IpAuctions, Inc. to Sell Six Medical Patent Applications

IpAuctions, Inc. (www.ipauctions.com) will auction six pharmaceutical patent applications on behalf of pharmaceutical technology company Accu-Break Pharmaceuticals, Inc. (ABP) (www.accubreak.com) of Plantation, Florida, United States.

The first of the available applications, entitled “Method of Treating Hypertension With A Very Low Dose of Chlorthalidone,” has a number of claims already allowed. Allowance of additional pending claims appears to be available by making minor amendments, such as changing the claim dependency. NIH-sponsored studies have indicated that chlorthalidone (CTD) is safer and more effective than hydrochlorothiazide (HCTZ) and as a result, CTD became the diuretic of choice for a number of major NIH outcomes studies, including ALLHAT. CTD is approximately twice as potent as HCTZ and provides several day control of blood pressure compared to HCTZ, which is barely a once-a-day product. An opportunity to potentially provide a 6.25mg dose of CTD (especially in combination with a second antihypersensitive agent) would yield a product with an improved side-effect profile and efficacy. There are no low-dose CTD products on the market today, despite its proven safety and efficacy.

The second application is directed to “Methods of Treating Dialysis-Induced Hypotension,” and claims a novel treatment using an antihypotensive, e.g., midodrine, desglymidodrine, or the like. There is a present need for an effective treatment of intra-dialytic hypotension (IDH) that occurs in patients undergoing dialysis for acute renal failure. There is also a need for symptomatic treatment, in addition to the prophylactic use, of an antihypotensive agent to increase systolic blood pressure in a patient while undergoing dialysis. This application discloses novel methods of treating and preventing the serious and unpleasant syndrome of IDH in dialysis patients while undergoing treatment, including treatment for acute renal failure.

The third application is for “Compositions and Methods Using a Cardiac Glycoside.” This application claims methods and dosage forms using a low dose of digoxin or digitoxin in patients suffering from reduced creatinine clearance, renal insufficiency or chronic renal failure, and concomitant cardiovascular disease. The application is currently under a restriction requirement for election of the methods or dosage forms as described and claimed.

The fourth application relates to “Novel Compositions and Treatment of Type II Diabetes and Hypertension” and claims methods and dosage forms using a thiazolidinedione (glitazone) in combination with a thiazide or thiazide-type diuretic (e.g., HCTZ) to prevent or treat edema induced by the glitazone. This treatment is advantageous over the recommended withdrawal of glitazone administration following development of the side effect of fluid retention, and may be an effective alternative to the use of loop diuretics.

The fifth application is for “Compositions and Methods Using Torsemide” and claims clinical utility of low-dose torsemide, and dosage forms having novel score patterns that readily provide those low doses. Also included as part of the invention are products combining torsemide with antidiabetics, such as glitazones. These novel approaches can provide the advantages of lower doses (and consequent lower side effects) while providing greater dosing flexibility during treatment, e.g., a graduated dosing regimen in pre-diabetic patients.

The sixth application relates to “Compositions and Methods Comprising a Thiazide Diuretic and a Mineralocorticoid Inhibitor.” This application claims methods and dosage forms employing low doses of an aldosterone antagonist (mineralocorticoid inhibitor), such as spironolactone or eplerenone, and a thiazide, such as chlorthalidone, for co-administration or in a combination dosage form. The lower doses of active ingredient(s) allow for reduced side effects, including lower risk of potassium loss (hypokalemia), with additive or synergistic effects for treatment or prevention of cardiovascular diseases, such as hypertension, heart failure, and related disorders.

ABP is selling the patent applications “because the focus and strategy of the Company has changed with the development of its innovative Accu-Break® tablet technologies,” explained Robert I. Goldfarb, President of ABP.

About Accu-Break Pharmaceuticals, Inc.

ABP is a private pharmaceutical technology company headquartered in South Florida. ABP is developing Accu-Break® technologies for pharmaceutical tablets. The innovative and patented technologies allow the creation of tablets that can be easily divided by hand into exact smaller doses, offering complete dose flexibility via risk free tablet splitting. The Company believes that these Accu-Break® technologies offer a differentiated and clinically beneficial advantages compared to conventional dosage forms and may be applied to single and combination drug products, standard and controlled release formulations with broad applicability in human and veterinary prescription and OTC medicines. Accu-Break technologies can provide:

Product differentiation through value added product enhancements

Life cycle management

Solutions for incompatible APIs

Easy dose adjustment for accurate and customized dosing needs

Clinical trial efficiencies through the use of multi-dose tablets

About IpAuctions®, Inc.

IpAuctions®, Inc. (www.IpAuctions.com) is the leading online auction firm specializing in the sale of intellectual property assets. The firm has a proprietary worldwide database of over 8,500 IP attorneys, corporate and private buyers, and venture capitalists who wish to monetize their intellectual property.

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IpAuctions, Inc. to Sell Six Medical Patent Applications

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Rockybid.com Online Auction Launches

Rockybid.com announced the launch of its innovative online auction website Wednesday, with the brand new Honda Insight hybrid, floor seats for the opening night of Michael Jackson’s sold-out final concert series in London and tickets to the opening game at the new Yankee stadium among the first items that will be auctioned off at deeply discounted prices up to 90% off of retail.

Among the other items that will be auctioned at significant discounts on the site are brand new flat screen TVs, digital cameras, Nintendo Wiis, iPods, cell phones, GPS systems, vacation packages and laptops.

“Amidst the worst economic downturn in U.S. history since the Great Depression, we are thrilled to offer consumers the opportunity to purchase some of today’s hottest cars, electronics and sports and event tickets at unprecedented discounts through Rockybid’s online auctions,” said co-founder Isaac Grossman.

Unlike e-Bay and other traditional auction sites, Rockybid’s auction strategy starts sale items off at $0 and sets a closing date and time for auctions. Each time a bid is placed, the price increases by just $0.01 or $0.15, depending on the auction, and 15 seconds are added to the auction countdown clock. The winner of the auction is the last person to bid when the timer reaches zero. Rockybid customers pay just $0.75 per bid.

As an added bonus, Rockybid allows registered users to put money spent on losing bids towards the purchase price of a winning auction within 30 days. The site also offers reward points for purchased bids that can be redeemed for prizes and gift cards.

Rockybid’s auction of two field box seats for the Yankees. vs. Cleveland Indians opening game on April 16, the first season game to be played at the much-anticipated new Yankee stadium, was scheduled to close last night at 8 p.m., but bidding continues. The auction for the Michael Jackson floor seats at the O2 arena on opening night, which are part of a six-day vacation package to London, is scheduled to close May 30. And the bidding for the Honda Insight is set to close May 17.

Rockybid is launching in the U.S. and the UK this week and plans to expand to Australia next week.

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Rockybid.com Online Auction Launches

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IpAuctions Inc. to Sell Medical Patent and Patent Application on Behalf of CyDex Pharmaceuticals, Inc.

IpAuctions, Inc. (www.ipauctions.com) will auction one pharmaceutical patent and one patent application on behalf of specialty pharmaceutical company CyDex Pharmaceuticals, Inc. (www.cydexpharma.com) of Lenexa, Kansas, USA.

The patent application is for a novel taste-masking formulation which CyDex has developed. CyDex’s Captisol® (sulfobutyl ether β-cyclodextrin) has been combined with Sertraline (the selective serotonin reuptake inhibitor (SSRI) drug commercially sold as ZOLOFT™, the anti-anxiety drug manufactured by Pfizer Inc. of New York, New York, USA.) Key benefits of this formulation by CyDex are: the previously bitter taste of the drug is masked; no dilution of the medicine is required; and, as an oral concentrate, this formulation may be administered via multiple beverages – such as juice, soda, etc. – without precipitation.

The second medical patent to be auctioned by IpAuctions, Inc. on behalf of CyDex Pharmaceutical, Inc. is one for a formulation containing Propofol and Captisol. Propofol is a sedative hypnotic drug, and in this patented formulation, there is reduced incidence of pain upon injection. CyDex’s Captisol-enabled Propofol forms a “true aqueous solution and is not a suspension,” according to the U.S. Patent abstract.

Propofol is most commonly used as a short-acting intravenous sedative agent before the introduction of general anesthesia and during maintenance of general anesthesia. It often is used in veterinary procedures. Key benefits of CyDex’s Captisol-enabled Propofol are:

The solution is not an emulsion like the current forms of products using propofol; the solution is stable; there are no “lipid-loading” concerns (hyperlipidemia) for children and senior citizens with nutritional support issues; the solution contains no sulfites, thus reducing allergies (for example, egg allergies); this formulation is easy to sterilize and manufacture; and finally, the solution is freezable.

CyDex Pharmaceuticals, Inc. is selling the patent application for the Sertraline formulation and the patent for the Propofol formulation “because these two developments are outside of the corporation’s target markets,” explained Ralph S. Johnston, vice president of business development and marketing, CyDex Pharmaceuticals, Inc.

About CyDex Pharmaceuticals, Inc. CyDex Pharmaceuticals, Inc. is a specialty pharmaceutical company developing products and licensing its Captisol® technology. CyDex is developing its own pipeline of products using its enabling technology solutions and partnering with leading pharmaceutical, specialty pharmaceutical and biotechnology companies. The company maintains patents in the U.S. and worldwide for its Captisol and cyclodextrin technologies, and a comprehensive FDA drug master file for client use. For additional information on business development opportunities, please contact Ralph Johnston at rjohnston@cydexpharma.com or 913-685-8850. CyDex is a privately held company located in suburban Kansas City. To learn more about the company, please visit www.cydexpharma.com. To view the two medical patents to be auctioned in this sale, please visit www.ipAuctions.com.

About IpAuctions®, Inc. (www.ipAuctions.com) is the leading online auction firm specializing in the sale of intellectual property assets. The firm has a proprietary database of over 8,500 IP attorneys, corporate and private buyers, and venture capitalists, who wish to maximize their IP assets. IpAuctions, Inc. is a member of the National Auctioneers Association and the ABI. The company is based in Reno, Nev.

For more information about this sale or other intellectual property, please contact Joseph Popolo, IpAuctions, Inc. at 866-826-1300 or 348 Mill St., Reno, NV 89501 USA.

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IpAuctions Inc. to Sell Medical Patent and Patent Application on Behalf of CyDex Pharmaceuticals, Inc.

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Auction Floor Enters into Agreement to Acquire Certain Assets of e-Scrap Destruction, LLC

Auction Floor, Inc. , a leading provider of auction technology and e-commerce solutions announced today that it has finalized an asset purchase agreement to acquire certain assets of e-Scrap Destruction, LLC. Their web site can be located at http://www.escrapdestruction.com. E-Scrap is a regional leader in the recycling of e-waste and the handling of excess inventory and returns. E-Scrap is an innovator in the utilization of environmentally-friendly green technologies for electronics and other product categories. The closing of the asset acquisition is subject to standard due diligence, board approval of both parties and the closing of a financing concurrent with the acquisition. There is no guarantee that we will be able to close the acquisition.

Auction Floor Enters into Agreement to Acquire Certain Assets of e-Scrap Destruction, LLC

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Vampire Killing Kit Auctioned

A complete and authentic vampire killing kit – made around 1800 and complete with stakes, mirrors, a gun with silver bullets, crosses, a Bible, holy water, candles and even garlic, all housed in a handsome American walnut case with a carved cross on top – sold for $14,850 at the Jimmy Pippen estate sale held […]

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Vampire Killing Kit Auctioned

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