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Biotech / Medical : INHL - Inhale Therapeutics - Pulmonary Insulin!

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To: dwc who wrote (178)2/2/2001 10:23:17 AM
From: deeno  Read Replies (1) of 225
 
any personal insights?

nhale Thera Sees 8 -9 Products In Clinical Tests In 2001
01/31 15:36 (DJ)
Story 6785 (AVE, BGEN, INHL, LLY, PFE)

By Beth Mantz

Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--Inhale Therapeutic Systems Inc. (INHL) expects to have
eight or nine products in clinical testing during 2001, Chairman Robert Chess
said at the U.S. Bancorp Piper Jaffray Healthcare Conference Wednesday.

The addition of four to five new early-stage human tests to its current clinical
programs further demonstrates Inhale Therapeutic's flexible platform for creating
its own versions of current drugs. The ultimate success of these drugs could
bring a portion of the $15 billion market of macromolecule drugs into Inhale
Therapeutic's coffers.

The company has developed several ways to form powder out of large-size molecules
that are currently injected or swallowed. It has also created three devices that
can deliver this powder so the medicine can be inhaled, channeled through the
lungs and absorbed into the body.

Such flexibility enables Inhale Therapeutic to target several disease areas and
team up with certain drug makers to capture existing market share for current
injectible and oral drugs, as well as to add those patients who are either not
currently or insufficiently treated.


Inhale Therapeutic could see its most advanced drug candidate, inhaled insulin,
filed for marketing approval by its development and commercial partners Pfizer
Inc. (PFE) and Aventis SA (AVE) this year.

In addition, Inhale Therapeutic has partnered with Biogen Inc. (BGEN) to develop
an inhaled version of multiple-sclerosis treatment Avonex. It also is working
with Eli Lilly & Co. (LLY) to create an inhaled version of osteoporosis drug
Forteo, and with Aventis Behring on an inhaled form of Alpha-1 for genetic
emphysema.

- By Beth Mantz, Dow Jones Newswires; 201 -938 -5287

(END) DOW JONES NEWS 01 -31 -01
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