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Biotech / Medical : Indications -- Asthma/Allergy

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To: nigel bates who wrote (29)5/1/2002 3:35:49 PM
From: keokalani'nui   of 86
 
Tanox, Inc. Announces Positive Preliminary Results in Peanut Trial
HOUSTON, May 1 /PRNewswire-FirstCall/ -- Tanox, Inc. (Nasdaq: TNOX - news) today announced positive preliminary results in its Phase 2 peanut allergy clinical trial involving TNX-901. The trial involved 84 patients in 4 dose groups, (0, 150, 300, and 450mg). TNX-901 is an anti-IgE antibody being developed by Tanox to provide protection against reactions to accidental peanut ingestion by individuals with peanut allergy. The primary endpoint, based on an increase in symptom threshold to peanuts by oral food challenge, was met with statistical significance. Further studies are being planned. "Peanut allergy is a growing problem, and we are excited that we may have a method of protecting people from the life-threatening risks of accidental peanut exposure," said Nancy Chang, CEO of Tanox. The detailed results of the study will be published in a medical journal or presented at a medical conference later this year.
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