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Biotech / Medical : NKTR Drug delivery Company -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (254)8/6/2007 10:41:08 AM
From: zax  Respond to of 507
 
Nektar, Bayer sign inhaled antibiotic agreement
Mon Aug 6, 2007 9:55AM EDT

BOSTON, Aug 6 (Reuters) - Nektar Therapeutics Inc. (NKTR.O: Quote, Profile, Research), whose Exubera inhaled insulin drug has failed so far to capture much interest, said on Monday that it had signed an agreement with German drugmaker Bayer AG (BAYG.DE: Quote, Profile, Research) to jointly develop an inhaled antibiotic.

Bayer will pay $50 million up front, and then as much as $125 million more to Nektar as the companies meet milestones in the clinical and regulatory process. If the product is approved, Bayer and Nektar would co-promote the drug in the United States and share the profits.

Outside the United States, Nektar would receive tiered performance royalties of up to 30 percent.

Nektar's product, NKTR-061, is in mid-stage clinical trials to treat serious, hospital-acquired pneumonia. Gram-negative pneumonias often appear in patients whose immune systems have been depressed, in the elderly and patients undergoing major surgery.

Bayer and Nektar in 2005 agreed to jointly develop an inhaled form of Bayer's Cipro antibiotic as a potential therapy for treating infections in patients suffering from cystic fibrosis.

Nektar shares were down 6 cents at $8.08 in morning Nasdaq trade. They have fallen about 44 percent in 2007, amid the disappointing performance of Exubera, which is sold by drug maker Pfizer Inc. (PFE.N: Quote, Profile, Research) (Reporting by Toni Clarke in Boston and Lewis Krauskopf in New York)



To: tuck who wrote (254)9/10/2007 3:40:54 PM
From: tuck  Read Replies (1) | Respond to of 507
 
>>Nektar Presents Positive Results from Phase 1 Clinical Trial of NKTR-118 (oral PEG-naloxol) at American College of Clinical Pharmacology Meeting
Last update: 9/10/2007 3:00:00 PM
Results Demonstrate that NKTR-118 Shows Promise for the Treatment of Opioid Bowel Dysfunction
SAN CARLOS, Calif., Sept 10, 2007 /PRNewswire-FirstCall via COMTEX/ -- Nektar Therapeutics (NKTR) presented results today at the American College of Clinical Pharmacology conference in San Francisco, California from a Phase 1 trial of NKTR-118 (oral PEG-naloxol). NKTR-118 is Nektar's proprietary investigational treatment for opioid bowel dysfunction (OBD), including opioid-induced constipation (OIC). Today's presentation highlights the safety profile and activity of NKTR-118 in healthy male subjects.
"This proof-of-principle study in combination with our preclinical work shows that our proprietary PEGylation technology can prevent an oral drug from penetrating the blood-brain barrier, opening the door for future applications of our technology with other small molecules," said Hoyoung Huh, M.D., Ph.D., Nektar's Chief Operating Officer and Head of the PEGylation Business Unit. "These findings for NKTR-118 merit further clinical evaluation of the drug. We look forward to unveiling the results of our multi-dose Phase 1 safety trial on NKTR-118 later this year and advancing this important program into Phase 2 clinical development."
The NKTR-118 Phase 1 results demonstrate that single oral doses of NKTR-118 reverse the effects of morphine on gastrointestinal transit time at doses that do not reverse a central opiate effect as measured by pupillometry.
Phase 1 Clinical Study Design
This single-dose, double-blind, placebo-controlled study was conducted to evaluate safety, tolerability, pharmacokinetic, and pharmacodynamic profile of NKTR-118 in healthy male subjects. The trial measured the morphine-induced delay in gastrointestinal transit time, a peripheral effect, using the lactulose hydrogen gastrointestinal motility test. Pupillometry, a measurement of the diameter of the pupil of the eye, was used to monitor antagonism of morphine-induced pupil constriction, a central nervous system (CNS) effect. Escalating single oral doses of NKTR-118 up to 1,000 mg were studied. A total of 48 subjects received active NKTR-118 as compared to placebo.
Phase 1 Clinical Study Results
Single oral doses of NKTR-118 antagonized morphine-induced delay in gastrointestinal transit time demonstrating the potential of the drug to relieve constipation. Further, no dimunition of morphine-induced miosis, a CNS effect, was observed at single oral doses of NKTR-118 of 125 mg or less.
NKTR-118 was well-tolerated at single doses up to 1,000 mg. Further, NKTR-118 was rapidly absorbed with dose-proportional pharmacokinetics over the 8-1,000 mg dose range.
"Debilitating constipation is the most frequent side effect associated with opioid therapy. It can have a serious negative impact on the quality of life for patients," said Russell K. Portenoy, M.D., chairman of the Department of Pain Medicine and Palliative Care at Beth Israel Medical Center and Professor of Neurology and Anesthesiology at the Albert Einstein College of Medicine in New York. "In some cases, it can even be treatment-limiting in managing their pain. Current therapeutic options for managing this side-effect are not optimal and better treatments are needed."
About NKTR-118
NKTR-118 is an oral drug that combines Nektar's advanced small molecule PEGylation technology platform with naloxol, a derivative of the opioid-antagonist drug, naloxone. In preclinical studies, Nektar's PEGylation technology has been shown to prevent oral NKTR-118 from crossing the blood-brain barrier, an important potential advance for this and possibly many other small molecule therapies.
The antagonist NKTR-118 targets mu-opioid receptors within the enteric nervous system, which mediate OBD, a symptom complex resulting from opioid use that encompasses constipation, bloating, abdominal cramping, and gastroesophageal reflux. Constipation is the hallmark of this syndrome, and is generally its most prominent component. NKTR-118 is currently in a second Phase 1 trial to evaluate the safety and tolerability of repeated dose administration.
According to IMS Health, more than 200 million prescriptions were written for opioids in 2006 in the United States, alone. Many studies indicate that a high percentage of patients receiving opioids are likely to experience significant constipation and other symptoms of OBD. Currently, there are no specific drugs approved that are indicated to treat OBD or OIC. Stool softeners or laxatives may be ineffective for many patients with OIC and they are often associated with side effects like diarrhea and cramping.
Additional Data Presentations for NKTR-118
Another peer-reviewed presentation of this Phase 1 study, and also a preclinical study for NKTR-118, are scheduled to be presented at the American Academy of Pain Management's Annual Clinical Meeting in Las Vegas, Nevada from September 27-30, 2007.
More information about the 2007 Annual Clinical Meeting of the American Academy of Pain Management is available at:
Nektar PEGylation Platform
Nektar PEGylation technology can enhance the properties of therapeutic agents by increasing drug circulation time in the bloodstream, decreasing immunogenicity and dosing frequency, increasing bioavailability and improving drug solubility and stability. It can also be used to modify pharmaceutical agents to preferentially target certain systems within the body. It is a technique in which non-toxic polyethylene glycol (PEG) polymers are attached to therapeutic agents, and it is applicable to most major drug classes, including proteins, peptides, antibody fragments, small molecules, and other drugs.
Nektar PEGylation technology is also used in eight additional approved partnered products in the U.S. or Europe today, including Roche's PEGASYS(R) for hepatitis C and Amgen's Neulasta(R) for neutropenia.<<

I haven't looked to see if abstracts were available; in any case, it's not moving the stock much.

Cheers, Tuck