Rigel's Fostamatinib and the Future of Rheumatoid Arthritis Therapy

Thu Jul 12, 2012 7:00am EDT

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Discussing Rigel Pharmaceutical's (NASDAQ:RIGL) immunomodulatory Rheumatoid Arthritis (RA) treatment, CEO Jim Gower says it has the potential to replace TNF inhibitors as the standard-of-care, with earlier results, broader efficacy, and dramatic improvement in bone destruction - a hallmark of the disease.

"The Pfizer (NYSE:PFE) drug [tofacitinib] and our drug, Fostamatinib, both work in the same week of therapy, they have differentiated mechanisms, they're both oral, so they make a lot more sense in terms of where you turn in the early [RA] treatment. Of the TNF inhibitors, which are in the fourth, and beginning to be fifth generation, it's hard to find any that have been introduced early that haven't been at least a billion dollar product."
In an exclusive interview with PropThink.com, Gower discusses the future of Fostamatinib - partnered with Astrazeneca (NYSE:AZN) - and promising pipeline asthma treatment R343, as well as Rigel's financial situation and catalysts for the company in the next year.

Click Here To View The Exclusive Video Interview with Rigel Pharmaceuticals.

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