References in periodicals archive
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Obvious examples include insulin, which in its earliest, nonsynthetic form was manufactured from the pancreatic enzymes of pigs and calves, Primarin, an estrogen derived from pregnant mare's urine, and the anticoagulant Viprinex, which uses the venom of the Malaysian pit viper.
Viprinex is a defibrinogenating agent derived from the venom of the Malayan pit viper.
today announced the completion of a snake facility in Moorrege, Germany, that will provide the venom used to produce Viprinex, which NTI is currently studying as a potential treatment for acute ischemic stroke.
Baxter will aseptically fill and package the drug product, Viprinex, into its finished form, along with the corresponding placebo.
If pivotal Phase III trials for Viprinex are commenced as currently planned, NTI will issue an additional 2,375,176 shares and pay an additional $2 million to the Empire stockholders.
Stroke patients currently have few treatment options, and Viprinex is designed to expand the treatment window from three hours to six hours.
Assuming accrued costs associated with the Viprinex program are fully paid off by June 30, 2009 as currently estimated, the Company expects to end its fiscal year with approximately $23 million in cash, short-term and long-term investments.
And thirdly, the timetable for entering patients into the Viprinex clinical trials and the subsequent interim analysis has been extended for one quarter.
Although partial funding for the Viprinex program was achieved through the sale of rights and assets of Xerecept[R], and by an increasing stream of royalties related to sales of memantine, it was necessary to raise substantial additional funds externally through the sale of equity.
In an effort to maximize the potential of the Viprinex program, the Company appointed Warren W.
However, we want to emphasize that we believe the relative success or failure of an investment in NTI rests on the results of the Viprinex trials with some protection on the downside being afforded by the growing royalty revenue from Memantine.
We also believe that if Viprinex is successful, a market capitalization for NTI in the $0.
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