PR Newswire, Wednesday, March 25, 1998 at 11:20
SEATTLE, March 25 /PRNewswire/ -- PathoGenesis Corp. (NASDAQ:PGNS) today announced that it has received a $100,000 Small Business Innovation Research Grant from the National Institute of Allergy and Infectious Diseases, a component of the National Institutes of Health. The grant will support research into anti-tuberculosis agents. "Every 15 seconds on average, someone somewhere dies of tuberculosis," said A. Bruce Montgomery, MD, executive vice president of research and development for PathoGenesis. "Research has been impeded by TB's slow growth rate and the need to test it under very strict laboratory containment. In fact, a new TB drug has not been approved in more than 25 years. However, we have developed new techniques for automated combinatorial chemistry and microbiological drug susceptibility testing that can significantly expedite TB drug discovery and development. The grant will help us move this project forward, and we hope, will result in promising new drug candidates to fight tuberculosis." Tuberculosis infects more than a billion people worldwide in its latent (inactive) form, and active tuberculosis kills more than two million every year. It has resurfaced as a significant threat in the developed world largely because of immigration from areas where latent tuberculosis is common. The infection can become active over time, especially in people whose immune systems are weakened by malnutrition, age, cancer or AIDS. Patients who develop active tuberculosis can spread the infection by coughing, resulting in "mini-epidemics." The problem is further exacerbated by the emergence of tuberculosis strains that are resistant to multiple front-line drugs. This drug resistance is caused largely by noncompliance, or patients not taking their medicine according to directions. Currently, active tuberculosis is treated with a regimen of at least three different drugs taken daily for a minimum of six months. Noncompliance occurs in part because of the drugs' side effects, such as severe gastrointestinal upset and hepatitis. An ideal new drug candidate for tuberculosis would improve compliance and prevent the rise of drug- resistant strains by shortening the length of therapy and reducing unpleasant side effects. PathoGenesis currently has two drug candidates in Phase II clinical trials of tuberculosis patients. An oral drug candidate, PA-1648 (rifalazil), is being tested in Brazil in collaboration with the National Institute of Allergy and Infectious Diseases Tuberculosis Research Unit at Case Western Reserve University, Cleveland. An inhaled antibiotic, TOBI(TM) (tobramycin solution for inhalation), is being studied in collaboration with San Francisco General Hospital. Results of the two trials are expected to be reported this year. PathoGenesis Corp. develops drugs for treating serious infectious diseases where there is a significant need for improved therapy. The company is currently developing drug candidates to treat chronic lung infections in cystic fibrosis and bronchiectasis patients, as well as tuberculosis infections. PathoGenesis is headquartered in Seattle and has additional facilities in Skokie, Ill.; Annandale, N.J.; and Brentford, Middlesex, U.K. Its stock is traded on the Nasdaq National Market System under the symbol PGNS. The company's Web site is located at www.pathogenesis.com.
This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause such a difference include, but are not limited to, uncertainties related to the company's dependence on TOBI, government regulation, the development of drug candidates, competition and pharmaceutical pricing. Further information regarding these and other factors is available in PathoGenesis' Annual Report on Form 10-K for 1996 and other documents filed with the Securities and Exchange Commission.
SOURCE PathoGenesis Corp. -0- 03/25/98 /CONTACT: Alan Meyer, 206-467-8100, or Maryellen Thielen, 847-583-5424, both of PathoGenesis Corp.; or Barbara Lindheim of Noonan-Russo, 212-696-4455, ext. 237/ /Web site: pathogenesis.com |