BOULDER, Colo., Oct. 29 /PRNewswire/ - N30 Pharma (N30), a biopharmaceutical company focused on the discovery, development, and commercialization of respiratory drugs that target endogenous s-nitrosothiols, today announced a licensing agreement with NitroMed Inc. covering the respiratory use of a s-nitrosothiol drug candidate. Financial terms of the deal were not disclosed.
“I am extremely pleased to announce this agreement. NitroMed is a leader in exploring the medical utility of Nitric Oxide and s-nitrosothiol therapies, and has foundational intellectual property in the area,” commented Charles Scoggin, M.D., Chairman of N30 Pharma.
N30 Pharma is developing s-nitrosothiol therapies for critical unmet needs in important respiratory diseases such as cystic fibrosis (CF), asthma, and chronic obstructive pulmonary disease (COPD). S-nitrosothiols are endogenous molecules that store and transduce nitric oxide, and are critical modulators of airway and vascular smooth muscle tone, as well as having other effects. N30 is a privately held company headquartered in Boulder, Colorado.
CONTACT: Doug Looker, Operations Manager of N30 Pharma, +1-720-565-4078
Web site: http://www.n30pharma.com//
