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BioVascular, Inc. Merges with Revitus and Acquires First-In-Class Platelet Count Reducer

Published in Drug Week, September 28th, 2007

BioVascular, Inc., a company focused on developing therapies targeting platelet-mediated diseases, announced that it has merged with Revitus, a privately-held company developing a first-in-class platelet count reducer, BVI-007. The announcement came as the first subject was dosed in a Phase Ia clinical trial of BVI-007, a thrombopoeitin antagonist that reduces platelet production without impacting platelet function. BVI-007 is being developed for the prevention of myocardial infarction, thrombotic stroke and death in patients who have had a previous cardiovascular event.

"BioVascular and Revitus were both focusing on novel therapeutics for platelet-mediated diseases,"...

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