A New Frontier
The Quantum technology is designed to enhance existing therapeutics by looking beyond current molecular enhancement techniques such as molecular substitution, halogenation, prenylation and other biological enhancement methods typical of present therapeutic development schema. This marriage of quantum and molecular mechanics essentially created a classic example of bionics that theoretically increases the efficacy against a variety of diseases.
“We’re very proud of this accomplishment,” said
The increase in the quantum molecule’s therapeutic activity is due to alterations in the intermolecular state, which yields a molecule with increased reactivity to ligand interactions with significantly lower degradation rates. In short, the Quantum molecule will possess both hyper-reactivity as well as hyper-persistence.
GRDG Chief Scientific Advisor Dr.
“This is the first step toward a shift in how we create the medicines we need now and the way we will develop the medicines of the future,” he said. “This really provides a potential answer to many medical questions that are out there.”
The Patent Cliff
A Patent Cliff is a phenomenon that occurs when the patent expires on a product or a group of products that represent a high percentage of the total market. The abrupt drop in sales that follows and the subsequent decrease in a company’s annual revenue impacts that company’s ability to continue research and development for future patents.
In the pharmaceutical industry, for example, a patent cliff is noticed when it affects “blockbuster products,” which the industry defines as a product with sales exceeding
As the world climbs out of the COVID-19 pandemic, this looming threat of a patent cliff takes on greater importance.
“This is what makes today’s announcement so important,” said
Through the Quantum research project, Impact BioMedical and GRDG have taken the first step in creating a new way to make medicine. Quantum uses advanced methodologies to create a new class of medicinal chemistry that we hope will be more effective as compared with natural compounds and existing drugs while maintaining the safety profile of the original molecules. This new technique works on a sub-molecular level to increase the efficacy of the molecules. We believe that Quantum could be used to improve and re-patent a variety of therapeutically important compounds.
About
About
DSS is a multinational company operating businesses focused on blockchain security, direct marketing, healthcare, consumer packaging, real estate, renewable energy, and securitized digital assets. Its business model is based on a distribution sharing system in which shareholders will receive shares in its subsidiaries as DSS strategically spins them out into IPOs. Its historic business revolves around counterfeit deterrent and authentication technologies, smart packaging, and consumer product engagement. DSS is led by its Chairman, Mr.
For more information on DSS visithttp://www.dsssecure.com.
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This press release contains forward-looking statements that are made pursuant to the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements related to the Company's intended use of proceeds and other statements that are not historical facts. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that may cause actual results or events to differ materially from those projected. These risks and uncertainties, many of which are beyond our control, include: risks relating to our growth strategy; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; risks relating to the results of development activities; our ability to attract, integrate and retain key personnel; our need for substantial additional funds; patent and intellectual property matters; competition; as well as other risks described in our
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