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Biotech / Medical : Biochem Pharma (BCHE)

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To: Jim Oravetz who wrote (666)10/21/1999 12:28:00 PM
From: Jim Oravetz  Read Replies (1) of 783
 
Biochem Pharma/Drug Devt -2: dOTC Has FDA Fast-Track Ok

LAVAL, Quebec -- BioChem Pharma Inc. (BCHE) expects to have nine drugs or vaccines in its development pipeline by year's end.

In a press release Tuesday, the biopharmaceutical company also said it expects to have 12 drugs and vaccines in varying stages of clinical development by the end of next year.

BioChem completed a Phase I/II trial of its anti-HIV drug called dOTC in HIV-infected animal subjects and observed toxicity in some animals.

The company said it is believed the toxicity is species-specific, but added that the company will delay the start of Phase II/III trials in humans until the species theory can be confirmed.

dOTC was granted fast-track status by the Food & Drug Administration, BioChem said.

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