Guest guest Posted June 22, 2003 Report Share Posted June 22, 2003 <A HREF= " aol://4344:30.LH0B3h3P.386397.740401619/ " >06/18: Hollis-Eden Pharmaceuticals and the Cystic Fibrosis Foundation to Collaborate o</A> Hollis-Eden Pharmaceuticals and the Cystic Fibrosis Foundation to Collaborate on Clinical Development of HE2000 in Cystic Fibrosis SAN DIEGO--(BUSINESS WIRE)--June 18, 2003--Hollis-Eden Pharmaceuticals, Inc. (NASDAQ:<A HREF= " aol://4785:HEPH/ " >HEPH</A>) and Cystic Fibrosis Foundation Therapeutics, Inc, (CFFT), the non-profit drug discovery and development affiliate of the Cystic Fibrosis Foundation, today announced a collaboration agreement to study HE2000 (IMMUNITIN ), one of Hollis Eden's investigational immune regulating hormones (IRHs) in a Phase I/II clinical trial for the treatment of cystic fibrosis (CF). CFFT will award approximately $1.7 million in funding toward the clinical development of the investigational drug candidate. CF is a genetic disorder that causes the build-up of thick mucus in the lungs and pancreas. The mucus in the lungs leads to chronic infections and subsequent pulmonary inflammation and deterioration. Based on Hollis-Eden's data regarding the anti-inflammatory effects and attenuation of opportunistic infections in early clinical studies in patients with HIV and AIDS, and based on anti-mycobacterial activity in preclinical models of tuberculosis, the Company believes that IMMUNITIN may decrease the chronic inflammation in lungs which can lead to the damage associated with CF. The Company also believes that by stimulating the immune system, IMMUNITIN could also limit and prevent pulmonary infections in these patients. To date, IMMUNITIN has been well tolerated when administered to HIV/AIDS patients. CF affects 30,000 children and young adults in the United States, and more than 10 million Americans are unknowing symptomless carriers of the defective CF gene. The most common cause of death in people with CF is respiratory failure. Current treatments include an aerosol drug to thin the thick CF mucus and antibiotics to treat the chronic infections. Long-term treatment with antibiotics can lead to the development of resistance to these drugs. " We are excited to work with a new class of compounds that has demonstrated both anti-inflammatory and immune stimulatory properties and has exhibited an attractive safety profile to date, " said J. Beall, Ph.D., president and CEO of the CF Foundation. " Although new treatment interventions over the years have improved and extended the lives of patients with CF, there is still much more work to be done. While we continue research towards a cure, we must also develop additional therapies that address the many damaging effects of CF, such as lung inflammation. We are eager to begin testing this novel approach in the clinic in the hope that it brings a positive change in the lives of people with CF. " " It is a privilege to be collaborating with CFFT to assess the potential benefit of IMMUNITIN in patients suffering from CF, " said Hollis, chairman and CEO, Hollis-Eden Pharmaceuticals, Inc. " If IMMUNITIN demonstrates a similar effect in CF patients on regulating key inflammatory cytokines and other components of immune function that were seen in both HIV and AIDS patients, it could provide a real breakthrough in the treatment of this tragic disease. We also believe that if IMMUNITIN is able to correct immune dysfunction in this setting, it may also be useful in other pulmonary disorders such as chronic bronchitis, asthma and chronic obstructive pulmonary disease. " Hollis-Eden Pharmaceuticals, Inc. is a development-stage pharmaceutical company based in San Diego, working to become the world leader in the development of a new class of investigational drugs known as Immune Regulating Hormones (IRHs). The goal of IRH therapy is to direct, through controlling gene expression, the production of key cytokines and enzymes that re-regulate immune and metabolic functions toward homeostasis, a profile that could be useful in a wide variety of diseases. The Company has a number of investigational IRHs under development, including HE2100, which the Company is co-developing with the U.S. military for use in protection from radiation injury and HE2000, which are currently being studied in a number of infectious diseases. Hollis-Eden is also developing an additional IRH, HE2200, for improving vaccine responses in the elderly and for lowering cholesterol in conditions of hypercholesterolemia. For more information on Hollis-Eden, contact the Company's Web site at http://www.holliseden.com/. The Cystic Fibrosis Foundation was created in 1955 to assure the development of the means to cure and control CF and to improve the quality of life for people with the disease. CFFT is the nonprofit drug development affiliate of the CF Foundation that operates drug discovery, development and evaluation efforts. The CF Foundation provides total support of CFFT. For more information about CF and the CF Foundation, visit the CF Foundation Web site at www.cff.org. This press release contains forward-looking statements concerning the potential and prospects of the Company's drug discovery program and its drug candidates. Any statement describing a goal, expectation, intention or belief of the Company is a forward-looking statement and should be considered an at-risk statement. Such statements are subject to certain risks and uncertainties, including the failure to successfully complete clinical trials, the Company's future capital needs, the Company's ability to obtain additional funding and required regulatory approvals, the ability of the Company to protect its intellectual property rights and to not infringe the intellectually property rights of others, the development of competitive products by other companies and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. CONTACT: Hollis-Eden Pharmaceuticals, San Diego Dan Burgess, 858/587-9333 or BMC Communications Brad Miles, 212/477-9007 or CF Foundation Tobin, 301/841-2665 SOURCE: Hollis-Eden Pharmaceuticals, Inc. Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: http://www.businesswire.com 06/18/2003 07:05 EASTERN Becki YOUR FAVORITE LilGooberGirl YOUNGLUNG EMAIL SUPPORT LIST www.topica.com/lists/younglung Pediatric Interstitial Lung Disease Society http://groups.yahoo.com/group/InterstitialLung_Kids/ Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.