TURKU, Finland, October 10, 2017 /PRNewswire/ --
Forendo Pharma, a drug developmentcompany developing novel oral treatments for endometriosis patients, announces the nomination of its Scientific Advisory Board today. Forendo is developing tissue-specific hormone inhibitors to rebalance local estrogen metabolism in endometrial tissues.
The Scientific Advisory Board will continue guiding the endometriosis development programs of Forendo Pharma. Endometriosis is a painful condition in which tissue similar to the lining inside the uterus grows outside of the uterine cavity where it induces a chronic inflammatory reaction. There is no known cure for the condition which is estimated to affect 170 million women and teen girls world-wide.
The newly formed Scientific Advisory Board includes leading international experts in endometriosis, endocrinology and intracrinology:
"Effective therapies for endometriosis-associated pain that have minimal side effects comprise a major goal of endometriosis management as stand-alone approaches or adjunctively with surgery. Novel inhibition of HSD17B1 offers great promise in this field, wherein women have significant morbidity and unmet clinical needs" said Professor Giudice.
"We're proud and delighted to be able to attract this stellar group of advisors to our team. We look forward to the opportunity to gain their collective expertise to assist us in the development of our novel solution for targeted endometriosis treatment, progressing into clinical development in early 2018" said Risto Lammintausta, CEO of Forendo Pharma. "It is extremely valuable for us to perfect our understanding of the changing landscape in endometriosis treatment as well as unmet medical needs that drive future clinical strategies. We hope that our programs will ultimately benefit millions of women suffering from this chronic disease."
About Forendo Pharma
Forendo Pharma is a privately held drug development company, with core competences in modulating tissue specific hormone mechanisms. The company was founded in 2013 by leading academic endocrinology experts and Finnish drug development pioneers. Forendo is supported by strong international investors: Novo Seeds, Karolinska Development, Novartis Venture Fund, Merck Ventures and Innovestor. The company's pipeline includes HSD17B1 inhibitors (preclinical) for the treatment of endometriosis; dual HSD inhibitors (discovery) for the treatment of endometriosis, with potential for other endocrinological diseases; and Fispemifene (phase 2), a novel SERM for the treatment of male urological conditions. Further information is available at www.forendo.com
SOURCE Forendo Pharma
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