To All... News, Amylin Pharmaceuticals Begins First Human Study of Exendin-4, Its Second Diabetes Drug Candidate
PR Newswire, Tuesday, August 18, 1998 at 07:51
SAN DIEGO, Aug. 18 /PRNewswire/ -- Amylin Pharmaceuticals, Inc. (NASDAQ:AMLN) today announced that it has initiated a Phase 1 clinical study of AC2993 (exendin-4), an investigational drug for type 2 diabetes. Exendin-4 was originally isolated from the salivary secretions of the Gila monster, a lizard that is native to the Arizona deserts. Now, a synthetic version of this peptide is being administered subcutaneously to normal human volunteers. This single-dose-escalation study, which is taking place in the United Kingdom, is designed to test the safety and tolerability of exendin-4. Based on the results of this Phase 1 clinical trial, concept testing studies in patients with type 2 diabetes could begin in 1999. "In late 1996, we acquired exclusive patent rights to two exendin molecules from their discoverer, John Eng, M.D. of Bronx, New York, and have expeditiously moved exendin-4 through research into early human testing," said Maurizio Denaro, M.D., Amylin Pharmaceuticals' Executive Vice President and Chief Technical Officer. "Over 50% of the structure of exendin-4 is homologous to glucagon-like peptide-1 (GLP-1), a human hormone thought to be important in glucose metabolism. However, exendin-4 is pharmaceutically more attractive than GLP-1, one reason being its longer duration of biological action. Data that we have obtained so far from animal models supports the idea that exendin-4 may be a promising drug candidate for treating type 2 diabetes and related metabolic disorders such as obesity." Exendin-4 has been shown to exert effects that appear important for metabolic and glucose control. In animal models, exendin-4 stimulated secretion of insulin (a glucose-lowering hormone) in the presence of excess blood-glucose concentrations and not during periods of hypoglycemia -_ dangerously low blood-glucose concentrations. Exendin-4 also modulated gastric emptying to slow the entry of ingested nutrients into the bloodstream. Chronic subcutaneous administration of exendin-4 lessened food consumption in obese animals, leading to reduced body weight. Most importantly, administration of exendin-4 has resulted in near normalization of glucose control in animal models of type 2 diabetes. Type 2 diabetes is a complex disease typically characterized by elevated blood-glucose concentrations, insulin resistance and obesity. As the disease progresses, treatment often becomes ineffective and must be supplemented or replaced with insulin. The Company believes that exendin-4 has the potential to be of therapeutic value across a wide scope of this disease. Currently, it is estimated that 15 million people in the United States suffer from type 2 diabetes. "Initiation of this modest-cost Phase 1 study of exendin-4 is part of the Company's directed strategy to broaden its metabolic drug development activities beyond pramlintide," said Joseph C. Cook, Jr., Amylin's Chairman and Chief Executive Officer. "Pramlintide, a synthetic analogue of human amylin that was invented and patented by the Company, is the subject of four ongoing Phase 3 clinical trials. We expect to report results from two of these studies in the fourth quarter of this year. We are currently in discussions with potential corporate partners who might aid in the development and commercialization of pramlintide and/or exendin-4." Amylin Pharmaceuticals, Inc. is focused on developing novel medicines for treating metabolic disorders. The Company has pioneered research of the hormone amylin, which is believed to play an important role in metabolic control and is missing or deficient in millions of people with diabetes. The Company is developing pramlintide, its patented synthetic analog of human amylin, for the treatment of diabetes. Four, ongoing Phase 3 clinical studies of pramlintide are fully enrolled. The studies, two each in type 1 and insulin-using type 2 diabetes, are designed to test pramlintide's safety and efficacy and thereby support regulatory filings in Europe and the United States. AC2993 (exendin-4), an investigational drug for type 2 diabetes and related metabolic disorders, is currently undergoing Phase 1 safety and tolerability testing. The Company has a research and development pipeline within the field of metabolic disorders, including preclinical programs for GLP-1 for type 2 diabetes and obesity, lipid-lowering antioxidants for atherosclerosis and prevention of restenosis, and new drug targets for obesity, including mitochondrial uncoupling proteins. Amylin Pharmaceuticals is headquartered in San Diego, California and has European operations headquartered in Oxford, U.K. This press release contains forward-looking statements that involve risks and uncertainties. The Company's actual results could differ materially from those discussed herein, due to risks and uncertainties regarding, among other things, the drug discovery and development process, the results of the Company's ongoing and planned clinical studies of pramlintide and AC2993 (exendin-4), the Company's ability to raise additional capital to finance its business operations, the timing of filing for regulatory approval of pramlintide, and if such approval is received, time to market thereafter. Additional risks and uncertainties are described in the Company's most recently filed SEC documents, such as its Form 10-K and 10-Q.
SOURCE Amylin Pharmaceuticals, Inc. -0- 08/18/98 /CONTACT: Richard W. Krawiec, Ph.D., Director of Corporate Communications of Amylin Pharmaceuticals, Inc., 619-552-2200/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 100201/ /Web site: amylin.com
Companies or Securities discussed in this article: Symbol Name NASDAQ:AMLN Amylin Pharmaceuticals Inc
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