7/28/2011 8:44:27 AM
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Viamet Pharmaceuticals, Inc. announced today that one of its novel antifungal compounds has been selected for inclusion in the National Institutes of Health’s (NIH) Therapeutics for Rare and Neglected Diseases (TRND) program. TRND is a government-funded program specifically designed to speed development of new therapies for rare and neglected diseases. Together, Viamet and NIH will pursue development of Viamet’s oral antifungal agent for the treatment of cryptococcal meningitis, a life-threatening fungal infection which annually afflicts over 1 million people in the developing world, resulting in approximately 500,000 deaths.
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