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Biotech / Medical : Cell Therapeutics (CTIC)
CTIC 9.0900.0%Jun 26 5:00 PM EST

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To: tuck who wrote (195)3/16/2004 5:58:25 PM
From: Icebrg  Read Replies (1) of 946
 
Bad timing ?

09.03.2004 11:49
GPC Biotech stellt Entwicklung von Bryostatin ein

München/Frankfurt (vwd) - Die GPC Biotech AG, Martinsried, hat die Entwicklung der beiden Medikamenten-Kandidaten Bryostatin-1 und Bryologs eingestellt. Für Bryostatin-1 sei bislang kein Verabreichungsschema gefunden worden, das eine Wirksamkeit des Präparats ohne akzeptable Nebenwirkungen ermöglicht hätte, teilte Vorstandsvorsitzender Bernd R. Seizinger am Dienstag in Frankfurt mit. Auch der Wirkstoff Bryologs habe keine ausreichende Wirksamkeit gegen Tumoraktivitäten gezeigt.



On its pipeline, GPC Biotech said it has decided to discontinue development of Bryostatin-1, a therapeutic oncology compound. GPC in-licensed Bryostatin-1 from Arizona State University in 2001.


This is a little bit strange as there are a fair number of NCI-sponsored trials ongoing for the drug. I suppose that CTIC would be happy to in-lincense this drug if it is available.

Erik
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