Company Profile

NanoCor Therapeutics Inc
Profile last edited on: 7/16/2023      CAGE: 5C1P0      UEI: QRMFMR2M9464

Business Identifier: Viable intracellular genetic protein therapy for treatment of Chronic Heart Failure (CHF)
Year Founded
2005
First Award
2012
Latest Award
2014
Program Status
Inactive
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Location Information

870 Martin Luther King Jr Boulevard
Chapel Hill, NC 27514
   (919) 942-0252
   N/A
   www.nanocorthx.com
Location: Single
Congr. District: 04
County: Orange

Public Profile

NanoCor Therapeutics, Inc. had been a biotechnology company founded to create a viable intracellular genetic protein therapy for the treatment of Chronic Heart Failure (CHF). The company was spun off from Asklêpios BioPharmaceutical, Inc. in November 2005. With a significant financial investment in 2007 from Medronic and iInvolving work undertaken at various academic institutions by several different players, focus was on on the commercial development of a minimal-invasive treatment for CHF. NanoCor’s therapeutic comprised of the delivery of a proprietary gene developed at the Massachusetts General Hospital and the University of Cincinnati. The gene would be delivered with AskBio’s proprietary Biological NanoParticle (BNP™) and the Self-Complementary Vector technologies, which are derived from human adeno-associated virus vectors (rAAV). With the company’s lead therapeutic being Carfostin™, NanoCor’s proprietary BNP™ delivery technology would allow selective and highly efficient delivery of Carfostin™ to the heart muscle cells of patients with progressive CHF and result in long-term and safe therapeutic protein expression in the heart, an absolute prerequisite for successful clinical application of a DNA-based therapeutic. It was jduged that Carfostin™ would not only improve the contractile function of the failing heart muscle, but also achieve additional therapeutic effects by remodeling its structure to counteract the crippling effects of CHF on the heart. NanoCor’s BNP™ technology was judgedunique in that it woud allow targeted, minimal-invasive delivery of the therapeutic to the heart. Minimal-invasive delivery provides many advantages over other competing technologies currently under development. Once in the heart, Carfostin™ would use the heart muscle as a bioreactor to provide sustained protein expression. The firm appears to have discontinued operations some time inthe 2015-2016 time framework.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
5-9
Revenue Range
.5M-1M
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
2014 2 NIH $3,263,946
Project Title: Gene Based Therapy for Congestive Heart Failure

Key People / Management

  Gabor M Rubanyi -- Founder

  Roger Hajjar -- Scientific Founder, Collaborator

  Evangelia Kranias -- Scientific Founder, Collaborator

  Sheila A Mikhail -- Founder

  Leslie Miller -- Chief Medical Officer

  Jude Samulski -- Scientific Founder, Collaborator

  Daniel Sigg