Friday, November 18, 2011

FluoroPharma Medical, Inc. (FPMI) is “One to Watch”

FluoroPharma Medical, Inc. is a biopharmaceutical company focused on discovering and developing patented Positron Emission Tomography (PET) imaging products to improve patient management by evaluating cardiac disease at the cellular and molecular levels. The company is currently advancing two products in clinical trials to fulfill critical unmet medical needs. The agents will provide clinicians important tools for detecting and assessing pathology before clinical manifestations of disease.

The company’s proprietary molecules labeled with the radioactive isotope of fluorine combined with PET scanning provide non-invasive, highly specific and efficient assessment of heart metabolism and physiology. FDG, mainly used in oncology, is the primary commercial labeled PET molecular imaging agent. FluoroPharma’s cardiovascular program targets the historically largest potential market of nuclear medicine.

Molecular imaging fulfills numerous unmet needs in diagnosis by enabling visualization, characterization and measurement of biological processes at the molecular and cellular level. Unlike traditional imaging modalities – MRI, CT, and Ultrasound – that reveal the anatomical manifestation of disease, PET provides insight into physiology and can detect disease before anatomical manifestation is identified. The market for molecular imaging agents currently exceeds $1.7 billion annually and promises rapid growth for the foreseeable future.

FluoroPharma’s comprehensive technology platform was developed by scientists at the Massachusetts General Hospital and Harvard Medical School. To date, the company has been issued four US patents and has seven applications pending in addition to strong international protection. With a highly competent management team in place and the necessary resources to advance clinical development, FluoroPharma is well positioned to capitalize on its superior imaging technology.

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