Nascent Biotech Announces Successful Pritumumab In-Vitro Trial Data in Collaborative Covid-19 Treatment Study with Syracuse University
*SAN DIEGO, CA / ACCESSWIRE / February 17, 2021 / *Nascent Biotech, Inc. (OTCQB:NBIO) ("Nascent Biotech" or the "Company"), a clinical-stage biotech company pioneering the development of monoclonal antibodies targeting treatment of various cancers and viral infections, is excited to announce the publication of strong In-Vitro study results from its research collaboration with Syracuse University.
The data show that Pritumumab ("PTB") successfully blocked 80% of viral entry into cells. Based on these results, PTB will be advanced to laboratory-based animal studies.
Syracuse University researchers, Alison Patteson, assistant professor of physics, and Jennifer Schwarz, associate professor of physics, recently published the study outcomes featuring the viability of certain antibodies to block SARS2 from entering cells by way of cell-surface vimentin, a pathway for the virus to enter the body. The research publication maybe viewed at https://thecollege.syr.edu/news-all/news-from-2021/keeping-sars2-out-of-the-cell/ .
Nascent CEO, Sean Carrick, stated, "The publication by Syracuse University validates the potential for PTB to be used by people experiencing COVID-19 symptoms. The data arising from this research suggest PTB blocks uptake of COVID-19, reducing the spread of the infection in the body. These results may further suggest the efficacy of PTB administered in therapeutic combination with other drugs targeting different pathways."
An article published in The Journal of Biological Medicine (Yu et al. Journal of Biomedical Science (2016) 23:14 DOI 10.1186/s12929-016-0234-7) specifically mentioned cell surface vimentin as a potential target in the treatment of conditions related to the Coronavirus. This article was instrumental in driving Nascent's investigation into the utility of its anti-vimentin antibodies in battling Viral Infections.
Nascent is currently developing methods to treat Viral Infections along with a traditional vaccine platform. In addition, Nascent recently opened its Phase I Clinical Trial for Brain Cancer at Hoag Family Cancer Institute and Pickup Family Neurosciences Institute Presbyterian, and the Company looks forward to providing additional updates on that process in the near future.
*About Nascent Biotech*
Nascent Biotech, Inc. (OTCQB: NBIO) is a clinical-stage biotech company pioneering the development of monoclonal antibodies to be used in the treatment of various cancers and viral infections helping millions of people worldwide. Our products are not commercially available. Our lead candidate, Pritumumab (PTB), is a monoclonal Antibody (Mab) that is in Phase I clinical trial for the treatment of Brain Cancer. Development for PTB as a treatment for COVID-19 has been initiated. For further information please visit our website www.nascentbiotech.com.
Forward Looking Statement Safe Harbor:
Statements in this press release about our future expectations constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and our actual results could differ materially from expected results. These risks and uncertainties include, without limitation, Nascent Biotech Inc's ability to target the medical professionals; Nascent Biotech Inc's ability to raise capital; as well as other risks. Additional information about these and other factors may be described in the Nascent Biotech Inc's Form 10, filed on May 2, 2015, and future subsequent filings with the Securities and Exchange Commission. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.
President | CEO
Nascent Biotech, Inc.
*SOURCE: *Nascent Biotech Inc.
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