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Trade Alert: ANDS, DRYS.

Publication: M2 Presswire
Publication Date: 31-JUL-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 July 2009-Wall Street News Alert: Trade Alert: ANDS, DRYS(C)1994-2009 M2 COMMUNICATIONS

RDATE:31072009

Miramar, FLA. -- Wall Street News Alert is issuing its "Daily Market Movers Report" for Friday morning. It includes: Anadys Pharmaceuticals, Inc. (NASDAQ: ANDS) and DryShips Inc. (NASDAQ: DRYS).

For more information, please visit www.WallStreetNewsAlert.com.

Anadys Pharmaceuticals, Inc. (NASDAQ: ANDS)

Anadys Pharmaceuticals, Inc. (NASDAQ: ANDS) closed yesterday up 1.12% on over 1.2 million shares traded.

To view the complete release, please visit: http://wallstreetnewsalert.com/fullstory.php?id=1452July 30, 2009 - Anadys Pharmaceuticals, Inc. (NASDAQ: ANDS) today announced finalization of the protocol for the Company's Phase II trial of ANA598 in combination with pegylated interferon-alpha and ribavirin in hepatitis C patients. Allowance of the protocol has been received from the United States Food and Drug Administration (FDA), and patient dosing is expected to commence within the next several weeks.

In the Phase II study, naive genotype 1 patients will receive ANA598 or placebo in combination with Pegasys (peginterferon alfa-2a) and Copegus (ribavirin, USP) (a current standard of care, or SOC) for 12 weeks at dose levels of 200 mg or 400 mg twice daily (bid), each with a loading dose of 800 mg bid on day one. After week 12, patients will continue to receive SOC. Patients who achieve undetectable levels of virus at weeks 4 and 12 will be randomized to stop all treatment at week 24 or 48. The primary endpoint of the study is the proportion of...

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