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Pan Pacific Pharmaceuticals Inc.

 
• By Melanie Senior

Xiangmin Cui's vision, in co-founding Pan Pacific Pharmaceuticals two years ago, was to combine his personal knowledge of traditional Chinese medicines with the scientific training he received both in China and at Stanford University. Pan Pacific's lead compound for rheumatoid arthritis has been successfully cloned and expressed, and shown to be identical in structure and activity to a naturally occurring molecule with potency against the disease.

Xiangmin Cui's vision, in co-founding Pan Pacific Pharmaceuticals Inc. two years ago, was to combine his personal knowledge of traditional Chinese medicines with the scientific training he received both in China and at Stanford University . With the backing of co-founder Robert King, Dr. Cui started work on a new drug for rheumatoid arthritis, based on the venom in live bee-stings—which many people throughout the world, including as many as 10,000 people each year in the US, use to treat the condition. The resulting compound, PX3.101, is expected to enter clinical trials in the first half of next year.

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