R&D Milestones, Response on Published Reports, and Independent Clinical Programs Widen Growth Opportunities for Biotech Companies - Research Report on Verastem, Acorda, Hyperion, XOMA, and Lexicon
NEW YORK, July 3, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting Verastem, Inc. (NASDAQ: VSTM), Acorda Therapeutics (NASDAQ: ACOR), Hyperion Therapeutics, Inc. (NASDAQ: HPTX), XOMA Corporation (NASDAQ: XOMA), and Lexicon Pharmaceuticals, Inc. (NASDAQ: LXRX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Verastem, Inc. Research Report
On June 27, 2013, Verastem, Inc. (Verastem) announced that it has successfully completed the Phase I stage of combination trial of VS-6063 and paclitaxel. Manish Patel, M.D., Principal Investigator, Florida Cancer Specialists, said, "The combination of VS-6063 and weekly paclitaxel has been well tolerated, with no unexpected toxicity, and no worsening of the well understood side effects of paclitaxel." Patel continued, "The observation that 3 of the 4 patients continuing on study have had a significant reduction in the CA-125 level is encouraging." Robert Forrester, President and Chief Operating Officer of Verastem, stated, "With the completion of the dose escalation stage, we are now initiating an expansion cohort of patients with ovarian cancer to further evaluate the activity of the combination therapy. Importantly, the ability to combine VS-6063 with paclitaxel provides an opportunity to explore multiple additional indications where the tumors are driven by cancer stem cells and paclitaxel is the standard of care." The Full Research Report on Verastem, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/cbde_VSTM]
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Acorda Therapeutics, Inc. Research Report
On June 26, 2013, Acorda Therapeutics, Inc. (Acorda) announced the results of its first clinical study to assess pharmacokinetics, safety and tolerability of Diazepam Nasal Spray in people with epilepsy. According to the Company, the Diazepam Nasal Spray is being developed for the treatment of people with epilepsy who experience cluster seizures or acute repetitive seizures. Enrique Carrazana, M.D., Chief Medical Officer of Acorda, stated, "The study results showed that the Diazepam Nasal Spray pharmacokinetics are comparable whether it is administered during or immediately following a seizure. For people with epilepsy who experience cluster seizures, it is critical that treatment be administered as soon as a cluster is recognized, to prevent additional seizure activity." Carrazana added, "Diazepam Nasal Spray offers a therapeutic alternative that can be administered rapidly and conveniently." The Full Research Report on Acorda Therapeutics, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/de76_ACOR]
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Hyperion Therapeutics, Inc. Research Report
On June 18, 2013, Hyperion Therapeutics, Inc. (Hyperion) announced that the population pharmacokinetic (PK) modeling and dosing simulations based on the data from its Phase II and III trials were included in The Journal of Clinical Pharmacology. The Phase II and III trials collectively enrolled patients with urea cycle disorders (UCDs) of ages 2 months to 72 years. Bruce Scharschmidt, MD, Chief Medical Officer of Hyperion, stated, "This work represents an outstanding example of how population PK modeling and dosing simulations can be used to help understand the behavior of drugs for patients with rare diseases in which large trials are not feasible. We are pleased to provide the UCD community with options to treat this serious disease. Specifically, with our launch of RAVICTI earlier this year, patients now have access to an important new option." The Full Research Report on Hyperion Therapeutics, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/5225_HPTX]
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XOMA Corporation Research Report
On June 25, 2013, XOMA Corporation (XOMA) announced that SERVIER, its development partner, has launched its own independent Proof-of-Concept (POC) clinical program to evaluate the safety and efficacy of gevokizumab. XOMA stated that it had launched a similar POC clinical program in November 2011, which included studies in three separate indications, including moderate to severe inflammatory acne vulgaris, erosive inflammatory osteoarthritis of the hand, and non-anterior scleritis. The Company reported that SERVIER has selected several indications across multiple therapeutic areas. "We are impressed with the breadth and depth of SERVIER's development plan. The first indication they are studying is polymyositis/dermatomyositis. Once SERVIER's POC program is fully underway, we anticipate gevokizumab will be undergoing safety and efficacy evaluations in over a dozen potential indications between SERVIER's and our efforts," commented John Varian, CEO of XOMA. The Full Research Report on XOMA Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/9e50_XOMA]
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Lexicon Pharmaceuticals, Inc. Research Report
On June 24, 2013, Lexicon Pharmaceuticals, Inc. (Lexicon) announced that it presented the first publication of data on LX2761 during the 73rd Scientific Sessions of the American Diabetes Association (ADA). Alan Main, Ph.D., Executive Vice President of Pharmaceutical Research at Lexicon, said, "LX2761 was designed to act locally in the gastrointestinal tract to reduce glucose absorption by inhibiting SGLT1 without any significant inhibition of SGLT2 in the kidney." Main continued, "This was accomplished through a dedicated medicinal chemistry effort to identify molecules with limited systemic exposure that showed efficacy in animal models of diabetes." Brian Zambrowicz, Ph.D., Executive Vice President and Chief Scientific Officer at Lexicon, commented, "We hope LX2761 may one day treat a large population of patients with diabetes, and potentially prediabetes, that may wish to avoid the urinary glucose excretion associated with SGLT2 inhibition in the kidney." Zambrowicz added, "In addition, the synergy demonstrated with a DPP-4 inhibitor provides the mechanistic rationale to consider future combination therapies." The Full Research Report on Lexicon Pharmaceuticals, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/b93b_LXRX]
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SOURCE Wall Street Reports
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