SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Micrologix biotech -- Ignore unavailable to you. Want to Upgrade?


To: Pete who wrote (416)2/3/1999 4:13:00 AM
From: Graham Dellaire  Respond to of 792
 
Micrologix Plans to Initiate Clinical Trials for the Treatment of Acne

VANCOUVER, Feb. 2 /CNW/ - Micrologix Biotech Inc.
Trading Symbol: MBI (TSE/VSE)
MGIXF (US over the counter)

Micrologix's Bactolysins (cationic antimicrobial peptides) offer
significant potential to treat severe inflammatory acne, as shown by recent
results from the Company's preclinical program. Currently, many strains of
bacteria associated with acne are highly resistant to the traditional
antibiotics used to treat this disease. Micrologix has been developing
Bactolysins that are highly active against these strains and is currently
selecting candidates for further studies. The Company plans to initiate
clinical trials for the treatment of acne in the first quarter of 2000.
Acne is the most common inflammatory skin disease of adolescence and
early adulthood. Nearly 20% of all visits to dermatologists are related to its
evaluation and treatment. While not life-threatening, the characteristic
papules, nodules and pustules occurring on the face, neck and upper body of
acne sufferers can persist for years and have serious adverse psychosocial
effects including depression and withdrawal from society. By conservative
estimates, acne affects 17 million people in the US alone.
The US market for prescription anti-acne medications is approximately
$1.2 billion annually. Current therapy for severe acne includes topical
antibiotics and the use of systemic antibiotics approved for other
indications. Yet increasing resistance to these antibiotics is severely
limiting their use. Topical and systemic retinoids (derivatives of vitamin A)
have recently entered clinical practice as a treatment for moderate to severe
acne. However, these compounds, particularly in systemic form, can have
significant side effects and have been shown to cause birth defects if taken
during pregnancy.
The most important bacterium associated with acne is Propionibacterium
acnes, with secondary infection due to Staphylococcus aureus and
Staphylococcus epidermidis. Antibiotic resistance in P. acnes strains -- and
in the other bacteria associated with acne -- has been reported worldwide. In
fact, the overall incidence of antibiotic resistant P. acnes has dramatically
increased from 20% in 1978 to 62% in 1996. Strains of acne-causing bacteria
now resist both systemic and topical forms of erythromycin, one of the most
widely prescribed antibiotics.
''We're running out of options,'' says Dr. James Leyden, professor of
dermatology at the University of Pennsylvania School of Medicine, a
world-renowned expert in acne therapy and an advisor to Micrologix. ''We
estimate that at least one out of four acne patients is infected with strains
of P. acnes that are resistant to tetracycline, erythromycin and clindamycin.
And these strains also show lower susceptibility to minocycline and
doxycycline than in the past.''
Micrologix's Bactolysins offer significant potential for the effective
treatment of severe acne. Results from our preclinical research program
demonstrate that Bactolysins are non-toxic and non-irritating in animal
models. In addition, the superior activity of Bactolysins against resistant
strains of acne-causing bacteria suggests that these agents may be more
effective than currently available antibiotics. Most importantly, unlike
conventional antibiotics, Bactolysins kill microorganisms such as bacteria by
destroying their cellular membranes, thus preventing bacteria from developing
resistance to Bactolysin compounds. For these reasons, Bactolysins are
considered to be strong drug candidates for the treatment of severe
inflammatory acne. The Company is proceeding with additional preclinical
testing of several of its lead Bactolysins and plans to initiate clinical
trials in the first quarter of 2000.

Micrologix Biotech Inc. is a biopharmaceutical company developing novel
drugs to treat severe and life-threatening diseases. The Company's broad
portfolio of drug candidates is based on improved analogs of the
anti-infective peptide compounds found in the host- defense systems of most
life forms. These compounds are targeted at serious infectious diseases --
particularly those caused by antibiotic resistant microorganisms -- as well as
cancer and other diseases. Micrologix's first product, for the prevention of
bloodstream infections associated with central venous catheters, is in Phase I
clinical studies. Lead candidates for the treatment of eye infections and acne
are in preclinical development.

The foregoing news release contains forward-looking statements within the
meaning of the United States Private Securities Litigation Reform Act of 1995.
All statements other than statements of historical fact may be deemed to be
forward-looking statements. Forward-looking statements frequently, but not
always use the words ''expects'', ''anticipates'', ''suggests'', ''plans'',
''believes'' or ''intends'', or similar words and/or include statements
concerning the Company's strategies, goals and plans, or state that certain
actions, events or results ''will'' be taken, occur or be achieved. These
forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievement
of the company, or industry results, to be materially different from any
future results, performance or achievements expressed or implied by such
statements. Such factors include, among others those described in the
Company's annual report on Form 20-F, including the following: uncertainties
related to early stage of development, technology and product development;
dependence on future corporate collaborations; dependence on proprietary
technology and uncertainty of patent protection; management of growth; future
capital needs and uncertainty of additional funding; intense competition;
manufacturing and market uncertainties; government regulation; product
liability exposure and insurability.

The Toronto Stock Exchange and the Vancouver Stock Exchange have not
reviewed and do not accept responsibility for the adequacy or accuracy of this
release.