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Vestar

Executive Summary

Phase I clinicals of the company's targeted liposomal daunorubicin to begin soon. The trial will involve patients with metastatic tumors. Vestar intends the Phase II portion of the study to focus on treating tumors of various types, particularly Kaposi's sarcoma. Vestar in collaboration with LyphoMed has another liposomal cancer drug in clinicals. A Phase II trial of liposomal doxorubicin is ongoing at Georgetown University. Under the 50/50 R&D venture, Vestar retains manufacturing rights and LyphoMed handles marketing and sales.

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