Company Profile

Rafael Pharmaceuticals Inc (AKA: Cornerstone Pharmaceuticals Inc)
Profile last edited on: 10/4/19      CAGE: 46V25      UEI:

Business Identifier: Novel anti-cancer drug delivery technology and unique anti-cancer agents for cancer treatment
Year Founded
2000
First Award
2002
Latest Award
2003
Program Status
Inactive
Popularity Index
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Location Information

25 Health Sciences Drive
Stony Brook, NY 11790
   (631) 444-6868
   info@cornerstonepharma.com
   www.cornerstonepharma.com
Location: Multiple
Congr. District: 01
County: Suffolk

Public Profile

In June 2017, the management of Cornerstone Pharmaceuticals, Inc., announced change of the corporate name to Rafael Pharmaceuticals, Inc. Signifying a new era in the company’s evolution during which the company aims to usher in a new paradigm in anticancer treatment with its breakthrough metabolic cancer drugs, the new name is derived from Raphael, the biblical angel of healing. As Cornerstone Pharmaceuticals, Inc. the firm has been organized around discovery and development of cancer therapies. The company’s products include EmPAC, an emulsiphan-based composition that delivers anti-mitotic agents selectively on cancer cells; altered energy metabolism directed drugs, which convert glucose to energy that is used to kill human tumor cells; and CPI-613, drug from Altered Energy Metabolism Directed (AEMD) platform, which targets enzymes that are involved in cancer cell energy metabolism and are located in the mitochondria of cancer cells. CPI-613 is currently in Phase I/II clinical trials. Based in Cranbury, NJ., the firm has additional offices and laboratory facilities in Stony Brook, NY; Cornerstone Pharmaceuticals, Inc. operates as a subsidiary of Raf

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
10-14
Revenue Range
1M-1.5M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
1-4

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2003 1 NIH $100,000
Project Title: Brain tumor therapy with lipid nanoparticles
2002 1 NSF $99,875
Project Title: Formulation of Non-Phospholipid Nanoparticles for Delivery of Drugs with Poor Aqueous Solubility

Key People / Management

  Steve Carchedi -- Chief Executive Officer

  David Burke -- Investor Relations

  King Lee -- Vice President, Regulatory Affairs

  Richard Lutes -- Acting Chief Medical Officer

  Hoang-Lan T Nguyen

  David A Polinsky

  H Gilbert Polinsky -- Chairman of the Board

  Robert Rodriguez -- Chief Operating Officer, Treasurer

  Robert GL Shorr -- Chief Science Officer

  Clifford H Straub Jr -- Vice President and Chief Financial Officer