GATC Health, a biotech company that uses artificial intelligence and advanced multiomics to revolutionize drug discovery and disease prediction, announced that it filed a patent application for an innovative new prodrug designed to safely cross the blood-brain barrier (BBB) for cancer treatment. GATC Health's entry into the oncology drug discovery market is marked by this breakthrough, which was made possible by the company's innovative Multiomics Advanced TechnologyTM AI platform.
Prodrugs are physiologically inactive chemicals that are converted to drugs in the body. Aspirin, Plavix, and Prednisone are just a few examples. The novel new prodrug developed by GATC Health is meant to trigger programmed cell death in malignant cancer tissues and could be used to treat glioblastoma brain tumors.
Due to the difficulty of delivering and selecting drug-target interactions, this unique technique of treatment has not been conceivable before, but it has the potential to improve safety and selectivity. Furthermore, this new prodrug formulation has the potential to significantly lessen the collateral harm produced by past iterations of chemical agents employed to treat cancer. This style, according to the business, will lead to many more advances in innovative cancer therapies.
I am very excited that we are continuing to expand our portfolio at GATC Health and entering in oncology with this innovative platform to meet unmet needs of cancer patients, Glioblastoma accounts for half of all the cancerous brain tumors in adults. We see about 12 to 18 months average survival time for these patients with only 5% of patients surviving more than five years, highlighting the unmet need for innovation for these patients. Our new prodrug has the potential to differentiate between glioblastoma cells and healthy neuron growth, preventing replication of cancer cells for glioblastoma. This new technology may also be used for other tumors. Global spending on therapeutics and supportive care of cancer is continuing to grow and be is expected to reach $200 billion in 2022. With growing incidence of cancer in patients, oncology is the focus area for the 10 largest pharma companies, and we are looking forward to partnering with them to bring glioblastoma patients and other cancer patients a safe, effective cure."
Preetaman Wadhwa, the company's Chief Marketing Officer.