The Melbourne,
Australia-based biotech company Avexa is getting
closer to developing its antiviral HIV drug
apricitabine (ATC), reports the Web site of The
Australian national newspaper. ATC is for the
treatment of patients who have drug-resistant HIV.
Avexa announced
this week the results of its latest phase trial for ATC,
and CEO Julian Chick said the drug exceeded expectations.
All 47 patients in the 21-day trial showed significant
improvement after taking ATC.
All of the
patients who received ATC recorded more than an 85%
reduction in the level of HIV in the blood, and one
patient had a decrease of 99.7%. The patients in the
control group had only a minimal reduction in HIV
levels.
"The benefit to
HIV patients is that it gives them another opportunity
to reduce the virus levels in the blood, therefore
prolonging their lives," said Chick.
No side effects
were reported, and researchers found no evidence of an
ATC-resistant virus developing during the trial phase.
Avexa plans to
market ATC by 2010 in the United States, Europe,
Asia, and Australia. Alexa hopes to sell about $70 million
of new shares to fund the drug's development. (The
Advocate)