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DARA BioSciences, Inc. (DARA)

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http://www.darabiosciences.com

http://finance.yahoo.com/q/ks?s=DARA+Key+Statistics

DARA BioSciences, Inc., a development-stage pharmaceutical company, acquires promising therapeutic small molecules and develops them through proof of concept in humans for subsequent sale or out-licensing to larger pharmaceutical companies. The company has two drug candidates in development with cleared investigational new drug applications from the U.S. Food and Drug Administration. Its drug development programs include KRN5500, which completed a Phase IIa clinical trial for the treatment of neuropathic pain in cancer patients; and DB959 for the treatment of metabolic diseases, including type 2 diabetes. The company is headquartered in Raleigh, North Carolina.

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Soltamox®

Soltamox® (tamoxifen citrate) is the only oral liquid formulation of tamoxifen available in the US and is an important option for breast cancer patients who have difficulty adhering to tablet therapy.

Tamoxifen is widely used to treat estrogen-receptor positive breast cancer and patients at high risk for the disease. In the US, over 230,000 new cases of breast cancer are diagnosed each year, and over 1.8 million prescriptions are written for tamoxifen.

While tamoxifen is an effective therapy, it must be taken for up to five years in order for the full benefits to be realized. A number of well designed studies indicate long term adherence to treatment is less than optimal, with up to 50% of patients discontinuing treatment earlier than they should. To address the need for improved adherence, Soltamox was developed to offer breast cancer patients a new option for daily compliance. Patients who may benefit from Soltamox include those who prefer a liquid versus a pill, patients who have swallowing difficulties and patients who may benefit from a change in formulation. For patients with intolerance to gluten or lactose, Soltamox is both gluten and lactose free.

Soltamox is available as a sugar-free oral solution (equivalent to 10mg/5mL). Each bottle contains 150 mL.

DARA has an exclusive license to market Soltamox® in the U.S. from Rosemont Pharmaceuticals, LTD, a UK-based manufacturer and marketer of oral liquid medicines. Soltamox is patent-protected through 2018

For additional information on Soltamox visit: http://soltamox.com/
For important safety information and warnings please click here.


Gelclair®

Gelclair® is a bioadherent oral rinse gel indicated for the management and relief of pain associated with oral mucositis, a condition characterized by erythema (redness, swelling) and painful oral lesions. Oral mucositis frequently occurs in cancer patients, a result of chemotherapy or radiation therapy.  It is estimated over 400,000 cases of therapy-induced oral mucositis occur annually, and is seen most often in patients receiving radiation therapy for head and neck cancer, and patients receiving high-dose chemotherapy conditioning prior to hematopoietic stem cell transplantation (HSCT). Left untreated, oral mucositis can lead to intense pain, impact patients’ ability to swallow food and liquids, cause weight loss, delay cancer treatment and increase treatment costs. 

How Gelclair Works

Gelclair is a unique oral gel whose key ingredients are polyvinlypyrrolidone (PVP) and sodium hyaluronate (Hyaluronic Acid). Gelclair is easily applied, via an oral rinse, and provides rapid and effective relief from pain, by creating a protective coating over the oral mucosa. This coating, or barrier, alleviates irritation of exposed nerves in the ulcer areas, as well as moisturizing the tissue. Patients experience relief from pain and are also able to eat and drink more easily.

   

Gelclair is the most clinically studied oral gel in the US, with studies supporting:

  • Rapid and effective relief of pain
  • Improved ability of patients to swallow food and liquids
  • Reduced need for analgesics, including opioids
  • Well tolerated by patients
  • Contains no alcohol

For additional information on Gelclair visit: http://gelclair.com/


Bionect®

DARA obtained a license from Innocutis Holdings for the exclusive rights to market Bionect® (hyaluronic acid sodium salt, 0.2%) in both radiation and oncology. Bionect treats burns and other skin changes (radiation dermatitis) associated with radiation treatment. Bionect is a patent-protected low-molecular-weight hyaluronic acid (LMW-HA) cream or gel which penetrates to the dermal layer. In a randomized double-blind placebo-controlled study of 134 radiation patients, the low molecular weight hyaluronic acid (LMW-HA) formulation Bionect cream was shown to significantly reduce the incidence of high-grade skin reactions, delay their onset & reduce their severity. (Ligouri V. et al, Radioth Oncol. 1997; 2:155-161)

For additional information on Bionect visit: http://bionect.com/
 

KRN5500

KRN5500 is a non-narcotic, non-opioid, intravenously administered new chemical entity (NCE) in development for painful chronic chemotherapy induced peripheral neuropathy (CCIPN). DARA is currently seeking a development and commercialization partner for KRN5500.

KRN5500 has successfully completed a Phase 2a proof of concept study in patients with end-stage cancer, meeting its primary endpoint of pain reduction relative to placebo (p = 0.03). Safety results from the study included clinically important gastrointestinal side effects, but no other major safety concerns were found at doses that were much lower than those studied in earlier Phase 1 oncology trials completed under a National Cancer Institute (NCI) investigational new drug (IND) application for treatment of solid tumors. 

In 2011, the U.S. Food and Drug Administration (FDA) designated KRN5500 a Fast Track Drug Development Program.  The Fast Track initiative is designed to facilitate development and expedite review of new drugs that demonstrate potential for addressing unmet medical need in serious or life threatening conditions. The purpose of the FDA program is to provide important drugs to the patient earlier. Under a separate FDA initiative, DARA has submitted a request for orphan drug designation for treatment of patients with painful CCIPN. Orphan designation provides extended market exclusivity, tax benefits, and waiver of PDUFA fees. 

In addition to DARA’s primary development program for painful CCIPN, a sub-category of neuropathic pain that is particularly devastating to patients that have been treated with powerful and life-saving chemotherapeutic agents, a Clinical Trial Agreement with NCI provides an opportunity to collaborate on secondary exploratory studies that would focus on additional aspects of painful and chronic CIPN.


 

Oncology Supportive Care Focus

DARA is a specialty pharmaceutical company focused on the development and commercialization of oncology treatment and supportive care products. DARA holds the exclusive U.S. marketing rights to Soltamox®, a novel oral liquid formulation of tamoxifen citrate, which is widely used in the treatment and prevention of breast cancer. Soltamox is the only FDA-approved oral liquid version of tamoxifen. DARA has exclusive U.S. rights to Soltamox through a license from Rosemont Pharmaceuticals, Ltd.

In September 2012, DARA entered into an exclusive agreement with the Helsinn Group of Switzerland for U.S. commercial rights to Gelclair®, an FDA-cleared product for the treatment of oral mucositis.

Additionally, in June 2012, DARA launched its first product, Bionect®, a topical treatment for skin irritation and burns associated with radiation therapy. DARA has rights to market Bionect in the US oncology/radiology markets under license from Innocutis.

DARA is currently developing a cancer-support therapeutic compound, KRN5500, for the treatment of painful chronic chemotherapy induced peripheral neuropathy (CCIPN) in patients with cancer. This product is an excellent fit with DARA’s strategic oncology focus.  KRN5500 has successfully completed a Phase 2a clinical trial, and has been designated a Fast Track Drug by the United States Food and Drug Administration. DARA is working with the National Cancer Institute (NCI) to design an additional clinical trial under joint DARA-NCI auspices while continuing further Phase 2 development. DARA is currently seeking a development and commercialization partner for KRN5500.

Intellectual Property

We have an intellectual property estate generated by license agreements as well as internal development.  The patents granted related to each of our commercial products and development-stage programs is shown in the following table. 

Product / Program

Intellectual Property

Soltamox® US Patent 6,127,425 licensed from Rosemont Pharmaceuticals, Inc.
Gelclair® US Patent 6,828,308 licensed from Helsinn.
Bionect® US Patent 5,925,626 licensed from Innocutis.
KRN5500 Program US Patents 5,905,069, 7,196,071, 7,375,094, 7,632,82 and related foreign patents licensed from Massachusetts General Hospital.

Additional provisional and non-provisional patent applications pending (internal development).
DB959 Program US Patents 6,828,335, 7,476,742, 7,714,004, 7,906,653, 7,592,361, 7,964,622 and related foreign patents licensed from Bayer Pharmaceuticals.

Additional non-provisional patent applications pending (licensed subject matter and internal development).

Commercial Partnerships

DARA has comprehensive commercial coverage across the national oncology market through a series of agreements with a number of specialty pharmacy providers, leading group purchasing organizations (GPOs), retail partners, reimbursement experts, and an industry-leading third-party logistics provider. As part of an integrated national network with annual sales of over $1 billion in cancer therapeutics, DARA has significant commercial scale and capabilities. Its distribution network consists of more than 45,000 retail pharmacies, mail order pharmacies, and long-term care facilities. This provides DARA with established reimbursement and logistics expertise, as well as partnering opportunities with more than 300 sales and marketing personnel uniquely focused on oncology and oncology support products. This comprehensive network of partners is rare if not unique among companies in the oncology supportive care area and provides DARA a strong foundation for product introductions into the oncology market.


Business Development

In-licensing Activity

Our business development efforts are focused on actively identifying in-licensing opportunities to expand our oncology supportive care focus product portfolio. Areas of interest include anemia, cachexia, emesis, nutrition and pain.

Products for Out-license

We are actively seeking interested partners for the development and commercialization of KRN5500. KRN5500 is a non-narcotic, non-opioid, intravenously administered new chemical entity (NCE) in development for painful chronic chemotherapy induced peripheral neuropathy (CCIPN).  KRN5500 has successfully completed a Phase 2a proof of concept study in patients with end-stage cancer, meeting its primary endpoint of pain reduction relative to placebo (p = 0.03).

DB959 is a PPAR-delta/gamma agonist which has been in clinical development for Type 2 diabetes.  It was tested in Phase 1 clinical studies that demonstrated a good safety profile and provided strong evidence of pharmacologic activity in healthy volunteers.  This program is currently available for out licensing.

If you are interested in exploring business development opportunities with DARA, please contact:

David Benharris
Vice President of Sales, Marketing & Business Development
919-861-0158
dbenharris@darabio.com


Sales Strategy

DARA has implemented a targeted and focused commercial approach to effectively reach oncologists in the United States.  The primary strategy is to deploy a team of experienced Regional Business Directors (“RBD’s”) that have significant experience in all commercial aspects of the niche pharmaceutical industry, targeting the high prescribing oncologists.  The RBD’s team affords DARA coverage across the US. In addition, strategic partnerships with specialty pharmacy groups will allow significantly increased reach and frequency to key customers, both physicians and patients.


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#6804   yup, that mitch cat sure knows whats up, webbbster 02/22/16 11:38:44 AM
#6803   GoodPlenty, Yeah the surfdude is here, and been surfdude 12/03/15 06:41:47 AM
#6802   Any thoughts in DARA land?? goodplenty100 12/02/15 10:41:41 AM
#6801   http://seekingalpha.com/article/3721516-dara-biosciences-an-attractive-short-ter goodplenty100 11/30/15 07:41:53 PM
#6800   surfdude, still hanging in there are you? I goodplenty100 11/30/15 07:17:48 PM
#6799   DARA Biosciences Arbitrage Opportunity gjervis 11/17/15 09:25:54 AM
#6798   Well I guess that the Mitch was right.....the surfdude 10/27/15 07:35:02 AM
#6797   Rumor has it that the cat (Mitch) over surfdude 10/14/15 10:09:36 AM
#6796   Well at least you're not calling me short. Rkmatters 09/21/15 12:25:01 PM
#6795   i'm not saying you are wrong.. i'm not mapman1010 09/21/15 12:19:36 PM
#6794   not sure of any buzz ....however the chart Roy London 09/20/15 07:11:18 AM
#6793   Long time DARA shareholder here. Why the Goldstrike 09/19/15 11:38:47 PM
#6792   DARA sweet set up ...no CHATTA Roy London 09/19/15 11:48:17 AM
#6791   Will look at it this weekend. I'm Rkmatters 08/21/15 11:27:58 PM
#6790   nope your buy was good given the near mapman1010 08/21/15 10:32:00 PM
#6789   Best of luck to you Rambo! dusty7 08/17/15 03:29:43 PM
#6788   That's terrible news hopes and wishes for recovery surfdude 08/17/15 01:40:54 PM
#6787   Hope you get better rambo akamaii 08/12/15 06:01:06 PM
#6786   For all those who followed ,Rambo trader. I akamaii 08/12/15 05:52:30 PM
#6785   Is this thing DEAD???? webbbster 07/21/15 10:18:21 PM
#6784   i think DEAD line... is the operative word, lol webbbster 07/08/15 04:47:09 PM
#6783   when is the deadline to vote on the merger? john44232 07/02/15 02:25:03 PM
#6782   waiting three years is called investing for a surfdude 06/29/15 07:36:31 AM
#6781   Like I said in the end we will Finance_Minister 06/24/15 02:17:55 PM
#6780   Me also 24 - 48 "money in the bank".... surfdude 06/16/15 10:30:49 AM
#6779   Long term for me is months + ash111 06/16/15 09:43:24 AM
#6778   2018 sounds about right according to the payout surfdude 06/16/15 07:57:09 AM
#6777   It depends how long, "long term" is because Finance_Minister 06/16/15 02:59:36 AM
#6776   I bought back in. :) Rkmatters 06/15/15 01:55:35 PM
#6775   The company value is higher than the value ash111 06/15/15 12:42:39 PM
#6774   She'll surf higher and sooner....The market knows more, surfdude 06/11/15 07:06:34 AM
#6773   All the rocks fall in the right place BooDog 06/11/15 05:52:42 AM
#6772   Bagholder? My average is about 93 cents Black sunshine 06/07/15 08:26:23 AM
#6771   To the contrary, DARA insiders only holds about vnmonk 06/06/15 06:48:47 PM
#6770   ash111, Great call on this one! Thanks for tip! Eagle1 06/06/15 01:06:38 PM
#6769   I see these often. In this case BooDog 06/06/15 10:59:31 AM
#6767   We gonna fill the gap? DR. EVIL 06/05/15 12:46:21 PM
#6765   Thoughts on the "investigation"? DR. EVIL 06/05/15 12:18:13 PM
#6764   Supposed to get a fraction of MTPH shares DR. EVIL 06/05/15 11:33:47 AM
#6763   Merger I believe. DR. EVIL 06/05/15 11:26:24 AM
#6762   So what's the deal here?? I'm looking for T695 06/05/15 10:50:22 AM
#6761   ATM at work here guys Good luck Bob Stocks 06/04/15 10:46:12 PM
#6760   hits above ask ash111 06/04/15 02:34:53 PM
#6759   37k buy,nice ash111 06/04/15 02:09:41 PM
#6758   did you check this Presentation?.the buyer got a ash111 06/04/15 02:07:16 PM
#6757   You know me and my typos. I never Rkmatters 06/04/15 12:58:00 PM
#6756   Thanks i will check it out but that mapman1010 06/04/15 12:56:25 PM
#6755   if you got in the misspelled ticker in mapman1010 06/04/15 12:39:54 PM
#6754   Agree. Give it the weekend to build some BooDog 06/04/15 12:27:27 PM
#6753   I bought in on a tip on this Rkmatters 06/04/15 12:17:45 PM
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