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Soluprin Pharmaceuticals, Inc.
150 Motor Parkway, Suite 401
Hauppauge, NY 11788
phone:631-439-6800
fax:
Symbol
Exchange
Founded 0
Employees 6
Research Sector
Summary Description
Intravenous, sublingual, neutral aspirin formulation
Management
Stan Yakatan, Chairman; Phil Felice, MD, President and CMO; Harry Brittan, PhD, CSO
Ownership
Financials


* numbers in thousands
Recent Results
with 3 years several hundred dollars
 
Keywords
pain cardiovascular disease veterinary applications intravenous sublingual otc women health deep vein thrombosis

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Updated: Feb. 15, 2012

Description
Soluprin Pharmaceuticals Inc (SPI) was founded to provide the medical community with a novel, intravenous, and sublingual aspirin formulation that will overcome the traditional limitations related to the use of aspirin in clinical settings. There are clear unmet clinical needs in the global market for improved efficacy, safety, and tolerability of aspirin, including in situations involving gastrointestinal ulcers and perforation, stomach bleeding, and tinnutis. SPI's novel formulation is completely soluble in water; has a neutral PH, in contrast with existing aspirin formulations, which are highly acetic; is expected to have a significantly enhanced safety profile as it relates to internal bleeding; has a very rapid speed of absorption; and is expected to have a median platelet inhibition time that is much shorter than that of conventional aspirin. The Company believes that its product, SOLUPRIN, will be the first intravenous aspirin formulation the receive FDA approval via the 505(b)(2) approval pathway. SPI has developed a strategy that will focus on commercialization in five major markets: pain, cardiovascular disease, chronic migraine, premenstrual syndrome, and the veterinary markets. This earlier-stage biotechnology company is raising $4-5M to complete animal and human trials.
Products / Services
over the counter aspirin formulation sublingual soluble aspirin formulation intravenous soluble aspirin formulation IV drip soluble aspirin formulation
Market / Customers
market size several billion virtually every analgesic but there are no truly soluble aspirin available today in an intravenous form.
Competitors / Substitutes / Alternatives
in europe dispirin.. asproclear aspegisic non can be sold in the usa due to FDA restrictions
Strategy
to complete clinical trial 505b2 then partner by inidication and geographic markets
Funding
seeking 4-5 million to complete human trials.
Status
ready to start manufactering and begin trials in first quarter