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2004 FEB 5 - (NewsRx.com & NewsRx.net) -- Keryx Biopharmaceuticals, Inc., (KERX) has entered into an agreement to acquire ACCESS Oncology, Inc., a privately held, cancer-focused biotechnology company.
The acquired drug portfolio includes three clinical stage compounds, to be designated as KRX-0401, KRX-0402, and KRX-0403.
KRX-0401 is a novel, first-in-class, oral AKT-inhibitor that has demonstrated single agent antitumor activity in phase I studies and is currently in nine phase II single agent clinical trials in six tumor types, including breast, prostate, melanoma, pancreatic, sarcoma, and head and neck cancer, being conducted by the National Cancer Institute (NCI) under a collaborative research and development agreement (CRADA) arrangement.
Activation of the AKT pathway is believed to play an important role in cell survival and cell proliferation. KRX-0401 is a potent inhibitor of AKT activation and is believed to be the only AKT inhibitor in clinical development primarily for the treatment of cancer. Additionally, KRX-0401 has been shown to significantly inhibit additional signal transduction pathways including MAPK and JNK, adding to its anticancer effects. Moreover, preclinical data generated suggests significant synergy with other anticancer therapies. Accordingly, in 2004, Keryx plans ...