SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Rigel Pharmaceuticals, Inc. (RIGL)
RIGL 36.18-4.5%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: tuck12/21/2004 10:18:36 AM
   of 566
 
>>SOUTH SAN FRANCISCO, Calif., Dec. 21 /PRNewswire-FirstCall/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL - News) today announced that it has initiated a phase I clinical trial of R406, a product candidate for the treatment of rheumatoid arthritis (RA). The goal of this trial is to establish the safety and pharmacokinetics of R406.

The escalating single-dose, placebo-controlled clinical human safety trial will include 36 volunteers and will be followed by a multiple dose study including an additional 24 people. Results of the trial are expected by the second half of 2005 and, if favorable, will, allow Rigel to enter broader, longer-term safety and efficacy trials in patients suffering from RA, the chronic inflammatory disease that causes pain, swelling, loss of function in the joints and the destruction of bone and cartilage for nearly 2.1 million people in the U.S.

R406 is a novel, oral syk kinase inhibitor that blocks the activation of mast cells, macrophages and B cells that promote swelling and an inflammatory response. Data from preclinical studies indicate that R406 is effective across a broad spectrum of rodent arthritis models and was without obvious toxicities at doses above the anticipated effective dose.

"R406 has shown significant potential as a novel, potent and orally delivered disease-modifying anti-rheumatic drug (DMARD)," said Donald G. Payan, M.D., Rigel's Chief Scientific Officer and Executive Vice President. "R406 addresses multiple RA disease factors and is very selective, potentially providing greater efficacy and fewer and less severe side effects than currently available treatments."

"Rigel has developed a potentially new class of DMARD to complement and possibly replace some of the currently available agents," said Ernie Brahn, M.D., Professor of Medicine and Rheumatology Program Director at the UCLA School of Medicine. "Successful results in animal models with R406 showing that it prevented structural joint damage further underscore its potential as a novel treatment of RA."

Rheumatoid Arthritis: Current Treatments and Market Opportunity

Rheumatoid arthritis is a chronic inflammatory disease that affects multiple tissues, but typically produces its most pronounced symptoms in the joints. It is often progressive and debilitating, preventing people from living life symptom-free. Ultimately the chronic inflammation of joints leads to the destruction of the soft tissue and erosion of the articular surfaces of the bone.

The current treatment options for RA have significant potential side effects and other shortfalls, including gastrointestinal complications and kidney damage. RA patients receive multiple drugs depending on the extent and aggressiveness of the disease. Most RA patients require some form of DMARD-those include methotrexate, an anti-cancer agent or the TNF-blocking agents such as Enbrel. The TNF- blocking agents only inhibit the inflammatory mediator, TNF, and are all delivered via injection. Rigel believes that there is a significant opportunity for an oral, safe DMARD that can be used earlier in course of the disease, preventing its progression prior to major bone and cartilage destruction.

How R406 Works

R406 is a syk kinase inhibitor that has demonstrated inhibition of mast cell and B cell activation by both IgE and IgG, thus blocking inflammatory mediators, including TNF, various interleukins and other mediators. R406 has been shown to be effective in animal models of arthritis and appears to be well tolerated in preclinical studies. Rigel believes that R406 may become a first-line DMARD with greater efficacy, safety and improved delivery and patient compliance than injectable treatments, and thus may be used early in the course of the disease before significant bone and cartilage damage occurs.<<

snip

Cheers, Tuck
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext