Poniard Pharmaceuticals Announces Clinical Data From Picoplatin Oral Phase 1 to Be Presented at the American Association of Cancer Research Annu...( - Additional data presentation on pic...),Health

- Additional data presentation on picoplatin overcoming platinum resistance

in small cell lung cancer -

SOUTH SAN FRANCISCO, Calif., March 19 /PRNewswire-FirstCall/ -- Poniard Pharmaceuticals, Inc. (Nasdaq: PARD), a biopharmaceutical company focused on oncology, today announced that preliminary data from a Phase 1 trial of an oral formulation of picoplatin in patients with solid tumors will be presented at the 2008 American Association for Cancer Research meeting to be held from April 12-16 in San Diego, CA. In addition, preclinical data of picoplatin overcoming platinum resistant small cell lung cancer cells in platinum resistant cell lines will also be presented at a separate poster presentation.

Details are as follows:

-- A Phase 1 randomized crossover picoplatin bioavailability

pharmacokinetics and pharmacodynamics study.

Abstract #209, Session ID: Clinical Research 1;

Yee L, Sharma S, Breitz H, Karlin D, Phillips A, Houston S, Saleh M.

General Poster Session Sunday April 13, 8:00 AM PT.

-- Picoplatin overcomes resistance in small cell lung cancer cell lines

treated with other platinum-based chemotherapeutics.

Abstract #713, Session ID: Experimental Molecular Therapeutics 3;

Parham C, Shocron E, McMahon G, Patel N.

General Poster Session Sunday April 13, 8:00 AM PT.

Picoplatin is the Company's lead product candidate under investigation in three clinical trials.

About Picoplatin

Picoplatin is a chemotherapeutic agent that has an improved safety profile compared to existing platinum-based chemotherapeutics. It was designed to overcome platinum resistance associated with the treatment of
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