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Photolitec

Ownership: Private
Employees: ~9
Development stage: Other

Overview

Photolitec is developing novel photosensitizing agents that enable both imaging and treatment of cancers. Their lead compound, PHOTOBAC, is in a Phase 1 clinical trial for glioblastoma/gliosarcoma using photodynamic therapy. The company’s technology aims to overcome limitations of current agents by improving tumor selectivity, minimizing systemic toxicity, enabling deep tissue penetration with long-wavelength activation, and providing a "see and treat" solution[2][5]. Preliminary results indicate achievement of key goals such as blood-brain barrier crossing and minimal off-target effects[2].

Therapeutic areas: Oncology
Modalities: Small moleculePhotosensitizer
Industry: Biotech

Partnerships

Licensing agreement with Roswell Park Comprehensive Cancer CenterCollaboration with University at Buffalo & University of Michigan researchers

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