Celtic Pharma Reports Preliminary Results Of Phase 2 Clinical Trials With TA-CD, Cocaine Addiction Vaccine

NEW YORK, and HAMILTON, Bermuda, June 21 /PRNewswire/ -- Preliminary results from two Phase 2 studies of TA-CD, a novel immunotherapy vaccine for the treatment of cocaine addiction, sponsored by the National Institute on Drug Abuse ("NIDA"), were presented on June 16, 2006, and reviewed at a meeting in Scottsdale, AZ, of NIDA officials, a panel of drug addiction experts from leading US research institutions and the Celtic Pharma team.

The first study was a Phase 2a study of TA-CD conducted by Dr. Margaret Haney, Associate Professor of Clinical Neuroscience at Columbia University. The study looked at the impact of vaccinating chronic cocaine-dependent volunteers who were not actively seeking to reduce or stop their cocaine use. Results demonstrated that volunteers who successfully developed good levels of anti-cocaine antibodies in their blood experienced an attenuation of the "high" normally expected from cocaine use. This response also resulted in a substantial reduction in the amount of cocaine the volunteers reported using. The study was well controlled and provides encouraging evidence for the potential utility of this therapeutic approach.

The second study was a double-blinded placebo controlled Phase 2b study in 114 patients, conducted by Prof. Thomas Kosten, MD, Chief, Psychiatry Service at Yale University School of Medicine, which looked at cocaine users who were also on methadone maintenance therapy for treatment of heroin addiction. The primary end-point was an improvement in abstinence from cocaine for three consecutive weeks; this challenging end-point in patients with an average of thirteen years of cocaine abuse was not achieved in part due to a higher than expected placebo effect in the study. Nevertheless, some significant indications of efficacy were demonstrated in the study including twice as many patients in the treatment group achieving a 50% or greater increase in cocaine-free days as measured by urine analysis.

"We are encouraged by the results from both studies of TA-CD, which support the mechanistic and pharmacological underpinnings of this novel immunotherapy vaccine for the treatment of addiction," commented Dr. Kosten. "While more detailed analyses of the clinical data from these two studies is ongoing, the results are already providing valuable insight for TA-CD's future study design and regulatory options."

Celtic Pharma will be continuing the data review and discussions with NIDA and acknowledged experts in the field in order to determine the best route forward for this exciting program addressing a major unmet societal need.

Dr Patrick O'Connor, Head of Clinical Development for Celtic Pharma, commented: "We believe these results demonstrate that the immunotherapy technology underlying TA-CD holds promise for this and other drug addictions. In addition to planning now for TA-CD's late stage clinical development, we are incorporating the valuable data from these studies into our plans to execute a definitive proof of concept study for TA-NIC, our vaccine to treat nicotine addiction in smokers."

About NIDA

The National Institute on Drug Abuse is a component of the National Institutes of Health, U.S. Department of Health and Human Services. NIDA supports most of the world's research on the health aspects of drug abuse and addiction. The Institute carries out a large variety of programs to ensure the rapid dissemination of research information and its implementation in policy and practice. Fact sheets on the health effects of drugs of abuse and further information on NIDA research can be found on the NIDA web site at http://www.drugabuse.gov.

About Celtic Pharmaceutical Holdings L.P.

Celtic Pharmaceutical Holdings L.P. is a global private equity investment firm focused on the biotechnology and pharmaceutical industries. Celtic Pharma was founded by Stephen Evans-Freke and John Mayo, CBE and is based in Bermuda, with offices in New York and London. Celtic Pharma acquires and invests in late stage pharmaceutical programs and drives these programs through the final stages of regulatory approval. Celtic Pharma's aim is to bridge the gap between the established pharmaceutical companies' new product pipeline crisis and the biotech industry's capital drought. For further information, please visit Celtic Pharma's website at www.celticpharma.com.

Celtic Pharma

CONTACT: Kathy Armstrong of Celtic Pharma, +1-212-616-4042,Kathy@celticpharma.com; or Matt Dallas of Financial Dynamics,+1-212-850-5627, mdallas@fd.com; or Sara Rosario Wilson of NIDA,+1-301-443-6245, media@nida.nih.gov

MORE ON THIS TOPIC