The Product ConjuGate is developing a novel Antifungal therapy for systemic treatment, which will be used for the treatment of acute invasive fungal infections in patients with compromised immune system. The product is based on the company's unique and patent protected technology which enables to improve the properties of existing drugs. The antifungal treatment will be significantly less toxic and more cost-effective than existing treatments.
Background Fungal infections are becoming a severe public-health hazard, particularly due to the increasing incidence of life-threatening fungal infections in immunocompromised hosts such as cancer patients, patients after transplantation and patients with AIDS. The current treatments for acute systemic fungal infections are inadequate, due to limited availability of effective parenteral drug formulations and the appearance of new opportunistic fungal infections resistant to the marketed drugs.
The Need A treatment against systemic fungal infections which is highly effective against a wide range of fungi, non toxic and cost effective.
The Market Approximately 1.2 million patients annually suffer from invasive fungal infection, in the western world. The market value of systemic antifungal drugs is expected to reach 5.7 billion US dollars in 2014.
Intellectual Property The company's technology is protected by 2 granted patents and another patent application.
The Company ConjuGate was established in November 2005. The company's know-how is based on years of research which was conducted by Prof. Abraham Domb and Prof. Itzhak Polacheck in the Hebrew University in Jerusalem and the Hadassah Medical Center. The company is being led by a team of renowned scientists and experienced executives. |