Should be the first of many such announcements:
====================================================================== SUNNYVALE, Calif., Aug. 20 /PRNewswire/ -- Pharmacyclics, Inc. (NASDAQ:PCYC) today announced the initiation of two phase I clinical trials of its gadolinium texaphyrin (Gd-Tex) radiation sensitizer for the treatment of primary brain tumors at the University of California, Los Angeles (UCLA) Jonsson Comprehensive Cancer Center in Los Angeles, CA. These studies are two of several clinical trials being sponsored by the National Cancer Institute (NCI) to be conducted under a Cooperative Research And Development Agreement (CRADA) with the NCI. Gd-Tex is a radiation sensitizer that has completed phase II testing for the treatment of brain metastases. Gd-Tex localizes into tumors and has been shown to increase the potency of radiation treatment. In March, 1997, the Decision Network of the NCI voted to sponsor additional clinical trials at leading institutions across the country using Gd-Tex as a radiation sensitizer to treat a variety of cancers including brain, head and neck, lung, pancreas and prostate. The UCLA trials, the first of the NCI-sponsored trials to open, will enroll patients with newly-diagnosed glioblastoma multiforme, who will receive radiation therapy to the brain following intravenous administration of Gd-Tex. Also participating in this study are University of Southern California/Norris Comprehensive Cancer Center in Los Angeles, CA and Cooper House Systems/Robert Wood Johnson Medical School, Camden, NJ. Primary brain tumors (non-metastatic), such as glioblastoma multiforme, are usually fatal due to tumor progression. Radiation therapy is used for tumor control but is not curative. Patient enrollment has begun in the first trial, which is designed to evaluate various dosing regimens of Gd-Tex with a standard dose of radiation. In a second trial, Gd-Tex will be administered prior to surgery, and localization of the drug will be measured from the resected tumors. Patients will then receive a treatment course of Gd-Tex and radiation. Additional NCI-sponsored trials are expected to start over the next several months. "We are very excited about the potential use of Gd-Tex in primary brain tumors," said Judith Ford, M.D., Ph.D., assistant professor of radiation oncology at UCLA and principal investigator on the study. "The NCI-sponsored trials provide an opportunity to examine Gd-Tex in a broad range of potential indications," said Richard A. Miller, M.D., president and chief executive officer of Pharmacyclics. "We are delighted that these trials are underway in parallel with our clinical development of Gd-Tex for brain metastases." Animal studies have indicated that Gd-Tex increases the efficacy of external beam radiation therapy. The company recently presented phase Ib/II clinical data for treatment of brain metastases at the meeting of the American Society of Clinical Oncology (ASCO) where a 73% response rate was reported. In a case-matched historical control analysis, a favorable effect on survival was shown for patients treated with Gd-Tex and radiation compared to patients receiving radiation alone. Based on the phase Ib/II results the company expects to initiate a pivotal multi-center phase III trial. Pharmacyclics is a pharmaceutical company developing energy-potentiating drugs to improve radiation therapy and chemotherapy of cancer, and to enable or improve the photodynamic therapy of certain cancers and atherosclerotic cardiovascular disease. The company's products are small ring-shaped molecules, called "texaphyrins," which are patented agents derived from Pharmacyclics' versatile technology platform for designing and synthesizing energy-potentiating drugs. These texaphyrins localize in cancer cells and atherosclerotic plaque, where they can be activated by forms of energy, including X-ray, chemical and light, to eliminate diseased tissue. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the company's expectations. In addition to the matters described in this release, future actions by the U.S. Food and Drug Administration and other domestic and foreign regulatory agencies, the initiation, timing and results of pending or future clinical trials, as well as risk factors listed from time to time in the company's reports as filed with the U.S. Securities and Exchange Commission including, but not limited to, its reports on Forms 10-Q and 10-K, may affect the actual results achieved by the company.
SOURCE Pharmacyclics, Inc. -0- 08/20/98 /CONTACT: Leiv Lea of Pharmacyclics, Inc., 408-774-0330; or Angela Bitting of Russell-Welsh, Inc., 650-312-0700, ext. 15, for Pharmacyclics, Inc./ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 110031/ /Web site: pcyc.com
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