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Industry Center - Biotechnology
Industry Center > Biotechnology > Lorus Therapeutics Inc. Company Profile
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Lorus Therapeutics Inc. Company Profile
Lorus Therapeutics isn't talking nonsense, they're talking antisense. The biotechnology firm is developing cancer drugs using antisense technology, which prevents cells from producing disease-causing proteins and may cause fewer side effects than traditional chemotherapies. It is testing its lead candidate in this area, LOR-2040, as a treatment for various blood cancers and solid tumors. Lorus is working in other areas of cancer research as well, developing some traditional therapies, as well as immunotherapies, which stimulate the body's immune system to fight cancer. The company licensed its Virulizin immunotherapy, a potential treatment for pancreatic cancer, to a subsidiary of Zoticon Bioventures in 2008.
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Contact Information
Address: 2 Meridian Rd.
Toronto, Ontario M9W 4Z7, Canada
Phone:416-7981200
Fax:416-7982200
Financial Highlights
Fiscal Year End:May
Revenue (2009):0.20 M
Revenue Growth (1 yr):288.70%
Employees (2008):26
Employee Growth (1 yr):(-13.30%)
Key People
Chairman: Dennis Burger
Director, President and CEO: Aiping H. Young
Director Finance and Acting CFO: Elizabeth Williams
Industry Information
Sector: Healthcare
Industry: Biotechnology
Top Competitors
Bristol-Myers Squibb Company (bmy)
Genentech, Inc.
Isis Pharmaceuticals, Inc. (isis)
 


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