PORTLAND, Ore.--(BUSINESS WIRE)--Jan. 10, 2006--AVI BioPharma, Inc. (Nasdaq:AVII), today announced favorable safety and pharmacokinetic results from the first phase of its clinical trial for chronic active hepatitis C virus (HCV). The multicenter study is designed to assess the safety, tolerability, pharmacokinetics (PK) and viral response to daily subcutaneous administration of its proprietary NEUGENE(R) antisense compound AVI-4065 among healthy volunteers and patients with HCV.