With diseases such
as Alzheimer’s, type 2 diabetes, and rheumatoid arthritis on the rise, there is
a growing need for new and more effective treatments. But as an editorial by
the Washington Post on new drug development initiatives by the National
Institutes of Health makes clear, the cost of drug development failure is
staggering—and widespread. According to the editorial, “taking a drug candidate
from early discovery through Food and Drug Administration approval takes a
decade and has a 95 percent failure rate.” Plus, with the cost of drug
development being known to be able to exceed $1 billion, it is clear that
pharmaceutical companies face a very uphill challenge in bringing blockbuster,
high-therapeutic-potential drugs to market in today’s “drug approval climate”.
VistaGen
Therapeutics, a California-based biotechnology company, meets this problem
head-on with its Human Clinical Trials in a Test Tube™, a human pluripotent
stem cell technology that enables biotechnology and pharmaceutical companies to
identify unexpected heart or liver safety concerns before a drug candidate has
journeyed far into its development process. With this “drug rescue” capability,
biotechnology and pharmaceutical companies also become able to renew their
bring-to-approval efforts of once-promising-but-now-backshelved drug candidates
that were discontinued due to heart or liver safety issues.
According to a
Forbes article in 2012, the sunk cost of a failed drug candidate for a big
pharmaceutical company can be huge. The article notes that the cost of an
average drug developed by a major pharmaceutical company is at least $4
billion. That is where the drug rescue potential of VistaGen Therapeutics’
technology becomes clear. VistaGen Therapeutics believes that conventionally
used toxicological testing systems, such as animal testing and other
nonclinical methods, do not closely approximate human biology enough to account
for initially undetected liver and heart toxicity and metabolism issues. Human
Clinical Trials in a Test Tube™, in contrast, enables the differentiation of
human pluripotent stem cells into mature human cells. With these resources in
hand, therapeutic solution developers then become able to identify any emerging
liver or heart safety issues before a drug candidate has generated huge sunk
costs in research and development.
Mr. Shawn Singh,
J.D., Chief Executive Officer of VistaGen Therapeutics, has described the
disruptive potential of Human Clinical Trials in a Test Tube™ as
“game-changing”. Having noted that he has not seen anything like the ways
VistaGen Therapeutics is applying stem cell technology in his broad
professional career, Mr. Singh has signified his confidence that the human
pluripotent stem cell technology could change the face—and cost dynamics—of
American drug development and approval.
For more
information, visit: www.vistagen.com
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