TRDX & Genesis Biopharma Introduce Potential Cure for Diabetic Neuropathy
June 29 2010 - 4:10PM
Marketwired
SciMeDent Health, Corp. f/k/a Trend Exploration, Inc. ("TRDX" or
the "Company") (PINKSHEETS: TRDX) recently executed a Letter of
Intent with Genesis Biopharma, Inc. ("Genesis") to advance
development of a cure to one of the major problems facing people
suffering from diabetes -- NEUROPATHY.
Diabetic neuropathy is one of the most severe side effects of
diabetes and is caused by the deterioration of nerve fibres in the
leg and arm. Neuropathy is manifested by slight numbness or
tingling pain in the toes and fingers initially and then migrating
to the entire foot, legs, hands, and arms. The risk of getting
nerve damage increases with age and the longer an individual has
diabetes.
1. According to the World Health Organization there are approximately 220
million people worldwide who have diabetes
(http://www.who.int/mediacentre/factsheets/fs312/en/). In the U.S.,
according to the 2007 National Diabetes Fact Sheet, a total of 23.6
million had diabetes of which 17.9 million were already diagnosed and
the rest, 24%, were undiagnosed
(http://www.diabetes.org/diabetes-basics/diabetes-statistics/). If you
add the undiagnosed cases to the 220 million reported by the World
Health Organization the total number could exceed 270 million worldwide.
2. Diabetes is the leading known cause of neuropathy in developed
countries. It is estimated that the prevalence of neuropathy in diabetes
patients is approximately 20% (See Epidemiology section in
http://en.wikipedia.org/wiki/Diabetic_neuropathy). That results in more
than 50 million estimated cases worldwide and about 5 million estimated
cases in the U.S. of diabetic neuropathy.
3. Diabetic neuropathy can cause nerve damage in the feet that leads to
decrease or loss of sensation. As a result, a blister or a cut can go
unnoticed. Any infection that might ensue can result in tissue death
(gangrene) and in some cases severe damage can lead to amputation of
toe, foot or even leg. Each year about 80,000 - 84,000 amputations are
performed in the U.S. alone (See Diabetes-Related Amputation Statistics:
http://www.isletsofhope.com/diabetes/complications/amputation_1.html#diabetes).
How many of these amputations could have been avoided had a solution
been made available?
Mr. Leo Stella, CEO of Genesis, stated: "Until now, there is
absolutely no mechanism based treatment that can reverse neuropathy
associated with diabetes. Drugs exist that have a temporary effect
on the pain, but these drugs can not cure the cause. As stated
above, there are more than 50 Million people worldwide and about 5
million in the U.S. who suffer from nerve damage of some kind that
affects their ability to sleep, walk, drive a vehicle, and do just
about any task that requires movement without pain. The goal of
Genesis Biopharma is to develop a drug that will cure this terrible
condition."
Genesis' work includes conducting pre-clinical and clinical
trials to develop novel pharmaceutical therapies for the treatment
of painful diabetic neuropathy.
Recently, Pre-clinical development has been completed for the
treatment of painful diabetic neuropathy [pharmacology, toxicology,
ADME (Absorption, Distribution, Metabolism and Excretion) in two
species (rodent and non-rodent: rat and dog)] and clinical
development (first formulation, part of the stress and stability
studies of the drug substance and drug product). In addition, a CTA
has been successfully obtained from the Therapeutic Product
Directorate (TPD) of Health Canada to initiate Phase I-a clinical
trial.
Dr. Jan Stahl, CEO of TRDX, commented: "Genesis has gotten to a
key stage of development; we look forward to financing and
finalizing our transaction with Genesis and working hard to make
this potential cure a reality."
About Genesis Biopharma, Inc.
Genesis Biopharma, Inc. (www.genesisbiopharma.com) is a Canadian
corporation founded in 2007 to exploit the commercial potential for
the therapeutic use of peptidomimetic (modified amino acid
peptides) compounds. Amino acids are the building blocks of
proteins, which are found in every cell of every living thing on
Earth. Proteins consist of extremely long and complex amino acid
chains. In contrast, a peptide is a short string of amino acids,
joined by chemical bonds (also called "amide bonds").
About SCIMEDENT f/k/a Trend Exploration,
Inc. (PINKSHEETS: TRDX)
SciMeDent is a company focused on being a leading developer and
marketer of products and services for medicine, dentistry and life
sciences. SciMeDent plans to achieve growth initially through
mergers and acquisitions.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are
forward-looking statements. These forward-looking statements
involve a number of risks and uncertainties, including the
sufficiency of existing capital resources, technological or
industry changes and uncertainties related to the development of
the Company's business model. The actual results the Company may
achieve could differ materially from any forward-looking statements
due to such risks and uncertainties.
Contact: SciMeDent Health Corp. f/k/a Trend Exploration, Inc.
dmyers@cadenceconsultingllc.com 1-866-383-1374
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