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Published on 8/28/2006 in the Prospect News Biotech Daily.

Accentia amends license with Mayo Clinic to develop over-the-counter sinusitis nasal sprays

By E. Janene Geiss

Philadelphia, Aug. 28 - Accentia Biopharmaceuticals, Inc. said Monday that it has amended its license with the Mayo Foundation for Medical Research and Education, granting Accentia an exclusive worldwide license to all non-prescription products that are intended to treat symptoms associated with chronic sinusitis by suppressing non-invasive fungi in the mucus of patients.

The amendment also grants Accentia the right to proceed with commercialization of a first product, according to a company news release.

Accentia said it previously obtained a worldwide exclusive license from the Mayo Clinic for SinuNase, whose active ingredient is the prescription antifungal amphotericin B.

The company said it is developing SinuNase as a prescription intranasal formulation for moderate to severe cases of chronic sinusitis. Under an Investigational New Drug application, Accentia said it received fast-track status for SinuNase from the Food and Drug Administration and is starting phase 3 clinical trials in patients with chronic sinusitis refractory to surgery.

Accentia is a Tampa, Fla., biopharmaceutical company.


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