AmacaThera Updates - August 2024 Our Business Development Lead Darren Rodenhizer, PhD has prepared an update on our clinical and business development achievements so far in 2024, with an eye toward our strategy for 2025. We have also launched a quarterly newsletter that will provide regular updates like this on our progress - you can sign up for the newsletter by visiting our website: www.amacathera.ca
AmacaThera
Biotechnology
Toronto, ON 2,523 followers
Transforming therapeutics to make a difference in patient health
About us
AmacaThera is a Toronto-based biotechnology company focused on developing and commercializing a unique, injectable hydrogel platform technology for a wide range of medical applications. Based on the research of world-renowned biomaterials scientist, Dr. Molly Shoichet, AmacaThera is commercializing combination products at the interface of biomaterials and pharmaceuticals. We have developed a platform technology which addresses the critical problem of sustaining therapeutic delivery of pharmacological agents for multiple disease areas. Currently, we have developed a combination product for post-operative pain, which is our company's lead project.
- Website
-
http://amacathera.ca/
External link for AmacaThera
- Industry
- Biotechnology
- Company size
- 2-10 employees
- Headquarters
- Toronto, ON
- Type
- Privately Held
- Founded
- 2016
- Specialties
- BioTech, hydrogel, biotechnology, and pain relief
Locations
-
Primary
160 College Street
Toronto, ON M5S3E1, CA
Employees at AmacaThera
Updates
-
Congratulations to our Co-Founder and CSO, Molly Shoichet on being named the inaugural Pamela and Paul Austin Chair in Precision and Regenerative Medicine at the University of Toronto! #precisionmedicine #regenerativemedicine #toronto
Such a great honour! I'm so exicted to continue to work hard to deliver on the promises of #precision & #regenerative #medicine Thank you Paul & Pamela Austin! https://lnkd.in/gjJ6-tep PRiME Next-Generation Precision Medicine at the University of Toronto Medicine by Design - University of Toronto University of Toronto
-
Thanks to RBCx for featuring AmacaThera's drug development platform and startup journey in, "Revolutionizing Pain Management: How AmacaThera is Helping to Combat the Opioid Crisis." The article includes interviews with Co-Founders CEO Mike Cooke and Chief Science Officer Molly Shoichet, and covers both the original research behind the company, led by Shoichet's lab at the University of Toronto, and the team’s progress in bringing AMT-143 to market. Here's an excerpt: Every 65 minutes and 22 seconds. That’s how often someone dies from an opioid overdose in Canada. On average, it works out to about 22 people per day. By comparison, at the height of Covid-19, the death toll in 2020 was about 11 per day. All told, opioids—a class of prescription pain-relieving medications that include heroin, fentanyl, morphine, oxycontin, among others—have killed more than 42,000 Canadians since tracking began in 2016. According to the OECD (Organization for Economic Cooperation and Development), Canada holds the dubious distinction of having the second highest rate of opioid–related deaths, just behind the U.S. In the face of such brutal numbers, it’s clear that combatting the opioid epidemic requires an all-hands-on-deck approach, integrating everything from health care providers and emergency services to all levels of government. A pair of scientists-turned-startup-entrepreneurs, however, believe that the private sector, specifically their emerging biotech company, can play a critical part in solving this widespread and devastating issue. Mike Cooke and Molly Shoichet are the co-founders of AmacaThera, a Toronto-based venture offering a novel way to provide pain relief without the use of opioids. Their breakthrough product, which is currently in clinical trials, was spun out of research led by Shoichet from her lab at the University of Toronto, where she’s a professor in the Department of Chemical Engineering and Applied Chemistry. Cooke, who hails from the U.K., worked in the lab studying stem cells while pursuing his PhD. In 2016, the two joined forces (she as chief science officer; he as CEO) with a vision, Cooke says, of “translating their academic research into real-world products” that have the potential to herald a promising avenue for long-term opioid reduction strategies. To read the full article, click the link in the comments. #drugdevelopment #opioids #therapeutics
-
AmacaThera reposted this
Congratulations to our Co-Founder and Chief Science Officer Molly Shoichet and team on launching BioNetHub -- $19M in funding to address the HQP shortage in #biomanufacturing.
Congrats to Molly Shoichet, Gilbert Walker, and Darius Rackus for launching BioHubNet, $19 Million in Funding to Address HQP Shortage in Biomanufacturing
-
Congratulations to our Co-Founder and Chief Science Officer Molly Shoichet and team on launching BioNetHub -- $19M in funding to address the HQP shortage in #biomanufacturing.
Congrats to Molly Shoichet, Gilbert Walker, and Darius Rackus for launching BioHubNet, $19 Million in Funding to Address HQP Shortage in Biomanufacturing
-
AmacaThera doses First In Human Study to Evaluate, AMT-143, for Non-opioid Treatment of Post-operative Pain Read the press release here: https://lnkd.in/e2eaExBX
-
AmacaThera reposted this
Great presentation by Darren at Pharma Partnering Summit, San Diego
-
AmacaThera reposted this
Pharma Partnering Summit would like to express a warm and heartfelt thank you to Darren Rodenhizer, PhD from AmacaThera for his remarkable presentation at the Pharma Partnering US Summit 2024 in San Diego, CA. #lifescience #venturecapital #innovation #biotech #pharma #startups #startup #funding #entrepreneurship #management #opportunities #privateequity #networking #tech #conference #event #investments #businessdevelopment #ceo #investment #fintech #drugdevelopment #drugdiscovery #clinicaltrials #clinicalresearch #collaboration #mergersandacquisitions #alliancemanagement #licensing #lifesciences #partnerships #health
-
AmacaThera reposted this
Happy to announce that I'll be representing AmacaThera at the Pharma Partnering Summit US this week in San Diego. At the conference, I'll be presenting our progress on solving therapeutics delivery challenges in pain management and cancer. AmacaThera is leveraging the unique properties of our AmacaGel hydrogel delivery platform to transform therapeutics to make a difference in patient health. If you're attending the event, be sure to stop by our booth to chat with our team to learn why we're not like other hydrogels and to discuss opportunities to partner with us. #PharmaPartneringSummitUS #AmacaThera #DrugDelivery #Hydrogels #Innovation
-
Thank you to the Accelerating Clinical Trials ACT Canada | Accélérer les Essais Cliniques AEC Canada consortium for selecting AmacaThera as a recipient of the 3rd RFA competition funding. This program is designed to fund partnerships between Canadian-controlled biotechnology companies and ACT/AEC Network clinical trialists to evaluate Canadian biotechnologies with randomized controlled trials. We are excited to use this support to fuel our AMT-143 clinical development milestones in 2024. https://lnkd.in/gbU7-W64
Funded Projects
https://act-aec.ca