Equities

Paradigm Biopharmaceuticals Ltd

Paradigm Biopharmaceuticals Ltd

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  • Price (USD)0.1405
  • Today's Change0.00 / 0.00%
  • Shares traded4.00
  • 1 Year change-50.70%
  • Beta--
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About the company

Paradigm Biopharmaceuticals Limited is a late-stage drug development company. The Company is engaged in discovering, developing, and delivering pharmaceutical therapies. It is focused on the development of injectable pentosan polysulfate sodium (iPPS/PPS) for the treatment of osteoarthritis (OA) and mucopolysaccharidosis (MPS). Pentosan polysulfate sodium is a semi-synthetic drug manufactured from the wood chips of European beech trees. Extracted glucurono-xylans are sulfated to produce a negatively charged product that mimics glycosaminoglycans (GAGs). It develops PPS under the brand name Zilosul. PPS also inhibits the synthesis of the metalloproteinase, MMP-3 (Troeberg) involved in degrading cartilage. PPS also include treatment of joint function, mobility, and pain in patients with MPS; treating alphavirus-induced arthralgia (such as Ross River virus and Chikungunya); chronic heart failure (HF) and acute respiratory distress syndrome (ARDS).

  • Revenue in AUD (TTM)6.52m
  • Net income in AUD-58.65m
  • Incorporated2014
  • Employees--
  • Location
    Paradigm Biopharmaceuticals LtdLevel 15, 500 Collins StMELBOURNE 3000AustraliaAUS
  • Phone+61 39629-5566
  • Fax+61 39629-5466
  • Websitehttps://paradigmbiopharma.com/
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