TSX Exchange Symbol: RVX
CALGARY, Nov. 28, 2011 /PRNewswire/ - Resverlogix Corp. ("Resverlogix" or the
"Company") (TSX:RVX) today announced that SUSTAIN, a Phase 2b clinical
trial comprised of 176 subjects, is fully enrolled. The Cleveland
Clinic leads this trial in which all subjects have established
atherosclerotic cardiovascular disease (CVD) and low high-density
cholesterol (HDL-C). In SUSTAIN, all subjects will receive standard of
care therapy that includes up to 40 mg atorvastatin (Lipitor) or 20 mg
rosuvastatin (Crestor). Despite the standard of care therapy in the
SUSTAIN population, the risk of recurrent CVD events remains
exceedingly high. Thus this patient population presents an ideal
opportunity to test the effects of placebo vs. RVX-208 (200 mg/day) an
orally active small molecule that raises ApoA-I production and thereby
increases HDL-C. SUSTAIN is a 24-week, multi-center, double-blind,
randomized, parallel group, placebo controlled clinical trial to assess
lipid trends and safety of RVX-208. Additionally, other biomarkers of
reverse cholesterol transport (RCT) will be examined. The primary
endpoint of SUSTAIN is the change in HDL-C from baseline after
receiving RVX-208 for 24 weeks vs. placebo. Secondary endpoints include
change in ApoA-I, LDL-C, non-HDL-C, apoB, TG and HDL subclasses.
Resverlogix expects top line data by late 2012.
"The speed of patient enrollment for SUSTAIN has exceeded our
expectations," stated Donald McCaffrey, President and Chief Executive
Officer of Resverlogix. "The important goals in SUSTAIN are to show
safety and lipid altering effects of RVX-208 in subjects with
atherosclerotic CVD and low HDL-C given standard of care therapies.
Results from SUSTAIN will help to identify a patient population that
will likely benefit the most from the actions of RVX-208 on
atherosclerotic CVD", Mr. McCaffrey further commented.
About RVX-208
RVX-208 is a novel small molecule that stimulates endogenous ApoA-I
production to trigger the synthesis of HDL. The use of this approach
will enhance the functionality of HDL. ApoA-I is the major protein
component of HDL. The main role of these particles is to act as the
body's natural defense system against atherosclerosis by mediating a
normal physiologic process called reverse cholesterol transport
(RCT). This pathway enables cholesterol, including that within
atherosclerotic plaques of vessel walls, to be transported to the liver
for further processing and elimination from the body. Enhanced RCT
clearance of cholesterol from vessel walls should reduce or prevent
atherosclerosis. The ability of RVX-208 to increase ApoA-I production
and thereby augment RCT differentiates it from other HDL therapies.
RVX-208 is positioned to be one of the most promising drugs in
development for the treatment of atherosclerosis.
About Resverlogix Corp.
Resverlogix Corp. is a leading biotechnology company engaged in the
development of novel therapies for important global medical markets
with significant unmet medical needs. The NexVas Plaque Regression
program is the Company's primary focus which is to develop novel small
molecules that enhance ApoA-I production. These vital therapies are
focused to address the burden of atherosclerosis and other important
diseases such as Acute Coronary Syndrome, Alzheimer's disease,
Peripheral Artery Disease and Autoimmune diseases. Resverlogix Corp.'s
common shares trade on the Toronto Stock Exchange (TSX:RVX). For
further information please visit www.resverlogix.com.
This news release may contain certain forward-looking information as
defined under applicable Canadian securities legislation, that are not
based on historical fact, including without limitation statements
containing the words "believes", "anticipates", "plans", "intends",
"will", "should", "expects", "continue", "estimate", "forecasts" and
other similar expressions. In particular, this news release includes
forward looking information relating to research and development
activities, the conduct of the SUSTAIN trial and the potential role of
RVX-208 in the treatment of atherosclerosis. Our actual results, events
or developments could be materially different from those expressed or
implied by these forward-looking statements. We can give no assurance that any of the events or
expectations will occur or be realized. By their nature,
forward-looking statements are subject to numerous assumptions and risk
factors including but not limited to those associated with the success
of research and development programs, clinical trial programs including
possible delays in patient recruitment, the regulatory approval
process, competition, securing and maintaining corporate alliances,
market acceptance of the Company's products, the availability of
government and insurance reimbursements for the Company's products, the
strength of intellectual property, financing capability, the potential
dilutive effects of any financing, reliance on subcontractors and key
personnel and additional assumptions and risk factors discussed in our
Annual Information Form and most recent MD&A which are incorporated
herein by reference and are available through SEDAR at www.sedar.com. The forward-looking statements contained in this news release are
expressly qualified by this cautionary statement and are made as of the
date hereof. The Company disclaims any intention and has no obligation
or responsibility, except as required by law, to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
| Company Contacts: |
Donald J. McCaffrey
President & CEO
Resverlogix Corp.
Phone: 403-254-9252
Email: don@resverlogix.com
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Sarah Zapotichny
Director, Investor Relations
Resverlogix Corp.
Phone: 403-254-9252
Email: sarah@resverlogix.com |
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| US Institutional Investors:
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| Media: |
Susan Noonan
Managing Partner
S.A. Noonan Communications, LLC
Phone: 212-966-3650
Email: susan@sanoonan.com
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Eric Goldman
VP Public Relations
Rx Communications
Phone: 917-322-2563
Email: egoldman@rxir.com |
SOURCE Resverlogix Corp.