Dutch CF biotech ProQR Therapeutics files for a $75 million IPO
If their claims turn out to be true, this could very well lead to a new drug for CF that would be suitable for a large % of CFers. It would also give Vertex some "healthy" competition, which is what we need in this "Race to a cure for CF".
ProQR's aims to relieve patients from their symptoms by repairing the basic defect underlying the disease. CF is caused by mutations on the CFTR gene in the DNA, this mutation is then copied in the RNA leading to a non-functional CFTR protein that causes the severe symptoms in patients. With ProQR's very unique approach the mutation is repaired at the RNA level, leading to normal functional protein, relieving patients from their symptoms.
They are preparing a first clinical trial for its lead candidate, QR-010, an RNA-based therapy for CF. The drug is designed to correct an underlying cause of the disease by repairing defects in the CFTR gene, delivered through a handheld inhaler to improve lung function. ProQR expects to file an IND in the fourth quarter and launch a Phase Ib trial thereafter, targeting CF patients with two copies of the F508del mutation in their CFTR genes.
We will keep you posted on the progress of this exciting new development.
Something to read in the meantime.
If their claims turn out to be true, this could very well lead to a new drug for CF that would be suitable for a large % of CFers. It would also give Vertex some "healthy" competition, which is what we need in this "Race to a cure for CF".
ProQR's aims to relieve patients from their symptoms by repairing the basic defect underlying the disease. CF is caused by mutations on the CFTR gene in the DNA, this mutation is then copied in the RNA leading to a non-functional CFTR protein that causes the severe symptoms in patients. With ProQR's very unique approach the mutation is repaired at the RNA level, leading to normal functional protein, relieving patients from their symptoms.
They are preparing a first clinical trial for its lead candidate, QR-010, an RNA-based therapy for CF. The drug is designed to correct an underlying cause of the disease by repairing defects in the CFTR gene, delivered through a handheld inhaler to improve lung function. ProQR expects to file an IND in the fourth quarter and launch a Phase Ib trial thereafter, targeting CF patients with two copies of the F508del mutation in their CFTR genes.
We will keep you posted on the progress of this exciting new development.
Something to read in the meantime.