Jan 13 2010
Biovista Inc. today
announced that the U.S. Food and Drug Administration (FDA) has licensed its
technology platform to help analyze, identify, and better understand the way
certain drugs can cause harmful side effects.
The FDA's Office of Clinical Pharmacology, within the Center for Drug
Evaluation and Research (CDER), will test the use of Biovista's Adverse Event
Analysis (AEA) technology and work closely with Biovista scientists to
carefully study the serious side effects of several drugs or classes of
drugs, identified by FDA, to help promote safer use of these medications. The
goal of the collaboration is to explore the possibility of being able to
predict which patients may be most likely to experience adverse reactions to
these medications so that healthcare providers can better protect their
safety.
"We look forward to working with Biovista and using its technology
platform which may help reduce risks associated with using certain
medications and help improve how healthcare providers go about selecting the
drugs they prescribe for their patients," said Lawrence J. Lesko, Ph.D.,
Director of the Office of Clinical Pharmacology at CDER. "This license is an
example of how FDA hopes to work with leading-edge technologies and
collaborators to meet the goals of the agency's Safe Use Initiative."
"We are very pleased to collaborate with FDA in the analysis of drug side
effects, using our AEA technology. CDER's Office of Clinical Pharmacology has
a track record of innovation. We believe FDA's new Safe Use Initiative is a
natural fit for our unique AEA technology, and we look forward to working
closely with FDA and potentially helping to improve the safe use of drug
products," said Aris Persidis, Ph.D., President of Biovista Inc.
SOURCE Biovista Inc.