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Biotech / Medical : Abgenix, Inc. (ABGX)

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From: John McCarthy12/13/2005 7:43:10 AM
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CURAGEN Announces Preliminary Top-line Phase II Results on Velafermin
Tuesday December 13, 7:00 am ET
-- Conference call scheduled for 11:00 a.m. EST to discuss results --

BRANFORD, Conn., Dec. 13 /PRNewswire-FirstCall/ -- CURAGEN Corporation(Nasdaq: CRGN - News) reported today preliminary top-line results from its Phase II randomized, placebo-controlled clinical trial evaluating a single-dose of velafermin for the prevention of oral mucositis (OM) in patients receiving high-dose chemotherapy, with or without total body irradiation, prior to autologous bone marrow transplantation. Analysis of this dose-ranging study showed a reduction in oral mucositis incidence in one of the three velafermin dose arms compared to placebo, although the primary endpoint, as evaluated by a predefined dose trend analysis did not reach statistical significance. Preliminary analysis of the 30-day safety results indicates that velafermin appears to be safe and well-tolerated in this severely ill patient population.

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