Guest guest Posted February 9, 2005 Report Share Posted February 9, 2005 Aethlon Medical to initiate HIV trials in India Tue Feb 8, 8:41 PM ET Local - San Diego Daily Transcript San Diego-based Aethlon Medical Inc. (OTCBB: AEMD - news) announced Tuesday that it has retained Sunil Sawhney and other regulatory advisors from Qualtran, LLC to manage clinical studies to treat patients infected with HIV the AIDS virus -- in India. Aethlon said Sawhney was sought-out because of his extensive background in overseeing clinical trials. Sawhney is currently a principal for Qualtran -- a clinical research organization focused on planning and managing human clinical trials in India. He was formerly the director of Boston Scientific India -- a worldwide developer, manufacturer and marketer of medical devices. Aethlon CEO, A. Joyce, said operating in India provides the company an opportunity to work with some leaders in the Indian medical industry, providing a path to obtaining early data for treating humans. Joyce said Aethlon also has tremendous support from organizations from within India to initiate these studies, and that data will compliment the company's efforts in the United States. Joyce said the company is pioneering the development of viral filtration devices -- such as its HIV-Hemopurifier -- to treat HIV/AIDS, Hepatitis-C (HCV), and pathogens that are mass casualty biological warfare candidates. " Our initial objective is to implement the technology of our HIV-Hemopurifier in conjunction with current drug therapy to extend and improve performance of drug therapy, " Joyce said. " And at the same time we have an opportunity to treat those patients who are drug resistant, and inevitably most people infected with HIV become drug resistant and are left without treatment options. So there's a significant market opportunity. " According to the Gates Foundation -- which builds upon opportunities of the 21st century to improve equity in global health and learning -- 5.1 million individuals in India were infected with HIV in 2004, a ten-fold increase over the last decade. It is projected that the number of HIV-infected citizens in India could increase to 20 million to 25 million by 2010. Although the company will initially be conducting its clinical studies for HIV and Hepatitis C in India, Joyce said he envisions having multiple programs in other locations around the world, in addition to its U.S. base. Joyce said there is currently a " harmonization " between U.S. and Indian protocols regarding clinical trials. " We intend to manage our programs in India under similar, if not the same, protocols we use here in the U.S. That way we can actually use some of our data that we obtain in India as part of our U.S. effort, " Joyce said. Joyce said a good deal of data that will be obtained in India should compliment the company's biological weapons counter-measure efforts, which they are working on in cooperation with the National Center for BioDefense at Mason University in Manassas, Va. Joyce said there are stock-piling requirements by the federal government once products are approved, which could bring significant income in the short-term. However, there may be more money in treating chronic diseases such as HIV or Hepatitis-C in the long-term. Aethlon shares closed at 40 cents, up 5 cents, or 14.29 percent, during regular trading on Tuesday. http://www.sddt.com/ _____________________ greetings Phi Huynhdo E-mail: <huynhdophi@...> Quote Link to comment Share on other sites More sharing options...
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