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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM)

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From: Ian@SI5/31/2006 9:18:07 PM
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A bit of somewhat unexpected good news. Have all MLNM's fan deserted it???

08:02 ET Millennium Pharm announces MLN1202 fully met primary endpoint in Phase II clinical study of patients at high Rrsk for atherosclerosis (MLNM) 8.14 :Co announces positive top-line results from the co's randomized, double-blinded, placebo-controlled Phase II clinical trial of MLN1202, a novel humanized monoclonal antibody that specifically targets the CCR2 chemokine receptor, in patients at high risk for atherosclerotic cardiovascular disease. Preliminary analysis showed that MLN1202 was well tolerated and fully met its primary endpoint of a significant reduction in C-Reactive Protein levels, an inflammatory biomarker associated with atherosclerosis, for months after a single dose of MLN1202. These results were statistically and clinically significant relative to the placebo control arm. No serious adverse events were observed in patients exposed to MLN1202. Trial results are expected to be submitted for presentation at a medical meeting.
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