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Biotech / Medical : idb/to..idbe/nas long term growth -- Ignore unavailable to you. Want to Upgrade?


To: keokalani'nui who wrote (63)1/15/2003 4:39:21 PM
From: MJ  Read Replies (1) | Respond to of 85
 
Aside from the "plague" contract and the rumors today----

There is one thing that comes into play here imo. There was on Yahoo ---- a recommendation given in Canada which would place the target for this stock at around $12.00 American dollars for the year. This is a Canadian company---so what happens in Canada will determine the price here.

The stock has spiked through the 6 to 7 level. Actually took quite sometime to build a base in the 6 area.

mj



To: keokalani'nui who wrote (63)2/12/2003 5:47:48 PM
From: tuck  Respond to of 85
 
>>VANCOUVER, Feb. 12 /PRNewswire-FirstCall/ - ID Biomedical announced today that preliminary data from the most recent clinical study of its FluINsure intranasal, non-live, influenza vaccine showed positive results with respect to both the safety and clinical efficacy endpoints of the study. Based on these results, the Company expects to take the FluINsure vaccine to a field efficacy study during the 2003 flu season.

In this "challenge" study, volunteers who were pre-selected for low titers of antibody to the challenge strain (A/Panama/2007/99, an A/H3N2 virus) were assigned, in a randomized and blinded manner, to three groups: one group receiving a single dose of FluINsure, one group receiving two doses of FluINsure, and one group receiving placebo. The study enrolled 75 volunteers, and of these, 67 were challenged with influenza (8 people either declined to undergo challenge or were excluded because they had signs of the common cold and could not be challenged). The clinicians conducting the study evaluated each individual for a variety of clinical signs of influenza, such as fever, respiratory illness, and systemic illness.

The results of the study show a clear trend of efficacy from placebo, to the one-dose, to the two-dose cohort. Among subjects who had been given placebo, 48% had influenza-like illness (defined by meeting criteria for any one of upper respiratory illness, lower respiratory illness, fever and/or other systemic symptoms). In the two-dose group, 19 of 22 volunteers (86%) met no illness criteria. This represents a 71.4% reduction in illness relative to placebo, which is statistically significant (p equals 0.043). Furthermore, FluINsure immunization resulted in complete elimination of all measures of systemic illness (100% protection against fever, headache, myalgia/arthralgia) in the two-dose group. In the one-dose group, the percentage of those meeting no criteria for influenza-like illness was less, and did not attain significant difference from placebo. However, analysis of a secondary endpoint reflecting upper respiratory illness severity, showed a statistically significant downward trend (p (equals 0.013) across both the one- and two-dose groups, with either active treatment group individually being significantly lower than placebo. In addition, relative to placebo, there was an approximate 40% reduction in systemic illness (fever, headache, myalgia/arthralgia) in the one-dose group.

Analysis of all the serum and mucosal antibody responses, as well as viral shedding data from this trial will be completed in Q2. The Company expects complete results of the study to be submitted for peer-reviewed publication later this year.

"There is a very encouraging and clear trend of efficacy. FluINsure achieved a statistically significant level of protection with the two-dose regimen. The level of protection achieved in this challenge trial suggests that FluINsure could be highly efficacious in our planned field study. The data from the one-dose cohort also participate in the positive trend and, although not statistically significant in this small study, certainly suggest the one-dose regimen was immunologically active and modified disease. Thus, further testing of both regimens is warranted." stated Dr. Louis Fries, ID Biomedical's Vice President of Clinical and Regulatory Affairs. "Considering that all the volunteers enrolled had non-immune levels of pre-existing antibody levels to the challenge stain and received a direct nasal inoculation with a high-titered virus suspension, these data provide great confidence in initiating a field study. In the field, of course, one would not expect an entirely naive population, nor are people likely to be exposed to as stringent a challenge."

"These results offer the first direct proof that FluINsure can protect people against influenza - the proof-of-principle was established." stated Dr. Anthony Holler, ID Biomedical's Chief Executive Officer. "With these positive findings, it is now prudent to advance FluINsure to a large, field efficacy study in the upcoming flu season." Holler added that based on the positive data of this trial and of immunogenicity data from previous trials, the Company will conduct, in Q2-Q3 of this year, a second challenge study to demonstrate protection using reduced dose levels and a trial using an advanced formulation suitable for field studies and for testing in a pediatric population. Both one and two dose regimens will be evaluated.

ID Biomedical will hold a live conference call at 1:45pm Pacific time
(4:45 pm Eastern) to discuss the results of this trial. To participate,
please call 1 (416) 695-7848.<<

snip

Cheers, Tuck



To: keokalani'nui who wrote (63)2/13/2003 10:20:08 AM
From: tuck  Read Replies (1) | Respond to of 85
 
ML, defending MEDI, feels that the fact that it takes two FluNsure doses for efficacy confers advantage to FluMist. If the advanced formulation gets it to one, then that advantage goes away, and the market for younger and older folks is still up for grabs, too. Further, if the design of the field study is any different, the one dose regimen still has a chance. Still, that's a lot of "ifs," and ML is definitely correct in pointing out that it's a long way from the market.

IDBE flirted with firework status on the open today, despite that note from ML. Worth keeping an eye on in case of weakness.

Cheers, Tuck