Proteo Inc. with its wholly owned subsidiary Proteo Biotech AG, a German corporation, is a clinical stage drug development company focused on the development of anti inflammatory treatments for rare diseases with significant unmet needs. Proteo s lead product Elafin is a copy of a naturally occurring human anti inflammatory protein and promises an excellent therapeutic risk benefit profile. It is a potent inactivator of tissue destroying neutrophil elastase and proteinase , and was well tolerated in three randomized, double blinded, placebo controlled clinical studies. Elafin s ability to block tissue destroying proteases makes it a promising drug candidate for the prevention and treatment of tissue damage occurring in the course of major surgery, pulmonary diseases and severe reperfusion injury in organ transplantation. Elafin is under clinical development for prophylactic treatment of acute postoperative complications, with focus on the prevention of postoperative inflammatory complications in the surgical therapy of esophageal cancer. It s potential for the treatment of pulmonary arterial hypertension and lung diseases is currently evaluated in preclinical models. Elafin has obtained orphan drug designations for the treatment of complications of esophageal cancer surgery as well as for the treatment of pulmonary arterial hypertension in the United States and the European Union. Proteo intends to establish international strategic partnerships for the development, manufacturing and marketing of Elafin.
Quote | Proteo Inc (OTCMKTS:PTEO)
Last: | $0.0899 |
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Change Percent: | 215.44% |
Open: | $0.0285 |
Close: | $0.0899 |
High: | $0.125 |
Low: | $0.0285 |
Volume: | 427,783 |
Last Trade Date Time: | 07/21/2020 04:55:01 pm |
News | Proteo Inc (OTCMKTS:PTEO)
Message Board Posts | Proteo Inc (OTCMKTS:PTEO)
Subject | By | Source | When |
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PTEO one for 5 reverse split: | Renee | investorshub | 08/05/2021 12:12:28 AM |
$PTEO one for 2,000 reverse split. ***PPS closed | Renee | investorshub | 07/21/2020 9:16:26 PM |
yea had an alert in for this on | threewheeler | investorshub | 07/21/2020 4:53:00 PM |
Heads Up: 2000-1 Reverse Split PRE 14C | today32 | investorshub | 05/08/2020 1:24:28 PM |
Its called a prop bid ... | stock1ace1 | investorshub | 11/05/2019 3:39:37 PM |
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