Company Profile

Medicon Inc
Profile last edited on: 11/10/17      CAGE: 4GNR4      UEI:

Business Identifier: Small molecules with anticancer and anti-inflammatory properties
Year Founded
1996
First Award
2008
Latest Award
2017
Program Status
Inactive
Popularity Index
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Location Information

25 Health Sciences Drive Suite 126
Stony Brook, NY 11790
   (631) 751-0577
   desk@mediconinc.us
   www.mediconinc.us
Location: Single
Congr. District: 01
County: Suffolk

Public Profile

Medicon, Inc's compounds are synthesized de novo or, more often, are known agents chemically modified to enhance their pharmacological properties, with particular emphasis on their efficacy and safety. Modification of the widely used nonsteroidal anti-inflammatory drug (NSAID) sulindac has led to two compounds, OXT-328 and OXT-922. Compared to conventional sulindac, both display superior efficacy and safety, as shown in preclinical models. Key to these properties is the type of their chemical modification and the resultant novel mechanism of action, clearly distinct from that of sulindac. Extensive preclinical studies with OXT-328 demonstrated its ability to both prevent (>90%) and treat colon cancer. These studies also indicated a highly favorable safety profile. Medicon’s pipeline includes a number of similarly modified NSAIDs and other compounds. The firm's studies to date indicate a platform technology with the interesting feature that compounds display individual properties that give them specificity of target cancer. Cancers effectively treated with our compounds in preclinical tumor models include some of the most lethal human cancers, such as colon cancer, pancreatic cancer, lung cancer and breast cancer, including the dreaded triple-negative subtype. In terms of anti-inflammatory properties, three NSAID derivatives show excellent efficacy in animal models of inflammation and markedly reduced gastrointestinal toxicity

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
5-9
Revenue Range
.5M-1M
VC funded?
No
Public/Private
Privately Held
Stock Info
----
IP Holdings
N/A

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2017 1 NIH $300,000
Project Title: A Novel Agent for Ovarian Cancer
2013 2 NIH $1,949,888
Project Title: Mdc-1231 for Cancer Prevention
2012 1 NIH $299,999
Project Title: An Agent For The Treatment Of Lung Cancer
2010 1 NIH $199,899
Project Title: Tas::75 0849::Tas The Contractor Proposes Studies For The Preclinical Developme
2008 1 NIH $149,800
Project Title: Novel Urea Breath Test for H. Pylori Diagnosis

Key People / Management

  Anastasia Rigas -- President

  Despina Komninou

  Gang Xie

Company News

There are no news available.