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

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To: Jim Oravetz who wrote (122)10/4/2001 1:48:35 PM
From: Jim Oravetz  Read Replies (1) of 138
 
FDA OKs Hollis-Eden Phase II Hepatitis B Drug Trial
Dow Jones Newswires

SAN DIEGO -- Hollis-Eden Pharmaceuticals Inc. (HEPH) received approval to begin a Phase II clinical trial of its immune regulating hormone product for the treatment of hepatitis B.

In a press release Thursday, the development-stage pharmaceutical company said the clinical study will evaluate the safety, tolerance, clinical and biological effects of HE2000 in young patients infected with the hepatitis B virus at Mt. Elizabeth Medical Centre in Singapore.

Company representatives weren't immediately available for further details.

The company is also testing the investigational drug as a treatment for malaria in Thailand.

Hollis-Eden shares recently traded at $7.25, up 22 cents or 3.1%, on Nasdaq volume of 6,900 shares. Average volume is 26,167 shares.

Company Web site: holliseden.com
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