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Advancis Pharmaceutical Corp is Added to the Bellwether Watch list.

Publication: M2 Presswire
Publication Date: 28-FEB-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-28 February 2007-Biotech News: Advancis Pharmaceutical Corp is Added to the Bellwether Watch list(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:28022007

Advancis Pharmaceutical Corp (NASDAQ:AVNC) is Added to the Bellwether Watch list

Advancis Pharmaceutical Corporation on...

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...has its fingers the pulse in the fight against bacteria. The company is developing new formulations of existing antibiotics that are no longer patent protected, using its PULSYS once-a-day pulsatile delivery technology. Among the antibiotics that the company is researching are amoxicillin, cephalexin, and clarithromycin. Advancis is looking to collaborate with other drugmakers to use its PULSYS technology; the company already has made a deal with Eli Lilly to develop a PULSYS version of its Keflex brand of cephalexin, and in the meantime it handles the sales and marketing of Keflex in the US. HealthCare Ventures owns 37% of Advancis.

Shares were up 8% after reaching an agreement...

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