Company Overview of Parion Sciences, Inc.
Parion Sciences, Inc.is a development stage company focusing on the discovery and development of new treatments for serious diseases in multiple therapeutic areas. The company primarily focuses on developing therapeutic agents for pulmonary diseases, including cystic fibrosis, chronic obstructive pulmonary disorder, and bronchiectasis. It develops epithelial sodium channel blockers that are used for the treatment of diseases associated with lung, mouth, nose, and the gastrointestinal tract. The company also develops an oral rinse for the relief of chronic dry mouth; and compounds for patients suffering from dry eyes. It was formerly known as CyFi, Inc. and changed its name to Parion Sciences...
2800 Meridian Parkway
Durham, NC 27713
Founded in 1999
Key Executives for Parion Sciences, Inc.
Co-Founder, Co-Chairman and Chief Executive Officer
Co-Founder and Co-Chairman
Senior Director of Clinical & Regulatory Operations
Compensation as of Fiscal Year 2015.
Parion Sciences, Inc. Key Developments
Parion Sciences Licenses Epithelial Sodium Channel Inhibitors to Vertex Pharmaceuticals
Jun 5 15
Vertex Pharmaceuticals and Parion Sciences have entered into collaboration for the development of investigational epithelial sodium channel (ENaC) inhibitors to treat cystic fibrosis (CF) and other pulmonary diseases. As part of the deal, Vertex will have worldwide development and commercial rights to Parion's investigational ENaC inhibitors, including P-1037 and P-1055. Parion will receive an upfront payment of $80 million and will be eligible to receive up to an additional $490 million in development and regulatory milestone payments for development of ENaC inhibitors in CF, including $360 million related to global filing and approval milestones. Vertex will be responsible for future development activities for P-1037 and P-1055, which are indicated for the treatment of CF and other pulmonary diseases. Currently, P-1037 is being evaluated in an exploratory Phase IIa study in about 120 people with CF, regardless of genotype.
Parion Sciences Announces Initiation of Phase 2 Clinical Trial of P-1037 for the Treatment of Cystic Fibrosis
May 6 15
Parion Sciences announced that it has begun enrollment of a phase 2 clinical trial of P-1037 in patients with Cystic Fibrosis. The trial has been named the 'CLEAN-CF' trial which refers to 'Clearing Lungs with ENaC inhibition in Cystic Fibrosis'. The CLEAN-CF study will include CF patients regardless of an individual's genetic mutation. Inhibiting the epithelial sodium channels (ENaC) in the airways with P-1037, an 'ENaC blocker', is expected to re-hydrate the mucus layers, thus restoring airway clearance, improve lung function and, ultimately, reduce exacerbations. P-1037 has demonstrated to be long acting in preclinical models and to have a favorable safety and tolerability profile in the completed Phase 1 studies. Parion expects to enroll approximately 120 patients at 30 sites, most within CFFT's clinical trials national network.
Parion Sciences, Inc. Presents at SunTrust Robinson Humphrey Biotechnology and Pharmaceutical One-on-One Orphan Drug Day, Feb-23-2015
Feb 18 15
Parion Sciences, Inc. Presents at SunTrust Robinson Humphrey Biotechnology and Pharmaceutical One-on-One Orphan Drug Day, Feb-23-2015 . Venue: JW Marriott Essex House, 160 Central Park South, b/w 6th & 7th Avenue, New York, New York, United States.
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