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Biotech / Medical : AMLN (DIABETES DRUGS)

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To: Kushi Kullar who wrote (387)8/15/1997 10:20:00 PM
From: tonyt   of 2173
 
It's what the market was looking for. With this release one week after Clintons new Diabeties initiative, I'd expect widespread media coverage.

The summary says it all:

"In our view, the results of these initial Phase III studies are consistent with the growing body of preclinical and clinical data on the potential for amylin replacement therapy," said Maurizio Denaro, M.D., Amylin Pharmaceuticals' Executive Vice President and Chief Technical Officer. "We believe that when used in conjunction with insulin, pramlintide will help many patients with diabetes to achieve better control of metabolic functions, including lower blood glucose concentrations (without increased hypoglycemia) and improved weight control and cholesterol profiles. Pramlintide's excellent safety and tolerability profile appears to be consistent with the concept of replacing the actions of a naturally occurring human hormone with an analog to achieve highly selective efficacy for metabolic control."
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