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Biotech / Medical : AtheroGenics, Inc.{AGIX}-nasdaq

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To: keokalani'nui who wrote (26)2/19/2001 11:24:11 AM
From: keokalani'nui  Read Replies (1) of 332
 
From Prospectus:

Our initial development target is post-angioplasty restenosis. More significantly, we believe that AGI-1067 may treat all areas of the coronary artery susceptible to atherosclerosis in a way that cannot be achieved with any
existing therapy.

We have completed pre-clinical testing in multiple species to establish the therapeutic properties of AGI-1067. Dosed orally, AGI-1067 blocked VCAM-1 production, blocked damage from oxidants and prevented atherosclerosis. In addition, AGI-1067 reduced LDL cholesterol comparably to and in combination with statins, which are widely used cholesterol lowering drugs.

Based upon our successful completion of pre-clinical testing, we studied AGI-1067 in seven Phase I clinical trials in more than 150 men and women, including healthy volunteers and patients up to the age of 85 to assess
tolerability and potential for interaction with other drugs. In the course of these seven studies we have given AGI-1067 in combination with other drug classes commonly used in patients with atherosclerosis. In these seven clinical trials, six of which we conducted under the Investigational New Drug Application for cholesterol lowering, some subjects reported mild nausea during the first few doses of AGI-1067, but the nausea abated while they continued to take the drug. Overall, subjects tolerated AGI-1067 well, with no dose or use-limiting
side effects. These clinical trial results, which showed that patients tolerated AGI-1067 well alone and in combination with other drugs, supported our progress
to Phase II clinical trials.

We are presently conducting a Phase II clinical trial in Canada to assess the tolerability and efficacy of AGI-1067 as an agent to prevent post-angioplasty restenosis. We opened our Canadian Investigational New Drug Application in April 1999 for AGI-1067 as an agent to prevent post-angioplasty restenosis. The Canadian Antioxidant Restenosis Trial, called CART-1, is a multi-center, randomized, double-blind, safety and efficacy dose-ranging study, comparing AGI-1067 with placebo and an active control in patients with
established coronary artery disease who undergo elective angioplasty. We plan to dose approximately 300 patients for six weeks and follow them for a total of six months. During angiography performed six months after angioplasty, we will
assess the efficacy of AGI-1067 by measuring directly the diameter of the opening of the treated coronary artery. We enrolled the first patient in CART-1 in September 1999 and the trial is ongoing at four Canadian centers of excellence in interventional cardiology. An independent data and safety
monitoring board reviews patient data periodically to ensure the continued safety of enrolled patients.

We have formed a joint management committee with Schering-Plough to oversee all aspects of development and commercialization of AGI-1067. The committee consists of equal numbers of AtheroGenics and Schering-Plough representatives. Under direction of the joint management committee, we expect to manage further clinical, pre-clinical and chemical development work for AGI-1067.
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BTW, the previous post concerned Sanofi's drug.

Wilder
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