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Medgenics Inc

  • BY: Andrew Hore |
  • POSTED: 27/03/2009 |

Medgenics Inc has revealed positive trial news for its EPODURE treatment.

The shares rose 0.125p to 3.25p a share, which values Israel-based Medgenics at £3.98m. More potential partners have become interested in the technology.

EPODURE produces EPO (erythro-protein) to treat anaemia.

The first two patients treated with a single dose of EPODURE have maintained their haemoglobin levels within target levels for five months. They have not needed any EPO injections, which are normally required three times a week. That equates to a dozen injections each month.

A total of seven patients have been treated and six received the treatment more than one month ago. The latest patient has been given a higher dose. There are no reported adverse effects for any of the patients.

The trial will be widened to include dialysis patients as well as pre-dialysis patients.

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