Guest guest Posted November 23, 2005 Report Share Posted November 23, 2005 (Note to new members: We have followed the developments of Sonic Hedgehog Protein here at for several years.) Curis Announces Receipt of Extended Funding from Wyeth http://phx.corporate-ir.net/phoenix.zhtml?c=123198 & p=irol- newsArticle & t=Regular & id=784992 & CAMBRIDGE, Mass.--(BUSINESS WIRE)--Nov. 21, 2005--Curis, Inc. (NASDAQ: CRIS), a therapeutic drug development company, today announced that Wyeth has exercised its option under the 2004 agreement to extend funding to continue development of therapeutic applications of the Hedgehog agonist with a primary focus on neurological disorders. By exercising this option, Wyeth has agreed to extend the research term by one year through February 9, 2007 (previously February 9, 2006). Curis expects Wyeth to select a development candidate in the next twelve to eighteen months, and to file an investigational new drug, or IND, application approximately twelve months thereafter. " We are encouraged by the continued dedication that Wyeth has shown to the Hedgehog agonist program for neurological disorders. The extension of funding for the program serves as a validation of the progress made to date on this program, and we look forward to working with Wyeth to select a development candidate for stroke and other neurological disorders, " said R. Passeri, President and Chief Executive Officer of Curis, Inc. " By meeting with Wyeth scientists on a quarterly basis, Curis is able to learn more about the late preclinical development process, which may prove to be invaluable at a later date when Curis prepares to move its own products from preclinical development into the clinic. " Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.