VU scientists' startup Revalida seeks capital, C-level team
By Milt Capps Updated 8:50 a.m.
Life-sciences startup Revalida LLC, driven by knowledge spawned at Vanderbilt University, is scouting for a CEO and recruiting its first round of capital.The venture relies on a nanotechnology-enabled drug-delivery platform for sustained release of drugs, which was developed in recent years by researchers at Vanderbilt. Harth said Revalida will use some of the fresh capital to hire a chief executive officer and a vice president for business development.
The first target is glaucoma and other degenerative eye diseases. Glaucoma patients are typically older persons, many of whom are forgetful or confused regarding use of drugs prescribed for them. Patients' noncompliance with physicians' instructions often undermines medical care. Harth expressed confidence that Revalida's ability to "tailor" drug delivery to support a wide range of drugs that require "very sustained and very constant rate" of administration will soon lead to significant progress in such fields as chemotherapy for cancer patients. Thus far, she said, pre-clinical research data indicate "the particle is superior to classical chemotherapies, so far demonstrated in glioma (brain cancer) and breast cancer." Among the interrelated variables Revalida can adjust to meet medical requirements are the size of the particles on which the drug is placed, the amount of drug cargo aboard the "nanosponge" particles, and the rate of delivery of the drug from the particle to the target area. (Related VUMC Reporter story, Oct. 2007.) Harth said toxicology studies show no downside to the nanotech approach, and polymer materials used in creating the nanoparticles are already FDA approved. She said the intellectual property associated with the new platform is protected by three patents. Asked the origins of the company's name, Harth explained in an e-mail that "Revalida" is "made up of the three founders' first names: Eva, Alice and David. The R stands for ‘retina’, the main area in the eye we want to deliver the compounds to" in treating glaucoma and degeneration, which are the company's initial targets. Earlier, Harth earned her bachelor's and master's degrees at the University of Zurich, Switzerland; and, a B.D. at Friedrich-Wilhelms-University, in Bonn.
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