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PREDIX Pharmaceuticals (PRDX)

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Last Post: 7/31/2006 3:35:08 PM - Followers: 1 - Board type: Free - Posts Today: 0

PREDIX Pharmaceuticals has three drug candidates in clinical trials, including an anxiety disorder treatment. Globes correspondent 4 Aug 05 09:47 PREDIX Pharmaceuticals Holdings, a drug discovery and development company, has announced that it filed a registration statement with the Securities and Exchange Commission (SEC) relating to the proposed initial public offering of primary shares of its common stock. UBS Investment Bank will be acting as the sole book-running manager. Deutsche Bank Securities Inc. will be a co-lead manager and CIBC World Markets Corp. and ThinkEquity Partners LLC will be co-managers. PREDIX is a privately held company based in Lexington, Massachusetts and Ramat Gan, Israel. In January 2005, PREDIX completed a $43 million Series C private equity financing led by Forward Ventures, Boston Millennia Partners, and CMEA Ventures. Additional investors participating in this round included new investors Novel Bioventures, Yamanouchi Venture Capital, Yasuda and JAFCO Ventures, as well as previous investors OrbiMed Advisors LLC, S.R. One, Yozma Group, International Life Science Partners and PA Consulting. PREDIX focuses on the discovery and development of novel, highly selective, small-molecule drugs that target G-Protein Coupled Receptors (GPCRs) and ion channels. Using its proprietary drug discovery technology and approach, PREDIX has advanced three drug candidates into clinical trials and has six additional programs in preclinical development and discovery. PREDIX's lead clinical-stage drug candidate, PRX-00023, completed a Phase II clinical trial in patients with generalized anxiety disorder in July 2005, and PREDIX expects to begin screening patients for the first of at least two pivotal Phase III clinical trials for this indication in early August 2005. Two other clinical-stage drug candidates, PRX-03140 for the treatment of Alzheimer's disease and PRX-08066 for the treatment of pulmonary arterial hypertension, are in Phase I clinical trials. Published by Globes [online], Israel business news - www.globes.co.il - on Thursday, August 04, 2005 Note: This board is for PRDX, which is not yet listed. The iBox will be upadted according to proceedings, if any.
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#24   Predix to collaborate with Amgen on drug development midastouch017 07/31/06 03:35:22 PM
#23   Fourth Predix drug candidate enters clinical trials midastouch017 06/08/06 07:43:54 AM
#22   Predix Pharmaceuticals Achieves Full Enrollment for Phase III midastouch017 05/24/06 07:24:31 AM
#21   Predix preliminary clinical trial of hypertension drug - successful midastouch017 04/20/06 02:33:57 PM
#20   Why was Predix’s value halved? midastouch017 04/05/06 06:29:16 AM
#19   EPIX to acquire Predix for $90m midastouch017 04/03/06 01:09:16 PM
#18   Predix Pharmaceuticals Obtains Special Protocol Assessment for PRX-00023 midastouch017 11/30/05 09:42:35 AM
#17   Predix’s Alzheimer’s treatment passes Ib clinical trial midastouch017 11/16/05 11:11:00 AM
#16   Predix Pharmaceuticals Announces Positive Findings from First Clinical midastouch017 11/14/05 10:08:26 AM
#15   Predix cancels Nasdaq IPO midastouch017 10/27/05 03:29:52 PM
#14   Predix may cancel IPO midastouch017 10/26/05 04:26:13 PM
#13   A pity.Would have been a steal at $ 10. midastouch017 10/26/05 04:12:01 PM
#12   Predix Pharma pulls IPO, citing weak market DewDiligence 10/26/05 04:07:07 PM
#11   Predix postpones midastouch017 10/23/05 04:24:14 AM
#10   Predix IPO postponed midastouch017 10/20/05 02:01:24 PM
#9   Rfj, Good questions, none of which i can answer, therefore midastouch017 10/18/05 03:38:18 AM
#8   PRDX Looking for a place to invest my ill-gotten rfj1862 10/17/05 11:57:09 AM
#7   Biotech co Predix goes public on Wed midastouch017 10/16/05 02:47:00 PM
#6   Predix Pharmaceuticals to raise $55m at $232m value midastouch017 10/06/05 01:51:32 PM
#5   Ramat Gan-based Predix, which develops new medicines through midastouch017 09/29/05 03:59:17 AM
#4   Israeli biotech leader asked by Cystic Fibrosis Foundation midastouch017 08/29/05 05:46:40 AM
#3   Predix Pharmaceuticals Initiates Phase III Clinical Trial of midastouch017 08/15/05 09:46:45 AM
#2   Predix Pharmaceuticals Files for Initial Public Offering midastouch017 08/05/05 05:27:18 AM
#1   Background info & archived material. midastouch017 08/05/05 05:16:50 AM