BioAdvance - Portfolio

Portfolio Companies

BioAdvance portfolio companies reflect the breadth and depth of biomedical expertise in Southeastern Pennsylvania. They include medical devices, diagnostics, therapeutics and tool/platform projects. Collectively, the BioAdvance portfolio companies are developing more than 60 products to diagnose or treat diseases such as Alzheimer's, obesity, diabetes, cancer and infectious diseases.

 

Exits Through Acquisition

Acuity Pharmaceuticals, Inc.   RNAi technology to treat macular degeneration.

Acuity Pharmaceuticals, Inc.
(Merged into Opko Health, Inc.)                             Philadelphia, PA 

www.opko.com

Alteris Therapeutics, Inc.  Therapeutics and vaccines (CDX-110) against novel, proprietary cancer targets. 

Alteris Therapeutics, Inc.
(Acquired by Celldex Therapeutics which merged with Avant Immunotherapeutics)

Philadelphia, PA

www.celldextherapeutics.com

Avid Radiopharmaceuticals, Inc.  Novel imaging agent to detect amyloid plaque in patients with Alzheimer's disease. 

Avid Radiopharmaceuticals, Inc.
(Acquired by Eli Lilly and Company)      

www.lilly.com

Gelifex, Inc.  Novel spine implants for degenerative disc disease.

Gelifex, Inc.
(Acquired by Synthes, Inc.)         Philadelphia, PA                                                 

www.synthes.com

LumenVu, Inc.  Light-embedded catheters to direct accurate placement in the body.  The LumenVuTM Catheter Guidance System, received FDA clearance in 2010.

Lumen Vu, Inc. 
(Acquired by SonoSite, Inc.)    

www.sonosite.com

Protez Pharmaceuticals, Inc.  Novel antibiotic candidate (PZ-601) focused on drug resistance in difficult to treat infections. 

Protez Pharmaceuticals, Inc.
(Acquired by Novartis) 
                                            

www.novartis.com

SansRosa Pharmaceutical Development, Inc. Topical agents to treat rosacea and other skin conditions.

SansRosa Pharmaceutical Development, Inc. (Acquired by Collagenex, Inc.)

www.collagenex.com

Active Portfolio Companies

Ceptaris Therapeutics, Inc.  Development of VALCHLOR™, a topically delivered cytotoxic agent to treat cutaneous T-cell lymphoma (CTCL).  

Ceptaris Therapeutics, Inc
Malvern, PA 

www.ceptaris.com

Eagle Vision Pharmaceutical Corporation  Molecular imaging agent uses manganese to enhance functional imaging with MRI in cardiology and oncology applications. 

Eagle Vision Pharmaceutical Corp.
Exton, PA

www.eaglevpc.com

Formae, Inc.  Total joint resurfacing technology based on a proprietary synthetic cartilage.  BioAdvance exited through a refinancing in 2011.

Formae, Inc.
Paoli, PA     

kmansmann@msn.com

Galleon Pharmaceuticals, Inc.  Innovative breathing control medicines for acute and chronic neurorespiratory  conditions, including opiate-induced respiratory depression and sleep apnea.

Galleon Pharmaceuticals, LLC
Horsham, PA

www.galleonpharma.com

Immunome, Inc.  Proprietary native Human Monoclonal Antibody (N-huMAb) platform which enables the discovery of N-huMAbs engineered by the human immune system that are not accessible by other antibody cloning methods.

Immunome, Inc.                                                            Wynnewood, PA    

www.immunomeinc.com 

InfraScan, Inc.  The Infrascanner™ handheld imaging device uses near infrared light to screen for intracranial bleeding in patients with head trauma.  The product has received a CE mark in 2008 and 510(k) clearance in December 2011. 

InfraScan, Inc.
Philadelphia, PA

www.infrascanner.com

Jenrin Discovery, Inc.  Developing peripherally restricted CB1 antagonist compounds to treat metabolic diseases.  

Jenrin Discovery, Inc.        

Leversense, LLC  Next generation diagnostic sensor platform to detect RNA, DNA and proteins sample amounts in femtogram/ml range in unpurified liquid samples without the need for incubation, amplification or other special preparation. 

 

 

Leversense, LLC
Newtown Square, PA 

www.leversense.com

 

Marillion Pharmaceuticals, Inc.  Developing clinical-stage compounds in oncology and oncology supportive care, including Lu-AMBA, a targeted radiotherapeutic for treatment of hormone-resistant prostate cancer ,and Pilobuc™, a proprietary buccal formulation of pilocarpine for the treatment of dry mouth.

Marillion Pharmaceuticals, Inc.
Malvern, PA

www.marillionpharma.com

Melior Discovery, Inc.  Unique theraTRACE® indications discovery platform of over 40 multiplexed in vivo models to identify new therapeutic indications for pre-clinical and development-stage pharmaceuticals.  Lead program MLR-1023 being developed to treat diabetes (IND cleared).

Melior Discovery, Inc.
Exton, PA

www.meliordiscovery.com

Midway Pharmaceuticals, Inc Non-absorbable, oral high molecular weight polyethylene glycol functions as a gut barrier protectant by targeting epithelial cell lipid rafts, inhibiting the pathogenic effects of gut bacteria without exerting antibiotic effects.

Midway Pharmaceuticals, Inc.
Spring House, PA    

www.midwaypharma.com 

Niiki Pharma, Inc.  Niiki Pharma is a development focused oncology company specializing in first-in-class cancer treatments directed at novel cellular targets and related companion diagnostics. Niiki Pharma's lead product, NKP-1339 is a first-in-class small molecule that targets the GRP78 pathway. GRP78 is a master regulator of stress and plays a key role in tumor cell survival and resistance. NKP-1339 is close to completing its Phase I trial, with several patients exhibiting long term anti-tumor activity (stable disease or tumor regression). Niiki Pharma's second product, NKP-2235 is a first-in-class oral small molecule which targets the endoplasmic reticulum. Endoplasmic reticulum is the cell machinery that repairs protein misfolding. NKP-2235 obtained its FDA IND approval in 2011. A Phase I clinical trial of NKP-2335 will begin shortly.

Niiki Pharma Inc.
Philadelphia PA and Hoboken, NJ

www.niikipharma.com

Novira Therapeutics, Inc.  First-in-class antiviral therapeutics based on a novel mechanism of action that targets viral capsid assembly, with initial programs in HIV and HBV. 

Novira Therapeutics, Inc. 
Philadelphia, PA 

www.noviratherapeutics.com

 

NuPathe Inc.  Zelrix™ transdermal patch to treat migraine headaches. IPO (NASDAQ: PATH) completed in August 2010.

NuPathe Inc.
Conshohocken, PA

www.nupathe.com

Optofluidics, Inc.  Developing microfluidic and biophotonic devices for single molecule manipulation for analysis and point of care medical diagnostics. 

Optofluidics, Inc.

www.optofluidicscorp.com

 

Phoenix S&T, Inc.  Proprietary, high-performance, nanospray systems and consumables for mass spectrometry applications which reduce the sample volume necessary for use in the analyses of proteins, sera and drug-candidate molecules.

Phoenix S&T
Chester, PA

www.phoenix-st.com

QR Pharma Inc.  Developing two novel clinical-stage compounds for the treatment of Alzheimer's disease and Parkinson's disease; Posiphen, which inhibits amyloid precursor protein, and bisnorcymserine, which inhibits butyl cholinesterase.

QR Pharma Inc
Malvern, PA                                                    

www.QRPharma.com

Relmada Therapeutics, Inc. is developing new products for the treatment of acute and chronic pain. 

Relmada Therapeutics, Inc.
Bluebell, PA

www.relmada.com

Treventis Corporation  Discovering disease-modifying small molecule compounds that prevent the protein misfolding and aggregation seen in Alzheimer's disease and other neurological conditions.

Treventis Corporation
Bryn Mawr, PA 

www.treventis.com