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# Inex Pharmaceuticals
- URL: https://www.whiteroseintelligence.com/inex-pharmaceuticals/
- Published: 1999-01-02T18:11:00.000Z
- Updated: 2025-01-02T23:15:22.000Z
- Author: Liam Sturgess
- Tags: Profiles, #docs, #organization

**Inex Pharmaceuticals** was a Canadian biopharmaceutical company based in Vancouver, British Columbia. It was the predecessor to [Tekmira Pharmaceuticals](https://www.whiteroseintelligence.com/Tekmira-Pharmaceuticals).

## History

Dr. Pieter Cullis was among the scientists experimenting with liposomes in the early 1980s, fascinated by their properties in many aspects of human biology.[\[1\]](#fn1) He discovered he could load cancer drugs into liposomes, inspiring him and several colleagues to form Inex Pharmaceuticals in 1992.[\[2\]](#fn2)

To improve prospects of successfully advancing gene therapy techniques, Cullis developed and patented a new form of lipid nanoparticle designed to deliver genetic material to host cells.[\[3\]](#fn3) From 1994 onward, a series of patents were filed describing the technology Cullis and his colleagues created, including the addition of a chemical called polyethylene glycol (PEG) to further increase the LNP’s ability to pass into cells.[\[4\]](#fn4)[\[5\]](#fn5)[\[6\]](#fn6)[\[7\]](#fn7)

### Government investment

On November 12, 1999, Inex “entered into a Technology Partnerships Canada ("TPC") agreement with the Canadian Federal Government” to support the development of “certain oligonucleotide product candidates”.[\[8\]](#fn8)

Inex Pharmaceuticals is proudly featured as a government investment in TPC's annual report from 2000\. The report describes "INEX’s unique delivery technology, called Transmembrane Carrier System (TCS), which enables \[drugs\] to live longer in the bloodstream and increases their ability to reach disease sites."[\[9\]](#fn9) TCS is the term used to describe the liposome-lipid nanoparticle technology in its earliest days of development.

### Spinoffs

A variation on the LNP design that Cullis developed in 2000 with several colleagues including Dr. Ian MacLachlan became the basis for a spinoff company the team named [Protiva Biotherapeutics](https://www.whiteroseintelligence.com/Protiva-Biotherapeutics), focused entirely on gene therapy.[\[10\]](#fn10)[\[11\]](#fn11)

In 2001, Inex had made deals to develop a product with GlaxoSmithKline.[\[12\]](#fn12) By 2004, Inex was in the research stage of preparing their own targeted “cancer vaccine” program.[\[13\]](#fn13) However, after the United States [Food and Drug Administration](https://www.whiteroseintelligence.com/Food-and-Drug-Administration) declined to approve their chemotherapy products, Cullis quit, the company downsized and rebranded to [Tekmira Pharmaceuticals](https://www.whiteroseintelligence.com/Tekmira-Pharmaceuticals).[\[14\]](#fn14)[\[15\]](#fn15)

## Organization

| Name          | Position                                             | Notes                                                                                                                                                                                                                                                                             |
| ------------- | ---------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Pieter Cullis | Co-founder[\[2:1\]](#fn2)                            | [Acuitas Therapeutics](https://www.whiteroseintelligence.com/Acuitas-Therapeutics), Integrated Nanotherapeutics, [Precision NanoSystems](https://www.whiteroseintelligence.com/Precision-NanoSystems), Centre for Drug Research and Development, NanoMedicines Innovation Network |
| Jim Pankovich | Associate Director, Clinical Research[\[16\]](#fn16) | [Qu Biologics](https://www.whiteroseintelligence.com/Qu-Biologics), MIGENIX, CV Technologies                                                                                                                                                                                      |

## External links

- [LinkedIn](https://www.linkedin.com/company/inex-pharmaceuticals/)
- [Website (archived)](https://web.archive.org/web/20060427055954/http://www.inexpharm.com/)

### Further reading

- February 13, 2023: "[Follow the Patents: Lipid Nanoparticles and COVID-19 Genetic Vaccines](https://liamsturgess.substack.com/p/follow-the-patents-lipid-nanoparticles#footnote-anchor-31-101307255)" by [Liam Sturgess](https://www.whiteroseintelligence.com/Liam-Sturgess)

---

1. Horejs, C. (2021). From lipids to lipid nanoparticles to mRNA vaccines. *Nature Reviews Materials.* <https://doi.org/10.1038/s41578-021-00379-9> [↩︎](#fnref1)
2. *Technology Overview.* (2000, June 4). Inex Pharmaceuticals. <http://archive.today/2000.06.04-233753/http://inexpharm.com/technology%5Fframe.html> [↩︎](#fnref2) [↩︎](#fnref2:1)
3. Kulkarni, J. A., Cullis, P. R., & van der Meel, R. (2018). Lipid nanoparticles enabling gene therapies: from concepts to clinical utility. *Nucleic Acid Therapeutics, 28*(3), 146–157\. <https://doi.org/10.1089/nat.2018.0721> [↩︎](#fnref3)
4. Choi, L. S. L., Madden, T. D., & Webb, M. S. (1994, September 30). *Polyethylene glycol modified ceramide lipids and liposome uses thereof.* Canadian Patents Database. <http://archive.today/2022.03.08-204712/https://www.ic.gc.ca/opic-cipo/cpd/eng/patent/2201120/summary.html?type=number%5Fsearch&tabs1Index=tabs1%5F1> [↩︎](#fnref4)
5. Madden, T. D., Cullis, P. R., & Holland, J. W. (1994). *Bilayer stabilizing components and their use in forming programmable fusogenic liposomes (Canadian Intellectual Property Office Patent No. 2201121).* Canadian Patents Database. <http://archive.today/2022.03.08-204044/https://www.ic.gc.ca/opic-cipo/cpd/eng/patent/2201121/summary.html?type=number%5Fsearch&tabs1Index=tabs1%5F1> [↩︎](#fnref5)
6. Cullis, P. R., Fenske, D. B., Hope, M. J., & Wong, K. F. (1995, February 27). *Method for loading lipid vesicles (Canadian Intellectual Property Office Patent No. CA 2213861).* Canadian Patents Database. <http://archive.today/2022.03.08-213848/https://www.ic.gc.ca/opic-cipo/cpd/eng/patent/2213861/summary.html?type=number%5Fsearch&tabs1Index=tabs1%5F1> [↩︎](#fnref6)
7. Cullis, P. R., Choi, L. S. L., Monck, M., & Bailey, A. (1996, April 11). *Fusogenic liposomes (Canadian Intellectual Property Office Patent No. CA 2252055).* Canadian Patents Database. <http://archive.today/2022.03.08-215546/https://www.ic.gc.ca/opic-cipo/cpd/eng/patent/2252055/summary.html?type=number%5Fsearch&tabs1Index=tabs1%5F1> [↩︎](#fnref7)
8. Arbutus BioPharma Corporation. (2015, September 30). *Form 10-Q.* Securities and Exchange Commission. <https://web.archive.org/web/20171208092809/https://www.sec.gov/Archives/edgar/data/1447028/000106299315005809/form10q.htm> [↩︎](#fnref8)
9. *Annual Report 1999-2000.* Technology Partnerships Canada. Retrieved February 12, 2023, from <https://ised-isde.canada.ca/site/industrial-technologies-office/sites/default/files/attachments/tpc%5F1999%5F2000%5Fe.pdf> [↩︎](#fnref9)
10. Cullis, P. R., Fenske, D. B., & MacLachlan, I. (2000, October 25). *Lipid formulations for target delivery (Canadian Intellectual Property Office Patent No. CA 2426244).* Canadian Patents Database. <http://archive.today/2022.03.08-235645/https://www.ic.gc.ca/opic-cipo/cpd/eng/patent/2426244/summary.html?type=number%5Fsearch&tabs1Index=tabs1%5F1> [↩︎](#fnref10)
11. Vardi, N. (2021, August 17). *COVID’s forgotten hero: the untold story of the scientist whose breakthrough made the vaccines possible.* Forbes. <http://archive.today/2022.03.22-150124/https://www.forbes.com/sites/nathanvardi/2021/08/17/covids-forgotten-hero-the-untold-story-of-the-scientist-whose-breakthrough-made-the-vaccines-possible/?sh=5855d68a354f> [↩︎](#fnref11)
12. *2004 Annual Report.* (2004). Inex Pharmaceuticals Corporation. <https://web.archive.org/web/20220322135752/https://doc.morningstar.com/Document/2ded6a03c7093ab6.msdoc/original?clientid=globaldocuments&key=52dbc583e1012395> [↩︎](#fnref12)
13. *Inex Pharmaceuticals slashes more staff as CEO departs.* (2005, June 21). CBC News; CBC/Radio-Canada. <http://archive.today/2022.03.22-140227/https://www.cbc.ca/news/business/inex-pharmaceuticals-slashes-more-staff-as-ceo-departs-1.525609> [↩︎](#fnref13)
14. *INEX Pharmaceuticals provides timeline for completing spin-out of Tekmira Pharmaceuticals Corporation.* (2007, February 26). BioSpace. <http://archive.today/2022.03.22-140608/https://www.biospace.com/article/releases/inex-pharmaceuticals-provides-timeline-for-completing-spin-out-of-tekmira-pharmaceuticals-corporation-/> [↩︎](#fnref14)
15. *Inex Pharmaceuticals announces completion of spin-out of Tekmira Pharmaceuticals Corporation.* (2007, May 1). Arbutus Bio. <https://web.archive.org/web/20230314080401/https://investor.arbutusbio.com/static-files/7043d792-acbb-47ae-9b0f-ce74445f583a> [↩︎](#fnref15)
16. Jang, J. (2015, June 10). *Qu Biologics Appoints Jim Pankovich as Vice President, Clinical Operations and Drug Development.* Qu Biologics. <https://web.archive.org/web/20230830185536/https://www.qubiologics.com/qu-biologics-appoints-jim-pankovich-as-vice-president-clinical-operations-and-drug-development/> [↩︎](#fnref16)