[PFE] Inhale Reports Beginning of Phase III Trials for Inhaled Insulin
Business Wire November 10, 1998, 1:46 p.m. PT
Business Editors and Health/Medical Writers
SAN CARLOS, Calif.--(BW HealthWire)--Nov. 10, 1998--Inhale Therapeutic Systems, Inc. (Nasdaq:INHL) today reported that Pfizer Inc.(NYSE:PFE) announced the beginning of Phase III clinical trials to test the systemic delivery of insulin through the lungs using Inhale's pulmonary delivery system.
Phase III trials were kicked off with an investigators meeting held Nov. 7-9, and will be followed with recruitment, enrollment and dosing of patients. The trials are projected to include Type 1 and Type 2 diabetics at 117 sites.
Inhale and Pfizer have been developing a pulmonary delivery system for insulin to address the need for a non-invasive delivery system. Phase II results have demonstrated that inhaled insulin is as effective as regular injectable insulin and that addition of inhaled insulin produces significantly better control for patients not well-controlled on oral agents. The Phase III trials will further evaluate clinical efficacy and safety within an expanded patient population at geographically dispersed clinical study sites.
"We believe that pulmonary insulin could provide a major improvement in therapy for diabetics. The initiation of the Phase III clinical trials, combined with the recent agreements between Pfizer and Hoechst, are important steps as we move toward commercialization," said Robert Chess, Co-CEO of Inhale.
Pfizer recently announced worldwide agreements with Hoechst Marion Roussel AG to co-develop and co-promote the inhalable insulin product based on Inhale's pulmonary delivery system. Inhale will use recombinant insulin supplied by Hoechst Marion Roussel for producing the dry powder insulin for Phase III trials.
Inhale's pulmonary delivery system administers fine, dry aerosol powders to the deep lung. From the deep lung, the aerosolized insulin is transported through the lung tissue to the bloodstream for systemic distribution.
Inhale, located in San Carlos, Calif., is developing pulmonary delivery systems to enable a range of drugs, including peptides and proteins, to be delivered by the pulmonary route for systemic and local lung indications. The company has six drugs in human clinical trials using its delivery system and has feasibility and development partnerships with several pharmaceutical, biotechnology, and medical technology companies, including Pfizer, Lilly, Baxter and Centeon.
This release contains forward-looking statements that reflect management's current views as to the company's collaborative arrangements, clinical trials, product developments, manufacturing scale-up, and other future events and operations. These forward-looking statements involve uncertainties and other risks that are detailed in Inhale's reports and other filings with the SEC, including its Form 10-K for the year ending Dec. 31, 1997. Actual results could differ materially from these forward-looking statements.
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CONTACT: Inhale Therapeutic Systems, Inc.
Joyce Strand, 650/631-3138
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: PHARMACEUTICAL MEDICINE PRODUCT
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