JERUSALEM, Israel, July 21 OramedPharmaceuticals, Inc. (OTCBB: ORMP.OB) ( http://www.oramed.com), a developerof alternative drug delivery systems, today reported positive results from aPhase 2A study of its oral insulin capsule, ORMD-0801, on type 1 diabeticpatients. The completion of this study marks Oramed's first clinical trial onpatients with Type 1 Diabetes Mellitus, whereas, all Oramed's trials up todate have been conducted on type 2 diabetic patients. This study evaluatedsafety, tolerability, and food effects in type 1 diabetic patients.
Oramed's oral insulin capsule, (ORMD-0801), was well tolerated bypatients and no serious adverse events were observed. The insulin absorptionwas not affected when given before meal ingestion.
Oramed Chief Scientific Officer, Miriam Kidron, PhD., remarked, "Theseresults demonstrate that Oramed's oral insulin capsule had a good safetyprofile and was effective on patients with type 1 diabetes when taken priorto a meal."
Currently, Oramed is conducting its Phase 2B clinical trial in SouthAfrica, in which the company is evaluating the effects of ORMD-0801 on type 2diabetic patients.
About Oramed Pharmaceuticals
Oramed Pharmaceuticals is a technology pioneer in the field of oraldelivery solutions for drugs and vaccines presently delivered via injection.Oramed is seeking to revolutionize the treatment of diabetes through itspatented flagship product, an orally ingestible insulin capsule currently inphase 2 clinical trials. Established in 2006, Oramed's technology is based onover 25 years of research by top research scientists at Jerusalem's HadassahMedical Center. The Company's corporate and R&D headquarters are based inJerusalem.
For more information, please visit http://www.oramed.com
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SOURCE Oramed Pharmaceuticals Inc.