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Pharmos to Start Clinical Trial of Dexanabinol in Heart Surgery Patients

ISELIN, N.J., July 25 /PRNewswire-FirstCall -- Pharmos Corporation (Nasdaq: PARS and Nasdaq Europe: PHRM) announced today it has received approval from Israel's Ministry of Health to clinically test dexanabinol as a preventive agent against the mild cognitive impairment (MCI) that can follow coronary surgery under cardiopulmonary bypass (CS-CPB) operations. Patient enrollment in a Phase II study will commence upon the completion of various logistical preparations. No approved medication is currently available to prevent the onset of MCI after CS-CPB, which is among the most common operations performed in the world.

"The commencement of this study is an important strategic move that broadens our pipeline," said Haim Aviv, Ph.D., Pharmos Chairman and CEO. "The potential market is large and currently void of any product. At the same time, the large, relatively homogeneous patient population and elective nature of the surgery make the trial a fairly uncomplicated one for us."

Cognitive decline may develop following cardiac surgery as a result of microemboli-triggered ischemic events and related inflammatory processes. Pharmos' rationale in going forward with the clinical study lies in the convergence of the etiology of the indication with the mechanisms of action of dexanabinol as a neuroprotectant. As an important secondary outcome of the Company's Phase II traumatic brain injury (TBI) trial, completed in 2000, patients treated with dexanabinol showed statistically significant improvement in cognition and orientation as measured by the Galveston Orientation and Amnesia Test (GOAT) at one, three and six months, compared to placebo. The improved outcome of these patients as measured by GOAT provides clinical evidence of dexanabinol's therapeutic potential in preventing MCI. In preclinical findings, dexanabinol was an effective neuroprotectant in animal models of focal brain ischemia.

"Post-surgical MCI is a serious risk facing patients who need major heart surgery," said Seth Kindler, M.D., Medical Director of Pharmos. "For certain subsets of patients, the risk of cognitive impairment is significant, compromising recovery and adding to rehabilitation costs. Development of post-surgical MCI is also a known risk factor for the progression to Alzheimer's Disease. Our objective in undertaking this study is to evaluate safety and to establish a trend of efficacy with dexanabinol in these patients."

About Post-Surgical MCI

Each year over one million patients worldwide undergo CS-CPB operations(1). In the United States, over 350,000 coronary artery bypass surgeries are performed each year(2), making it the most frequent major surgical procedure performed in hospitals. As mortality from these surgeries has fallen in recent years, medical attention has increasingly focused on morbidities associated with coronary surgeries, especially impairment of cognitive function experienced by a high percentage of these patients. Certain studies show that eight days after surgery as many as 50% of the patients may suffer cognitive defects(3), such as inability to concentrate, memory loss, a slowdown in response and difficulty in returning to pre-surgical functioning. Importantly, even after 12 months, cognitive deficits persist as a source of disability in as many as 30% of the patients(4). Recent long term longitudinal studies indicate that a significant proportion of patients may continue to deteriorate over time, with cognitive deficits continuing up to five years after surgery(5). As surgical technology advances, the average age of patients will continue to rise. Age and other factors, such as diabetes, affect the frequency of MCI.

About the Trial

The trial protocol has been finalized and the investigational review board at the Tel-Aviv Sourasky Medical Center has approved commencement of patient enrollment. The exploratory, Phase IIa, double-blind, placebo-controlled trial will enroll up to 200 patients undergoing CS-CPB. Patients will be randomized one-to-one to receive a single dose of either 150 mg. dexanabinol or placebo 30 to 60 minutes after the first thoracic incision and prior to initiation of CPB. Each patient will be evaluated prior to surgery, at discharge, six weeks, and three months following surgery to assess the incidence and degree of post-surgical MCI. Diagnosis of MCI will be based on criteria developed by the Mayo Clinic Alzheimer's Disease Research Center. The degree of cognitive impairment will be assessed using a sophisticated and validated battery of computerized neuropsychological tests. Among other inclusion/exclusion criteria, patients included in the study will be age 60 or older who are candidates for elective CS-CBP and who do not show signs of MCI or dementia according to the Mayo Clinic Criteria prior to surgery.

The primary efficacy analysis will compare the incidence of development of MCI according to the Mayo criteria in the dexanabinol-treated group with the incidence in the placebo group. The additional neuropsychological secondary efficacy analyses will serve to evaluate and compare quality of life and assess additional functional outcome between the treated and placebo patients. An independent safety committee will monitor the data on an ongoing basis to ensure patient safety.

About Dexanabinol

Dexanabinol is the first neuroprotective compound under development from Pharmos' library of synthetic tricyclic dextrocannabinoid compounds. Dextrocannabinoids lack binding activity in the two known cannabinoid receptors, CB1 and CB2, and as a result, this family of compounds does not show the psychotropic effects seen with naturally occurring cannabinoids. Drug candidates in this family have three main actions: they block the activation of specific ion channels in nerve cells by binding to NMDA receptors as a non-competitive antagonists, inhibit inflammatory mechanisms, and are also antioxidants. These three properties enable the dextrocannabinoids to reduce necrosis and apoptosis caused by brain trauma, ischemia and a range of neurodegenerative disorders. Dexanabinol is currently undergoing an international Phase III human study as a treatment for TBI. The Company's focus on dexanabinol and derivative compounds is wide ranging, and a number of dextrocannabinoid compounds are being evaluated in preclinical models for stroke, neuropathic pain, nociceptive pain, neurodegenerative disorders, such as Parkinson's disease, and autoimmune disorders, such as multiple sclerosis, inflammatory bowel disease and rheumatoid arthritis, among others.

Pharmos discovers, develops, and commercializes novel therapeutics to treat a range of neurological disorders such as traumatic brain injury, stroke, pain, multiple sclerosis, and other CNS and peripheral neuro-inflammatory indications.

Statements made in this press release related to the business outlook and future financial performance of the Company, to the prospective market penetration of its drug products, to the development and commercialization of the Company's pipeline products and to the Company's expectations in connection with any future event, condition, performance or other matter, are forward-looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties which may cause results to differ materially from those set forth in these statements. Additional economic, competitive, governmental, technological, marketing and other factors identified in Pharmos' filings with the Securities and Exchange Commission could affect such results.


(1) Efthimiadis A, Lefkos N, Psirropoulos d, et al. Risk factors of
ischaemic heart disease and long-term outcome after coronary bypass
surgery. J Cardiovasc Surg (Torino) (Italy), Dec 2001, 42(6) p 731-4

(2) Erickson LC, Torchiana DF, Schneider EC, et al. The relationship
between managed care insurance and use of lower-mortality hospitals
for CABG surgery. JAMA 2000 Apr 19;283(15):1976-82

(3) Grieco G, d'Hollosy M, Culliford AT, et al. Evaluating neuroprotective
agents for clinical anti-ischemic benefit using neurological and
neuropsychological changes after cardiac surgery under cardiopulmonary
bypass. Stroke 1996;27:858-874

(4) Newman SP, Klinger L, Venn GE, et al. The persistence of
neuropsychological deficits twelve months after coronary artery bypass
surgery. In: Willner AE, Rodewald G, eds. Impact of Cardiac Surgery on
the Quality of Life. New York, NY: Plenum Press; 1990:173-179

(5) Newman et al. Longitudinal Assessment of Neuroprotective Function
After Coronary Artery Bypass Surgery. N Engl Med 2001:395-402

 

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