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Home > Company Index > Drugs > Biotechnology-Medicine > Trimeris, Inc.

Trimeris, Inc.
Nasdaq: TRMS
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 NEWS FROM THE WIRES
Roche says aims to launch novel AIDS drug in 2003
Aug 15 2001 05:24 AM PDT

More WIRE STORIES about this company

 PROFILE
Trimeris hopes to safeguard cells from viral invaders. The development-stage company is working on drugs that prevent viruses from fusing to a host cell, keeping cells safe. The company's lead product, T-20, is in Phase III clinical trials to test its ability to inhibit fusion of HIV with human cells. T-20 and sister drug T-1249 seek to prevent infection as opposed to attacking reproducing viruses. Trimeris has an agreement with Hoffman-La Roche to develop and market the drugs internationally. The FDA has given both drugs the fast track designation, which is meant to expedite the trial process. The firm is also developing products to prevent other types of viral infections.

 COMPETITION
GlaxoSmithKline plc (GSK)
Progenics Pharmaceuticals, Inc. (PGNX)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1.00
1-Yr. Sales Growth: (90.1)%
Employees: 85
Revenue per employee: $11,764.71

 KEY PEOPLE
• Dani Bolognesi
    CEO
• Robert R. Bonczek
    CFO

 CONTACT INFO
4727 University Dr., Ste. 100
Durham, NC 27707
US
Phone: 919-419-6050
Fax: 919-419-1816
Online: Web Site

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