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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 (300)9/8/2003 1:06:56 PM
From: Jim Oravetz  Read Replies (1) | Respond to of 370
 
Vion And Lilly Enter Into Research Services Pact
DOW JONES NEWSWIRES

NEW HAVEN, Conn. -- Vion Pharmaceuticals Inc. (VION) and Eli Lilly & Co. (LLY) signed a research agreement related to Triapine and Gemzar, their respective anticancer agents.

In a press release Monday, Vion said the agreement relates to the measurement of the expression of several genes in tumor tissue and blood samples from patients participating in Vion's phase II trials of the combination therapy in non-small-cell lung cancer and pancreatic cancer.

Vion said the studies it's conducting may provide more understanding of the genetic makeup of patients and their tumors that determine responsiveness to Gemzar and also could identify populations of patients that could benefit from the addition of Triapine to Gemzar.

In June, Vion found that Triapine achieved serum concentrations capable of enhancing gemcitabine activity in tumor cells, while its leukemia agent was well-tolerated, according to phase I trials. Triapine was studied in combination with Gemzar, the brand name of gemcitabine, a nucleoside analogue for the treatment of certain solid tumors.

Shares of Vion closed Friday at $1.62, up 14 cents, or 9.5%, in Nasdaq trading. The stock last traded at $2.47, according to an Instinet spokesman.

Company Web site: vionpharm.com