E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/12/2006 in the Prospect News Biotech Daily.

WEX Pharmaceuticals to start tetrodotoxin trial

By Elaine Rigoli

Tampa, Fla., June 12 - WEX Pharmaceuticals, Inc. has received approval for its Investigational New Drug application with the Food and Drug Administration to start a clinical trial of Tectin.

WEX said this represents a significant achievement since, for the first time, the company will perform a trial under a U.S.-IND number, and this will grant access to a major patient population base for future tetrodotoxin (TTX) development.

The trial is designed to assess the kinetics of TTX after a single subcutaneous dose to understand the fate of the drug in the body in healthy volunteers.

As the dose of TTX administered to humans is very small, no established method was sensitive enough to detect the product in biological fluids and, therefore, the kinetics of TTX were not known, the company said in a news release.

Recently, a more sensitive analytical method, which might allow the company to assay TTX in blood/plasma and/or urine human samples, has been developed, the release said.

This will allow the company to proceed with this study and obtain information about TTX kinetics, data crucial to the successful development of the product.

Vancouver, B.C.-based WEX Pharmaceuticals develops drug products to treat pain.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.