Company Profile

Photolitec LLC
Profile last edited on: 12/20/2019      CAGE: 6K9W0      UEI: K1L7CAXEGZF1

Business Identifier: Photodynamic therapy compounds for detecting and treating cancer
Year Founded
2010
First Award
2013
Latest Award
2022
Program Status
Active
Popularity Index
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Location Information

6220 Creekhaven Drive
East Amherst, NY 14051
   (716) 845-4565
   info@photolitec.org
   www.photolitec.org
Location: Single
Congr. District: 27
County: Erie

Public Profile

A spin-off of Roswell Park Cancer Institute (RPCI), Buffalo NY., Photolitec, LLC, is a life-sciences company at developing - under licenecs from Roswell - photosensitizing compounds used in photodynamic therapy (PDT). PDT is an innovative cancer treatment pioneered by Roswell Park personnel. PDT is a treatment used for skin, lung, head-and-neck and esophageal cancers, as well as other non-oncological medical conditions. In this therapy, a photosensitive compound is applied directly to the skin or injected intravenously. While healthy cells shed the drugs within a few days, the agents remain heavily concentrated in cancer cells. The tumor is then exposed to an appropriate wavelength of a laser light, which produces a cytotoxic agent within the tumor, causing selective destruction of the cancer cells. The compounds developed by the founders effectively could be judged the next generation of PDT agents with imaging capability - ssociated with only limited skin phototoxicity, a major limitation of most PDT compounds — including Photofrin, the standard agent used in PDT. PDT was not at the time (2010) used for treating large or deep-seated tumors of the body; however, the developers judged that long-wavelength-absorbing compounds c/would help to image and treat deeply-seated tumors. Having the ability to image tumors through fluorescence and/or nuclear (PET) imaging offered “the see and treat approach.” The drug compounds that collect in cancerous cells work as markers for nuclear imaging, optical imaging or MRI prior to PDT treatment or surgery, or to monitor cancer treatment results,

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
15-19
Revenue Range
1.5M-2M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
1-4

Awards Distribution by Agency

Key People / Management

  Ravindra K Pandey -- Founder and Chief Scientific Officer

  Lingbin Bai -- Business Coordinator

  Robert Cavallari -- Chief Operating Officer

  Lynne Day

  Mykhaylo Dukh -- Project Leader and International Coordinator

  Manivannan Ethirajan -- Project Coordinator

  Scott Friedman -- Legal Counsel

  Aimee Marko

  Paula Pera -- Research Associate, Biological Studies

  William R Potter