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Biotech / Medical : Samaritan Pharma (AMEX:LIV)

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To: Larry Dambra who started this subject8/31/2004 11:29:31 AM
From: Larry Dambra   of 3
 
Company Profile from BusinessWire as of 8/27/04

Samaritan Pharmaceuticals is working to ensure a longer and better life, for patients suffering with AIDS, Alzheimer's, cancer and cardiovascular disease. Samaritan is an innovation-driven biopharmaceutical, with a clear focus on advancing innovative drugs through clinical development to become commercially valuable compounds.

Samaritan has in-licensed 12 innovations from Georgetown University and is concurrently advancing four drug programs: SP-01A (HIV) clinical trials; SP-10 (HIV) preIND status; SP-233 (Alzheimer's) preIND status; and SP-1000 (cardiovascular) animal studies; along with an STTR NIH grant to develop a simple blood test to diagnose Alzheimer's.

Samaritan's proprietary HIV drug SP-01A is the closest to commercialization. SP-01A appears to be an oral, "Entry Inhibitor" drug that works by blocking the HIV virus' ability to infect a cell. Encouraging data from its FDA Phase I/II trial, suggests SP-01A as a promising drug for patients experiencing "drug resistance."
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