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Immtech Pharma (IMM) put on hold its Phase III clinical program for pafuramidine, a treatment for pneumocystis pneumonia [PCP] (an HIV/AIDS related illness) and African sleeping sickness. Immtech is conducting worldwide trials of pafuramidine and recently added a China arm. The drug was given Fast Track status by the SFDA earlier this year.
In South African labs, observers noted that trial volunteers had abnormally high liver toxicity readings.
In the U.S., pafuramidine is considered an orphan drug and does not have a large patient population in which to conduct a clinical trial. As a result, Immtech was performing auxiliary safety studies of the drug in South Africa to satisfy the FDA that the drug had been tested in a sufficiently large cross-section of people. The China arm of the Phase III trial, added in late November, was a strategic move that simultaneously added patients to the U.S. trial and advanced the drug toward SFDA approval.
In the South African study, volunteers were administered 100 mg of
pafuramidine twice a day for 14 days (a placebo arm was also part of
the study). The active cohort has not suffered any deaths, nor have any
hospitalizations occurred. Immtech raised the possibility that the
trial would recommence once the patients had returned to baseline and
experts in liver toxicity could review the data. Immtech will then
present the data to the FDA and make recommendations.
The news cut the price of Immtech’s stock almost in half. It dropped $2.79 to $3.06, a 48% decline in extremely active trading.
Disclosure: none.
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pbd@entheologic.com