Dec 10 2009
Azaya Therapeutics, Inc. announced today that the Food and Drug 
      Administration (FDA) has approved its Investigational New Drug (IND) 
      application for its lead product “ATI-1123,” a novel and improved 
      formulation of Taxotere® (docetaxel), a leading chemotherapy 
      drug with worldwide annual sales of over $2.8 billion.
    
    
      Azaya’s Phase I clinical study will now open for enrollment at two 
      premier cancer research centers in Texas: South Texas Accelerated 
      Research Therapeutics at the START Center for Cancer Care in San Antonio 
      and The Mary Crowley Cancer Research Center in Dallas. Patients with 
      solid tumors that have not responded to treatment with other anti-cancer 
      agents will be enrolled in the study. The study is designed as an 
      open-label, dose-escalation study that will determine the safety, 
      tolerability and pharmacokinetics of the drug. The study also provides 
      for the collection of efficacy data.
    
    
      “The FDA’s acceptance of our IND package is an important milestone in 
      the commercialization of this important and innovative new cancer 
      treatment,” said Michael T. Dwyer, president and CEO of Azaya. 
      "Developing a cancer treatment such as ours takes an extraordinary 
      amount of time and effort, and I am pleased to initiate our Phase I 
      trial for patient enrollment,” he added.
    
    
      Azaya utilizes a proprietary manufacturing process to produce 
      liposome-encapsulated chemotherapeutics that eliminates the use of toxic 
      carriers and incorporates a naturally occurring protein to stabilize the 
      liposomal encapsulated drug. Preclinical studies have demonstrated 
      improvement in the toxicology profile and an enhanced efficacy of 
      ATI-1123 compared to Taxotere® in a number of tumor models.
    
http://www.azayatherapeutics.com/