Paradigm Biopharmaceuticals Licenses Oral Pet OA Therapy to AVet for $1M Deal
Paradigm Biopharmaceuticals is an innovative late-stage drug development company focused on repurposing therapeutic products for human use, with a primary emphasis on developing treatments for osteoarthritis (OA). Their leading product is pentosan polysulfate sodium (PPS), which represents a potentially groundbreaking approach to managing this debilitating joint condition that affects millions of people worldwide.
Operating primarily in Australia, the company collaborates with world leaders in pharmaceutical product development to advance their clinical research and therapeutic solutions. Paradigm has strategically positioned itself as a drug repurposing specialist, which allows them to potentially bring new treatment options to market more efficiently by identifying novel applications for existing pharmaceutical compounds.
The company is publicly traded on the Australian Securities Exchange (ASX) under the ticker PAR, and has garnered significant attention for its innovative approach to developing medical treatments. By focusing on osteoarthritis and leveraging their expertise in drug development, Paradigm Biopharmaceuticals aims to provide new therapeutic options that can improve patient outcomes and address unmet medical needs in the field of joint health and chronic pain management.
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