CureMark Announces License and Development Agreement With Balchem Corporation for Production of Its Enzyme Specialty Products
YONKERS, N.Y., Nov. 15 /PRNewswire/ — CureMark(TM), a privately held specialty biotechnology company focused on the treatment of neurological and other diseases by addressing certain key gastrointestinal/pancreatic secretory deficiencies, announces today the signing of a licensing and development agreement to utilize Balchem Corporation’s novel drug delivery technologies to optimize CureMark’s proprietary enzyme formulation.
Under the agreement, Balchem has granted CureMark an exclusive license for using its patented and proprietary drug delivery technology, PharmaShure(TM) in all of CureMark’s digestive/pancreatic enzyme products. CureMark has found that autistic children suffer from a pancreatic secretory deficiency and has demonstrated in empirical studies that a specific pancreatic enzyme formulation can positively impact many aspects of autism.
“This is a major step in our strategy of developing highly effective, stable and proprietary enzyme formulation products for the treatment of Autism and other dysautonomic diseases and disorders,” said Dr. Joan Fallon, CEO of CureMark. “We recognize the need to provide a safe, stable and uniform enzyme product for patients with Autism, cystic fibrosis and other diseases. The use of PharmaShure will be a key part of our anticipated clinical trials for our lead products for autism and cystic fibrosis in 2007.”
The Balchem technology is proven, unique and highly flexible encapsulation system that allows for the incorporation of multiple drug delivery features, including intestinal localization, and modified pharmacokinetic profiles.
Dino Rossi, CEO of Balchem, said, “We are confident that with the complement of Balchem’s technology, CureMark will provide effective treatments for autism and other afflictions, To be on the ground-floor with CureMark in the development of novel therapies for people with special needs is a great source of pride and satisfaction for our company.”
Balchem Corporation consists primarily of three business segments: ARC Specialty Products, BCP Ingredients and its Food, Pharma & Human Nutrition Division, which is one of the world’s leading providers of microencapsulated ingredient solutions. The Encapsulated/Nutritional segment provides proprietary microencapsulation solutions to an expanding variety of applications. Its proprietary PharmaShure(TM) Taste-Masking and PharmaShure(TM) Modified Release technologies bring together coating chemistry, material science and cGMP manufacturing to accelerate the NDA, ANDA or OTC product development process. For more information, visit http://www.balchem.com/.
CureMark is a drug development company focused on the treatment of neurological and other diseases by addressing certain key gastrointestinal/pancreatic secretory deficiencies. These deficiencies are thought to play a role by altering the availability and absorption of key amino acids and other components that may be needed for the synthesis of neurotransmitters and possibly other agents important for the proper functioning of various organ systems including but not limited to the central nervous system. CureMark has initially focused its efforts on the development of a therapeutic product for the treatment of Autism. CureMark has a substantial patent portfolio, which it plans to commercialize in the areas of autism, ADD ADHD, Parkinson’s, diabetic neuropathy and other conditions. For further information please go to http://www.cure-mark.com/.
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Contact: CureMark Dr. Joan Fallon 914-779-9300 firstname.lastname@example.org
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CONTACT: Dr. Joan Fallon of CureMark, +1-914-779-9300,email@example.com
Web site: http://www.cure-mark.com/http://www.balchem.com/