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Panacos is developing small-molecule antivirals. Their lead compound is a first in class, orally available HIV maturation inhibitor. It is heading for PIIb in early 2006. There are other drugs in the pipeline, though they are quite early: panacos.com Thus PA-457 will drive interest for some time to come. Here's a couple of snips from their most recent quarterly PR: "The company recently announced positive results from a Phase 2a study of its lead product candidate, PA-457, a first-in-class HIV maturation inhibitor. The trial met its primary endpoint by demonstrating a statistically significant reduction (p<0.0001) in the level of HIV in the blood, known as viral load, compared to placebo, with a median viral load reduction in the highest dose group of 1.03 log10, or a 91% decrease." "The company recently completed a common stock offering of 8.25 million shares, with approximately $81.0 million in net proceeds to the Company. These funds, together with existing cash and cash equivalents, should be sufficient to enable Panacos to fund operations into the second half of 2007.<< Panacos went public earlier this year through a reverse merger with V.I. Technologies. The former's programs are gone; it's all Panacos now. Link to management team, sans biographies: panacos.com This forum is for polite discussion of Panacos and it products, as well as competitors to the extent that they affect Panacos. | ||||||||||||
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