Quite bizarre. I turned on catalyst & watched the show talking about this great drug, only for a statement at the end telling us ... well you know what.
Catalyst Statement
On 22 February 2007, the day before this story went to air, Catalyst was informed by Metabolic Pharmaceuticals Ltd that the drug they were developing based on the human growth hormone was no longer being trialled as a weight loss drug.
The company explained that they had ceased commercial development of this drug because clinical trials failed to show a significant increase in weight loss when compared to the placebo group.
In a statement to the Australian Stock Exchange, the company announced, “The design of the obesity trial included Phase 3 conditions, such as a broader population of subjects (536 in total) and a formal diet and exercise programme. Under these conditions [this drug] treatment did not demonstrate the weight loss required to support commercial outcomes…There was a subgroup, predetermined in the trial design, which did show weight loss at the levels in the previous trial but the overall population did not respond consistently…”
The drug will now be tested for the potential treatment and prevention of Osteoporosis.
Trials of the weight loss drug being developed by the Baker Heart Research Institute also featured in this Catalyst story are ongoing.
http://www.abc.net.au/catalyst/
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