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Biotech / Medical : LXR Biotech. -- Ignore unavailable to you. Want to Upgrade?


To: BRAVEHEART who wrote (136)1/11/1999 7:57:00 PM
From: BRAVEHEART  Respond to of 154
 
Dr. Topel joins LXR....

Hi Gang,

This is another indication of where LXR is headed with it's product pipeline. Here is a link to the story:

biz.yahoo.com

This is a key development because Topel brings in a wealth of added R&D experience. Here is an excerpt from the story which sums this point up nicely.

"Dr. Topol has served as principal investigator for more than 15 international multi-center clinical trials including trials that led to the approval of TPA (Genentech: Activase), a compound used to dissolve blood clots causing heart attack, and abciximab (Centocor and Eli Lilly: ReoPro), a compound used to prevent clot reformation in connection with treatment of heart attack. Activase and ReoPro are two of the most important cardiology drugs developed by the biotechnology industry."

"Dr. Topol's primary focus on LXR's Cardiovascular Clinical Development Board will be to advise the Company on the preclinical and clinical development of Elirex™ and related compounds such as LXR1035, the Company's proprietary compounds for the protection of heart muscle cells in heart attack."

PS: Technically we did not see much from this release primarily because of the technical indicators... : ( However I believe it is still a considerable development which will benefit shareholders long term.

PATIENCE
LONE WOLF