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Thursday, May 15, 2008

Incyte : Positive Clinical Progress

April 30, 2008--Incyte Corporation (Nasdaq:INCY) reported first quarter 2008 financial results and reviewed recent clinical accomplishments in multiple programs...
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11beta-HSD1 Inhibitor Program

INCB13739: Type 2 Diabetes

  • Confirmed that results from the 28-day Phase IIa trial will be presented by the principal investigator at the American Diabetes Association meeting on June 9, 2008
  • Finalized the protocol for the three-month Phase IIb trial which is scheduled to initiate in May 2008

INCB20817: Type 2 Diabetes

  • Initiated Phase I trials

HM74a Agonist Program

INCB19602: Type 2 Diabetes

  • Completed Phase I trials in which the compound was well tolerated, lowered free fatty acids without rebound and did not produce the flushing seen with niacin and its derivatives
  • Results from the Phase I trials support the initiation of a 28-day Phase IIa trial in type 2 diabetics that is expected to provide top-line proof-of-concept data later this year or early next year...
Incyte's Press Release -