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Biotech / Medical : IGT ((VSE:IGT) Blockbuster Anti-Cancer Test Results !!!

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To: Spiney who wrote (83)5/30/2000 1:44:00 PM
From: Spiney  Read Replies (1) of 94
 
News!!!
I missed the mark...but I'll take it!

IGT Pharma animal study results encouraging

IGT Pharma has received results from a recent animal study that may lead to
new hope for stroke victims. Conducted under contract at the National
Research Council, the results demonstrate that IGT440103 provided
significant protection to living brain cells subjected to the conditions of
stroke. In direct comparison with the accepted research standard, IGT440103
was up to 30 times more potent in achieving equivalent therapeutic results.
Stroke is the third leading cause of death in North America where 50 per
cent of victims are left with long-term disabilities, Dr. Kenneth Curry,
IGT's chief scientific officer, states: "Stroke occurs when normal blood
supply to a portion of the brain is interrupted. About 80 per cent of
strokes are caused by blood clots." Dr. Curry went on to say: "Available
treatments can be used safely by only 5 per cent of stroke victims.
Furthermore, the treatment falls short by only attempting to dissolve the
clots in order to re-establish blood supply. IGT440103 appears unique in
its ability to minimize the brain damage which occurs after the stroke."
The estimated market size for stroke drugs could exceed several billion
dollars per year.
This new drug is the first in a series of novel amino acid derivatives that
IGT has designed to act specifically in the brain. This is accomplished by
targeting a recently discovered receptor system, the mGluRs (metabotrople
glutamate receptors), that modulate and balance brain function. The
advantage of this strategy is that IGT is capable of designing highly
potent drugs that interact only with the mGluRs, thus eliminating the side
effects associated with many currently used neurological drugs. IGT is
acknowledged as a world leader in the discovery of drugs that target the
mGluR system.
Building on these recent results, IGT will embark on a comprehensive study
to further confirm and expand on the therapeutic potential of IGT440103 for
the treatment of stroke and other brain diseases. IGT currently has six
other patented drug concepts under investigation relating to conditions
such as anxiety, schizophrenia, epilepsy and drug dependence.
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