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: nigel bates3/31/2005 8:08:11 AM
  Read Replies (1) of 566
 
Rigel Completes Phase I Clinical Trial of R406 in Rheumatoid Arthritis
Thursday March 31, 7:00 am ET
- Initial Data Demonstrates Safety of R406 and Generates Useful Biomarker Data

SOUTH SAN FRANCISCO, Calif., March 31 /PRNewswire-FirstCall/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL - News) today announced the completion of its Phase I clinical study of R406, an orally-delivered product candidate for the treatment of rheumatoid arthritis (RA), a chronic inflammatory disease which progressively destroys joint cartilage and bone. The Phase I study evaluated the safety and pharmacokinetics of R406. Based on the preliminary results of the study, R406 was well tolerated at the dose levels that Rigel plans to use moving forward. The study also generated valuable pharmacokinetic/pharmacodynamic data establishing a strong correlation between R406 plasma levels and the inhibition of its target. This data will be helpful in guiding the future development of R406.

The study at Guy's Drug Research Unit (GDRU) in London, England was conducted in two sequential parts. The first was a placebo-controlled, escalating single-dose human safety/pharmacokinetic clinical trial that included 35 volunteers. This was followed by a placebo-controlled, multiple- dose human safety clinical trial with an additional 24 volunteers. Based on the trial's favorable safety data, Rigel believes that it can enter into broader, longer-term safety and efficacy trials with R406 for the treatment of RA.

"R406 is a fundamentally new approach to potentially halting the progressive destruction of bone and cartilage caused by RA," said Elliott B. Grossbard, M.D., Rigel's Senior Vice President of Medical Development. "We believe today's safety and biomarker results are a promising and important milestone in the development of this potential novel, orally-delivered, and potent disease-modifying anti-rheumatic drug (DMARD) -- one of very few in development."

Future Plans

Based on the results of this study, Rigel intends to initiate a Phase I/II safety clinical trial of R406 for patients with RA, in the second half of 2005. Additionally, upon completion of the final statistical analysis of the results of the Phase I clinical study, Rigel expects to release further details of the clinical trial later this year as part of a scientific presentation of the study.

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. Approximately 2.1 million Americans suffer from this debilitating condition.

The current treatment options for RA have significant potential side effects and other shortfalls, including gastrointestinal complications and kidney damage. RA patients currently receive multiple drugs depending on the extent and aggressiveness of the disease. Most RA patients require some form of DMARD -- including methotrexate, an anti-cancer agent or the TNF-blocking agents such as Enbrel(TM). 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 the course of the disease, preventing its progression prior to major bone and cartilage destruction; this is the product goal for R406.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext