Saturday, November 23, 2024

Rakuten Medical Announces New Name “Alluminox™” for its Proprietary Technology Platform

Rakuten Medical, Inc. has elected to discontinue use of the name “Illuminox,” and to start using a new, evolved name “Alluminox™” for our proprietary, anti-cancer, photoimmunotherapy technology platform, which is comprised of drug, medical device, and other related technologies. This name change will take effect globally from April 1, 2022.

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The new name “Alluminox™,” pronounced Ay-luminox, is derived from our aspiration to use the power of illumination to deliver what we hope is a knockout blow to cancer cells. Our overall mission and aspiration is to help brighten the future for cancer patients All over the world.

The original name, “Illuminox,” has been challenged in the U.S. over trademark issues. Rakuten Medical desires to use its available financial and human resources to further advance our technology, to help get our treatments to patients and caregivers – rather than using our resources to engage in prolonged litigation.

“While we have a new name — Alluminox™ — for our proprietary technology platform, which combines the power of light with an investigational drug, device, and other related components to develop new, innovative therapies for cancer, our corporate mission, ‘to conquer cancer,’ remains unchanged. Rakuten Medical will continue to strive to deliver our innovative treatments to as many patients as possible, as rapidly as possible,” said Mickey Mikitani, Chief Executive Officer of Rakuten Medical, Inc.

About Rakuten Medical, Inc.
Rakuten Medical, Inc. is a global clinical stage biotechnology company developing and commercializing precision, cell-targeting investigational therapies on its Illuminox™ platform, which, in pre-clinical studies have been shown to induce rapid and selective cell killing and tumor necrosis. Outside of Japan, Illuminox therapies have not yet been approved as safe or effective by any regulatory authority. The company’s first drug developed on the Illuminox platform, ASP-1929, has received approval from the Japanese Ministry of Health, Labour, and Welfare, and is currently the subject of a global phase 3 clinical trial for recurrent head and neck cancer. Rakuten Medical is committed to its mission to conquer cancer and aims to realize a society where cancer patients can lead fulfilling lives. The company has offices in 5 countries, including the United States, where it is headquartered, Japan, the Netherlands, Taiwan, and Switzerland

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