Last $0.29 USD
Change Today +0.03 / 11.54%
Volume 26.7K
LIXT On Other Exchanges
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OTC US
As of 8:10 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

248 Route 25A, No. 2

East Setauket, NY 11733

United States

Phone: 631-942-7959

Fax:

Lixte Biotechnology Holdings, Inc., a development stage company, develops new treatments for human cancers. The company’s drug discovery process is based on discerning clues to potential new targets for cancer treatments reported in the large body of literature identifying the molecular variants which characterize human cancers and other non-cancer disorders. The company selects drugs for which there are existing data suggesting that they may affect the altered pathways of the cancer cell and may be given safely to humans. Products The company develops two classes of drugs, protein phosphatase inhibitors (PTase-i), designated by the company as the LB-100 series of compounds, and histone deacetylase inhibitors (HDACi), designated by the company as the LB-200 series of compounds, for the potential prevention and treatment of neurodegenerative diseases. The LB-100 series consists of novel structures which have the potential to be first in their class, and the LB-200 series contains compounds which have the potential to be the most effective of this class. The company’s products would derive directly from its intellectual property, consisting of patent applications. These patents cover sole rights to the composition and synthesis of the LB-100 and LB-200 series of drugs. Joint patent applications with National Institutes of Health have been filed for the treatment of glioblastoma multiforme, medulloblastoma, and neuroblastoma. The company also has filed claims for the use of certain homologs of both series of drugs for the potential treatment of neurodegenerative diseases, such as Alzheimer’s Disease and Parkinson’s Disease, Amyotrophic Lateral Sclerosis (ALS, or Lou Gehrig’s Disease), stroke, and traumatic brain injury and of homologs of the LB-200 series for treatment of serious systemic fungal infections and for the treatment of common fungal infections of the skin and nails. Regulations The company’s collaborator includes National Institute of Neurological Diseases and Stroke (NINDS), National Institutes of Health. The NINDS laboratory that is carrying out this activity is a research laboratory that operates in compliance with various federal and state’s statutes and regulations, including OSHA. The company is subject to regulation under various federal and state statutes and regulations, such as the Occupational Safety and Health Act, the Environmental Protection Act, the Toxic Substances Control Act, the Research Conservation and Recovery Act, national restrictions on technology transfer, and import, export and customs regulations. History Lixte Biotechnology Holdings, Inc. was founded in 2005.

 

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