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Microcap & Penny Stocks : Pharmos(PARS) -- Ignore unavailable to you. Want to Upgrade?


To: InvestorLady who wrote (768)5/7/1998 1:44:00 PM
From: David Israel-Rosen  Read Replies (3) | Respond to of 1491
 
Dear Investor lady. Your cup is always half "fool"!!!

Tell me what is not clear in the Dow Jones Article ?

David

Pharmos Head-Trauma, Cancer Drugs In
Development

Dow Jones Newswires

ISELIN, N.J. -- Pharmos Corp.'s (PARS) dexanabinol drug for severe
head trauma is in phase II testing and its tamoxifen analog program for
cancer treatment is in pre-clinical development.

In a press release Thursday, the company said it recently completed
enrollment of severe head trauma patients treated with the second dose, 150
milligrams, of dexanabinol in its phase II trial and began enrolling patients to
be treated with the third dose, 300 mg.

So far, 67 patients have been enrolled with no apparent safety concerns,
according to an external safety committee. The mortality rate is about 12%.
Pharmos said this rate is low, based on the test population.

Pharmos will unblind the first two dosages this summer. The information will
help planning of phase III clinical trial in head trauma and Phase II in stroke,
as well as in negotiations with partners.

The company also continues to develop its tamoxifen analog program. In
pre-clinical studies, one analog, tamoxifen methiodide, has shown more
tumorcidal activity than tamoxifen. The drug also appeared safer than the
base tamoxifen. Pharmos plans to complete pre-clinical development near
the end of 1998.

Pharmos makes products to treat opthalmic and neurological disorders.