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Biotech / Medical : Micrologix biotech

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To: checkmate who wrote (483)4/27/1999 6:16:00 PM
From: Robert Ling  Read Replies (1) of 792
 
good news....

Micrologix successfully completes Phase I clinical trial for the prevention of bloodstream infections

VANCOUVER, April 27 /CNW/ - Micrologix Biotech Inc.
Trading Symbol:
MBI (TSE/VSE)
MGIXF (US over the counter)

Micrologix Biotech Inc. is pleased to announce that it has successfully
completed a two-part Phase I human clinical trial of MBI 226, its lead Bactolysin drug candidate for preventing bloodstream infections in patients undergoing central venous catheterization. The study showed that MBI 226 is safe and well tolerated, eliminates 99.9% of bacteria commonly found on the skin and prevents bacterial growth on catheters. We will present these results to the United States FDA and intend to initiate Phase II clinical trials in the second half of this year.
The Centers for Disease Control and Prevention in Atlanta estimate that
in the US alone, 200,000 hospital patients contract bloodstream infections each year. Central venous catheters (CVCs) cause more than 90% of these infections, and on average, infected patients spend an additional 6.5 days in intensive care at a cost of $29,000. The associated mortality rate is high: up to 50,000 patients die annually from these bloodstream infections. As a result of the serious morbidity and mortality rates associated with these infections, the FDA announced in September 1998 that it is placing a high priority on supporting the development and approval of drugs to prevent and treat bloodstream infections. More effective means of prevention or treatment would save many lives and billions of dollars in health care costs in North America alone.
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