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Biotech / Medical : Biotech Lock-Up Expiration Hell Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: Biomaven who wrote (46)5/26/2001 1:11:52 PM
From: tuck  Respond to of 1005
 
Peter,

>>Neither PTIE or POZN is as sexy as say KOSN<<

There is no sex in Hell.

Thanks, will add them indeed. Your comment regarding the FDA not being keen on combos was interesting. Now that I think about it, I don't recall seeing any approved combos outside of oncology. It's not like I have your breadth of awareness in this area, so that doesn't mean much.

Meanwhile, the SI portfolio management interface has developed a strange quirk. It thinks our most successful company -- ITMN -- is bankrupt. It keeps adding an E to it. I've changed it back, deleted it entirely and added it back again, all to no avail. Time for a polite hate email to SI tech support, I guess.

Cheers, Tuck



To: Biomaven who wrote (46)5/26/2001 6:22:31 PM
From: hmpa  Read Replies (2) | Respond to of 1005
 
re.POZN
<<MT 100 is our proprietary product candidate that combines metoclopramide hydrochloride, a commercially available agent that relieves nausea and enhances gastric emptying, and naproxen sodium, a commercially available anti- inflammatory and analgesic agent.>>
I just don't understand how the company plans to sell enough of the combination of two generic drugs to justify its even relatively moderate market cap. Profit margins on generics are razor thin, and if they try to boost the combo price over the individual components' sum, every pharmacy benefits manager will start substituting their one pill with two separate ones.
The rest of the product line looks more or less the same, MT400 is actually the combo of triptan (licensed from Roche) with NSAID.



To: Biomaven who wrote (46)6/11/2001 2:06:14 PM
From: tuck  Read Replies (1) | Respond to of 1005
 
Peter,

This has interesting implications for POZN, no?

>>SPRINGFIELD, Mo.--(BW HealthWire)--June 11, 2001--Many headache sufferers may be treating the wrong problem, according to research presented at the recent American Academy of Neurology Meeting in Philadelphia. This has significant implications for patients as well as the pharmaceutical industry, insurers and managed care organizations.

Fully 97 percent of patients who said they suffer from sinus headache actually had symptoms consistent with migraine, according to research conducted at Headache Care Center, Springfield, Missouri. ``We initiated this study after seeing many patients in our clinic who complained of sinus headache, but who also had symptoms of migraine,'' said neurologist and researcher Curtis P. Schreiber, M.D. ``Many of these patients consequently responded very well to migraine-specific treatments.''

Researchers found that more than half (57 percent) of the patients enrolled in the study were dissatisfied with their current treatment. Of course, not all pain and pressure in the sinus cavity is migraine, and patients with obvious signs of contagious bacterial infection were excluded from the study. Clearly, those who actually have migraine masquerading as sinus may benefit greatly from accurate diagnosis. Accurate diagnosis leading to proper medication could actually lower treatment costs.

On their own, patients may have a hard time distinguishing between the symptoms of migraine and sinus, said Schreiber, who co-authored the study with renowned headache specialist Roger K. Cady, M.D. Both sinus and migraine headache can cause sinus symptoms and nasal drainage. Both may be brought on by changes in weather or seasons.

``Many patients presume that their symptoms are caused by problems with the sinuses themselves,'' said Schreiber. ``Actually, the trigeminal nerve may have become inflamed. Migraine causes inflammation of nerves and blood vessels in the head, and the trigeminal nerve has branches in the forehead, cheeks and jaw as well as in the covering of the brain. An inflammation of the lower branches of this nerve may cause sinus symptoms to predominate at the start of the headache.''

This new data can help physicians treat patients with migraine-specific medications called triptans. Even though these patients experience migraine pain, 42 percent do not believe their headaches warrant medical attention. Pharmaceutical research has made great strides since the first triptan medication was released in 1993; to date the Food and Drug Administration has approved seven triptan forms.

For the sinus study, researchers recruited 30 community members aged 18-65. They had self-described sinus headache and had never been diagnosed with migraine. The subjects also reported at least six headache attacks within the previous six months and experienced one or more symptoms of migraine such as moderate to severe head pain, sensitivity to light or sound and nausea or vomiting.

Results of this study indicate a need for more research. Headache Care Center is affiliated with Primary Care Network, Inc., a family of companies that provide medical education, research, implementation and information technology to the pharmaceutical and managed care industries. Primary Care Network members receive education that helps them better manage chronic disorders in the primary setting. Network members are continuing to gather data for the study.

For more information about this study:

Kathy Habegger
417-886-2026 ext. 243
Primary Care Network
1230 East Kingsley
Springfield, MO 65804
Khabegger@primarycarenet.org<<

Cheers, Tuck



To: Biomaven who wrote (46)6/13/2001 2:30:36 PM
From: tuck  Read Replies (2) | Respond to of 1005
 
Stefaan, in consultation with an anesthesiologist friend, offers some thoughts on PTIE. Thanks, fellas!

>>1/ very big market
2/ However you're not going to counter addiction and tolerance.
3/ There is already such a product on the market (valtran) Problem is that above a certain dose upping the dose doesn't give any benefit.
4/ Opiates have 2 major side effects:
constipation, dose related; and permanent
nausea, temporary.
So one could alleviate only constipation.
5/ Problem is that there is a fairly wide variance in individual response to nalaxone.

Stefaan closes by saying he's not super optimistic about the stock and has only a small position, but knows "very intelligent people" who are also looking at it.

If I misquoted anybody, stefaan, speak up.

My trigger finger is getting itchy on DPII. Within 1/4 point of target. MCLS news is nice and it's good to see the stock hold up. It is not the news I am looking for: deals. Holding on in spite of enormous temptation to book a big one.

Cheers, Tuck



To: Biomaven who wrote (46)8/26/2001 2:49:37 PM
From: tuck  Read Replies (1) | Respond to of 1005
 
Peter,

A little support for the NSAID/triptan combo for migraine, via MedScape (registration required). A reminder to the masses: BLUE HP candidate POZN's MT400 is this combo.

medscape.com

Cheers, Tuck



To: Biomaven who wrote (46)3/15/2002 10:25:19 AM
From: tuck  Read Replies (2) | Respond to of 1005
 
>>SOUTH SAN FRANCISCO, Calif., March 15 /PRNewswire-FirstCall/ -- Pain Therapeutics, Inc. (Nasdaq: PTIE - news), a medical research company, today presented new data on its two novel opioid painkillers, OxyTrex(TM) and MorViva(TM), at the 21st Annual Scientific Meeting of the American Pain Society in Baltimore, Maryland.

``The Company's new data present an intriguing challenge to the conventional view that opioid therapy is necessarily tied to drug dependence and tolerance,'' said Grant Schoenhard, Ph.D., Pain Therapeutics' chief scientific officer. ``In conjunction with our academic collaborators, today we presented comprehensive animal data showing that chronic doses of oxycodone and morphine need not necessarily be associated with opioid tolerance, dependence or withdrawal.''

The Company presented two technical posters today at The American Pain Society meeting:

"OxyTrex(TM), a Novel Formulation of Oxycodone, Shows Absence of
Tolerance, Physical Dependence and Naloxone-Precipitated Withdrawal
Effects in Mice," and

"MorViva(TM) Reverses and Prevents Morphine-Induced Tolerance and
Naloxone-Precipitated Withdrawal In Mice Chronically Treated with
Morphine."

Study Abstracts

Oxycodone is a widely used opioid painkiller chemically related to morphine. With repeat use, the development of tolerance and physical dependence is an often-observed feature of all opioid drugs. Pain Therapeutics is developing an alternative drug to oxycodone called OxyTrex(TM), and an alternative drug to morphine called MorViva(TM). The Company believes these two proprietary drugs offer minimal opioid tolerance and physical dependence following chronic administration. Investigators recently conducted two pre-clinical experiments to test this hypothesis.

In the first experiment, two groups of healthy mice were given chronic doses of either morphine or MorViva(TM) over ten days. As expected, mice that received morphine quickly became tolerant to the drug and no longer responded to a standard assay of analgesia by day three. Mice that received MorViva(TM), however, did not show drug tolerance; these mice showed a continuous analgesic response during the entire seven day study (p<0.01). Furthermore, when morphine tolerant mice were switched over to MorViva(TM), these mice showed an analgesic response without subsequent redevelopment of tolerance (p<0.01). These results demonstrate the ability of MorViva(TM) to prevent and to reverse opioid tolerance in laboratory animals after chronic treatment.

In the second experiment, two groups of healthy mice were given chronic doses of either oxycodone or OxyTrex(TM) over seven days. Mice that received oxycodone quickly developed drug tolerance. In contrast, mice that received OxyTrex(TM) showed an absence of opioid tolerance. In addition, OxyTrex(TM) was more potent than oxycodone over the entire duration of the study.

At the end each study mice were given naloxone to reverse the effects of both oxycodone and morphine. Mice that had been receiving oxycodone or morphine went into a classic opioid withdrawal behavior, indicating the presence of physical dependence. Mice that had been receiving OxyTrex(TM) or MorViva(TM) did not do so, indicating the absence of physical dependence (p<0.01).

The results of these pre-clinical experiments indicate the Company's OxyTrex(TM) and MorViva(TM) drugs:

Do not result in analgesic tolerance (p<0.01)
Are more potent than oxycodone and morphine, respectively (p<0.01)
Remain efficacious longer than oxycodone and morphine, respectively
(p<0.01)
Prevent withdrawal behavior, indicating the lack of physical dependence (p<0.01)
The Company's scientific posters will be available on its website, www.paintrials.com.

About Opioid Painkillers

Opioid (``narcotic'') painkillers are drugs derived from opium and the poppy plant. The clinical use of opioid drugs to treat severe pain is widely accepted throughout the world. In the United States, opioid drugs exceed $3 billion in annual sales and account for over five percent of all prescription drug sales. Despite widespread use, opioid painkillers have debilitating effects that limit their usefulness at all doses. Chronic use may lead to tolerance, dependence, abuse, or, more rarely, addiction. As a result, some patients prefer to suffer through pain rather than endure the ill effects of opioid drugs. The under-treatment of pain is a serious and growing problem in the U.S. For example, according to the National Institutes of Health, over 40 million Americans are unable to find relief from their pain.<<

Although safety data is good, pain is not a life threatening condition; thus I wouldn't expect the FDA to be overly or underly (vocabulary police are hammering my door with a battering ram) critical. OTOH, the p numbers imply a slight lack of certainty (another zero after the decimal would be nice, but perhaps this is as good as it gets for behavioral data?), and the stock is off about 5% as I type.

Cheers, Tuck