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Celltech/Bayer Bay10-3356 to enter Phase III U.S. trials for septic shock in 1997.

Executive Summary

CELLTECH/BAYER BAY10-3356 TO ENTER PHASE III FOR SEPTIC SHOCK IN 1997 in the U.S. if pivotal trials of the companies' predecessor compound for septic shock, Bay-X1351, shows proof of principle, Celltech Group Chief Executive Peter Fellner, PhD, told a UBS Securities' life sciences conference in London April 16. Development of Bay10-3356 for septic shock will run about two years behind development of the murine Bay-X1351 for the indication, Fellner said. Bayer is conducting pivotal trials of Bay-X1351 ("The Pink Sheet" April 14, T&G-4).

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