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Biotech / Medical : NEORX(nerx)

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To: SemiBull who wrote (648)5/20/2002 7:58:13 PM
From: SemiBull   of 661
 
NeoRx Pretarget Lymphoma Product Well Tolerated In Phase I

SEATTLE -(Dow Jones)- Data from a phase I clinical study indicated that NeoRx Corp.'s pretarget lymphoma therapy was well-tolerated in patients with non-Hodgkin's lymphoma and may provides a means to deliver higher doses of radiotherapeutic to tumor cells.

In a press release Monday, the cancer therapeutics company said the Food and Drug Administration requested that it complete a 90-day follow-up on all patients treated to date.

The FDA will review the data and any related matters before NeoRx conducts additional studies on pretarget lymphoma.

The phase I clinical trial involved 15 non-Hodgkin's lymphoma patients who were heavily pretreated and had failed prior therapies.

Two patients achieved a complete response, and two achieved a partial response, resulting in an overall response rate of 36%. Two patients who had undergone previous multiple bone marrow-suppressive therapies. A third patient was hospitalized for gastrointestinal complications, subsequently resolved.

Shares of NeoRx traded recently at $2.53, up 8 cents, or 3.2%, on Nasdaq volume of 53,600 shares. Average daily volume is 54,635 shares.

Company Web site: neorx.com
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