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	<title>Xconomy &#187; Antivirals</title>
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	<pubDate>Fri, 10 Feb 2012 21:45:27 +0000</pubDate>
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		<title>Antigenics Expands Experimental Cancer Treatment, Novartis Adds to Cambridge Presence, Boston Scientific Sells Unit to Stryker, &amp; More Boston-Area Life Sciences News</title>
		<link>http://www.xconomy.com/boston/2010/10/29/antigenics-expands-experimental-cancer-treatment-novartis-adds-to-cambridge-presence-boston-scientific-sells-unit-to-stryker-more-boston-area-life-sciences-news/</link>
		<pubDate>Fri, 29 Oct 2010 04:01:52 +0000</pubDate>
		<dc:creator>Erin Kutz</dc:creator>
				<category><![CDATA[Boston]]></category>
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		<guid isPermaLink="false">http://www.xconomy.com/?p=109514</guid>
		<description><![CDATA[It was a meaty life sciences news week for us that was finished off with a scoop on a legal entanglement between a biotech startup, a research institute, and a big drugmaker. We also had profile stories on some interesting health IT companies, as well as breaking news on clinical trials and expansion moves by [...]]]></description>
			<content:encoded><![CDATA[ 
		 
		<strong>Erin Kutz</strong>
		<p>It was a meaty life sciences news week for us that was finished off with a scoop on a legal entanglement between a biotech startup, a research institute, and a big drugmaker. We also had profile stories on some interesting health IT companies, as well as breaking news on clinical trials and expansion moves by pharma companies.</p>
<p>—Lexigton, MA-based biotech firm <a href="http://www.xconomy.com/boston/2010/10/25/antigenics-and-its-ucsf-champion-sticks-with-immune-booster-for-brain-cancer/">Antigenics announced its plans to expand a mid-stage clinical trial of its experimental treatment vitespen (Oncophage)</a> in 50 patients with newly diagnosed brain tumors (glioma). The firm (NASDAQ: <a href="http://finance.yahoo.com/q?s=AGEN">AGEN</a>) will add six new clinical sites throughout the U.S. in an attempt to recruit enough patients to finish its trial a year ahead of time, an attempt to stay afloat after the immune-boosting drug failed in a trial for kidney cancer.</p>
<p>—Waltham, MA-based Spryance, a medical transcription service provider that operates under the name Heartland, <a href="http://www.xconomy.com/boston/2010/10/25/transcend-buys-spryance-for-6-5m/">sold to Atlanta-based transcription company Transcend Services</a> (NASDAQ: <a href="http://finance.yahoo.com/q?s=TRCR">TRCR</a>) for $6.5 million.</p>
<p>—Ryan profiled <a href="http://www.xconomy.com/boston/2010/10/26/curaspan-undergoes-big-expansion-as-demand-for-patient-transition-software-grows/">Curaspan Health Group, a Newton, MA-based maker of software that streamlines the process of discharging patients from hospitals and managing the transition of patients at other post-acute care facilities</a>. The firm’s staff has doubled in size this year and could double again in the next, Ryan wrote.</p>
<p>—Cambridge, MA-based Resolvyx Pharmaceuticals announced that it had <a href="http://www.xconomy.com/boston/2010/10/26/resolvyx-and-celtic-ink-dry-eye-deal/  ">sold to private equity firm Celtic Therapeutics the option to acquire its lead drug, RX-10045, and license it for all uses in treating eye conditions</a>. The drug is set to enter a Phase III trial for the treatment of chronic dry eye syndrome next year. Celtic also purchased a note that is convertible into Resolvyx stock.</p>
<p>—Newton-based MedNetworks is another area company out to use social networking to improve healthcare, but instead of building its own online community, it’s focusing on software that maps and analyzes existing groups and networks of physicians, Ryan wrote.  The startup, <a href="http://www.xconomy.com/boston/2010/10/27/mednetworks-co-founded-by-harvards-nicholas-christakis-aims-to-tap-healthcares-hidden-social-networks/">a spinout from the lab of Harvard University professor Nicholas Christakis, plans to sell the mapping technology</a> to life sciences firms, employer-sponsored wellness plans, health plans, hospitals, and governments, who could use the data to improve the effectiveness of wellness programs and drug marketing campaigns.</p>
<p>—Swiss drug <a href="http://www.xconomy.com/boston/2010/10/27/novartis-to-invest-600m-in-cambridge-complex/  ">Novartis, Cambridge’s biggest corporate employer, plans to spend $600 million on building another four-acre office and lab complex in the city</a>, the <em>Boston Globe</em> reported. The firm plans to add 200 to 300 employees over five years to its global research headquarters in Cambridge, which would bring the company’s headcount in Cambridge to about 2,300.</p>
<p>—InVivo Therapeutics, a Cambridge-based developer of an implant to treat spinal cord injuries, announced it<span class="read_more"> <a href="http://www.xconomy.com/boston/2010/10/29/antigenics-expands-experimental-cancer-treatment-novartis-adds-to-cambridge-presence-boston-scientific-sells-unit-to-stryker-more-boston-area-life-sciences-news/2/"> … Next Page »</a></span></p>
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		<title>New CEO for Idenix</title>
		<link>http://www.xconomy.com/boston/2010/10/28/new-ceo-for-idenix/</link>
		<pubDate>Thu, 28 Oct 2010 14:50:59 +0000</pubDate>
		<dc:creator>Erin Kutz</dc:creator>
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		<guid isPermaLink="false">http://www.xconomy.com/?p=109331</guid>
		<description><![CDATA[Cambridge, MA-based Idenix Pharmaceuticals (NASDAQ: IDIX), an antiviral drug developer, announced today that it has promoted Ronald Renaud, Jr. to the position of president and chief executive. Renaud, who previously served as Idenix’s CFO and treasurer and most recently its chief business officer, will also take a seat on the company’s board of directors. He [...]]]></description>
			<content:encoded><![CDATA[ 
		 
		<strong>Erin Kutz</strong>
		<p>Cambridge, MA-based Idenix Pharmaceuticals (NASDAQ: <a href="http://finance.yahoo.com/q?s=IDIX">IDIX</a>), an antiviral drug developer, <a href="http://www.prnewswire.com/news-releases/idenix-pharmaceuticals-announces-ronald-c-renaud-jr-named-president-chief-executive-officer-and-member-of-the-board-of-directors-106026943.html">announced</a> today that it has promoted Ronald Renaud, Jr. to the position of president and chief executive. Renaud, who previously served as Idenix’s CFO and treasurer and most recently its chief business officer, will also take a seat on the company’s board of directors. He replaces former Idenix president, CEO, chairman, and board member Jean-Pierre Sommadossi, who resigned “in order to pursue other interests in the biotechnology field,” according to the company announcement. Idenix’s drug pipeline includes <a href="http://www.xconomy.com/boston/2010/09/07/idenix-shares-tank-on-fda-clinical-hold/">two treatments for hepatitis C, which the FDA recently put on clinical hold, due to elevated liver toxicity in some patients who received both drugs</a>.</p>
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		<title>ZymoGenetics Drug For Hepatitis C Kills Virus with Minimal Side Effects</title>
		<link>http://www.xconomy.com/seattle/2008/11/03/zymogenetics-drug-for-hepatitis-c-kills-virus-with-minimal-side-effects/</link>
		<pubDate>Tue, 04 Nov 2008 00:00:18 +0000</pubDate>
		<dc:creator>Luke Timmerman</dc:creator>
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		<guid isPermaLink="false">http://www.xconomy.com/?p=5998</guid>
		<description><![CDATA[ZymoGenetics may have a sleeper in its pipeline about to wake up. The Seattle biotech company is reporting today that its experimental drug, called peg-interferon lambda, was able to kill the hepatitis C virus at all three doses tested in a small clinical trial without the flu-like symptoms associated with standard interferon alpha drugs used [...]]]></description>
			<content:encoded><![CDATA[ 
		<a rel="attachment wp-att-3718" href="http://www.xconomy.com/boston/2008/08/06/zymogenetics-drug-getting-off-to-slow-start-in-marketplace/attachment/zymogeneticslogo/"><img style="float:right;margin: 0px 0 5px 15px;" class="alignnone size-thumbnail wp-image-3718" title="zymogeneticslogo" src="http://www.xconomy.com/wordpress/wp-content/images/2008/08/zymogeneticslogo-180x32.jpg" alt="zymogeneticslogo" width="180" height="32" /></a> 
		<strong>Luke Timmerman</strong>
		<p>ZymoGenetics may have a sleeper in its pipeline about to wake up. The Seattle biotech company is reporting today that its experimental drug, called peg-interferon lambda, was able to kill the hepatitis C virus at all three doses tested in a small clinical trial without the flu-like symptoms associated with standard interferon alpha drugs used against the disease.</p>
<p>The study enrolled 18 patients total, with three groups of six patients each, ZymoGenetics said today in a poster presentation at the American Association for the Study of Liver Diseases meeting in San Francisco. The study found the drug was well-tolerated in all patient groups, and no patients dropped out of the study because of side effects, the company said. There were no signs that the drug caused fevers or damage to blood cell counts, the company said.</p>
<p>ZymoGenetics (NASDAQ: <a href="http://finance.yahoo.com/q?s=ZGEN">ZGEN</a>) has taken a beating in the market this year, after its first marketed product for surgical bleeding got off to a slow start, and another drug candidate failed in a clinical trial of lupus for the kidneys. It is pinning new hope on peg interferon lambda, <a href="http://www.xconomy.com/seattle/2008/09/30/zymogenetics-sleeper-for-hepatitis-c-aims-to-wipe-out-side-effects-of-anti-viral-therapy/">as I wrote about in this feature story in September</a>. The company is hopeful that the new version of interferon could someday replace the standard interferons, which are the backbone of hepatitis C therapy today, but cause flu-like symptoms, need to be taken for almost a year, and only cure patients a little more than one-third of the time. What’s more, the side effects are so bad that only a fraction of the estimated 3.2 million people infected in the U.S. seek treatment, so any way to get its virus-killing ability with fewer side effects could open up a large potential market.</p>
<p>“Peg-interferon lambda has become one of our company’s key assets,” said Nicole Onetto, ZymoGenetics’ chief medical officer, in a company statement. “Based on these early results, we’re encouraged by the potential for treating patients with hepatitis C.”</p>
<p>The ZymoGenetics drug showed anti-viral activity in all patient groups, with the best action in a low dose of 1.5 micrograms per kilogram of body weight, taken as a weekly injection under the skin. The most common side effects were mild fatigue and muscle pain, the company said. Based on the results, ZymoGenetics is speeding up the second part of the study, in which it tests peg-interferon lambda in combination with ribavirin, another anti-viral that is a standard drug given in combination with interferons.</p>
<p>ZymoGenetics has said it plans to seek a partner to co-develop peg-interferon lambda, and now it has more data backing up its hypothesis that this could offer a less-toxic alternative to the standard treatment. However, it could take until 2015 to bring this drug to market, according to analyst Kevin DeGeeter of Oppenheimer &amp; Co., who rates the company “underperform.”</p>
<p>ZymoGenetics’ stock surged 18 percent today in advance of this presentation, so somebody out there must think this drug is going to be a winner. We’ll see whether ZymoGenetics can make the case that the drug is worthy of a lucrative partnership, or whether it will have to carry the ball further downfield before a big drugmaker is willing to start writing big checks to get a piece of the action.</p>
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