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Start-Up Previews (9/01)

Executive Summary

A preview of the emerging health care companies profiled in the current issue of Start-Up. This month's profile group, Anti-Angiogenesis, features profiles of Cell Matrix Inc., Kereos Inc., MBT Munich Biotechnology GMBH, Oncology Sciences Corp. and Pivotal BioSciences Inc. Plus these Selected Start-Ups across Health Care: CardioVention Inc., MedEView Inc. and XenoPort Inc.

A preview of the emerging health care companies profiled in the current issue ofSTART-UP: Windhover's Review of Emerging Medical Ventures

Grouped Start-Ups

This month's profile group: Anti-Angiogenesis

Cell Matrix Inc.has begun to develop humanized antibodies that target human denatured collagen that is exposed as a result of extra cellular matrix remodeling, an early step in the angiogenesis cascade. The company is focused on developing therapeutics for major solid tumor cancers and melanoma, and plans to outlicense non-cancer applications of its platform.
Kereos Inc. 's stable targeted nanoparticles can deliver both imaging agents and drugs to specific sites in the body. Although the company's technology has the potential to be a broad platform, its first product will an MRI imaging agent that targets the receptor expressed by the special angiogenic capillaries associated with solid tumors in breast cancer.
MBT Munich Biotechnology GMBH is developing cancer diagnostics and therapeutics that it hopes will allow early tumor detection along with localized delivery of cytotoxic compounds to tumor sites. Its technology is based around the encapsulation of imaging agents and therapeutic products into positively charged liposomes that bind preferentially to angiogenic blood vessels supplying tumors, without leaking out of the blood supply into other tissues and organs.
Founded in close affiliation with Denver's AMC Cancer Research Center, Oncology Sciences Corp. is taking a natural approach to fighting prostate cancer. It is focusing on preclinical development of an endogenous angiogenesis inhibitor as well as other natural substances that work through anti-angiogenic and additional mechanisms.
Pivotal BioSciences Inc. is developing less toxic cancer therapies, initially focusing on contortrostatin, a novel anti-angiogenic agent derived from snake venom.

Start-Ups across Health Care

CardioVention Inc. aims to provide reliable respiratory support during both stopped heart and assisted beating heart surgical procedures without the adverse effects caused by traditional cardiopulmonary bypass systems. Its CORx System minimizes the amount of foreign surface area over which blood must pass, and it is operated with only minimal priming, eliminating the damaging effects of hemodilution.
MedEView Inc. 's web-based technology marries radiological images and reports to other patient-specific information—medical literature, treatment protocols, payer formularies, ads for drugs relevant to the patient's condition—and pushes it to the desktops of referring physicians at the time of diagnosis.
XenoPort Inc. wants to increase the oral bioavailability, therefore the efficacy, of small- and large-molecule therapeutics by harnessing the body's active transport system. It will combine existing drugs with proprietary transport modules that engage the pathways normally used by the body for the uptake and distribution of nutrients.

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