Curaxis Pharmaceutical Corp. (fka CURXQ)

[silencedogood2011]

About Patrick Smith.

Mr. Smith who founded Voyager pharm back in the 1990's decided to look at a cure for alzheimers. In 2001 he received financial backing from investors and over the years totaled over 60M dollars.

The drug is called Memryte. DURECT a bio tech firm that helps startup companies, worked with Voyager until 2007 when memryte was seen to be ineffective against Alzheimers. Voyager countered back with the story that it works in women. DURECT did not believe the data and pulled out. In 2007 CURX closed its doors.

In 2005 Mr. Smith tried to go the IPO route but did not get enough backers so decided to forego the IPO route.

in 2010 Mr. Smith bought a shell from Autosearch cars. Since 2010, CURX has lost their space in North carolina, Mrs. GLeason works from home,and the company had to take a small space in massachusetts from Mr. Corcoran. no revenue, no drug, no share value.

On Jun 24th 2011 Mr. Smith and four other board members walked out.