Discovery Laboratories, Inc. (NASDAQ:DSCO - News) today announced encouraging results from its recently completed Phase 2 clinical trial of Surfaxin(r) (lucinactant) for the prevention and treatment of Bronchopulmonary Dysplasia (BPD), a debilitating and chronic lung disease typically affecting premature infants who have suffered Respiratory Distress Syndrome (RDS). The results suggest that Surfaxin, administered up to five times, may represent a novel therapeutic option for infants at risk for BPD. Presently there are no approved therapies for this disease. Surfaxin has received an Approvable Letter from the United States FDA for the prevention of RDS and has Orphan Drug Status and Fast Track designation from the FDA for the prevention and treatment of BPD.
DSCO makes a fully synthetic surfactant for use in infants with respiratory distress. Basically surfactants are a types of proteins and lipids that help oxygen diffuse into the blood stream within the lung. The cool thing about DSCO's Surfaxin is that it is non immunogenic meaning the body wont see it as foreign an mount an immune response against it.
DSCO 's shares were up almost 60 cents in yesterday's rally. Midday trading today is holding at $2.59 down 5 cents in large volume trading.
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