PolyMedix Surges After Announcement Of Encouraging Interim Results

PolyMedix, Inc. (OTC: PYMX) soared 19.86% to $0.700 in the early hours after the company announced that an interim analysis of results from more than 80 patients enrolled in its Phase 2 clinical trial with PMX-30063 defensin-mimetic antibiotic, indicate that all dosing arms in the study were both safe and effective in treating patients with Acute Bacterial Skin and Skin Structure Infections (ABSSSI) caused by S. aureus.

This is the first ever patient clinical efficacy study conducted with this new defensin-mimetic antibiotic class. PolyMedix is continuing to enroll patients and expects to complete the full trial in the first half of 2012.

PolyMedix, Inc. is a biotechnology company focused on treating acute cardiovascular disorders and life threatening, serious, infectious diseases with small synthetic molecule compounds that mimic the activity of large natural protein molecules, compounds referred to as biomimetics.


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