Grant ID | DP150127 |
Awarded On | November 19, 2015 |
Title | Engineered AXL Decoy Receptor for Treatment of AML & Solid Tumors |
Program | Product Development Research |
Award Mechanism | New Company Product Development Award |
Institution/Organization | Aravive Biologics, Inc. |
Principal Investigator/Program Director | Amato Giaccia |
Cancer Sites | Leukemia, Ovary, Pancreas |
Contracted Amount | $20,000,000 |
Lay Summary |
Ruga Corporation is a late preclinical stage pharmaceutical company developing Ruga-S6, an engineered decoy soluble AXL receptor, for targeted therapy against acute myeloid lymphoma (AML) and certain solid tumor indications including ovarian, pancreatic, and breast cancer. AML is a hematologic cancer affecting both pediatric and adult patients. While the pediatric population is small (~800), over 18,000 adults are diagnosed in the US annually, with the majority of these patients over 65. Based on 1996-2002 SEER statistics, the 5-year survival rate for adults older than 65 diagnosed with AML was a mere 4.3%. In the past 20 years, there has been little improvement in overall survival for AML... |