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Protox releases third-quarter financial results and company highlights

Published in Cancer Weekly, January 2nd, 2007

Protox Therapeutics Inc. (PRX) reported financial results and operating highlights for the third quarter.

"Protox made substantial progress during the third quarter with the acquisition of PRX321 from Neurocrine Biosciences and the U.S. Public Health Service," said Dr. Fahar Merchant, president and CEO of Protox. "PRX321 significantly expands our pipeline with a Phase II clinical program that utilizes our core expertise in toxin-based targeted therapies."

Merchant added: "Approval from Health Canada for our Clinical Trial Application, received subsequent to quarter's end, allows us to initiate a Phase I human clinical trial for PRX302 to treat adult...

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