Tuesday, October 4, 2022


Biotechnology News Magazine

SciTech Development Announces the Launch of Equity Crowdfunding Campaign

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SciTech Development LLC, a specialty pharmaceutical company, has announced the launch of its equity crowdfunding campaign on StartEngine.

SciTech Development plans to grow the company, scale-up clinical drug manufacturing, and to commence the company’s first clinical trial of ST-001 nanoFenretinide for the treatment of non-Hodgkin’s lymphoma. Non-Hodgkin’s lymphomas are cancers that begin in the lymphatic system, which is part of the body’s germ-fighting immune system.

SciTech Development notes their patented lead drug candidate ST-001 nanoFenretinide is a combination of the company’s proprietary drug delivery platform known as SDP, and fenretinide, a drug with a well-documented safety profile. We are also pleased to announce that ST-001 has an FDA approved Investigational New Drug Application (IND) and Orphan Drug Designation (ODD) for two types of NHL: peripheral T-cell lymphoma (PTCL) and cutaneous T-cell lymphoma (CTCL). ST-001 is ready to enter the clinic at Rush University Medical Center (RUMC) in Chicago, IL where it has IRB approval (Institutional Review Board).

Earle Holsapple, President of SciTech Development relays that FDA approval of ST-001 would be a significant step towards revenue generation, but more importantly, believes that SciTech’s scientific breakthroughs will have a profound impact on patients who are battling cancer.

Visit https://www.startengine.com/scitechdevelopment to invest in SciTech’s crowdfunding campaign, early investors qualify for time-based bonuses. For company, product, and investor information visit www.SciTechSDP.com. Detailed information regarding SciTech’s science and the company can be found at www.SciTechDevelopment.com.

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