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CyDex Pharmaceuticals completes Phase II allergic rhinitis trial

Posted on: Wed, 04 Feb 2009 07:27:00 EST

Symbols: CYDX

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Feb 04, 2009 (Datamonitor via COMTEX) --
CYDX | Quote | Chart | News | PowerRating -- CyDex Pharmaceuticals, a specialty pharmaceutical company, has successfully completed an early proof-of-concept Phase II clinical trial of its Captisol-Enabled budesonide/azelastine nasal spray for seasonal allergic rhinitis.

CyDex has an international patent cooperation treaty application pending for this combination nasal spray product.

A randomized, double-blind, placebo-controlled, three-way cross-over study was conducted in 108 seasonal allergic rhinitis patients to compare the relative efficacy of Captisol-Enabled budesonide/azelastine nasal spray (single solution) and rhinocort aqua (suspension) + astelin nasal spray (solution) against placebo nasal spray solution in the treatment of allergic rhinitis in an environmental exposure chamber.

Theron Odlaug, president and CEO of CyDex, said: "Our ongoing R&D at CyDex, as demonstrated by this Phase II clinical trial, will continue to propel the company forward as we grow to become a formidable specialty pharmaceutical company.

"The Captisol Enabled budesonide azelastine nasal spray product is one we intend to license to a commercial partner. Our ongoing strategy involves development of products to license as well as products we intend to retain, develop, and commercialize within CyDex Pharmaceuticals."

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