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Biotech / Medical : Biotransplant(BTRN)
BTRN 35.92-0.7%Oct 29 4:00 PM EDT

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To: trevor john wilkinson who started this subject8/30/2004 9:19:40 AM
From: scaram(o)uche   of 1475
 
Medimmune stops arthritis and psoriasis trials
Monday August 30, 9:14 am ET

CHICAGO, Aug 30 (Reuters) - MedImmune Inc. (NasdaqNM:MEDI - News) on Monday said it halted clinical trials of its drug Vitaxin for rheumatoid arthritis and psoriasis, blaming a lack of benefits seen with the experimental treatment.
The Gaithersburg, Maryland-based drug maker said no safety issues came up during the trial. It will continue to study the compound to treat cancer.
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