USA-based HedgePath Pharmaceuticals (OTCQB: HPPI) is a clinical stage biopharmaceutical company that discovers, develops and plans to commercialize innovative therapeutics for patients with cancer.
It is focused on the development of therapies for a variety of cancers, with initial emphasis in the US market, based upon the use of the currently marketed drug itraconazole. It is the exclusive licensee of a new, patented formulation of itraconazole, known as SUBA-Itraconazole. It believes that this new formulation of itraconazole could affect the Hedgehog signaling pathway in cells, a major regulator of many fundamental cellular processes, which could in turn impact the development and growth of certain cancers.
In January it announced plans to repurpose a patented, specially formulated version of the Food and Drug Administration-approved anti-fungal drug itraconazole (known as SUBA-Itraconazole) as a cancer inhibitor.
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