DNAPrint Genomics, Inc. Announces Research Partnership with Massachusetts College of Pharmacy and Health Sciences

Strategic Insights -

DNAPrint Genomics, Inc. has entered into a research sponsorship agreement with the Massachusetts College of Pharmacy and Health Sciences to develop Ritalin-like compounds as potential medications for drug addiction, ADHD, and depression. The partnership aims to create "theranostic" test/drug combinations that use genomics to ensure patients receive the appropriate medicine and proper dosage based on their genetic constitution.

Key Takeaways:

  • DNAPrint Genomics, Inc. has partnered with the Massachusetts College of Pharmacy and Health Sciences to develop Ritalin-like compounds for treating drug addiction, ADHD, and depression.
  • The research aims to create "theranostic" test/drug combinations that leverage genomics to tailor treatment to individual patients' genetic profiles.
  • Dr. Mark Froimowitz, a researcher at the Massachusetts College of Pharmacy and Health Sciences, will lead the research, which has already shown promising results.
  • The compounds have desirable properties and potential therapeutic indications, with a strong link between drug addiction, ADHD, and depression.
  • The National Institute of Mental Health estimates that 3-5% of children have ADHD, affecting approximately 2 million children in the United States.

Statistics:

  • 2 million children in the United States have ADHD, according to the National Institute of Mental Health.
  • 3-5% of children have ADHD, making it a significant public health concern.
  • DNAPrint Genomics, Inc. has a strong track record of innovation in genomics-based products and services, with over 2,800 students enrolled in its programs at the Massachusetts College of Pharmacy and Health Sciences.

Sources:

  • Market Wire via COMTEX, March 3, 2006
  • Market Pulse News Alert for March 3, 2006
  • Comtex SmarTrend Alert, Monitoring Stocks: AMD, FNSR, GOOG, and DNAG, February 27, 2006
  • DNAPrint Genomics, Inc. official website, www.dnaprint.com
  • Massachusetts College of Pharmacy and Health Sciences official website, www.mcphs.edu