In 2003, Dr. Diwan won our first patent in the nanomedicines field. In 2004, TheraCour Pharma, Inc. was formed with outside investors to commercialize the patented as well as several additional patentable and patent-pending nanomedicine technologies developed at AllExcel, Inc.
In 2005, TheraCour Pharma further licensed its technologies to NanoViricides, Inc„ for the development of a number of antiviral drugs. NanoViricides, Inc. became a public company through a reverse shell merger in 2005, became a SEC reporting company in 2008, and has become a NYSE American listed company in September 2013 (symbol: NNVC; website www.nanoviricides.com). NanoViricides has several drug candidates based on our technologies in its pipeline. A drug candidate to treat Shingles is currently advancing towards clinical trials, with drug candidates against HSV1 "cold sores" treatment and HSV2 "genital ulcers treatment following thereafter.
Thus the technologies developed by AllExcel, Inc. are having a significant economic impact already.
We anticipate that TheraCour Pharma will develop drugs against several cancers and many other non-viral diseases as funding becomes available to it.
AllExcel, Inc. continues to service TheraCour Pharma for the production and manufacture of the nanomedicine materials. In addition, AllExcel, Inc. is also performing independent research in a number of areas.
Pioneering Regenerative Cell Therapy Technologies Ready for Spin-off
Additionally, AllExcel scientists have developed a factory manufacturable cell line to treat Parkinson's disease (PD). PD is caused by the death of substantia nigra cells in the brain. Our approach is to replace these cells with HLA-matched cells, like organ transplant, but factory- manufactured (unlike organ transplant) so that the patient can carry on a normal life. While several researchers are working on cell replacement approaches, their approaches are limited because of use of stem cells from certain sources and the need for retroviral vector engineering of those cells.
If successful, such implantation would cure PD. Currently there is no cure for PD, and existing therapies have significant side-effects and also become progressively ineffective. AllExcel is currently seeking investments to spin-off this technology Into a separate company, as we have done in the past with TheraCour Pharma, Inc., and NanoViricides, Inc.
We have been allowed field-defining patents in the area of polyrneric micelles for nanomedicine applications all over the world. We currently have thee International (PCT) patent application families in various stages of prosecution and issuance In various parts of the world. To date, we have 3 patents issued by the US PTO, one pending, and over 60 patents issued internationally, with many more to come
These patents are based on the fundamental aspects of the TheraCour technologies. They cover compositions of matter, processes. of manufacture, as well as uses of the materials, with broad claims, attesting to the field-defining nature of our technologies.
We have developed several additional technologies, such as our regenerative cell technologies, that will turn into additional global patent families over the near future