Health & Fitness
Health and FitnessHealth and Fitness 
Thu, February 3, 2011
DARA BioSciences CEO Says Big Pharma Is Interested in Company's Phase II Drug Candidate
LOS ANGELES, CA--(Marketwire - February 3, 2011) - Richard Franco, the Chairman and Chief Executive Officer of DARA BioSciences (
"Big phrama is interested in us," says Franco. "We started the process of putting KRN5500 out there as an out-license candidate. We have a number of companies, right now, doing deep due diligence. We have a virtual due diligence room. There are companies both big and medium sized, both international and domestic that are looking at KRN5500 right now."
DARA, working together with the National Cancer Institute, is targeting KRN5500 for the treatment and prevention of neuropathic pain in cancer patients, in particular, chemotherapy-induced neuropathic pain. There are currently no approved marketed medicines for this indication and as such represents a largely untapped market for new therapies.
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