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July 29, 2008 -
SemBioSys Genetics Inc. (TSX:SBS), a
biotechnology company developing a portfolio of therapeutic proteins for
metabolic and cardiovascular diseases, announced that it has submitted
an Investigational New Drug (IND) application for safflower-produced
recombinant human insulin to the United States Food and Drug Administration
(FDA). The IND application contains a physical, chemical and structural
analysis of safflower-produced insulin to a reference standard, results from
28-day sub-chronic toxicology studies in two species of mammals, demonstration
of pharmacodynamic function in animals and describes a cGMP process for the
production of safflower-produced insulin. SemBioSys plans to initiate a
Phase I/II clinical study of its safflower-produced insulin in the
fourth quarter of 2008...
SemBioSys Genetics' Press Release -