IRVING, Texas, July 13 /PRNewswire-FirstCall/ -- Carrington Laboratories, Inc. today announced that its wholly-owned subsidiary DelSite Biotechnologies, Inc. took delivery of several thousand doses of the H5N1 influenza (bird flu) antigen from a secured source and is preparing to initiate America’s first clinical program of a nasal powder bird flu vaccine, combining the H5N1 antigen with DelSite’s novel GelVac(TM) dry powder delivery platform.
An IND filing for Phase I human safety study is planned later this year pending successful results of toxicology studies which are scheduled to begin within 30 days.
Successful development of a nasal dry powder bird flu vaccine may fill key needs in national preparedness against an influenza pandemic, accelerating the swiftness by which people could be inoculated against a potentially deadly threat. The Carrington-DelSite technology allows for stockpiling of vaccine supplies and shipment without refrigeration. The dry powder-based vaccine may also be self-administered without the use of needles or the need for attending healthcare professionals.
The GelVac(TM) powder contains the unique GelSite(R) polymer, also developed and manufactured by DelSite. The GelSite(R) polymer enables in situ gelling of the vaccine powder when introduced into the nasal passages, the polymer adheres to the mucosal lining and provides prolonged residence time that, in turn, increases antigen delivery. Other unique features of the delivery platform include room temperature stability, prolonged shelf life, and needle-free administration. Because refrigerated transportation and storage are not required, GelSite(R) technology could greatly enhance vaccination programs in developing countries where conventional therapies and preventives are not practical, thus contributing to greater worldwide pandemic preparedness.
A Phase I safety study of the GelVac(TM) powder delivery system without antigen was successfully completed, and it serves as the basis for the upcoming clinical testing of the system with the bird flu antigen.
Dr. Yawei Ni, DelSite’s chief scientific officer, stated, “During the past year we’ve honed our manufacturing process for the GelVac(TM) formulation and are now able to produce greater quantities in less time, with consistent results. We anticipate the toxicity studies with the antigen will produce the desired results, and are eager to move forward to the human clinical testing phase. We’ve worked very diligently over the last several years to bring this technology to fruition, and it is most gratifying and exciting to test its capability in a human clinical setting. I commend DelSite’s dedicated scientific staff for all they have done to bring our technology closer to a proven means which may benefit people around the world.”
Conference Call Information
A conference call to discuss DelSite’s plans going forward with the bird flu antigen is scheduled for Monday, July 16th, 4:30 p.m. Eastern, 3:30 p.m. Central. Investors are invited to listen to the conference call by dialing 866-277-1184 in the US or 617-597-5360 internationally, shortly before the call begins at 4:30 p.m., Eastern. The pass code is 65113523. The call is also being web cast by CCBN and can be accessed at Carrington’s web site at http://www.carringtonlabs.com. A replay of the call will be available a few hours after the call concludes by dialing 888-286-8010 in the US and 617-801-6888 internationally. The pass code for the replay is 54910809.
The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at http://www.fulldisclosure.com, Thomson/CCBN’s individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson’s password-protected event management site, StreetEvents (http://www.streetevents.com).
About DelSite
Carrington’s wholly-owned subsidiary DelSite Biotechnologies, Inc., is developing its proprietary GelSite(R) technology designed to provide controlled release of peptide and protein-based drugs and vaccines. DelSite is currently developing a nasal powder vaccine using its GelVac(TM) formula with the H5N1 avian flu antigen. This work is partially funded by two grants from NIAID (National Institute of Allergy and Infectious Diseases) of NIH (National Institute of Health) under the Department of Health and Human Services.
About Carrington
Carrington Laboratories, Inc. is an ISO 9001-certified, research-based, biopharmaceutical and consumer products company currently utilizing naturally-occurring complex carbohydrates to manufacture and market products for mucositis, radiation dermatitis, wound and oral care, as well as to manufacture and market the nutraceutical raw material Manapol(R) and cosmetic raw material Hydrapol(TM). Carrington also manufactures and markets consumer products and manufactures quality products for other companies. Manufacturing operations comply with cGMP standards. Carrington’s technology is protected by more than 130 patents in 26 countries. Select products carry the CE mark, recognized by more than 20 countries around the world. For more information, visit http://www.carringtonlabs.com.
Certain statements in this release concerning Carrington may be forward- looking. Actual events will be dependent upon a number of factors and risks including, but not limited to: subsequent changes in plans by the Company’s management; delays or problems in formulation, manufacturing, distribution, production and/or launch of new finished products; changes in the regulatory process; changes in market trends; and a number of other factors and risks described from time to time in the Company’s filings with the Securities & Exchange Commission, including the Form 10-Q, filed May 15, 2007.
For Information Contact: Carlton E. Turner, Chief Executive Officer (972) 518-1300 Dr. Yawei Ni, Chief Scientific Officer (972) 717-5009; yni@delsite.com
Carrington Laboratories, Inc.
CONTACT: Carlton E. Turner, Chief Executive Officer, +1-972-518-1300, orDr. Yawei Ni, Chief Scientific Officer, +1-972-717-5009, yni@delsite.com,both of Carrington Laboratories, Inc.
Web site: http://www.carringtonlabs.com/
