Jan 13 2010
Emisphere Technologies, Inc. today announced that Novo Nordisk has 
      initiated its first Phase I clinical trial with a long-acting oral GLP-1 
      analogue (NN9924). This milestone releases a $2 million payment to 
      Emisphere, whose proprietary Eligen® Technology is used in 
      the formulation of NN9924.
    
“But with the progress we have made so far I am convinced it is only a 
      matter of time.”
    
      GLP-1 (Glucagon-Like Peptide-1) is a natural hormone involved in 
      controlling blood sugar levels. It stimulates the release of insulin 
      only when blood sugar levels become too high. GLP-1 secretion is often 
      impaired in people with Type 2 Diabetes.
    
    
      The aim of this trial, which is being conducted in the UK, is to 
      investigate the safety, tolerability and bioavailability of NN9924 in 
      healthy volunteers. The trial will enroll approximately 155 individuals 
      and results from the trial are expected in 2011.
    
    
      There are many challenges in developing an oral formulation of GLP-1, in 
      particular obtaining adequate bioavailability. NN9924 addresses some of 
      these key challenges by utilizing Emisphere’s Eligen® Technology 
      to facilitate absorption from the gut.
    
    
      “We still have a long road with many challenges ahead of us before an 
      insulin pill or a GLP-1 pill becomes a reality,” says Peter Kurtzhals, 
      Senior Vice President and Head of Diabetes Research at Novo Nordisk. 
      “But with the progress we have made so far I am convinced it is only a 
      matter of time.”
    
    
      Michael V. Novinski, President and Chief Executive Officer, Emisphere 
      Technologies, says, “This milestone reflects a major achievement for our 
      program and partnership with Novo Nordisk and is one small but 
      significant step forward in the development of a successful treatment 
      for Type 2 Diabetes. As a company, we are extremely encouraged by the 
      progress to date and look forward to the future and the potential 
      benefits this program may bring to the millions of patients being 
      treated for this disease.”
    
    
      In June 2008, Novo Nordisk and Emisphere entered into a development and 
      license agreement to develop and commercialize oral formulations of Novo 
      Nordisk’s proprietary GLP-1 analogues, using Emisphere’s Eligen® 
      Technology. This is the first development milestone achieved by 
      Emisphere under this agreement.
    
Source: Emisphere Technologies, Inc.