Patent Issued for Avanir Licensed Product to Help Break Dependence On Habit-Forming Narcotics
Apr 10, 2001, 01:00 ET from Avanir Pharmaceuticals
SAN DIEGO, April 10 /PRNewswire/ -- Avanir Pharmaceuticals (Amex: AVN) announced today that the United States Patent Office issued U.S. Patent No. 6207674 for the use of a combination of dextromethorphan and an oxidase inhibitor (known as AVP-923) for the weaning of patients from narcotics and anti-depressants. The patent was issued to the inventor, Dr. Richard Smith. Avanir has the exclusive worldwide rights to develop and market AVP-923 under a sublicense to granted to Avanir in August of 2000. The patents claims, among others, that when dextromethorphan and an oxidase inhibitor were administered orally to patients who had become dependent on morphine and anti-depressants, the patients were able to initially reduced their dosages of the narcotics. With additional dosing, the combination allowed patients to terminate all use of morphine and anti-depressants, with minimum withdrawal or other adverse affects. "The issuance of this patent extends the utility of AVP-923 and reinforces our initial impression of the product as a platform for potential treatments in many different therapeutic areas," said Gerald J. Yakatan, Ph.D., president and CEO of Avanir Pharmaceuticals. The company is currently conducting a Phase II/III trial examining the effect of AVP-923 in the treatment of emotional lability in Amyotrophic Lateral Sclerosis (ALS) patients and a Phase I dose ranging study for the use of AVP-923 in patients with neuropathic pain. Avanir Pharmaceuticals, based in San Diego, is an emerging diversified biopharmaceutical company engaged in research, development, commercialization, licensing and sales of innovative drug products and antibody generation services. The company's website is http://www.avanir.com. The information contained in this press release, including any forward-looking statements contained herein, should be reviewed in conjunction with the company's Annual Report on Form 10-K and other publicly available information regarding the company. Copies of such information are available from the company upon request. Such publicly available information sets forth many risks and uncertainties related to the company's business and technology. Forward-looking statements often contain such words like "estimate," "anticipate," "believe," "plan" or "expect". Research findings and patent claims are not always supportable by evidenced obtained from subsequent clinical trials. Final review decisions made by the FDA and other regulatory agencies concerning clinical trial results are unpredictable and outside the influence and/or control of the company.
SOURCE Avanir Pharmaceuticals
SAN DIEGO, April 10 /PRNewswire/ -- Avanir Pharmaceuticals (Amex: AVN) announced today that the United States Patent Office issued U.S. Patent No. 6207674 for the use of a combination of dextromethorphan and an oxidase inhibitor (known as AVP-923) for the weaning of patients from narcotics and anti-depressants. The patent was issued to the inventor, Dr. Richard Smith. Avanir has the exclusive worldwide rights to develop and market AVP-923 under a sublicense to granted to Avanir in August of 2000. The patents claims, among others, that when dextromethorphan and an oxidase inhibitor were administered orally to patients who had become dependent on morphine and anti-depressants, the patients were able to initially reduced their dosages of the narcotics. With additional dosing, the combination allowed patients to terminate all use of morphine and anti-depressants, with minimum withdrawal or other adverse affects. "The issuance of this patent extends the utility of AVP-923 and reinforces our initial impression of the product as a platform for potential treatments in many different therapeutic areas," said Gerald J. Yakatan, Ph.D., president and CEO of Avanir Pharmaceuticals. The company is currently conducting a Phase II/III trial examining the effect of AVP-923 in the treatment of emotional lability in Amyotrophic Lateral Sclerosis (ALS) patients and a Phase I dose ranging study for the use of AVP-923 in patients with neuropathic pain. Avanir Pharmaceuticals, based in San Diego, is an emerging diversified biopharmaceutical company engaged in research, development, commercialization, licensing and sales of innovative drug products and antibody generation services. The company's website is http://www.avanir.com. The information contained in this press release, including any forward-looking statements contained herein, should be reviewed in conjunction with the company's Annual Report on Form 10-K and other publicly available information regarding the company. Copies of such information are available from the company upon request. Such publicly available information sets forth many risks and uncertainties related to the company's business and technology. Forward-looking statements often contain such words like "estimate," "anticipate," "believe," "plan" or "expect". Research findings and patent claims are not always supportable by evidenced obtained from subsequent clinical trials. Final review decisions made by the FDA and other regulatory agencies concerning clinical trial results are unpredictable and outside the influence and/or control of the company. SOURCE Avanir Pharmaceuticals
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