Sep 9 2009
Can-Fite BioPharma (TASE:CFBI), a biotechnology company traded on the Tel Aviv Stock Exchange, an Israeli Biopharmaceutical company, announced today that its 75-patient Phase II clinical study with CF101 to treat patients with moderate to severe Psoriasis has successfully met its primary objectives.
Patients in this double-blind study were randomly assigned to 1, 2 or 4 mg of CF101 or placebo twice daily. The drug was taken orally as a monotherapy for 12 weeks. By several analyses, the patient group receiving 2 mg CF101>
Dr. Michael David, Head of the Department of Dermatology, Rabin Medical Center, the study principal investigator said: “The study data is impressive and promising. CF101 is a unique small molecule orally bioavailable drug with an impressive safety profile based on accumulated experience in more than 700 patients. There is a market need in Psoriasis for small molecule drugs and I am confident that Can Fite should progress with the clinical development of CF101 based on the study data.”
CF101 was safe and well tolerated during the study period. This important safety result adds to the drug’s remarkable safety record from past studies in more than 700 patients.
The success in this study adds up to the success in a recently announced clinical study in dry eye patients. In both these studies the patients were treated with CF101 as a stand-alone treatment. Psoriasis, as well as dry eye disease are inflammatory diseases. The success in both these studies points to the potential general efficacy of CF101 in treatment of inflammatory diseases, with very large market potential.
Furthermore and most importantly success in these studies validates the technology platform of the company.
www.canfite.com
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