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Biotech / Medical : Pathogenesis(pgns) -- Ignore unavailable to you. Want to Upgrade?


To: Anthony Wong who wrote (97)7/1/1998 11:22:00 AM
From: Ken M  Read Replies (1) | Respond to of 228
 
PR Newswire, Wednesday, July 01, 1998 at 08:15

Second Entry in Portfolio to Treat Chronic Lung Infections

SEATTLE, July 1 /PRNewswire/ -- PathoGenesis Corp. (NASDAQ:PGNS) today
announced it has been granted a U.S. patent for PA-1420 (polymyxin E1*), a
broad-spectrum gram-negative aerosolized antibiotic now in preclinical
development. PA-1420 is the second entry in the company's planned portfolio
of aerosolized antibiotics to treat a number of chronic lung infections,
including those common in cystic fibrosis, bronchiectasis, ventilator-
dependent and immunocompromised patients.
"PA-1420 is a potent antibiotic active against difficult-to-treat
pseudomonal lung infections. We expect it to complement our first aerosolized
antibiotic, TOBI(R) (tobramycin solution for inhalation), which was approved
by the FDA late last year," said A. Bruce Montgomery, M.D., executive vice
president of research and development for PathoGenesis. "Together, the two
aerosolized antibiotics could provide physicians with more options to treat
difficult chronic lung infections."
PA-1420 has demonstrated a strong antibacterial effect against Pseudomonas
aeruginosa in laboratory testing. This potency -- and the expertise
PathoGenesis has developed in formulating aerosolized antibiotics -- means
that a therapeutic dose of PA-1420 could be delivered rapidly, Montgomery
said. In addition, PA-1420 is a peptide antibiotic and has a different
mechanism of action than TOBI. This could provide physicians with alternative
or alternating treatments.
PA-1420 is a purified component of the antibiotic colistin, which has been
sold for several decades in its prodrug form (Coly-Mycin(R)M, Parke-Davis) for
intravenous or intramuscular injection to treat certain gram-negative
infections. Knowledge of that related drug's activity in humans could
significantly reduce the time required to bring PA-1420 to market, Montgomery
said. PathoGenesis introduced TOBI in record time -- just three years from
the time it requested the U.S. Food and Drug Administration's go-ahead to
begin clinical trials -- due in part to its knowledge of tobramycin's activity
in humans.
Clinical trials of PA-1420 may begin in 1999 and initially are expected to
test the drug candidate in cystic fibrosis patients in combination with TOBI.
TOBI is inhaled twice daily in repeated cycles of 28 days on drug, followed by
28 days off drug. PA-1420 would be used in the TOBI off cycle. This
continuous antibiotic treatment may further improve the suppression of chronic
pseudomonal lung infections. Research on PA-1420 is being funded in part by a
Therapeutics Development Grant from the Cystic Fibrosis Foundation.
Seattle-based PathoGenesis Corp. develops drugs for treating serious
infectious diseases where there is a significant need for improved therapy.
The company markets an inhaled antibiotic in the U.S. and is developing drug
candidates to treat serious chronic lung infections, including those common in
cystic fibrosis, bronchiectasis and tuberculosis patients. PathoGenesis'
stock is traded on the Nasdaq National Market System under the symbol PGNS.
The company's Web site is located at www.pathogenesis.com.
Note: This news release contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are subject to known and unknown risks,
uncertainties or other factors that may cause the company's actual results to
be materially different from historical results or any results expressed or
implied by such forward-looking statements. Factors that might cause such a
difference include, but are not limited to, uncertainties related to the fact
that PathoGenesis began commercial operations only recently, its dependence on
TOBI, third party reimbursement and product pricing, government regulation,
drug development and clinical trials, competition and alternative therapies,
and other factors described in PathoGenesis' filings with the Securities and
Exchange Commission.

* The "1" in "polymyxin E1" should be read as a superscript.

SOURCE PathoGenesis Corp.
-0- 07/01/98
/CONTACT: Alan Meyer, 206-467-8100, or Maryellen Thielen, 847-583-5424,
both of PathoGenesis Corp.; or Barbara Lindheim of Noonan-Russo, 212-696-4455,
ext. 237, for PathoGenesis/
/Web site: pathogenesis.com



To: Anthony Wong who wrote (97)7/18/1998 8:46:00 AM
From: Mel Spivak  Respond to of 228
 
Some good discussion on the Yahoo bd. Start with this one and god to its reply: messages.yahoo.com@m2.yahoo.com



To: Anthony Wong who wrote (97)7/30/1998 3:48:00 PM
From: Jason Urquhart  Read Replies (4) | Respond to of 228
 
Does anybody have any explanation for the selling of PGNS after reaching profitability earlier than expected?