability

This year’s gathering of everything biotechnology, the 2008 Biotechnology Industry Organization Convention, will highlight the industry’s contributions to a cleaner, more sustainable world.

A half-day leadership summit on biofuels and clean tech will bring together industry leaders to discuss business models that offer returns for investors while also addressing worldwide energy and environmental challenges.

BIO participants can also sneak a look at the North Carolina BIOflight plane, which runs off a blend of gasoline and biofuels. The plane will fly from Kitty Hawk in North Carolina to Lindbergh Field courtesy of the nonprofit Biofuels Center of North Carolina.

The biotech gathering, June 17-20, is expected to draw more than 20,000 people to the San Diego Convention Center.

– – –

Transdel Cream Moves To Next Phase: The FDA granted Transdel Pharmaceuticals Inc. the go-ahead to begin a late-stage clinical trial for an investigational topical cream intended to ease acute pain, the company said on April 7.

The La Jolla pharmaceutical company said it would initiate Phase 3 trials of Ketotransdel, a cream that facilitates the passage of ketoprofen, a non-steroidal anti-inflammatory drug, or NSAID.

“We’re very pleased,” said Juliet Singh, president and chief executive officer of Transdel. “This is a major accomplishment for the company and marks a significant milestone as well.”

If the FDA approves it, Transdel said Ketotransdel could become the first topical NSAID cream product in the United States for acute pain management.

More than 30 million people worldwide use NSAIDs, such as aspirin and ibuprofen, daily. It is estimated that the market for NSAIDs and Cox-2 inhibitors exceeds $6 billion a year.

Transdel, which has raised $5.6 million since last year, is traded over the counter under the symbol TDLP. For fiscal 2007, Transdel reported a net loss of $4.3 million.


Send news about biotechnology to Heather Chambers,

hchambers@sdbj.com

.

-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-
-Advertisement-