Qualigen Therapeutics, Inc.
October 17, 2023
Franciscan C
Oncology
Company Description: Qualigen Therapeutics, Inc. (Nasdaq: QLGN), a clinical-stage therapeutics company focused on developing treatments for adult and pediatric cancers with potential for Orphan Drug Designation. Our investigational QN-302 compound is a small molecule selective transcription inhibitor with strong binding affinity to G4s prevalent in cancer cells; such binding could, by stabilizing the G4s against “unwinding,” help inhibit cancer cell proliferation. The investigational compounds within Qualigen’s family of Pan-RAS oncogene protein-protein interaction small molecules are believed to inhibit or block the binding of mutated RAS genes’ proteins to their effector proteins, thereby leaving the proteins from the mutated RAS unable to cause further harm. In theory, such mechanism of action may be effective in the treatment of about one quarter of all cancers, including certain forms of pancreatic, colorectal, and lung cancers.
State
California
Country
United States
Website
http://www.qlgntx.com
CEO/Top Company Official
Michael Poirier
Lead Product in Development
QN-302
Development Phase of Primary Product
Phase I
Number Of Unlicensed Products
Pan-RAS, QN-247