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Elorac Acquires Gideon Pharmaceuticals

Picks up the Heprotect technology, which reduces the hepatotoxicity of hepatocellular toxic agents

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Specialty pharmaceutical firm Elorac, which is involved in the development and commercialization of products for dermatology, allergy and oncology, has acquired Gideon Pharmaceuticals, a development-stage pharmaceutical company whose products use its patented Heprotect technology, which reduces the hepatotoxicity of hepatocellular toxic agents without interfering with their bioactivity. Among the drugs being developed by Gideon are Heprotect versions of acetaminophen, methotrexate, acitretin and itraconazole, all compounds with established efficacy and side-effect profiles that include liver toxicity.

“We are pleased to have acquired Gideon’s recently patented technology for reducing the hepatotoxicity of certain pharmaceutical agents. Heprotect adds a platform technology with multiple applications to Elorac’s robust development pipeline,” said Jeffrey Bernstein, president and chief executive officer, Elorac.

In addition to the newly acquired Heprotect compounds, Elorac’s development pipeline includes naloxone lotion for treatment of pruritus accompanying cutaneous T-cell lymphoma, a product with orphan drug and fast-track designations from the U.S. FDA; cidoxepin, a highly potent histamine H1-receptor antagonist being developed for relief of chronic urticaria; and a once-weekly tablet for nodulocystic acne.

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