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Pharma company reports second quarter 2004 results.

Vaccine Weekly

| September 01, 2004 | COPYRIGHT 2004 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

2004 SEP 1 - (NewsRx.com & NewsRx.net) -- Point Therapeutics, Inc., (NASDAQ: POTP) reported results for the fiscal quarter and 6 months ended June 30, 2004.

During the second quarter of 2004, Point achieved the following key milestones:

- Initiated three Phase 2 talabostat (PT-100) human clinicalstudies in: advanced metastatic melanoma patients studying talabostat as a single agent, advanced metastatic melanoma patients combining talabostat with cisplatin, advanced chronic lymphocytic leukemia patients combining talabostat with rituximab

- Initiated trading of Point's Common Stock on the NASDAQ Small Cap Market on April 2, 2004

- Presented Phase 1 clinical data at the 40th Annual Meeting of the American Society of Clinical Oncology (ASCO) in June 2004

- Announced the appointment of a clinical advisory board to assist Point in developing its clinical and scientific strategy

- Appointed two new members to the board of directors: Larry G.Pickering, global chairman CSFB Private Equity and former Johnson & Johnson senior executive; Dr. Richard Benjamin, chief medical officer of the American Red Cross, New England Region, and assistant professor of Pathology at Harvard Medical School

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Source: HighBeam Research, Pharma company reports second quarter 2004 results.

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