GenVec Inc. Q4 2007 Earnings Call Transcript

  • download
  • Print
  • Recommend
  • 3

2008-03-14 11:31:09.0

Tags: GenVec Inc.

Question-and-Answer Session

Operator

(Operator Instructions). And your first question comes from the line of [Sean Wu of Rodman & Renshaw]. Please proceed.

Sean Wu - Rodman & Renshaw

Hello, good morning.

Paul Fischer

Good morning.

Sean Wu - Rodman & Renshaw

Thank you for taking my question. I had a question, I know like Paul may sound he was saying as of like last month you have how many patients enrolled in the PACT trials, just with an aggregated number?

Paul Fischer

143 patients as of the end of February.

Sean Wu - Rodman & Renshaw

Thanks a lot. You had mentioned about this NIH trial, so are we going to hear a more definitive answer when and whether it will start anytime soon?

Paul Fischer

There has been some suggestion from the NIH, they definitely would like to move forward that’s been said by the head of the organization but we really don’t have any specific dates to provide you, we know they are looking at different alternative ways to conduct the trial, and very importantly, I think there is a lot of data analysis that’s still going on from the initial studies at Merck. And so I think that will be evolving in the next few months and hopefully perhaps at the next call, we’ll be able to give you specifics on their plans. Remember this is an NIH decision.

Sean Wu - Rodman & Renshaw

But that decision haven’t – has no like kind of implication on your revenue or anything because your...?

Paul Fischer

No, no it doesn’t – we actually have provided the materials already to them, that actually was completed in last year. And so that really has no effect on this year’s revenues, and in fact program is moving ahead very well on a variety of research topics around HIV and other vaccines.

Sean Wu - Rodman & Renshaw

May I ask another question?

Paul Fischer

Sure.

Sean Wu - Rodman & Renshaw

Okay. I’ll just – TNFerade has shown promise in many other indications like head and neck and esophageal, so have you have – are you planning to start another like a pivotal trial in one other indications? Or you just would like to kind of focus that later on the PACT trial as of now?

Paul Fischer

Well, I think from GenVec’s point of view it’s very important to maintain our focus on the pancreatic study, we are getting very close to the goal line. As I said, we expect to have 200 patients enrolled by the end of the year, and I think it’s very wise for us to spend what extra resources we have, and being sure we have the right doses for the other indications prior to initiating a larger study. So, this year we’ll focus on PACT, we will get data on initial preliminary safety and dosing regimens for head and neck, and I think that will be much more important than trying to divert resources away from PACT.

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here