Q & A With Access Pharmaceuticals’ CEO, Jeffrey B. Davis – Part 2: Cobalamin, ProLindac and Thiarabine

In part 2 of his interview with small-cap equity research firm, OutsideIn Research, Access Pharmaceuticals’ CEO Jeffrey B. Davis provided an in-depth look at the Company’s product pipeline.

COBALAMIN ORAL DRUG DELIVERY / TARGETED DRUG DELIVERY TECHNOLOGY

Q: Can you help explain to the readers your Cobalamin platform technology, in simple layman’s terms?

Jeffrey B. Davis: Sure, I can certainly try.  It’s easiest to explain in the context of the Oral Drug Delivery activity ongoing, so I’ll use that first to explain how the technology works.

First, you should know that drugs have to be injected today because the molecule itself is too large, or simply physically too big to get across the digestive tract.  Because they can’t get across your digestive tract, some drugs need to be injected directly into your blood stream.  Clearly, a technology that could transform “injectable” drugs into “oral” or pill forms of drugs would be very helpful to the pharmaceutical industry, and very valuable.
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Access Pharmaceuticals Furthers Clinical Development Program of Thiarabine in Patients With Hematologic Malignancies

Phase I/II Clinical Trial to be conducted at UT MD Anderson Cancer Center

DALLAS, TX and NEW YORK, NY August 3, 2010

Access Pharmaceuticals, Inc. (OTCBB: ACCP), today announced it has initiated a Phase I/II dose-escalating study of its proprietary, anti-cancer drug, Thiarabine, a nucleoside analogue for patients with hematologic malignancies (cancers of the blood).  The primary objective of the study is to determine the maximum tolerated dose (MTD) in two different dosing schedules with various leukemias and lymphomas and recommended Phase II dose. The program is being led by Hagop Kantarjian, M.D., Chair of the Department of Leukemia at The University of Texas MD Anderson Cancer Center in Houston, Texas.
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Thiarabine Demonstrates a Reduction of Both Inflammatory and Erosive Disease Parameters in Rheumatoid Arthritis

Access to Evaluate Further Development outside Hematological Cancers

DALLAS, TX, July 7, 2009

ACCESS PHARMACEUTICALS, INC. (OTCBB: ACCP) announced today new preclinical data demonstrating that thiarabine shows remarkable efficacy in the prevention and treatment of rheumatoid arthritis (RA). In a well-established animal model for RA, an exceptional restoration of joint structure was observed in the studies, which were conducted at Wayne State University School of Medicine and at Southern Research Institute.

As a therapeutic treatment of established disease, thiarabine demonstrated a highly significant, dose-dependent amelioration of arthritis. Thiarabine treatment resulted in a broad inhibition of disease pathology, with reduction of both inflammatory and erosive disease parameters, as well as protection from loss of cartilage matrix proteins. When used as a preventative treatment, thiarabine blocked the development of joint disease at the 60 mg/kg/day dose level and exhibited a significant reduction in disease incidence and severity at 20 mg/kg/day.

In a therapeutic study comparing thiarabine to methotrexate, a commonly used clinical drug for RA treatment, high resolution 3-D images from an X-ray microtomograph were used along with histological scoring to evaluate joint and bone destruction. Thiarabine demonstrated statistically significant anti-arthritic efficacy comparable to that of methotrexate. “The images from X-ray microtomography present a compelling visual representation of diseased vs. treated limbs” commented David Nowotnik, Senior Vice President Research and Development. “We are delighted with the results of the preclinical study which demonstrate a real benefit to the use of thiarabine in RA.”

“Our current development focus for thiarabine is for the treatment of hematological cancers,” stated Jeffrey B. Davis, President & CEO. “But, we believe these new RA data provide compelling evidence that Thiarabine should be developed for rheumatoid arthritis as well.”

Thiarabine is a next generation nucleoside analogue that Access has licensed from Southern Research. It has been in two Phase 1/2 solid tumor trials and was shown to have significant anti-tumor activity. Access is now working with leukemia and lymphoma specialists to initiate additional Phase 2 clinical trials in acute myeloid leukemia (AML), acute lymphocytic leukemia (ALL) and other indications. “The IND for thiarabine has been transferred to Access and we have a supply of clinical-grade material.” continued Dr. Nowotnik. “We should be able to start the study shortly after FDA clearance of the protocol and drug recertification.”

Access is actively seeking co-development partners for all applications of Thiarabine.

About Access:

Access Pharmaceuticals, Inc. is an emerging biopharmaceutical company that develops and commercializes propriety products for the treatment and supportive care of cancer patients. Access’ products include ProLindac™, currently in Phase 2 clinical testing of patients with ovarian cancer, and MuGard™ for the management of patients with mucositis. The company also has other advanced drug delivery technologies including Cobalamin™-mediated targeted delivery and oral drug delivery, its proprietary nanopolymer delivery technology based on the natural vitamin B12 uptake mechanism; and Angiolix®, a humanized monoclonal antibody which acts as an anti-angiogenesis factor and is targeted to breast cancer. Thiarabine is a new generation nucleoside analog which has demonstrated both pre-clinical and clinical activity in certain cancers. For additional information on Access Pharmaceuticals, please visit our website at www.accesspharma.com.

This press release contains certain statements that are forward-looking within the meaning of Section 27a of the Securities Act of 1933, as amended, and that involve risks and uncertainties. These statements include those relating to: our ability to close the financing transaction, early results from our clinical trial, Access’ plans to continue and initiate clinical trials, the value of its products in the market, its ability to achieve clinical and commercial success and its ability to successfully develop marketed products. These statements are subject to numerous risks, including but not limited Access’ need to obtain additional financing in order to continue the clinical trial and operations and to the risks detailed in Access’ Annual Report on Form 10-K and other reports filed by Access with the Securities and Exchange Commission.

Access Pharmaceuticals Announces Publication of Thiarabine Combination Data

Combined with Clofarabine, Thiarabine achieves High Cure Rate
in a Colorectal Cancer Model

DALLAS, TX, June 4, 2009,

ACCESS PHARMACEUTICALS, INC. (OTCBB: ACCP), announced today that new Thiarabine preclinical efficacy data will shortly be published demonstrating that thiarabine combined with clofarabine provides much greater antitumor activity than achieved by either agent alone. In one colorectal cancer model, 66% of mice were cured of their tumors. The publication which will appear in the journal Cancer Chemotherapy and Pharmacology, was based on work conducted by Access’ collaborators at the Southern Research Institute. The paper is entitled Enhancement of the in vivo antitumor activity of clofarabine by 1-beta-D-[4-thio-arabinofuranosyl]-cytosine (thiarabine). A preprint of the paper is currently available for download from the journal’s website.

“Thiarabine is a next generation nucleoside analogue, licensed by Access from Southern Research Institute ,” stated Jeffrey Davis, President & CEO. “Thiarabine has been in two Phase 1/2 solid tumor trials and was shown to have significant anti-tumor activity. Access is working with leukemia and lymphoma specialists at M.D. Anderson Cancer Center in Houston to initiate additional Phase 2 clinical trials in acute myeloid leukemia (AML) , acute lymphocytic leukemia (ALL) and other indications. Additionally, we are actively seeking co-development partners, and believe that thiarabine could have applications in certain solid tumors as well,” he continued.

In the study, thiarabine, clofarabine, and their combinations were tested in five tumor models. “In all cases, thiarabine demonstrated superior tumor growth inhibition than clofarabine when the agents were used alone” commented David P Nowotnik, Ph.D., Access Pharmaceuticals’ Senior Vice President, Research and Development. “But, in the combination of these two agents, efficacy was dramatically superior to the use of either agent alone. Tumor regression and cures were observed in several models including colorectal cancer and leukemia. The combination of agents proved to be effective even when used at low doses, indicating a potential for effective treatment with a reduced side-effect profile.”

Prior clinical studies have shown that the effectiveness of cytarabine, or Ara-C, (a close structural analog of thiarabine which is widely used in treating leukemia patients) can be improved by combining it with clofarabine in the treatment of leukemia patients. The Southern Research paper showed that thiarabine/clofarabine combinations have significantly superior efficacy to cytarabine/clofarabine combinations in the xenograft models. Thiarabine has previously been shown to have much better solid tumor efficacy than cytarabine in preclinical models.