Pro-Pharmaceuticals (PRW) Receives FDA IND Application for Use of DAVANAT(R)

August 28, 2008 8:55 AM EDT

Pro-Pharmaceuticals, Inc. (Amex: PRW), today announced that the U.S. FDA has granted an Investigational New Drug application for use of DAVANAT(R) in combination with 5-FU to treat a breast cancer patient at the Brown Cancer Center in Louisville, Kentucky. DAVANAT(R) also is being administered in Phase II clinical trials for first-line treatment of colorectal and biliary cancer patients.

Pre-clinical studies showed that DAVANAT(R), in combination with chemotherapy, significantly reduced tumor growth in mice implanted with metastatic human breast cancer. Results from similar pre-clinical studies designed to optimize formulations of DAVANAT(R) and 5-FU also lowered toxicity as indicated by the weight gain of the mice in the study.

Pro-Pharmaceuticals, Inc., a development stage life sciences company, engages in the discovery, development, and commercialization of targeted therapeutic compounds for the treatment of cancer, liver, microbial, and inflammatory diseases.

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