SYNSORB Biotech Inc. Announces Outcome Of Interim Analysis of SYNSORB Pk Phase III                 Trial                 Wednesday, July 12, 2000 04:41 PM                                                                        Mail this article to a friend 
                  CALGARY, Alberta--(BUSINESS WIRE)--July 12, 2000--SYNSORB Biotech Inc. (Nasdaq:SYBB,                 news, msgs)(TSE:SYB.) today announced the outcome of an interim analysis of the SYNSORB Pk(R)                 Phase III trial, which was investigating the clinical efficacy of SYNSORB Pk(R) in preventing the                 progression to Hemolytic Uremic Syndrome (HUS) in children suffering from E. coli infections (including                 E. coli O157:H7). 
                  In the overall patient population of 526 children treated within 5 days of the onset of symptoms, the                 data showed a limited trend toward efficacy, and did not successfully meet the defined protocol                 objectives. 
                  However, approximately one third of the patients were treated within 2 days of the onset of their                 symptoms and data from this sub-group of 152 patients demonstrated a statistically significant                 (p<0.05) lower rate of HUS for SYNSORB Pk(R) compared to placebo. The rate of HUS was 7% for                 patients in the SYNSORB Pk(R) group compared to 17% for the placebo group. The risk reduction of                 developing HUS for SYNSORB Pk(R) relative to placebo was 59%. 
                  "We are very excited to see statistically significant clinical data for SYNSORB Pk(R) in this sub-group                 of children," said Dr. David Cox, President and CEO of SYNSORB. "The drug appears to offer                 substantial benefit to patients when treatment is started during the first 2 days of their symptoms.                 Given these results, we clearly need to consult with the regulatory authorities and other stakeholders                 to determine how we can best capitalize on this valuable data and take full advantage of this                 opportunity." 
                  An independent assessment of the interim results was performed by a Data and Safety Monitoring                 Committee (DSMC), comprised of third-party external reviewers. The DSMC confirmed the safety of                 SYNSORB Pk(R) and concluded that there were no ethical or scientific reasons which would suggest                 discontinuing the trial. However, given the findings in the sub-group, SYNSORB has determined that it                 would not be appropriate to continue recruiting patients in the current trial until the Company has                 engaged with the regulatory authorities to discuss options for concluding the program. 
                  If further recruitment of patients into the trial is deemed to be necessary, the Company may seek third                 party financial support. SYNSORB has consulted with existing marketing partners for SYNSORB                 Pk(R), Takeda Chemical Industries Ltd., Paladin Labs, Inc. and Tramedico International BV, all of                 whom agree with this strategy to determine the next course of action. 
                  Verotoxigenic E. coli (including E. coli O157:H7) is recognized as the fastest growing foodborne                 infectious disease in the world and is estimated to cause approximately 110,000 infections each year                 in the US. Sources of the infection include contaminated meat, fruit and vegetables, unpasteurized                 juice and milk, contaminated ground water, contaminated swimming pool water, and direct contact with                 infected people or animals. The disease is a leading cause of both acute and chronic renal                 insufficiency in children, and there is currently no treatment whatsoever for this disease, which can be                 fatal. 
                  SYNSORB Pk(R) is a drug designed to prevent serious complications associated with verotoxigenic E.                 coli (VTEC) infections (including E. coli O157:H7). A proportion of patients who become infected with                 E. coli will go on to develop Hemolytic Uremic Syndrome (HUS), a severe and sometimes fatal kidney                 disease. Children and the elderly are most likely at risk of developing HUS, which can lead to a lifetime                 of dialysis and other serious complications. SYNSORB Pk(R) has been granted Fast Track Product                 designation by the US FDA, which is only given to those products that are designed to treat serious,                 life-threatening conditions for which there is no satisfactory treatment. 
                  SYNSORB is a Canadian-based pharmaceutical company dedicated to drug development and                 manufacturing. In addition to SYNSORB Pk(R), the Company has a second Phase III product,                 SYNSORB Cd(R) which has also been granted "Fast Track" designation by the FDA. SYNSORB                 Cd(R) is a potential treatment for recurrent C. difficile antibiotic associated diarrhea (CDAD), a common                 hospital acquired infection. SYNSORB has built a cGMP-compliant manufacturing facility that has the                 capacity to meet or exceed the expected global demand for the Company's products. A pipeline of                 future products is accessible through SYNSORB's carbohybrid program. |