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: celeryroot.com who wrote (19084)4/14/1998 10:09:00 PM
From: Henry Niman  Read Replies (1) | Respond to of 32384
 
LLY has always had an interest in San Diego Biotechs. It's Hybritech buyout really laid the foundation for the sector's growth in San Diego. If they did an AMLN deal they could use the same parking lot to visit AMLN and LGND.

LLY of course is very interested in diabetes. I assumed that they were moving toward oral treatments and I really haven't heard much about AMLN's move in that direction. I thought that Pramlintide looked pretty iffy for type II, but LLY may be more interested in Type I than JNJ was. Something is clearly driving the price and a new deal is certainly a topic that could very easily move AMLN's price.

I guess if Jesse Eisinger writes a story, it will be official.



To: celeryroot.com who wrote (19084)4/15/1998 6:38:00 AM
From: Henry Niman  Respond to of 32384
 
Speaking of Biotechs, here's what Dow Jones had to say today:
Biotech Firms
Are Expected
To Post Gains

---
Newer Concerns' Earnings
Were Strong in Quarter
On Drug Introductions
----

By Jennifer Fron Mauer
Dow Jones Newswires

New products drove up-and-coming biotechnology companies to strong gains
in first-quarter earnings, while more-established biotech concerns are
expected to report relatively modest profit increases for the quarter.

Interneuron Pharmaceuticals Inc., which continues to struggle after its diet
drug Redux was recalled by the Food and Drug Administration, still stands
out with its increasing losses.

The Lexington, Mass., company, which just completed its fiscal second
quarter, is expected to post a loss of 58 cents a share, compared with a loss
of 19 cents a year earlier.

Of particular interest in the first quarter were the companies that launched
products in the past few months, analysts said. Some already are showing
strong performances.

Pathogenesis Corp., Seattle, which in January launched Tobi, its inhalable
cystic fibrosis treatment, is expected to report a loss of 10 cents a share for
the quarter, compared with a loss of 43 cents a year earlier, according to
estimates compiled by First Call Corp. Jay Silverman, an analyst with
BancAmerica Robertson Stephens & Co., estimates sales of Tobi were
about $11 million in the first quarter, but he said he wouldn't be surprised if
sales came in at around $13 million.

Idec Pharmaceuticals Corp.'s expected first-quarter profit of five cents a
share, compared with a loss of 12 cents a year earlier, was propelled by sales
of its cancer drug, Rituxin, which received FDA approval late last year. Eric
Hecht, an analyst with Merrill Lynch & Co., said the San Diego company
probably saw Rituxin achieve sales of $35 million in the first quarter.

Several biotechnology companies, whose newest products have been on the
market for some time, also are expected to turn in strong first quarters.

For example, Sequus Pharmaceuticals Inc.'s Doxil was approved by the
FDA in 1995 for use in treating Kaposi's sarcoma, a common form of cancer
among AIDS patients, but off-label uses have boosted the drug's sales in the
past 12 months. That increase in off-label use has been driven by recently
published medical-journal articles that extolled Doxil's effectiveness in
treating breast cancer and ovarian cancer, analysts said.

BancAmerica Robertson's Mr. Silverman estimates Doxil's sales climbed to
$11 million to $12 million for the first quarter. That would be the drug's fourth
consecutive increase in quarterly sales. As a result, the Menlo Park, Calif.,
company is expected to report a loss of 12 cents a share for the first quarter,
according to First Call. That compares with a loss of 25 cents a year earlier.

Agouron Pharmaceuticals Inc. continues to benefit from the stellar
performance of its protease inhibitor, Viracept, which was launched last
year. Viracept's fiscal third-quarter sales are estimated at $94 million,
according to Mr. Silverman, propelling Agouron, of La Jolla, Calif., to a profit
of 39 cents a share, compared with a loss of 19 cents a year earlier, adjusted
for a 2-for-1 stock split in August.

Profit increases at Medimmune Inc. continue to be propelled by sales of
RespiGam, which was approved in 1996 and is used in treating respiratory
syncytial virus, a sometimes-fatal respiratory illness. The Gathersburg, Md.,
company is expected to post a profit of 22 cents a share, compared with a
loss of 65 cents a year earlier.

More-established biotech companies are expected to turn in less exciting
quarters, analysts said.

Amgen Inc., Thousand Oaks, Calif., should register a modest profit
improvement. Analysts estimate the company earned 67 cents a share, up
from 65 cents a year earlier, according to First Call.

Chiron Corp., Emeryville, Calif., is expected to have earned 10 cents a share
in the first quarter, compared with nine cents a year earlier.

Genzyme Corp., of Cambridge, Mass., is seen having earned 30 cents a
share, compared with 27 cents a year earlier.



To: celeryroot.com who wrote (19084)4/15/1998 6:49:00 AM
From: Henry Niman  Respond to of 32384
 
Speaking of deals, FT report on SBH suggests that they are still looking for a partner (which was also mentioned on CNBC this morning):

SmithKline presents upbeat view of future
By Tracy Corrigan and Daniel Green

SmithKline Beecham, the UK drugs company, on
Tuesday set out to rebuild investor confidence in its
prospects as an independent company, following the
collapse of merger talks with rival Glaxo Wellcome two
months ago.

Jean-Pierre Garnier, SB's chief operating officer, said the
company's pipeline of drugs and vaccines would
"translate into sustained growth well into the next
millennium". Dr Garnier said that in the longer term,
rapid advances in molecular biology offered
"unprecedented drug-discovery opportunities".

Asked about the failed Glaxo deal, he said: "We have
looked [at deals] in the past and will look in the future."
But he insisted: "We don't need any help."

Among SmithKline products currently moving through
clinical trials are Avandia, for the treatment of type 2
diabetes, which has progressed to phase III trial.

Regulatory applications for Avandia were expected to be
filed in the US and Europe within 12 months.

The drug would compete with troglitazone, sold in the
US by Warner Lambert and for which Glaxo has the
European marketing rights. However, troglitazone has
been associated with liver damage and Glaxo has
withdrawn it in Europe.

SmithKline also highlighted Idoxisene, a selective
oestrogen-receptor modulator in phase III trial for the
prevention of osteoporosis and phase II for advanced
breast cancer.

Ariflo is a new asthma drug which blocks an enzyme
involved in airway inflammation and is in phase II trials.
The drug "has the potential to treat the three principal
components of asthma, broncho-constriction,
inflammation and airway structural modification" said
Anthony Rebuck, vice-president and director, clinical
research, pulmonary/diabetes therapeutic unit.

Also in phase II trial is an antibiotic code-numbered SB
265805 for which studies have shown to be the most
potent in the antibiotic class called oral quinolones when
used against respiratory tract infections.

In preliminary trials, tranilast, a treatment to prevent
coronary arteries narrowing after surgery to widen them,
has been associated with a reduction of narrowing of up
to 67 per cent.

In addition SmithKline also expects to file for new
indications in the next two years for anti-depressant
Seroxat/Paxil to treat social phobia, generalised anxiety
disorder and post-traumatic stress disorder.

The company also told analysts its productivity in
research and development had improved substantially.
"SB's stated goal has been to shorten the time required
to take a compound from discovery to regulatory
submission to 2,000 days on average by the year 2000,
down from 3,600 days in 1991," said David U'Pritchard,
chairman, research and development.



To: celeryroot.com who wrote (19084)4/15/1998 6:54:00 AM
From: tonyt  Respond to of 32384
 
Speaking of old news, looks like some of our posters are back to their old trick of passing off old press releases as todays news:

exchange2000.com

I wonder how many times this old story will be posted today.

And I'm sure that there will be some way it'll be 'blamed' on someone else.



To: celeryroot.com who wrote (19084)4/15/1998 6:55:00 AM
From: Henry Niman  Respond to of 32384
 
Here's what WSJ had to say about the new SBH report:
Technology & Health:

SmithKline Touts Experimental
Drugs,
But Some Analysts Aren't
Impressed

----

By Robert Langreth
Staff Reporter of The Wall Street Journal

NEW YORK -- SmithKline Beecham PLC, in the wake of two failed
merger attempts, tried yesterday to boost its image by showcasing a variety
of potentially big-selling experimental drugs for diabetes, osteoporosis and
asthma.

In a four-hour presentation to securities analysts here, SmithKline executives
made the argument that the company has a first-class drug research
operation that will produce long-term revenue growth. The company said the
new drugs in its pipeline mean it doesn't have to partner with another big drug
company.

Some analysts, however, noted that many of the projects discussed were
either new uses for old drugs or medicines in early stages of development.
Some also complained that the company has relatively few new drugs with
blockbuster potential in late stages of development. Moreover, SmithKline
provided few details of what drugs might emerge from the company's
enormous investment in genebased drug development, or so-called genomics
research.

"It's the same old thing with SmithKline," said Edmund Debler, an analyst
from Mehta Partners LLC. "They are always tweaking stuff they already
sell, but they don't have many new breakthrough drugs" under development.
In particular, he noted that most of the product candidates discussed at the
meeting came from the company's pre-genomics research era.

Company officials disagreed, calling the new drug pipeline "deep and
diversified." President Jean-Pierre Garnier, in an interview after the meeting,
denied the company had been weakened by its consecutive failed merger
attempts this past winter with American Home Products Corp. and then
Glaxo Wellcome PLC.

"Strategically, we are well-positioned for the future," he said. He also refused
to rule out the possibility of another merger attempt. Internal growth "will
continue to be our primary way to increase shareholder value," but the
company will continue to look at other ways of increasing shareholder value
including mergers, Mr. Garnier said.

In composite trading on the New York Stock Exchange, SmithKline's
American depositary shares declined 93.75 cents to $65.625.

One of SmithKline's most promising drugs under development is a new oral
diabetes drug, Avandia, that would compete with Warner-Lambert Co.'s new
drug, Rezulin. The company said that its clinical-trial results so far suggest
that the drug might be more effective at controlling blood-sugar levels than
Rezulin, with no evidence so far of troublesome side-effects. SmithKline
plans to file for marketing approval for Avandia within 12 months.

The company also said it is developing a drug for asthma and emphysema
that works by a new mechanism of action to block enzymes involved in
producing lung inflammation. SmithKline also is in latestage testing of an
osteoporosis drug that would compete with Evista, a new drug from Eli Lilly
& Co. The drug works by a similar mechanism of action to Zeneca Group
PLC's tamoxifen, which was shown last week to be highly effective in
preventing breast cancer; SmithKline said it is evaluating its drug in breast
cancer, too. Overall, the company said it had some 60 drugs and vaccines in
human testing.

The company's new head of research, David U'Prichard, said the company
was still committed to the genomics effort started by his predecessor George
Poste, who has taken another position at the company. That effort began in
1993 when SmithKline invested $125 million to form a gene-hunting
collaboration with Human Genome Sciences Inc., a biotech company in
Maryland. Since then, the gene research has helped increase the number of
unique drug "targets" the company has discovered.

The company has now identified 200 promising drug targets from more than
70,000 genes discovered through its genomics work, including targets that
could lead to new drugs for fighting obesity, cardiovascular disease, and
drug-resistant bacteria. Dr. U'Prichard said at least two drugs from the gene
work should enter human testing within a year and a half, but he didn't
provide specifics.



To: celeryroot.com who wrote (19084)4/15/1998 7:00:00 AM
From: Henry Niman  Respond to of 32384
 
Actually, the trick of recycling news belongs to WSJ:
The Wall Street Journal -- April 15, 1998
Biotech Firms
Are Expected
To Post Gains

---
Newer Concerns' Earnings
Were Strong in Quarter
On Drug Introductions
----

By Jennifer Fron Mauer
Dow Jones Newswires

New products drove up-and-coming biotechnology companies to strong gains
in first-quarter earnings, while more-established biotech concerns are
expected to report relatively modest profit increases for the quarter.

Interneuron Pharmaceuticals Inc., which continues to



To: celeryroot.com who wrote (19084)4/15/1998 7:05:00 AM
From: Henry Niman  Respond to of 32384
 
Here's the current table of contents for the AGPH briefing book (the Biotech story is listed as Dow Jones on April 13 and WSJ on April 15):

Enter Symbol:


Biotech Firms Are Expected To Post Gains
The Wall Street Journal--April 15, 1998

Company Symbols For Stories 7 p.m.-12 a.m. Tue., April 14
Dow Jones Newswires--April 15, 1998

Viracept Sales Propel Agouron To Upside 3Q Earnings
Dow Jones Newswires--April 14, 1998

Agouron Pharma 3Q Net 41c A Diluted Shr Vs Loss 18c
Dow Jones Newswires--April 14, 1998

Biotechs See Strong New Product Sales Boosting 1Q Results
Dow Jones Newswires--April 13, 1998

Your Money Matters -- Investment Dartboard: Winds of Chance Blow...
The Wall Street Journal--April 9, 1998

Health: AIDS-Drug Cocktails in Use Since 1996 Cause Steep Drop in
The Wall Street Journal--March 26, 1998

Agouron's Viracept Anti-HIV Tablets Get Japan OK
Dow Jones Newswires--March 6, 1998

AIDS Conference Tries To Concoct Better AIDS Cocktail
Dow Jones Newswires--February 4, 1998

Agouron Says HIV Treatment Results Promising
Dow Jones Newswires--February 4, 1998

Health: AIDS Drugs Are Effective In Twice-Daily Regimen
The Wall Street Journal--February 4, 1998

Agouron Pharma Viracept Trial Data Shows Positive Results
Dow Jones Newswires--February 3, 1998

Igen Pharm Completes 2 Milestones In Agouron Pact
Dow Jones Newswires--January 28, 1998

Immune Response Begins Swiss Clinical Trial Of AIDS Therapy
Dow Jones Newswires--January 27, 1998

Agouron Pharma's Viracept Gets Europe OK
Dow Jones Newswires--January 23, 1998

Business Brief -- AGOURON PHARMACEUTICALS INC.: EU Approves HIV...
The Wall Street Journal--January 23, 1998

Japan Tobacco, Roche In Japan HIV Drug Sales Pact
Dow Jones Newswires--January 22, 1998




To: celeryroot.com who wrote (19084)4/15/1998 7:59:00 AM
From: Henry Niman  Respond to of 32384
 
Here's what Reuters had to say about an SBH merger:
Tuesday April 14, 3:15 pm Eastern Time

SmithKline says merger still viable option

By Ransdell Pierson

NEW YORK, April 14 (Reuters) - SmithKline Beecham Plc (SBH - news) is undaunted
by its recent failed efforts to merge
with another major pharmaceutical company, and a merger remains an attractive option
for boosting shareholder value, Chief
Operating Officer Jean-Pierre Garnier said Tuesday.

Garnier also said the company was considering borrowingmoney as a way to increase the
research and development budget to
capitalize on its sophisticated drug discovery technology.

Garnier denied recent published reports that SmithKline was trying to raise funds through
a large private bond issue.

He was interviewed after a meeting with Wall Street analysts here at which company
scientists described progress in their
R&D pipeline.

Earlier this year SmithKline broke off separate merger talks with Glaxo-Wellcome Plc
(quote from Yahoo! UK & Ireland:
GLXO.L) and American Home Products Corp. (AHP - news), sparking speculation about
whether those failed negotiations
would make it difficult for the London-based firm to attract a partner.

Asked if SmithKline itself were leery of continuing in the quest for a merger partner
because of the two failures, Garnier said,
''I don't think so. First, we're in the research business. Sometimes it's part of the
innovation path (to stumble). We're trying to
do something difficult to do.

''Therefore, you can't guarantee everything you try succeeds. So two times is not a
pattern. The future will tell.''

Wall Street was galvanized by SmithKline's merger attempts, particularly its hoped-for
match with Glaxo -- a $70 billion deal
that would have created the world's largest drug company with an 8 percent worldwide
market share.

Asked if SmithKline's earlier efforts obligated the company to secure a merger partner,
Garnier said, ''Certainly not. We were
not locked in before and we are not locked in now.''

He said the company's main focus would continue to be the creation of shareholder value
through the ''organic growth'' of
introducing new drugs.

He said mergers and borrowing were ways to ''accelerate'' shareholder value.

In addition to mergers, Garnier said the company might consider the option of borrowing
money against its balance sheet and
plow the money into research and development.

''You can do it by linking that extra financing, for instance, to royalties on a given (drug)
product,'' he said.

Garnier denied speculation that SmithKline had walked away from the Glaxo deal because
of an alleged power squabble
between himself and Glaxo Chief Executive Robert Ingram.

''We completely disagree with that. That is not the case,'' he said.



To: celeryroot.com who wrote (19084)4/15/1998 8:11:00 AM
From: Henry Niman  Respond to of 32384
 
Here's more on the SBH pipeline:
SMITHKLINE BEECHAM'S EXPANDING PORTFOLIO OF DRUGS AND
VACCINES -

'Deep, Diversified and Innovative'

NEW YORK, April 14 /PRNewswire/ -- SmithKline Beecham's (NYSE: SBH) expanding
portfolio of drugs and vaccines is "deep, diversified and innovative and will translate into
sustained growth for the company well into the next millennium," SB President and Chief
Operating Officer Dr. Jean-Pierre Garnier said today.

In an update to securities analysts covering an array of more than 60 new chemical entities,
new indications and vaccines in SB's pipeline, Dr. Garnier noted that "product candidates
now moving through clinical trials promise to sustain over the next several years the steady
flow of new pharmaceuticals that SB has introduced to the healthcare marketplace
throughout the 1990s. The pace at which these compounds are moving through the clinic
reflects SB's commitment to value creation in its drug-development program.

"Looking still further into the future, we see unprecedented drug-discovery opportunities
offered by rapid advances in molecular biology. To secure success, we have strengthened
not only our in-house capabilities, but also our network of alliances with both academic
institutions and biotechnology companies," Dr. Garnier said.

Product candidates currently moving through clinical trials include:



NEW CHEMICAL ENTITIES

-- Avandia (rosiglitazone), for treating type 2 diabetes.

Avandia, a potent and selective member of the glitazone drug class, has

progressed to Phase III in an extensive clinical program intended to

develop the drug for use both as first-line monotherapy and in

combination with conventional therapy. Avandia attacks the fundamental

defect underlying type 2 diabetes, the resistance of cells to the

action of insulin, by activating nuclear hormone receptors. In trials

to date, the drug has demonstrated sustained glycemic control without

drug-drug interactions and with no evidence of hepatic side effects.

New drug applications for Avandia are scheduled to be filed in the U.S.

and Europe within 12 months.

-- Idoxifene, a selective estrogen-receptor modulator (SERM). Idoxifene is in Phase III for
the prevention of osteoporosis and Phase II for the treatment of advanced breast cancer.
Preliminary studies suggest that idoxifene favorably influences lipid levels. Additional
studies will examine the potential benefits of idoxifene in treating or preventing cognitive
disorders. In clinical trials, idoxifene has been well tolerated after up to one year of
treatment with low incidence of hot flashes and no evidence of patterns of increased venous
thromboembolism or leg cramps.

-- Ariflo, for obstructive airways diseases. Ariflo is the most advanced member of a class
known as PDE4 (phosphodiesterase 4) inhibitors, which block an enzyme involved in the
airway inflammation process. Ariflo has demonstrated impressive results in chronic
obstructive pulmonary disease, a serious and common condition with few effective therapies
currently available. Ariflo also has considerable potential in asthma by ameliorating the
three components of the disease: inflammation, bronchoconstriction, and structural
modification of airways.

-- SB 265805, for bacterial infections, currently in Phase II. In vitro studies have
demonstrated that this compound is the most potent oral quinolone to emerge against a
variety of organisms including such common and increasingly resistant pathogens of the
respiratory tract as Haemophilus influenzae, Moraxella catarrhalis, and Streptococcus
pneumoniae. The compound is being developed as oral, once-daily therapy with the
potential for shorter duration of dosing than current therapy.

-- Tranilast, for prevention of restenosis, or narrowing of arteries, following coronary
angioplasty. In preliminary studies involving 420 patients, tranilast has been associated with
reductions in the incidence of restenosis of up to 67 per cent. Additional studies are under
way to confirm these findings.



Also in clinical trials are a wide variety of drugs that SB is

progressing to meet unmet medical needs including migraine, irritable

bowel syndrome, rheumatoid arthritis, and thrombosis.



NEW INDICATIONS

The clinical program is also evaluating significant new

indications for several already-marketed drugs. In the 1998-2000

period, SB expects to file regulatory applications in support of using

Seroxat/Paxil (paroxetine) to treat social phobia, generalized anxiety

disorder, and post-traumatic stress disorder, significantly expanding

the potential market for the product (Paxil is currently approved for

use in depression, panic, and obsessive-compulsive disorder). Paxil is

also being studied in combination with pindolol to determine whether

the combination speeds onset of action.

-- Famvir (famciclovir), currently approved for treating shingles and recurring episodes of
genital herpes, is in trials to determine its effectiveness in preventing the establishment of
latent herpes infections and in treating chronic hepatitis B infection.

-- Baycol (cerivastatin). In trials at higher than currently approved doses, an enhanced
cholesterol-lowering capability has been recorded that is comparable to that of the market
leaders in its statin drug class. Further studies are ongoing to confirm these encouraging
results.

-- Coreg/Kredex (carvedilol), currently marketed for treating heart failure and hypertension,
is being studied as a therapy to immediately follow heart attacks.

-- Hycamtin, currently approved for second-line therapy of ovarian cancer, is in Phase II
trials as a therapy for myelodysplastic syndrome. An application for another indication,
small-cell lung cancer, has already been filed. Additionally, Hycamtin, now an intravenous
product, is being studied as an oral formulation to improve convenience and possibly its
safety profile.



VACCINES

Reviewing the company's extensive vaccines portfolio, Jean

Stephenne, Senior Vice President and General Manager, SmithKline

Beecham Biologicals, expressed confidence that SB will build on its

leadership position with new breakthrough vaccines for prophylaxis and

therapy and more convenient combination products, especially for

children.

-- A regulatory filing for a Lyme disease vaccine is under evaluation at the FDA. Lyme
disease is a tick-borne bacterial infection presenting risk of serious disabling conditions
that is present in 46 U.S. states. Trials involving over 10,000 subjects provide strong
evidence of efficacy, compliance and tolerance.

-- A prophylactic genital herpes vaccine has advanced into Phase III trials that have enrolled
more than 10,000 subjects.

-- Prophylactic vaccines to prevent malaria and diseases caused by rotavirus and
respiratory syncytial virus are in Phase II.

-- Infanrix combination pediatric vaccines against hepatitis B, polio and Haemophilus
influenzae type b as well as diphtheria, tetanus and pertussis continue to be developed.

-- A vaccine against measles, mumps and rubella with an improved safety profile has
received its first worldwide approval. The vaccine is also being studied in combination with a
varicella vaccine.

-- Therapeutic vaccines, or "pharmaccines." In clinical trials are vaccines aimed against
hepatitis B, melanoma, human papilloma virus, genital warts, and food and hay fever
allergies.



GROWING PRODUCTIVITY AND OPPORTUNITY

One measure of the activity in the SB clinical program is the

number of patients currently enrolled--approximately 18,000, exclusive

of patients in vaccine trials, up from a range of 8,000 to 12,000

earlier this decade. Dr. David U'Prichard, Chairman, Research and

Development, noted that this accelerating activity has been accompanied

by accelerating productivity. "SB's stated goal has been to shorten the

time required to take a compound from discovery to regulatory

submission by 44 per cent during this decade -- to 2,000 days on

average by the year 2,000, down from 3,600 days in 1991," Dr.

U'Prichard said. As of 1997, the company was already nearing this

goal, having cut the average development time to 2,200 days.

At the same time, SB has assembled the discovery technologies essential to providing
novel compounds to be tested in the clinic: DNA sequencing, bioinformatics, functional
genomics, combinatorial chemistry and fast- throughput screening. Whereas fewer than
500 drug targets were available to the entire pharmaceutical industry up to 1995, SB alone
was working on some 200 targets in 1997. "Genomics has changed our ability to identify
new targets for drug action; we have gone from famine to feast," said Dr. Peter Goodfellow,
Senior Vice President, Discovery Worldwide. A bacterial genomics initiative has identified
new drug targets in pathogenic bacteria such as S. pneumoniae and Staphylococcus
aureus which provide opportunities for discovering novel classes of antibiotics.

Concluding the presentations, Dr. Garnier reaffirmed the growing value of SmithKline
Beecham's drug and vaccines portfolio and the healthy state of its R&D organization. "Even
after taking into account the inherent risks of drug development, our expanding portfolio of
drugs and vaccines makes us optimistic about the future," Dr. Garnier said.

SmithKline Beecham (NYSE: SBH) -- one of the world's leading healthcare companies --
discovers, develops, manufactures, and markets pharmaceuticals, vaccines,
over-the-counter medicines, and health-related consumer products, and provides healthcare
services including clinical laboratory testing, disease management, and pharmaceutical
benefit management. For company information, visit SmithKline Beecham on the World
Wide Web at sb.com.

SOURCE SmithKline Beecham

04/14/98 /CONTACT: Media, Jeremy

Heymsfeld, 215-751-5166, or Richard Koenig, 215-751-3415, or Investors,

Richard Williams, 215-751-7002, all of SmithKline Beecham/

/Company News On-Call: prnewswire.com or fax, 800-758-5804,

ext. 801350/

/Web site: sb.com (SBH)

CO: SmithKline Beecham ST: Pennsylvania IN: MTC SU:



To: celeryroot.com who wrote (19084)4/15/1998 8:15:00 AM
From: Henry Niman  Read Replies (2) | Respond to of 32384
 
SBH's TZD, BRL 49653 (rosiglitazone), was used in LGND's Nature paper showing that Targretin and LGD1268 could synergize with it:

Nature 1997 Mar 27;386(6623):407-410

Sensitization of diabetic and obese mice to insulin by retinoid X receptor
agonists.

Mukherjee R, Davies PJ, Crombie DL, Bischoff ED, Cesario RM, Jow L, Hamann LG, Boehm MF, Mondon CE,
Nadzan AM, Paterniti JR Jr, Heyman RA

Department of Cardiovascular Research, Ligand Pharmaceuticals, San Diego, California 92121, USA.

Retinoic acid receptors (RAR), thyroid hormone receptors (TR), peroxisome proliferator activated receptors (PPARs) and the
orphan receptor, LXR, bind preferentially to DNA as heterodimers with a common partner, retinoid X receptor (RXR), to regulate
transcription. We investigated whether RXR-selective agonists replicate the activity of ligands for several of these receptors? We
demonstrate here that RXR-selective ligands (referred to as rexinoids) function as RXR heterodimer-selective agonists, activating
RXR: PPARgamma and RXR:LXR dimers but not RXR:RAR or RXR:TR heterodimers. Because PPARgamma is a target for
antidiabetic agents, we investigated whether RXR ligands could alter insulin and glucose signalling. In mouse models of
noninsulin-dependent diabetes mellitus (NIDDM) and obesity, RXR agonists function as insulin sensitizers and can decrease
hyperglycaemia, hypertriglyceridaemia and hyperinsulinaemia. This antidiabetic activity can be further enhanced by combination
treatment with PPARgamma agonists, such as thiazolidinediones. These data suggest that the RXR:PPARgamma heterodimer is a
single-function complex serving as a molecular target for treatment of insulin resistance. Activation of the RXR:PPARgamma
dimer with rexinoids may provide a new and effective treatment for NIDDM.

PMID: 9121558, UI: 97238686