WARRINGTON, Pa., Sept. 27, 2012 /PRNewswire/ -- Discovery Laboratories, Inc. (NASDAQ: DSCO), today announced the initiation of four research projects designed to explore the use of its proprietary KL 4 surfactant technology for the prevention and treatment of acute lung injury (ALI). Discovery Labs believes that KL 4 surfactant may be an effective intervention for people at risk for, or with, ALI. The company is collaborating with leading research institutions in a series of preclinical studies funded through various United States (U.S.) Government-sponsored, biodefense-related initiatives.
Government support and interest in Discovery Labs' ALI program stems from the passing of the Project Bioshield Act of 2004 and the Pandemic & All-Hazards Preparedness Act of 2006 by the U.S. Congress. Both Acts encourage private sector development of medical countermeasures against chemical, biological, radiological, and nuclear terrorism threat agents, and pandemic influenza, and provide a mechanism for federal acquisition of such countermeasures. Excluding these potential threats, approximately 40 percent of the nearly 200,000 ALI cases reported in the United States each year result in death. In addition to high mortality, patients with ALI have considerable morbidity risk and face high healthcare costs. Discovery Labs believes that this population is severely underserved.
The four ALI research projects supported through the National Institutes of Health (NIH), U.S. Department of Health and Human Services (DHHS), are as follows:
- A two-year, $600,000 Small Business Innovation Research (SBIR) phase 1 award to Discovery Labs from NIH's National Institute of Allergy and Infectious Diseases (NIAID) Center for Medical Counter Measures Against Radiation and Nuclear Threats to assess the ability of KL 4 surfactant to mitigate the effects of acute radiation exposure to the lung, including acute pneumonitis and delayed lung injury. Discovery Labs is collaborating with the University of Pennsylvania on this project.
- Collaboration with the University of Rochester Center for Medical Countermeasures against Radiation, an NIH/NIAID-funded Center of Excellence, to evaluate the use of KL 4 surfactant to protect the lung in a radiation-induced, multi-organ dysfunction animal model.
- Collaboration with the CounterACT Efficacy Research Facility (CERF), supported under an Interagency Agreement with the Department of Defense through the NIH Office of the Director and the Countermeasures Against Chemical Threats (CounterACT) program. The utility of KL 4 surfactant for the treatment of chemical-induced ALI will be explored in a chemical-induced ALI model currently being developed by the CERF. The CounterACT program supports basic, translational, and clinical research aimed at the discovery and/or identification of better therapeutic and diagnostic countermeasures against chemical threat agents, and facilitates their movement through the regulatory process.
- Use of NIAID's Animal Models of Infectious Disease program to investigate the use of KL 4 surfactant as a treatment for influenza-induced ALI with NIAID-funded contractors.
NIAID is the lead NIH Institute for infectious diseases research, including research and development of countermeasures against potential agents of bioterrorism in support of the Project Bioshield Act.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts