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Star Scientific Files Second Quarter Financial Results; Rock Creek Pharmaceuticals Reports Early Promising Results in Studies Assessing Safety and Viability of Active Components for a Non-Nicotine Nutraceutical (CigRx(TM))
Date:8/10/2009

l(R). If an agreement is achieved, Star anticipates it will be able to achieve both cost reductions and broadened product distribution for its dissolvable tobacco products.

Second quarter R&D expenses also included expenditures of $.4 million by the company's Rock Creek Pharmaceuticals subsidiary. These expenditures related to assessing the applicability of low-TSNA tobacco and certain MAO agents for several applications, including in a non-nicotine nutraceutical product designed to minimize nicotine cravings.

Rock Creek now has completed two preliminary studies to assess the viability and safety of the active components for a non-nicotine nutraceutical (a dietary supplement product). Curtis Wright, MD, MPH, Chief Medical Officer of Rock Creek, stated he is pleased with the preliminary results of the safety studies now being conducted at two independent research institutions. "There is increasing evidence in recent years that the association between nicotine addiction and MAO reduction in smokers is important. It is one thing to read research reports and publications but it is quite another to see primary data showing that tobacco can decrease human MAO B to levels similar to those seen in strong antidepressants." Rock Creek's research program is central to its evolving strategies and to the continued development of products for the treatment of cigarette addiction, including a non-nicotine nutraceutical that would be marketed under the brand name CigRx(TM). At the same time Star continues its efforts to identify a pharmaceutical or health-related entity that could assist in the distribution and consumer acceptance of a nutraceutical product such as CigRx(TM).

General and administrative expenses for the second quarter, which totaled approximately $5.1 million, included $2.7 million of increased legal expenses for the jury trial referenced above and the ongoing patent reexamination process before t
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SOURCE Star Scientific, Inc.
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