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LIPOSOME CO. HALTS MAITEC LIPOSOMAL GENTAMICIN DEVELOPMENT

Executive Summary

LIPOSOME CO. HALTS MAITEC LIPOSOMAL GENTAMICIN DEVELOPMENT worldwide "to focus the company's resources on its other products," the Princeton, N.J. liposome encapsulation company reported Feb. 23. The Liposome Company previously had announced at the Wheat First/Butcher & Singer health care conference Oct. 26 that Phase III trials of its liposomal gentamicin for Mycobacterium avium intracellulare in AIDS patients would begin in "several months" ("The Pink Sheet" Nov. 8, 1993, T&G-5). At the time, a Phase IIb trial was under way in the U.S. and a Phase III trial was ongoing in Europe. All developmental efforts have now been "suspended."

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