Florida Funding Email Alert

 

 

 

March 21st, 2005 

 

 

 

 

Dear Email Alert Readers,

This free service by Florida Funding Publications provides information critical to grant seekers and fundraisers. Visit our website, www.floridafunding.com for more information on the grantseeking world.

Remember each alert comes with several HOT GRANTS due in a given month. Scroll below for 3 Hot Grants. PLEASE NOTE DUE DATES!

***2005 FOUNDATION GUIDE ANNOUNCEMENT***

For those of you who ordered the Complete Guide to Florida Foundations, we again thank you for your patience. The book is on schedule for a late March shipping. Below we have compiled some of the statistics, numbers, and information about the new book. We are sure you will be happy with the addition of more than 800 new Florida foundations as well as almost doubling the amount of assets.

For those of you who haven’t ordered, read the stats and order NOW (order form available on-line)

***Click HERE for the Complete Guide Stats, including total number of foundations and assets!***

THE 2005 COMPLETE GUIDE HAS BEEN SENT FOR PRINTING…EXPECT YOUR COPY SOON IF YOU HAVE PLACED AN ORDER.

Florida Funding Staff

 

In this update:

I. News

1) WIDENING OF US1 STALLED

2) DRUG DEVELOPMENT AND RESEARCH (for those involved in medical research field)

II. Order The Complete Guide to Florida Foundations, 18th Edition, 2005

 

III. Hot Grants: March 2005, Part III

 

I.    NEWS

 

Trial delayed on challenge to plan to expand 18-mile stretch

nvironmentalists' challenge in federal court of plans to overhaul the 18-mile stretch leading to the Florida Keys was canceled Monday.

A clerk for Senior U.S. District Judge James Lawrence King apologized, saying an unspecified ''medical emergency'' forced the delay. Joyce Williams, King's courtroom deputy, would not elaborate but said the trial could be rescheduled as early as this week.

The $270 million, three-year project, scheduled to begin within weeks, is intended to widen shoulders, replace an aging bridge and add a concrete divider to what is now a two-lane road with two four-lane passing sections.

State transportation officials say the work will cut down on head-on collisions and speed hurricane evacuations on the road, notorious for horrific and frequently fatal head-on collisions. The narrow two-lane Card Sound toll road is the only alternate to U.S. 1 traffic.

The Sierra Club, Friends of the Everglades and the Florida Keys Citizens Coalition oppose the plan and want it delayed for more study. They say the project will destroy 100 acres of wetlands and likely spur a new wave of Keys development.

 

 

IVAX: The inside story of how a drug is developed

or almost three decades, the concept of a ''soft steroid'' floated through the mind of Nicholas Bodor, a drug researcher at the University of Florida.

His goal was an anti-inflammatory steroid that could benefit patients with asthma, allergies or arthritis but that didn't have the typically harsh steroid side-effects of bloated ''moon faces'' or stunted growth in children.

''This is an old problem,'' sighs Bodor.

In 2000, he joined IVAX, the Miami drug maker, and started work on a molecule he thought could do the job. Thus began an expensive corporate odyssey that will last a decade, even in a best-case scenario.

This story chronicles the development of a drug with the prosaic scientific name of etiprednol dicloacetate from early lab and animal studies done in Budapest, along with research on asthmatic sheep at Mount Sinai Medical Center in Miami Beach, to current human trials now going on in Mexico that may soon expand to Poland and Bulgaria.

There are at least five years more work before this drug will go to market, and it's possible at any time that the trials could fail and the project could be abandoned.

The tale of this drug is a riveting example of the central debate swirling through America's drug industry today.

Critics say our unregulated prices are the highest in the world and should be cut.

Drug makers say they need to charge hefty prices because they provide them with the money and incentive to take huge risks to develop new drugs. Only one in five drugs that start human clinical trials reach market, according to the trade association PhRMA.

''This can be a tough path for a drug company, but the benefits for the public are so large,'' says IVAX President Neil Flanzraich. ``The system we have is not perfect, but it's a good system. It works.''

Critics of the drug industry disagree. One of the most vocal, physician Sidney Wolfe of Public Citizen's Health Research Group, says drug makers often ''are overstating the cost'' of developing drugs. He believes that's proven by the fact that big drug makers frequently enjoy profits of 17 to 20 percent a year, about twice those of the rest of the economy.

Wolfe thinks many new drugs have no real purpose ''other than to earn the drug companies money.'' He points to Nexium, a mirror of Prilosec, a drug for acid reflux now available in generics, as a pointless expense.

IVAX's etiprednol is certainly not a Nexium. If it does work and is safe, it could offer a significant new benefit for many patients.

On the profit front, IVAX, which offers generics and branded products, has a margin of 10.8 percent, not 20, but the company won't say how much it's costing to develop etiprednol.

THE COST OF DEVELOPMENT

Its executives point to a commonly cited industry figure of $800 million as the cost of developing a new drug -- an amount that Wolfe and other critics say is greatly exaggerated.

In fact, Flanzraich says it will cost considerly less than that to develop etiprednol, but when pressed for details, he says simply that IVAX is spending ``many millions.''

The firm's financial statements reveal IVAX spent $140 million last year in research and development, but that includes a thick pipeline of drugs, only one of which is etiprednol.

The firm prides itself on not wasting money. It out-sources much of its development work and does most of its research overseas because it's cheaper.

''We have a very lean organization,'' says Edmundo Stahl, vice president of pulmonary clinical research.

''They're using state of the art technology, but their labor costs are about one-third of the United States'' because basic research is done in Budapest, says Andrew Forman, an analyst for the financial services company Advest who does not own IVAX stock. ``And their clinical trials are much less because they conduct them in places like Mexico.''

Founded in 1987 by dermatologist Phillip Frost, IVAX has always been interested in branded drugs, but during much of the 1990s its main business was generics.

Generics don't require huge research expenses, but they also don't yield the profit margins of branded drugs, and in 1999 the firm decided to broaden its reach, and rewards, by launching a new effort in the branded field.

To achieve its goals, IVAX purchased the Hungarian Institute for Drug Research, which had 200 research scientists who had worked for the former Communist government's national pharmaceutical institution.

THE KEY PLAYER

Within a year, IVAX added three top drug developers: Bodor, the Gainesville scientist; John Howes, a veteran of a previous Frost company who had been running a small drug development firm in Gainesville that handled Bodor's discoveries; and Stahl, a physician with 20 years experience in clinical development with big pharma firms.

Bodor was the key player. Of Hungarian descent and educated in Romania, he had been a professor and drug researcher at the University of Florida for 20 years. Bodor became IVAX's chief scientific officer. He serves as the language-cultural-scientific bridge between the Hungarian researchers and the American administrators.

Bodor already had a patent on the etiprednol molecule, which he had filed for in 1997, starting off a 20-year period of exclusivity. Eventually, this patent was transferred to IVAX, and the firm undoubtedly will file other patents associated with the drug and its formulation, but a clock on the molecule's exclusive use by IVAX had started ticking long before the drug will be ready for market.

In 2000, the Budapest lab began working on the etiprednol steroid. The first step was to manufacture it in large enough quantities so it could be used in lab and animal experiments.

Most people think of steroids as being connected with athletes' scandals, but, in fact, body-building anabolic steroids are only part of a large group of molecules with a distinctive carbon-atom ring structure.

Etiprednol is a corticosteroid, produced by the adrenal glands or made synthetically. Corticosteroids are anti-inflammatories, which among other things can shrink inflamed lung tissue in asthma patients or inflamed nasal tissue in people who suffer from hay fever.

SIDE EFFECTS

Such steroids work well and are widely used in medicine, but many patients avoid them or complain of the unwanted side effects, including bone growth problems, which can effect not only children but also post-menopausal women with osteoporosis.

The problem is that a steroid taken in a tablet form that breaks down in the stomach means a slow action in which the drug metabolizes with negative side effects.

Etiprednol needed to hit the body fast -- such as through an inhaler into the lungs -- and then dissolve. ''There is no way this works as a tablet,'' says Howes. ``It doesn't survive in the blood stream.''

For an arthritis application down the road, it might be injected into a joint.

Howes says that Bodor had already proven the fast breakdown qualities of etiprednol with animal tests. ``So that was not an issue. But we had to demonstrate efficacy and safety.''

STUMBLING BLOCK

Other scientists and other drug makers have looked at soft steroids. The basic stumbling block has been that these steroids break down so fast that they don't have any healing powers -- or that the doses required to be effective are so high that they're toxic.

In Budapest, the drug was first tried on rats and mice, then later dogs, to determine if it worked as an anti-inflammatory. At the Mount Sinai Medical Center research building on Miami Beach, the drug was given to sheep who had been sensitized to a parasite to approximate asthma in humans. Because etiprednol was meant to be inhaled, the animals were given the drug as a spray they breathed in.

The Budapest researchers also worked on standard therapeutic indexes -- giving animals extraordinarily high doses, many times higher than would ever be used in humans to test the upper limits for body damage.

Altogether, says Bodor, ''there were 57 different studies'' of etiprednol before it got to humans. These basic tests showed that the drug was effective in animals and caused no physical harm at very high dosages. All of this data is recorded and kept because it will ultimately be needed for the drug's final approval by the Food and Drug Administration.

In October 2002, after almost three years of lab work, IVAX filed papers with the FDA requesting to start human trials of etiprednol as a hay fever remedy. The FDA had no objections and in December 2002 the company first gave etiprednol to humans, using a company in Austin, Texas, that specializes in such early trials.

This Phase IA trial involved using a nasal inhaler to administer a single dose to several dozen healthy young men (not women, to avoid any harm to their reproductive organs). The sole purpose was to show etiprednol did no damage to humans. Blood and other tests were run to prove that.

When this simple trial showed no problems, a Phase IB study was conducted in the spring of 2003 by giving multiple dosages to several dozen healthy volunteers, again only measuring safety.

COMPLICATIONS

Etiprednol again showed no problems, but complications were developing.

Howes says one basic issue was shelf life. Etiprednol was being made in a liquid solution and dispensed through a nasal inhaler as a fine mist. The FDA insists that over time, the drug has to stay within certain narrow parameters -- between 95 percent and 105 percent of its original intensity -- and the industry shoots for a two-year shelf life for most drugs for economic reasons.

As time went by, researchers were concerned a liquid version might not provide enough shelf life. It was better, they decided, to make etiprednol as a dry powder, giving it greater stability over a longer time, and then dispense the power through an oral inhaler.

Meanwhile, says Stahl, executives debated what should be the first usage of the drug. IVAX already had one hay fever remedy under development, so why should it waste money developing two? What's more, asthma seemed to be a bigger potential market.

The result: Eleven months after IVAX first asked the FDA to approve tests for hay fever, the company went back and said it wanted to test etiprednol for asthma. Another Phase IA and IB were required, this time using an oral inhaler.

Again, Austin was the site of the testing. Those tests went well, and in September, IVAX representatives started Phase II by meeting with doctors in Mexico to discuss using etiprednol on their asthma patients.

''This is the key time,'' says Stahl.

After five years of preparation, etiprednol was finally given to humans with asthma to see if it worked and was safe. If it was, researchers needed to find the right dosages.

This is slow work. Doctors/investigators must be found and paid for, and then the doctors must select the patients. After five months, only 50 some patients are enrolled. Eventually, Stahl hopes to expand Phase II to 300 asthma patients in Poland and Bulgaria.

Working with doctors and patients in other countries can be cheaper than in the United States, but all of their experiences must be documented for later submission to the FDA.

This phase is expected to last well into next year. In the meantime, studies in Budapest will see if etiprednol causes cancer in laboratory rats. These carcinogenic studies by themselves can cost $2 million or $3 million, says Howes, and will last three years. Similar studies will see if etiprednol has any effect on the reproductive organs of animals.

MOVE TO PHASE III

If everything goes well with Phase II, IVAX researchers will meet with the FDA and learn what regulators think is missing from its studies. At the end of next year, the company may then move into Phase III, using as many as 1,500 patients around the world to examine whatever the FDA wants and to study some patients for up to a year to examine long-term effects.

And if that goes well -- the ifs are piling up -- in 2009 IVAX could prepare an application for final approval from the FDA.

Steve Viti, senior director for regulatory affairs, says a typical application might run 1,000 volumes at 300 pages per volume, documenting the entire research process. The filing fee is about $600,000 -- paid to the FDA to defray its costs of processing the application.

If everything goes right, etiprednol, with a fancy new brand name, could hit the market sometime between 2009 and 2011, and then finally IVAX can start earning what it hopes would be a high return on its investment.

''This has to be one of the highest risk businesses,'' says Flanzraich, IVAX's president. ``We don't have a crystal ball; we don't know how it's going to turn out. And if you don't get a very high return for all that risk, you might as well put your money in real estate.''

 

II. ORDER THE COMPLETE GUIDE NOW...Shipping MARCH 2005!

 

 

 

 

 

 

 

 

 

ART &

 

 

The COMPLETE GUIDE to Florida Foundations 2005

18th Edition ~ 2005

COMING MARCH `05

Orders filled in order of receipt. $90 + S&H, Visa, Mastercard & AMX. Call 305-251-2203 to order.

 

 

 

 

 

 

~More than 4,400 Florida Foundations

~More than $15 Billion in Assets

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~Latest edition coming 2005!

 

 

 

 

 

 

 

RESEARCH~SPORTS~COMMUNITY~SOCIAL SERVICES~ENDOWMENTS~AND MORE!

 

 

 

 

 

 

 

 

HOT GRANTS

Historic Preservation Grant Deadlines

Cycle

·  Historic Preservation Small Matching Grants

Application Solicitation Period

·  October 1st to December 15th

Deadline for Application Submittal*

·  December 15th

* In the event the closing date of the solicitation period falls on a weekend or State Holiday, the submittal deadline will be on the next business day.

Application Review and Ranking**

·  March/April, by the Historic Preservation Grant Review Panel

** Grant applications for Historic Preservation and Historical Museums small matching grants are reviewed and ranked in public meetings by ad-hoc Grant Review Panels appointed by the Secretary of State. Historic Preservation and Museum Exhibit applications to be funded by General Revenue Appropriation (Special Category) are reviewed and ranked by the Florida Historical Commission appointed by the Governor, President of the Senate and Speaker of the House. Grants are awarded by the Secretary of State, based on the recommendations of the Grant Review Panels and the Florida Historical Commission.

 

Community Development (March 28)

 

 

Applications for the Frederick P. Rose Architectural Fellowship, sponsored by the Enterprise Foundation, are currently being accepted.

 

The Fellowship creates partnerships between new architects and community-based groups.

 

Architects receive stipends totaling $120,000 over three years to work with local community development corporations, community-based organizations, or a tribally designated housing entity.

 

Applicants who are interested in developing a partnership but have not found a partner organization should contact Stephen A. Goldsmith. 

As director of the fellowship program he can provide a list of potential partners who are part of the Enterprise Foundation Network.

 

Who may apply: Architects working with a community-development corporation, a community-based group classified as tax-exempt, or a tribally designated housing entity.

 

The partner organization must be a member of the Enterpise Foundation Network.

 

Contact: Stephen A. Goldsmith, FPRAF, Enterprise Foundation, 1283 East South Temple, Suite 203, Salt Lake City, Utah 84102; (801) 364-6593; fax (801) 532-0709; sgoldsmith@enterprisefoundation.org; www.enterprisefoundation.org/majorinitiatives/rosefellowship/index.asp

 

 

 

Department of Health and Human Service

Deadline: March 23, 2005

Centers for Medicare and Medicaid Services

Cancer Prevention and Treatment Demonstration for Ethnic and Racial Minorities

*visit grants.gov for more infomation/applications for Department grants

 

Miami Dade County Department of Cultural Affairs

 

2004-2005 Community Grants Program Guidelines

 

Application Deadline: Tuesday March 22, 2005,  4pm

 

Contact:Mr. Luis Ruiz Community Grants Program Administrator

 

Miami-Dade County Department of Cultural Affairs

111 NW 1st Street, Ste. 625 Miami, Fl. 33128

                               

 

 

_________________________________________________________

This Email Alert is a service of Florida Funding Publications, authors of grants reference materials, including the recently updated and widely used "Florida State Grant Programs". For this and other grants reference materials, visit our home page at www.floridafunding.com.


 

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