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Biotech / Medical : Hollis Eden Pharmaceuticals Inc. (HEPH)

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To: greedsgd_2000 who wrote (109)9/15/2000 12:31:15 PM
From: Jim Oravetz  Read Replies (1) of 138
 
Hollis-Eden Pharmaceuticals Inc. (HEPH) received approval to begin Phase II testing with its lead investigational compound, HE2000, on falciparum malaria-infected patients in Bangkok, Thailand.

In a press release Friday, Hollis-Eden said preclinical testing suggested that HE2000 may be effective against malaria.

The development-stage pharmaceutical company hopes to provide a cost-effective drug that allows a patients' own immune system to control, delay or clear the disease.

The trial will evaluate safety, tolerability and activity of HE2000 in 21 patients infected with mild malaria, as well as decreases in parasitemia and any improvement in clinical symptoms.

The drug therapy will consist of a daily 100-milligram injection of HE2000 for seven consecutive days, followed by a three-week observation period.

Hollis-Eden is currently conducting Phase I/II trials with HE2000 in HIV-infected patients in the U.S. and South Africa.

In April, the company said preliminary results from Phase I/II HIV trials indicated HE2000 treatment had the potential to strengthen the immune system in HIV patients.

Shares of Hollis-Eden closed Thursday at $10.75, down 75 cents, or 6.5%.

Jim
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