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Share Name | Share Symbol | Market | Type |
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Azimut Hldg SPA | BIT:AZM | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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-0.32 | -1.28% | 24.59 | 24.57 | 25.00 | 24.82 | 24.60 | 24.72 | 513,780 | 02:01:23 |
RNS Number:0770U Alizyme PLC 12 January 2004 FOR IMMEDIATE RELEASE 12 January 2004 ALIZYME SUCCESSFULLY COMPLETES CLINICAL TRIAL FOR RENZAPRIDE IN IRRITABLE BOWEL SYNDROME PATIENTS IN USA Cambridge UK, 12 January 2004: Alizyme plc (LSE:AZM) announces successful completion of its pharmacokinetic/pharmacodynamic clinical trial of renzapride in patients with constipation-predominant irritable bowel syndrome (c-IBS), in collaboration with Mayo Clinic, under Alizyme's Investigational New Drug (IND) Application in the USA. The trial, which was conducted at Mayo Clinic in Rochester, Minnesota, USA, with Dr Michael Camilleri as the Principal Investigator, was a double-blind, dose-ranging, placebo-controlled pharmacokinetic and pharmacodynamic study involving 48 c-IBS patients with normal to slow colonic transit. This study evaluated the pharmacodynamic effects of 3 doses of renzapride (1mg, 2mg and 4mg, once daily) and placebo on gastric emptying, small bowel transit and segmental colonic transit times, and their correlation with blood levels of this drug, from the pharmacokinetic profile, in these patients. Patients received treatment for between 11 and 14 days and kept a daily diary of bowel function and the weekly response of overall IBS symptoms. Renzapride caused substantial, dose-dependent enhancement of colonic motility, which was statistically and clinically significant at the highest dose. Improved bowel function scores were statistically significantly associated with accelerated colonic transit. More patients reported satisfactory relief of IBS symptoms with renzapride (45% and 40% on 2 and 4mg respectively) than on placebo (18%). Overall, the effects of renzapride correlated with blood levels of the drug, which showed linear kinetics. There were no significant adverse clinical, laboratory or ECG effects observed. Dr. Richard Palmer (Chief Executive Officer) commented: "The successful completion of this first trial for renzapride in the USA under the IND is an important step forward for this product in its development for the global market. We are delighted to have had the opportunity of working with Dr Camilleri's group at Mayo Clinic on such an important study. The results from this small study are very encouraging and extend the results reported last year from our Phase IIb clinical development programme in Europe and reiterate the potential of this compound in the management of c-IBS." For further information, please contact: Dr Richard Palmer, Chief Executive Officer Mr Tim McCarthy, Finance Director ALIZYME plc Tel No: + 44 (0)1223 896000 Lisa Baderoon BUCHANAN COMMUNICATIONS Tel No: + 44 (0) 20 7466 5000 Further information on Alizyme can be found on the Company's website: www.alizyme.com Editors Note Alizyme plc Alizyme is a biopharmaceutical company, based in Cambridge, UK, targeting the treatment and management of gastrointestinal disorders, obesity and diabetes. It has a portfolio of products which in addition to renzapride (completed Phase IIb clinical programme for irritable bowel syndrome) includes COLAL-PREDTM? (Phase III approval for the maintenance of remission of ulcerative colitis), ATL-962 (completed Phase IIb trial for obesity) and ATL-104 (Phase IIa approval for mucositis). At the appropriate time Alizyme intends to license products to established pharmaceutical companies, which will complete development, gain marketing approval and commercialise the products. Irritable Bowel Syndrome IBS is a common gastrointestinal disorder. Important symptoms include abdominal pain, discomfort and bloating. In IBS, the normal contractile patterns of the gut are disrupted resulting in irregular or spasmodic bowel movements. Sufferers may experience either a constipation or a diarrhoea predominant form of IBS or, in 'mixed symptom' IBS, alternate between these conditions. It has been estimated that up to 20% of adults in developed countries are affected to some degree by IBS; of these between 20-30% consult a doctor. Current treatments, which are aimed at providing symptomatic relief to IBS sufferers, include laxatives, anti-diarrhoeal and antispasmodic products. These products, however, have limited efficacy for the condition and it is generally accepted that the market is poorly served. Renzapride Alizyme is currently investigating renzapride for the treatment of IBS. Renzapride is a potent full 5-HT4 receptor agonist; it is also an antagonist at 5-HT3 receptors. These 5-HT receptors are believed to play a key role in controlling gastrointestinal motility and sensitivity. The unique, dual pharmacological profile of renzapride differentiates it from other drugs currently in development for the treatment of IBS. Renzapride was discovered by Beecham Research Laboratories and investigated by them initially as a gastrointestinal prokinetic agent for the treatment of gastroesophageal reflux disease. Following a collaborative agreement, Alizyme obtained full ownership of patents relating to renzapride from SmithKline Beecham prior to its merger with GlaxoWellcome. The identification of compounds for successful research, their progress through development and the obtaining of regulatory approvals or authorisations before marketing, manufacture and/or distribution of products is not certain or a formality. This information is provided by RNS The company news service from the London Stock Exchange END RESEAKFNEFLLEFE
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