To: tuck who wrote (51 ) 6/6/2005 10:34:09 AM From: rkrw Respond to of 53 Old spinout from vrtx, worth keeping an eye on imo. Press Release Source: Altus Pharmaceuticals Altus Pharmaceuticals Announces Completion of Clinical Testing in the Phase I Study of ALTU-238 - a Long-Acting Crystalline Formulation of Human Growth Hormone Monday June 6, 9:07 am ET Plans to Initiate Phase II Multi-Center Trial in Adults with Growth Hormone Deficiency CAMBRIDGE, Mass.--(BUSINESS WIRE)--June 6, 2005-- Altus® Pharmaceuticals Inc., a leader in the development of novel protein therapies to treat chronic gastrointestinal and metabolic diseases, announced today that it has successfully completed clinical testing in the Phase I study for ALTU-238, a long-acting crystalline formulation of recombinant human growth hormone (somatropin). The study was designed to assess the safety, tolerability, pharmacokinetics and pharmacodynamics of escalating doses of ALTU-238 in normal healthy volunteers. The Company also announced it plans to initiate a multi-center Phase II clinical trial to study the safety and biological activity of repeated doses of ALTU-238 in adults with growth hormone deficiency. Sheldon Berkle, President and Chief Executive Officer of Altus Pharmaceuticals said, "We believe that ALTU-238 will provide patients with a long-acting treatment option that has comparable efficacy and safety to existing therapies, but with fewer injections, less discomfort, and improved compliance." Mr. Berkle continued, "The application of the Company's proprietary technology to orally administered proteins has already been demonstrated by TheraCLEC-Total(TM), which has recently completed a multi-center, randomized, double-blind Phase II trial for pancreatic insufficiency, the largest prospective study of its kind yet performed. This Phase I trial of ALTU-238 is expected to confirm in humans the value of our proprietary crystallization technology by extending the release and improving the stability of injectable protein therapeutics." ALTU-238 is a novel, long-acting subcutaneous formulation of recombinant human growth hormone that employs Altus' proprietary protein crystallization and formulation technology. Altus' technology preserves the structure of the human growth hormone molecule without the need for polymers or encapsulation and enables ease of administration through a fine gauge needle. Recombinant human growth hormone is approved for treating multiple growth disorders in children, adolescents and adults. Global sales of recombinant human growth hormone were approximately $2.2 billion USD in 2004. "Upon completion of this Phase I study we believe that we will have the safety, dosing and biological activity data needed to advance ALTU-238 into the next phase of clinical trials in patients with growth hormone disorders. The results of our preclinical studies, which were presented at the 87th Annual Endocrine Society Meeting in San Diego, CA, demonstrated that ALTU-238, delivered with a fine 30 gauge needle, results in hGH bioavailability that is capable of stimulating the production of IGF-1 levels to the normal range in a dose-dependent manner consistent with a once-weekly product," said Dr. Alexey Margolin, Chief Scientific Officer at Altus Pharmaceuticals. "In contrast to the current standard of daily injections, we believe that a long-acting formulation of human growth hormone, like ALTU-238, has the potential to offer people with growth hormone disorders a more convenient treatment with improved effective disease management."