Workflow
Next Generation Cancer (NGC) drugs
icon
Search documents
Processa Pharmaceuticals Secures Strategic Investment and Evaluates Corporate Crypto Treasury Strategies
Globenewswire· 2025-08-07 12:30
Core Insights - Processa Pharmaceuticals, Inc. has secured a strategic investment and is exploring corporate cryptocurrency treasury strategies to enhance financial flexibility and long-term value creation [1][2][4] Group 1: Strategic Financial Initiatives - The company believes that engaging with emerging financial technologies, including select cryptocurrencies, may diversify its capital base and enhance financial flexibility [2][3] - Processa is committed to compliance with regulatory standards while recognizing the potential of blockchain-based assets to fund clinical development programs, thereby reducing dilution for existing shareholders [3][4] Group 2: Corporate Development and Partnerships - The company is focused on long-term value creation, transparency, and responsible stewardship of investor capital, as stated by CEO George Ng [4] - Processa has engaged LifeSci Capital, LLC as an advisor for implementing its cryptocurrency treasury strategy [4] Group 3: Company Overview - Processa Pharmaceuticals is a clinical-stage biopharmaceutical company developing Next Generation Cancer (NGC) therapies aimed at improving safety and efficacy for cancer patients [5] - The company's strategy involves modifying existing FDA-approved oncology therapies to enhance their effectiveness while maintaining their cancer-killing mechanisms [5]
Processa Pharmaceuticals Secures Strategic Investment and Evaluates Corporate Crypto Treasury Strategies
GlobeNewswire News Room· 2025-08-07 12:30
Core Insights - Processa Pharmaceuticals, Inc. has secured a strategic investment and is exploring corporate cryptocurrency treasury strategies to enhance financial flexibility and long-term value creation [1][2][4] Group 1: Strategic Financial Initiatives - The company believes that engaging with emerging financial technologies, including select cryptocurrencies, may diversify its capital base and enhance financial flexibility [2][3] - Processa is committed to compliance with regulatory standards while recognizing the potential of blockchain-based assets to fund clinical development programs, thereby reducing dilution for existing shareholders [3][4] - The company is focused on long-term value creation, transparency, and responsible stewardship of investor capital [4] Group 2: Company Overview - Processa Pharmaceuticals is a clinical-stage biopharmaceutical company developing Next Generation Cancer (NGC) therapies aimed at improving safety and efficacy for cancer patients [5] - The NGC drugs are modifications of existing FDA-approved oncology therapies, designed to alter metabolism and distribution while maintaining cancer cell-killing mechanisms [5] - In addition to oncology programs, Processa is pursuing strategic partnerships for non-oncology assets to unlock additional value [5]
Processa Pharmaceuticals’ Dr. David Young to Present at World Orphan Drug Congress USA 2025
Globenewswire· 2025-04-15 12:00
Core Insights - Processa Pharmaceuticals, Inc. is a clinical-stage pharmaceutical company focused on developing next-generation cancer therapies with enhanced efficacy and safety [1][5] - Dr. David Young, the Founder and President of Research & Development, will present at the World Orphan Drug Congress USA 2025 [1][2] - The presentation will discuss the application of FDA's Project Optimus principles to improve drug approval processes for rare oncology and non-oncology diseases [3] Company Overview - Processa's strategy involves modifying existing FDA-approved oncology therapies to enhance their metabolism and distribution while preserving their cancer-killing mechanisms [5] - The company aims to develop more effective therapy options with improved tolerability for cancer patients through a regulatory science approach [5] Event Details - Dr. Young's presentation is scheduled for April 24, 2025, at 2:00 p.m. Eastern Time at the Boston Convention & Exhibition Center [2] - The focus of the presentation will be on optimizing dose determination to balance efficacy and safety in drug development [3]
Processa Pharmaceuticals' Dr. David Young to Present at World Orphan Drug Congress USA 2025
Newsfilter· 2025-04-15 12:00
Core Insights - Processa Pharmaceuticals, Inc. is a clinical-stage pharmaceutical company focused on developing next-generation cancer therapies with enhanced efficacy and safety [1][5] - Dr. David Young, the Founder and President of Research & Development, will present at the World Orphan Drug Congress USA 2025, discussing FDA's Project Optimus principles [2][3] Company Overview - Processa's strategy involves modifying existing FDA-approved oncology therapies to improve their metabolism and distribution while retaining their cancer-killing mechanisms [5] - The company aims to develop more effective therapy options with better tolerability for cancer patients through an efficient regulatory path [5] Presentation Details - Dr. Young's presentation is titled "Applying Principles of FDA's Project Optimus to Oncology and Non-Oncology Rare Diseases" and is scheduled for April 24, 2025 [2][3] - The presentation will focus on optimizing drug dosing to enhance the balance of efficacy and safety for rare oncology and non-oncology diseases [3]