Andromeda Finalizes Phase III Diabetes Study

Andromeda Biotech, a CBI portfolion company previously known as Peptor, has completed recruiting patients for a Phase III clinical trial for treating type 1 diabetes. Results are expected in

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DiaPep277®, is an unique synthetic peptide of 24 amino acids derived from the sequence of the human heat shock protein 60, representing a novel therapeutic approach to prevent the destruction of insulin producing cells in the pancreas. Treatment of type 1 diabetes patients with DiaPep277® may have several medical benefits including prevention of disease deterioration, improved glycemic control, reduction of daily insulin dose requirements, and delay or reduction of diabetic complications.

The global study is being conducted in Europe, USA, Israel, and Latin America with a recruitment of approximately 450 patients at more than 100 clinical study sites.

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