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Biotech / Medical : Vion (formerly Oncorx) interesting play on Gene Therapy -- Ignore unavailable to you. Want to Upgrade?


To: Jim Oravetz who wrote (224)2/20/2001 12:38:48 PM
From: Jim Oravetz  Read Replies (3) | Respond to of 370
 
Vion Pharma To Proceed With Anticancer Pdt Phase I Trial
Dow Jones Newswires

NEW HAVEN, Conn. -- Vion Pharmaceuticals Inc. (VION) said it will begin a Phase I clinical trial of its cancer-fighting agent, VNP40101M, in about two months.

In a press release Tuesday, the company said the trial will enroll 20 to 30 patients and will assess the product's safety and maximum dosage.

Vion said preclinical studies have shown the agent to be effective at fighting tumors and penetrating the blood brain barrier in mice. Many anticancer agents have difficulty penetrating the brain, a common location of tumors and metastases.

Shares of Vion, a biopharmaceutical company, recently traded $6.31, down 63 cents or 9%, on volume of 50,400 shares. Average daily volume is 212,367 shares.

Company Web site: vionpharm.com