Welcome!

News Feed Item

OmniBiome Therapeutics -- Corporate Update -- World's First Biotech Company Focused on Diagnosing & Preventing Preterm Births

Novel Approaches Will Include Development of Diagnostic Tests, Medical Devices, Vaccines and Therapeutic Proteins

SAN DIEGO, CA -- (Marketwired) -- 04/25/14 -- OmniBiome Therapeutics Inc. is the world's first biotech "idea factory" focused on developing proprietary and integrated diagnostic (Dx), medical device and therapeutic (Rx) approaches for improving outcomes in maternal healthcare -- in particular preterm labor and preterm birth.

There are about 15,000,000 preterm births per year worldwide, and 1.1 million neonatal or perinatal deaths per year as a result.

Preterm birth is a major unmet medical need in both the developing and developed worlds and cuts across all socioeconomic classes in all countries, including the U.S. where the preterm labor rate is over 12%.

"We are pleased to announce the following recent corporate milestones," noted David Palella, CEO and co-founder of OmniBiome Therapeutics:

(1) Three major U.S. patents were filed:

"Diagnostic Methods for the Assessment of Pregnancy Complications"

USSN: 61/890,356 -- 14 October 2013 [ 77 pages ] - identifies 158 putative or confirmed biomarkers associated with preterm birth. A minimalist subpanel of these will be selected to diagnose the risk of preterm labor weeks or months in advance.

"Medical Devices for Reducing the Risk of Preterm Labor and Preterm-Birth"

USSN: 61/917,364 -- December 18, 2013 [ 118 pages ] - describes multiple novel biodegradable or non-biodegradable medical devices or drug-device combinations to prevent or delay preterm labor.

"Preventative Methods and Therapeutic or Pharmaceutical Compositions for the Treatment or Prevention of Pregnancy Complications"

USSN 61925243 -- filed 09 January 2014 [ 71 pages ] - describes dozens of Rx antibody and prophylactic vaccine approaches to treat preterm labor that will be safe for use in pre-pregnant or pregnant women.

All medical devices will be out-licensed and the Dx business will be out-sourced, allowing OmniBiome to concentrate on Rx applications.

One or more of the medical devices could possibly qualify for the FDA's faster 510(k)-track. Partnering inquiries from medical device companies focused on women's healthcare are welcome.

Revenue from out-licensing of the medical devices and out-sourcing or partnering of the proprietary Dx business will materially reduce dilution of the seed and 'A' round investors.

(2) OmniBiome filed its first SBIR grant application on 03 April 2014 titled:

"Discovery of novel predictive tests and targets for treatment of preterm birth"

(3) NoPreemies.org -- a separate entity focused on funding academic or entrepreneurial research for prevention of preterm labor -- was formed by OmniBiome team members, Iryna Dzieciuch and Alejandra Mendoza. NoPreemies will soon start a crowd-funding campaign on Indiegogo.

Please visit NoPreemies' web site at: http://www.NoPreemies.org

Summing up, Dr. Reinhold Mueller, VP of Diagnostics Product Development at OmniBiome remarked: "Very premature preemies can cost the healthcare system $ 300 - 500K for the first 1 - 2 years of care. The approximately 500,000 premature births per year in the U.S. alone cost the healthcare system about US$ 30 billion. Prematurity of birth results in the world's most expensive hospital stays, as well as lifelong burdens on the mother should the preemie have permanent neurological, pulmonary or immunological deficits."

To learn more about OmniBiome, please visit:

http://www.omnibiome.com

OmniBiome: "Maternal healthcare for the 21st century"

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact Information
If you have questions, or partnership and investment inquiries, please contact:
David Palella
CEO & Co-founder
OmniBiome Therapeutics, Inc.

"Maternal healthcare for the 21st century"
San Diego, Calif.
cell: 619-787-5767
email: Email Contact

Or

Reinhold Mueller, Ph.D.
VP
Diagnostics Product Development
OMNIBIOME THERAPEUTICS INC.
San Diego, CA

cell: 858.414.7589
email: Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
We all know the latest numbers: Gartner, Inc. forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from last year, and will reach 20.8 billion by 2020. We're rapidly approaching a data production of 40 zettabytes a day – more than we can every physically store, and exabytes and yottabytes are just around the corner. For many that’s a good sign, as data has been proven to equal money – IF it’s ingested, integrated, and analyzed fast enough. Without real-ti...
Actian Corporation has announced the latest version of the Actian Vector in Hadoop (VectorH) database, generally available at the end of July. VectorH is based on the same query engine that powers Actian Vector, which recently doubled the TPC-H benchmark record for non-clustered systems at the 3000GB scale factor (see tpc.org/3323). The ability to easily ingest information from different data sources and rapidly develop queries to make better business decisions is becoming increasingly importan...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
Cloud analytics is dramatically altering business intelligence. Some businesses will capitalize on these promising new technologies and gain key insights that’ll help them gain competitive advantage. And others won’t. Whether you’re a business leader, an IT manager, or an analyst, we want to help you and the people you need to influence with a free copy of “Cloud Analytics for Dummies,” the essential guide to this explosive new space for business intelligence.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
ReadyTalk has expanded the capabilities of the FoxDen collaboration platform announced late last year to include FoxDen Connect, an in-room video collaboration experience that launches with a single touch. With FoxDen Connect, users can now not only engage in HD video conferencing between iOS and Android mobile devices or Chrome browsers, but also set up in-person meeting rooms for video interactions. A host’s mobile device automatically recognizes the presence of a meeting room via beacon tech...