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DRUG INNOVATION: Carmel/ UofH startup makes progress in developing plant-based cancer treatment

Prof. Fuad FaresDr. Lital Sharvit and Prof. (Emeritus) Solomon Wasser (Faculty of Natural Sciences) have developed a novel cancer treatment that utilizes extracts of Cyathus striatus mushrooms to reduce tumors in animals without damaging healthy tissues. CanCurX, a startup founded by Carmel* together with the researchers, has partnered with the Israeli biomedical company Cannabotech to develop plant-based cancer botanical drugs based on fungal extracts. The agreement allows the use of a patent for developing drugs that are fungal based. Cannabotech will fund the development, which will be conducted in part at University of Haifa labs. The companies hope that their combined products will help treat cancer patients in the future.*Carmel is the University of Haifa’s economic company and founder of Carmel Innovations Funds I and II.   READ MORE IN THE JERUSALEM POST

*Credit: Getty Images

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