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Biotech / Medical : Biotech failure, 2002

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To: Miljenko Zuanic who started this subject12/19/2002 10:50:23 AM
From: tuck   of 130
 
>>BOTHELL, Wash.--(BUSINESS WIRE)--Dec. 19, 2002-- ICOS Corporation ("ICOS")(Nasdaq:ICOS - News) today announced that an Independent Data Monitoring Committee (IDMC) recommended that the Phase 3 study of Pafase® (recombinant human platelet-activating factor acetylhydrolase) in severe sepsis be concluded following an interim analysis that failed to demonstrate clinical benefit. The primary efficacy endpoint was 28-day all cause mortality. The analysis included results from over 1,250 patients in the COMPASS (COntrolled Mortality trial of Platelet-Activating factor acetylhydrolase in Severe Sepsis) clinical study. As a result of the IDMC recommendation, ICOS is halting patient enrollment in the clinical study and will discontinue further work on Pafase.<<

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Cheers, Tuck
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