SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?


To: Torben Noerup Nielsen who wrote (14545)2/10/1998 10:05:00 PM
From: Henry Niman  Respond to of 32384
 
Torben, The announcement was indeed good news. Here's what Dow Jones had to say:

Dow Jones Newswires -- February 10, 1998
Ligand Plans '99 NDA For Panretin Capsules For Kaposi's

SAN DIEGO (Dow Jones)--Ligand Pharmaceuticals Inc. (LGND) plans to
complete a 1999 new drug application for Panretin Capsules in patients
with AIDS-related Kaposi's sarcoma, or KS.

In a press release Tuesday, Ligand said its new drug application filing for its
topically applied Panretin Gel on track for later in the first quarter. The trials
for the gel showed response rates of 42% and 35% respectively at
16-week assessments, and up to 48% response with continued treatment
beyond 16 weeks.

The company said that analyses of two Phase II trials with Panretin
Capsules in patients with AIDS-related Kaposi's sarcoma showed patient
response rates of 38% and 37%.

The two studies were similar in design, with one conducted by the AIDS
Malignancy Consortium sponsored by the National Cancer Institute and the
other conducted directly by Ligand.

Both were multicenter, open label studies designed to evaluate the safety
and efficacy of Panretin Capsules in patients with AIDS-related KS.

The company said it will will restructure its more slowly accruing acute
promyelocytic leukemia program by terminating one of its ongoing Phase III
studies, and will channel its resources into the KS indication with a goal of
completing an NDA filing in 1999.

Ligand Pharmaceuticals Inc.

In the studies, Panretin Capsules were administered once daily at doses
increasing from 60 mg/m2 to 100 mg/m2/day. Study participants had to
have biopsy proven KS associated with AIDS and at least five to six skin
lesions that were assessed every two weeks for response. Response was
determined by applying the standard AIDS Clinical Trial Group criteria for
complete and partial response based on the indicator lesions. The
protocol-defined evaluation period was 16 weeks.

The study conducted by the AMC has enrolled 66 patients at eight sites.
The overall response rate at final analysis through the 16-week evaluation
period for patients meeting the criteria for evaluation was 38 percent (19 of
50) including one complete responder. Drug side effects were generally
manageable, with some patients requiring dose reductions with headache,
dry skin, rash, alopecia, peeling/flaking, and hyperlipidemia as the most
common events.

The study conducted by Ligand enrolled 57 men at five study centers. The
overall response rate for all patients (21 of 57) was 37%, and for patients
who met the protocol defined criteria for evaluation the overall response
rate was 57% (21 of 37). One patient demonstrated a complete response.
Almost all patients were on highly active antiretroviral therapy, including at
least one protease inhibitor, prior to the start of Panretin Capsules therapy.
The side effect profile was similar to that of the AMC study.

Kaposi's sarcoma is the most frequent malignant cancer lesion in patients
who are HIV-positive.

Panretin Capsules are in two single-agent Phase II trials and in a Phase I
trial in combination with interferon for patients with AIDS-related Kaposi's
sarcoma.



To: Torben Noerup Nielsen who wrote (14545)2/10/1998 10:08:00 PM
From: Henry Niman  Respond to of 32384
 
Here's what Reuter's had to say:

Ligand releases positive Panretin data

Tuesday, February 10, 1998 07:37 PM

> SAN DIEGO, Feb 10 (Reuters) - Ligand Pharmaceuticals Inc said Tuesday two separate Phase
II trials of its Panretin capsules showed response rates of 37 percent and 38 percent in patients with
AIDS-related Kaposi's sarcoma.

Because of the positive results, Ligand said it would shift its focus toward winning initial approval of
the capsules as a treatment of Kaposi's sarcoma, a form of skin cancer that usually strikes AIDS
patients. Previously the company had been focusing its efforts on winning approval of the drug to
treat a rare form of leukemia.

It said it hopes to apply for Food and Drug Administration approval of the capsules as a Kaposi's
sarcoma treatment some time in 1999.

Ligand has also developed a gel form of Panretin for the topical treatment of Kaposi's skin lesions.
Tests to date of this treatment have been positive and Ligand said it is on track for filing a New
Drug Application with the Food and Drug Administration during the first quarter of this year.

The capsule formulation of the drug is designed to treat a more advanced form of Kaposi's
sarcoma. Left untreated, the Kaposi's skin leasions can spread to inner parts of the body, and can
be deadly.

Panretin belongs to a class of drugs known as retinoids, which work by selectively regulating cell
growth. Retinoids are receiving increased attention by cancer researchers looking for a safer
alternative to chemotherapy, which kills cells nonselectively.

Quote for referenced ticker symbols: LGND



To: Torben Noerup Nielsen who wrote (14545)2/10/1998 10:09:00 PM
From: Henry Niman  Respond to of 32384
 
Here's the PRNewswire version:
Ligand's Panretin(TM) Capsules Demonstrate Positive Results In Two Phase
II Trials for AIDS-Related KS

Tuesday, February 10, 1998 05:15 PM

>

NDA Planned 1999

SAN DIEGO, Feb. 10 /PRNewswire/ -- Ligand (LYE-gand) Pharmaceuticals Inc. (Nasdaq:
LGND) announced today that analyses of two Phase II trials with Panretin(TM) Capsules in
patients with AIDS-related Kaposi's sarcoma (KS) showed patient response rates of 38 percent
and 37 percent.

The two studies were similar in design, with one conducted by the AIDS Malignancy Consortium
(AMC) sponsored by the National Cancer Institute (NCI) and the other conducted directly by
Ligand. Both were multicenter, open label studies designed to evaluate the safety and efficacy of
Panretin Capsules in patients with AIDS-related KS.

"With positive results from these two studies, and a New Drug Application (NDA) filing for our
topically applied Panretin Gel on track for later this quarter, Ligand will intensify its focus on bringing
Panretin Capsules to market for people with AIDS-related KS," said David E. Robinson, Ligand
Chairman, President and Chief Executive Officer.

"Because there are many more KS patients with no available alternative oral treatments to
chemotherapy than there are patients with acute promyelocytic leukemia (APL), we will restructure
our more slowly accruing APL program by terminating one of our ongoing Phase III studies, and we
will channel our resources into the KS indication with a goal of completing an NDA filing in 1999,
our targeted timetable," Mr. Robinson said.

In the studies, Panretin Capsules were administered once daily at doses increasing from 60 mg/m2
to 100 mg/m2/day. Study participants had to have biopsy proven KS associated with AIDS and at
least five to six skin lesions that were assessed every two weeks for response. Response was
determined by applying the standard AIDS Clinical Trial Group (ACTG) criteria for complete and
partial response based on the indicator lesions. The protocol-defined evaluation period was 16
weeks.

The study conducted by the AMC has enrolled 66 patients at eight sites. The overall response rate
at final analysis through the 16-week evaluation period for patients meeting the criteria for evaluation
was 38 percent (19 of 50) including one complete responder. Drug side effects were generally
manageable, with some patients requiring dose reductions with headache, dry skin, rash, alopecia,
peeling/flaking, and hyperlipidemia as the most common events.

The study conducted by Ligand enrolled 57 men at five study centers. The overall response rate for
all patients (21 of 57) was 37 percent, and for patients who met the protocol defined criteria for
evaluation the overall response rate was 57 percent (21 of 37). One patient demonstrated a
complete response. Almost all patients were on highly active antiretroviral therapy (HAART),
including at least one protease inhibitor, prior to the start of Panretin Capsules therapy. The side
effect profile was similar to that of the AMC study.

"Detailed analyses of both studies are continuing," according to Steven D. Reich, M.D., Ligand
Senior Vice President, Clinical Research, "and final results of both studies will be reported at
scientific forums starting in April. We are encouraged by the positive findings of these studies.
Future studies are planned to further explore dosing regimens, activity and tolerance," Dr. Reich
said.

Kaposi's sarcoma is the most frequent malignant cancer lesion in patients who are HIV-positive and
is often characterized by multifocal, widespread lesions at the onset of illness, and may involve the
skin, oral mucosa, lymph nodes and visceral organs, such as the lung and gastrointestinal tract. KS
was first described in 1872 by the Austro-Hungarian dermatologist, Moritz Kaposi. Until the HIV
disease epidemic identified with AIDS, KS was a rarely seen tumor.

Panretin Capsules are in two single-agent Phase II trials and in a Phase I trial in combination with
interferon for patients with AIDS-related Kaposi's sarcoma. Phase II trials are ongoing in breast,
ovarian, pediatric cancers, and bronchial metaplasia. Trials in myelodysplastic syndrome and a study
in severe plaque psoriasis have been completed. Ligand expects to be able to determine additional
indications for NDA filings from these studies based on results expected to be announced in 1998.
Panretin Capsules will continue to be studied in patients with APL.

Two pivotal Phase III trials of Panretin(TM) Gel for topical treatment of KS have been completed
to support an NDA filing in the first quarter of 1998. The trials showed response rates of 42 and 35
percent respectively at 16-week assessments, and up to 48 percent response with continued
treatment beyond 16 weeks.

Since 1989, Ligand Pharmaceuticals Incorporated has established a leadership position in gene
transcription technology, particularly intracellular receptor (IR) technology and Signal Transducers
and Activators of Transcription (STATs). Ligand has applied IR and STATs technology to the
discovery and development of small molecule drugs to enhance therapeutic and safety profiles and
to address unmet patient needs in cancer, women's and men's health and skin diseases, as well as
osteoporosis, metabolic, cardiovascular and inflammatory disease.

This news release may contain certain forward looking statements by Ligand and actual results
could differ materially from those described as a result of factors including, but not limited to, the
following. There can be no assurance Panretin Capsules, Panretin Gel, or any product in the Ligand
pipeline will be successfully developed, that regulatory approvals will be granted, that patient and
physician acceptance of these products will be achieved, that final results of human clinical trials will
be consistent with any interim results, or that final results will be supportive of regulatory approvals
required to market products or that regulatory filings will be made in the timeframe expected. Ligand
undertakes no obligation to update the statements contained in this press release after the date
hereof.

SOURCE Ligand Pharmaceuticals Inc.

CONTACT: Susan Atkins of Ligand Pharmaceuticals, 619-550-7687



To: Torben Noerup Nielsen who wrote (14545)2/11/1998 6:25:00 AM
From: Henry Niman  Respond to of 32384
 
Here's an updated Dow Jones story:

Dow Jones Newswires -- February 10, 1998
Ligand/NDA/Panretin -2: NDA For
Panaretin Gel 'On Track'

Dow Jones Newswires

SAN DIEGO -- Ligand Pharmaceuticals Inc. (LGND) plans to complete
a 1999 new drug application for Panretin Capsules in patients with
AIDS-related Kaposi's sarcoma, or KS.

In a press release Tuesday, Ligand said its new drug application filing for
its topically applied Panretin Gel on track for later in the first quarter. The
trials for the gel showed response rates of 42% and 35% respectively at
16-week assessments, and up to 48% response with continued treatment
beyond 16 weeks.

The company said that analyses of two Phase II trials with Panretin
Capsules in patients with AIDS-related Kaposi's sarcoma showed patient
response rates of 38% and 37%.

The two studies were similar in design, with one conducted by the AIDS
Malignancy Consortium sponsored by the National Cancer Institute and
the other conducted directly by Ligand.

Both were multicenter, open label studies designed to evaluate the safety
and efficacy of Panretin Capsules in patients with AIDS-related KS.

The company said it will will restructure its more slowly accruing acute
promyelocytic leukemia program by terminating one of its ongoing Phase
III studies, and will channel its resources into the KS indication with a goal
of completing an NDA filing in 1999.

Ligand Pharmaceuticals Inc.

In the studies, Panretin Capsules were administered once daily at doses
increasing from 60 mg/m2 to 100 mg/m2/day. Study participants had to
have biopsy proven KS associated with AIDS and at least five to six skin
lesions that were assessed every two weeks for response. Response was
determined by applying the standard AIDS Clinical Trial Group criteria for
complete and partial response based on the indicator lesions. The
protocol-defined evaluation period was 16 weeks.

The study conducted by the AMC has enrolled 66 patients at eight sites.
The overall response rate at final analysis through the 16-week evaluation
period for patients meeting the criteria for evaluation was 38 percent (19
of 50) including one complete responder. Drug side effects were generally
manageable, with some patients requiring dose reductions with headache,
dry skin, rash, alopecia, peeling/flaking, and hyperlipidemia as the most
common events.

The study conducted by Ligand enrolled 57 men at five study centers.
The overall response rate for all patients (21 of 57) was 37%, and for
patients who met the protocol defined criteria for evaluation the overall
response rate was 57% (21 of 37). One patient demonstrated a complete
response. Almost all patients were on highly active antiretroviral therapy,
including at least one protease inhibitor, prior to the start of Panretin
Capsules therapy. The side effect profile was similar to that of the AMC
study.

Kaposi's sarcoma is the most frequent malignant cancer lesion in patients
who are HIV-positive.

Panretin Capsules are in two single-agent Phase II trials and in a Phase I
trial in combination with interferon for patients with AIDS-related Kaposi's
sarcoma.



To: Torben Noerup Nielsen who wrote (14545)2/11/1998 7:54:00 AM
From: tonyt  Respond to of 32384
 
>> But what is the deal with the hyperlipidemia?
>> Is this also a problem with targretin?

> Somehow I feel that "this will be viwed as positive news" for
> Ligand.

> I get the distinct feeling that you are being sarcastic in the above.
> While I agree that Henry is likely to put the best possible spin on it
> (no offense intended Henry :-)).....

LOL!



To: Torben Noerup Nielsen who wrote (14545)2/14/1998 10:00:00 PM
From: Henry Niman  Read Replies (1) | Respond to of 32384
 
Torben, I just ran across this Business Week article on side effects from PIs. Maybe AIDS patients will soon be taking Targretin to get their energy metabolism back under control:

BUSINESS WEEK ONLINE
February 5, 1998

NEW SIDE EFFECTS FROM AIDS DRUGS
RAISE CONCERNS

Edited by Douglas Harbrecht

Potent new drugs have been a major success story in the treatment of AIDS.
In many patients, drug combinations that include so-called protease inhibitors
have kept the virus at bay for two years or longer. But now, worrisome side
effects are beginning to appear.

At the 5th AIDS Conference in Chicago, research groups from Australia,
Canada, and the U.S. reported a bizarre phenomenon: Patients taking the
drugs are beginning to look different. Their normal facial fat is disappearing.
Meanwhile, fat is accumulating on their waists, neck, or back. "Patients are
coming to their clinicians and saying: 'Hey, I don't look right,'" says Dr. John
W. Mellors of the University of Pittsburgh. AIDS patients have even come
up with a moniker for the condition: Crixbelly. (Crix is shorthand for one of
the protease inhibitor drugs, Crixivan.)

The most striking report at the meeting came from David Cooper of the
Australian National Centre in HIV Epidemiology & Clinical Research in
Sydney. Nearly two-thirds of his patients are experiencing the strange
changes in fat distribution. "The data from David Cooper's group has really
struck all of us," says Dr. Scott Hammer of Beth Israel Deaconess Medical
Center.

The changes in fat aren't just a cosmetic issue. Researchers believe they stem
from a fundamental and potentially worrisome change in body metabolism.
Indeed, the changes seem to be related to additional symptoms such as
insulin resistance -- possibly leading to full-blown diabetes -- and elevated
blood levels of cholesterol and trigylcerides. That might eventually lead to
more heart disease. So it's no wonder that AIDS researchers are concerned.
"Our excitement over the success of the drugs must now be tempered by
these long-term toxicities," admits Hammer.

Since the side effects became apparent only recently, researchers don't yet
know how serious they will prove to be. Scientists are also a long way from
understanding what's going wrong.

At the meeting, however, Cooper's group suggested one possible
mechanism. The Australian team discovered that the region of HIV's
protease enzyme which is attacked by the protease inhibitor drugs is
remarkably similar to part of a receptor on the surface of some liver cells.
The normal function of these liver cells is to grab fat that's circulating in the
blood. The protease inhibitor drugs, therefore, may be blocking this normal
function by binding to the cells' receptors.

Researchers speculate that this might explain why blood levels of triglycerides
and cholesterol rise in patients taking the drugs. But they still have to figure
out if this mechanism -- or some other -- explains the striking changes in
body fat distribution or the increase in insulin resistance and diabetes. Until
this puzzle is solved, "we won't know what the true risks are," says Hammer.
"But now, this is a real concern."

By John Carey at the 5th Conference on Retroviruses and Opportunistic
Infections in Chicago