CAMBRIDGE, Mass.--(BUSINESS WIRE)--ARIAD Pharmaceuticals, Inc. (NASDAQ: ARIA) today announced results of an open-label, Phase 1 multi-center, dose-ranging study of oral deforolimus, showing consistency with results observed in previous studies of intravenous deforolimus. These data provided the rationale for selection of the oral dose and administration schedule now being used in the ongoing Phase 3 SUCCEED trial of deforolimus for the treatment of advanced metastatic sarcomas, and will be presented in full at the annual meeting of the American Society of Clinical Oncology (ASCO), to be held in Chicago, Illinois from May 31 to June 3, 2008.