Australia's Avexa is touting the results of a Phase IIb trial of its antiviral HIV drug apricitabine (ATC). Thirty-three patients were given two different doses of ATC, according to researchers, and all demonstrated marked improvement with at least an 85 percent reduction in HIV levels in the blood. ATC is being developed to treat patients who are drug-resistant. Phase III is slated to begin later this year and Avexa says it is confident that it can get the therapy on the market by 2010. Avexa is raising $60 million to begin commercial production of apricitabine.
"This is a fantastic result for Avexa," said CEO Dr. Julian Chick. "The positive result allows us to continue to progress ATC into Phase III trials and towards commercialization."
- see this release for more
- read the Herald Sun report
Avexa gains rights to HIV drug. Report