Company Profile

Aderis Pharmaceuticals Inc (AKA: Discovery Therapeutics Inc)
Profile last edited on: 5/29/21      CAGE:       UEI:

Business Identifier: Small molecule drugs to treat central nervous system, cardiovascular and renal disorders
Year Founded
1994
First Award
1995
Latest Award
1996
Program Status
Inactive (Acquired)
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Location Information

85 Main Street
Hopkinton, MA 01748
   (508) 497-2300
   info@aderis.com
   www.aderis.com
Location: Multiple
Congr. District: 04
County: Middlesex

Public Profile

In July 2005, Aderis Pharmaceuticals, Inc. was acquired by Schwarz Pharma Ltd. Formerly known as Discovery Therapeutics, Aderis Pharmaceuticals is a clinical-stage biopharmaceutical company focused on discovery, development, and commercialization of receptor subtype-selective compounds for the treatment of cardio-renal diseases. The firm's product pipeline inluded adenosine agonists and antagonists for the diagnosis and treatment of cardiovascular disease and FLAP antagonists for the treatment of chronic kidney disease. Primarily focused on CNS, cardiovascular and renal therapeutics, the firmorganized around developing small molecule drug candidates that act selectively to either inhibit or increase the activity of certain proteins, such as receptors and enzymes that regulate important physiologic functions. That the selectivity of drug candidates offered the potential for safe and effective therapies with minimal side effects with small molecule drug candidates offering dosing flexibility for optimal patient convenience.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
20-24
Revenue Range
2M-2.5M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
15-19

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
1996 1 NIH $100,000
Project Title: Adenosine A 2a--Selective Agonists For Inflammation
1996 1 NIH $100,000
Project Title: Adenosine Antagonist For Cardiopulmonary Resuscitation
1995 1 NIH $100,000
Project Title: A2a--Adenosine Agonist for Cardiovascular Imaging

Key People / Management

  Peter G Savas -- former President

  Sharon Correia -- Director, Corporate Communications

  Noel J Cusack -- former Chief Scientific Oficer and Co-Founder

  Pauline Martin

  Donald A McAfee -- Chief Technical Officer

  Gevork Minaskanian -- VP, Chemistry

  James V Peck -- VP, Research Operations

  Kenneth L Rice -- VP, CFO & CCO

  William Wheeler -- VP & CMO

Company News

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