Myriagon
develops effective, non-addictive, oral analgesics for neuropathic pain. We
have discovered a novel analgesic for chemotherapy induced peripheral
neuropathy (CIPN). CIPN is a debilitating side effect of chemotherapy and
symptoms include burning sensations and unbearable pain. CIPN is the major
cause for dose-reduction and discontinuation of chemotherapy. To make matters
worse, ~30% of patients that received chemotherapy experience chronic CIPN
symptoms. Currently, there are no approved drugs for CIPN and patients reside
to off-label use of various drug classes, including opioids. Unfortunately,
these treatment options provide only limited pain relief and cause serious side
effects including physical dependence. At Myriagon we aim to resolve this critical
unmet medical need for safe and effective analgesics.
We have
discovered and patented peripherally restricted monoacylglycerol lipase (MAGL)
inhibitors. In animal models for CIPN, oral administration of our lead compound
induces full pain relief without physical dependence. Our MAGL inhibitor
harnesses anti-inflammatory mechanisms which gives opportunities beyond CIPN to
other types of pain and inflammation. To support this, we have demonstrated
efficacy in multiple models of pain and inflammation. Therefore, we believe
Myriagon’s MAGL inhibitor has the potential to become the most effective
non-steroidal anti-inflammatory analgesic on the market.
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