IGT'S NEW CANCER DRUG, ANHYDROVINBLASTINE, PRESENTED AT THE 89TH ANNUAL MEETING OF THE AMERICAN ASSOCIATION FOR CANCER RESEARCH
VANCOUVER, May 7 /CNW/ - IGT Pharma Inc. VSE Trading Symbol: IGT
A poster presentation featuring the unique therapeutic profile of the new cancer drug, Anhydrovinblastine (AVLB) was made at the 89th Annual Meeting of the American Association for Cancer Research in New Orleans, April 1, 1998. Pre-clinical studies conducted at the B.C. Cancer Agency in Vancouver using Anhydrovinblastine (AVLB), IGT's patented anti-cancer drug, have shown excellent preliminary results in reducing tumors relating to human lung cancer and human cervical cancer. In a twenty three day comparative ''in vivo'' study it was found that lung cancer tumors of human origin implanted and grown in SCID/Rag-2 mice and subsequently treated with AVLB were 7 times smaller than those treated with Navelbine(TM), Glaxo's approved anti-cancer drug. In another similar study, it was found that AVLB was able to delay the growth of human cervical cancer tumors in mice for the entire duration of the study and, 20 days after administration of the drug, the tumors were essentially too small to be accurately measured. At the end of the 75 day study, the tumors treated by AVLB remained smaller than at the commencement of the study and were 10 times smaller than those treated with Navelbine(TM). The study further concluded that AVLB had less drug associated toxicity than Navelbine(TM), thus further enhancing its therapeutic profile. Currently, the Investigational New Drug Application (IND) is being prepared for submission to the regulatory authorities and Phase 1 human clinical trials are scheduled to begin in the summer of this year at the B.C. Cancer Agency. IGT Pharma Inc. is a Vancouver based bio-pharmaceutical company focused on the evolution of synthetic chemistry to provide new drug therapies to the major oncology and neurology markets. Its subsidiary, Precision Biochemicals Inc., is an established supplier of custom chemicals and contract manufacturing, to the North American chemical and pharmaceutical markets.
On behalf of the board of directors of IGT Pharma Inc.
per: Bruce Schmidt, President
The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the accuracy of this News Release.
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For further information: Bruce Schmidt, President (604) 822-3503 or 1-800-743-7444 or Web Site: igtpharma.com
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