Business Wire - Thursday May 13, 1999
T-1249 is a rationally designed proprietary peptide which blocks fusion of HIV with host cells. T-1249 has demonstrated potent HIV suppression in animal models and is highly active against a wide range of HIV strains in culture.
"We are very pleased that T-1249 has received fast track designation, particularly at this early stage of its development," stated Dr. Dani Bolognesi, Chief Executive Officer of Trimeris. "We are excited about the upcoming T-1249 Phase I trial planned for this quarter and look forward to expanding the fusion inhibitor class."
Trimeris is a development stage biopharmaceutical company engaged in the discovery and development of novel therapeutic agents that treat viral infection by inhibiting viral fusion with host cells. The company's lead product candidate, T-20, which inhibits fusion of the human immunodeficiency virus (HIV) with host cells, is currently in Phase II clinical trials. T-20 has also received fast track designation from the FDA.
Note: Except for any historical information presented herein, matters presented in this release are forward-looking statements that involve risks and uncertainties. The results of the company's previous clinical trials are not necessarily indicative of future clinical trials, and future results could differ materially from the results presented herein. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the "Risk Factors" section included in the company's Registration Statement on Form S-3 filed with the Securities and Exchange Commission on April 30, 1999.
Contact:
Trimeris, Inc., Durham Matthew A. Megaro President/Chief Financial Officer 919/419-6050
or
Burns McClellan, Inc., New York John Nugent (investors) Justin Jackson (media) 212/213-0006
990513
BW990505
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