07 per share
compared
to losses of $8,042,000 or $0. The decrease in loss of $4,987,000 or 62% is primarily
due to 1) lower
costs associated with non-cash financing charges
decreased approximately $2,762,000 related to the
issuance of
convertible debentures 2) lower non-cash stock compensation expenses
of $1,769,000
and 3) production/cost of goods sold was lower by
$503,000 primarily due to reduced expenditures
in the first quarter of
2005 associated with the ramping up of the New Brunswick facility for
further
production of Alferon N Injection(R). and China (Hong Kong) to test its ability to
reactivate latent
antiviral/immunomodulatory genes. Alferon is approved for a category of STD infection, and
Ampligen
and Oragens represent experimental nucleic acids being
developed for globally important chronic viral
diseases and disorders
of the immune system including HPV, HIV, CFS, Hepatitis and SARS.hemispherx
. Local Program Offers Health Industry a Best-Practice Example for Improving
Care Quality and Affordability
EAGAN, Minn.
"These programs are based on a premise
that is often lost in traditional
approaches to chronic care -- if we provide consumers with the
information
needed to support the care decisions they make with their physicians, patients
with
chronic illnesses can improve their quality of life and ultimately have
greater affordability," said
Allan Korn, M.
Blue Cross and Blue Shield of Minnesota's programs make information
sharing
between consumers and physicians a top priority. BlueWorks programs are evaluated for importance to
the healthcare system, potential applicability in other communities and level
of innovation.com
The information in this press release contains forward-looking
statements within the meaning
of the Private Securities Litigation
Reform Act of 1995.
cfs devastation
"The program works by helping people
live their healthiest, so they avoid
unnecessary trips to the emergency room and hospital, with an
enhanced quality
of life.D.
About Orphan Medical, Inc.mickel ager
Business Editors/Medical Editors
PHILADELPHIA----Hemispherx Biopharma,
Inc. According to a
recent study by the RAND Corporation
conducted on behalf of the Blue Cross and
Blue Shield Association, more than 60 percent of Americans
sought out
healthcare information for themselves or a family member in the past year.encephalomyelitis devastation
This NDA will
include data accumulated from 40,000
administrations of Ampligen to approximately 700 chronic fatigue
patients. Support for
members with depression was just added in February. The
disease is characterized
by widespread muscle pain and stiffness and
affects women three times more often than men. Xyrem
has now been assessed as a treatment for the full range of narcolepsy
symptoms including excessive
daytime sleepiness. Orphan Medical's Internet Web site address is
www. All forward-looking statements
are qualified
by, and should be considered in conjunction with, such cautionary
statements.ager encephalomyelitis
For
instance, the strategies
and operations of Hemispherx involve risk of competition, changing
market
conditions, change in laws and regulations affecting these
industries and numerous other factors
discussed in this release and in
the Company's filings with the Securities and Exchange Commission
. "These
are good examples of how better knowledge leads to better more affordable care
for consumers
and their families.devastation wellman
com/blueworks .Orphan Medical Issues Xyrem Prescriptions Update
This represents
an 8 percent
sequential increase from the six-week period ended December 31, 2004,
and a 104 percent
increase over the 2,349 prescriptions filled during
the six-week prior-year period ended February
15, 2004.
Narcolepsy afflicts 100,000 to 140,000 Americans of which an estimated
50,000 receive
some form of treatment for their symptoms.
About Fibromyalgia
Fibromyalgia is a chronic
condition that is estimated to affect as
many as four million individuals in the United States and
represents a
market opportunity in excess of $1 billion dollars per year.
Orphan Medical acquires
, develops and markets pharmaceuticals of
high medical value for inadequately treated and uncommon
central
nervous system (CNS) diseases treated by specialist physicians.ager foothold
S. Offered in partnership
with disease management leader
American Healthways, Blue Cross and Blue Shield of Minnesota's program
is the
nation's most extensive, now supporting nearly 200,000 members with any one of
42 conditions
including asthma, diabetes, heart disease, low back pain,
fibromyalgia, nine forms of cancer, and
several dozen others. Bill Gold, chief medical officer and vice president, health
management at Blue
Cross and Blue Shield of Minnesota, citing first-year and
18-month clinical and financial results
."
Programs developed by Blue Cross and Blue Shield companies and recognized
by Harvard Medical
School's Department of Healthcare Policy are part of
BCBSA's BlueWorks program. The
sNDA is expected
to expand the Xyrem label to encompass the other
primary symptoms of narcolepsy, specifically the
reduction of EDS and
the improvement in fragmented nighttime sleep, in addition to the
established
efficacy of Xyrem in treating cataplexy. (These
documents can be accessed through the Orphan Medical
Web site at
http://www.dysautonomia encephalomyelitis
Hemispherx Biopharma First Quarter 2005 Earnings Announced; Net Loss Decreases
by 62% in Current Quarter
Hemispherx has in excess of 150 patents comprising its
core intellectual
property estate, a fully commercialized product
(Alferon N) and GMP certified manufacturing facilities
for its novel
pharma product.bluecrossmn. In some cases, you can identify forward-looking
statements
by terminology such as "expects," "anticipates," "intends,"
"may," "should," "plans," "believes,
" "seeks," "estimates," "could,"
"would" or the negative of such terms or other comparable terminology
.doona fibromyalgia
(AMEX: HEB) announced a loss (including non-cash losses) for the
three months ended March 31, 2005
of $3,055,000 or $0. And by helping people live healthier, the program saves more than $2
in preventable
claims costs overall for every dollar invested in the program,"
said Dr. Orphan
Medical submitted
a Supplemental New Drug Application (sNDA) for Xyrem
to the Food and Drug Administration (FDA) on
January 18, 2005.cfs fms
Hemispherx's flagship products include
Alferon and the experimental immunotherapeutics
/antivirals Ampligen
and Oragens. While the programs take distinctly different approaches,
all
are focused on reaching the same goal -- innovative, consumer-focused
solutions that help support
quality care decisions between patients and their
doctors.chronic foothold
About Hemispherx
Hemispherx
Biopharma, based in Philadelphia, is a
biopharmaceutical company engaged in the manufacture and clinical
development of new drug entities for treatment of viral and
immune-based chronic disorders. Any
specifically referenced investigational drugs and associated
technologies of the company (including
Ampligen(R) and Oragens(TM))
are experimental in nature and as such are not designated safe and
effective
by a regulatory authority for general use and are legally
available only through clinical trials
with the referenced disorders."
Nationally, the treatment of chronic disease in the U. All patients
with narcolepsy suffer from EDS and an
estimated 60 to 90 percent suffer from cataplexy.severely sufferer
The Company
also reports that the consolidation of the quality
assurance laboratory in Rockville, Maryland into
the New Brunswick,
New Jersey facility has been completed and the Company is in the
process of
establishing manufacturing operations for Ampligen(R) raw
materials in New Jersey.
Blue Cross
and Blue Shield of Minnesota and two other Blue plans received
the recognition as part of the Blue
Cross and Blue Shield Association's
BlueWorks program.chronic fms
Patients also continue to be actively recruited
for the Phase IIb
study for the experimental treatment of HIV patients to overcome
multi-drug
resistance, virus mutation and toxicity associated with
current antiviral ("HAART") therapies. The
conditions covered by
Blue Cross and Blue Shield of Minnesota afflict nearly 20 percent of the
population
, and those persons account for roughly 80 percent of health care
claims dollars.
Business
Editors/Health/Medical Writers
MINNEAPOLIS----Orphan Medical, Inc.myalgic longtime
The Company disclaims, however
, any intent
or obligation to update these forward-looking statements.
To improve quality care
for those with chronic conditions, Blue Cross and
Blue Shield of Minnesota developed the BluePrint
for Health(R) care support
program in 2001.wellman fms
Hemispherx's platform technology includes large and
small agent
components for potential treatment of various chronic viral
infections. Clinical
trials
for other potential indications of the approved biologic
Alferon(R) do not imply that the product
will ever be specifically
approved commercially for these other treatment indications., senior vice
president and chief
medical officer for the Blue Cross and Blue Shield Association (BCBSA).
RAND
found that searchers with serious chronic conditions twice as likely to
search for information as
searchers with minor chronic of acute illnesses., Harvard Medical
School's Department of Healthcare
Policy Chair. Blue Cross and Blue Shield of Minnesota is an independent licensee
of the Blue Cross
and Blue Shield Association, headquartered in Chicago.cfs heck
Sixty-five percent of those who searched for
information discussed the
information with their physicians.BCBS.
Other symptoms include
persistent fatigue, headaches, cognitive or memory impairment, morning
stiffness and non-restorative
sleep.suffers myalgic
A not-for-profit, taxable organization, Blue Cross is the largest
health plan
based in Minnesota, covering 2. Cataplexy, a sudden loss of muscle
tone, is usually triggered by
strong emotions such as laughter, anger
or surprise.hummingbirds doona
Harvard Researchers Recognize Blue Cross for
Helping Chronically Ill Doctors Make Better Care Decisions
, Blue Cross and Blue Shield of
Minnesota
was recently recognized by Harvard Medical School's Department of
Healthcare Policy for its nation
-leading program to improve the quality of
care delivered to chronic illness patients.6 million members
in Minnesota and
nationally through its health plans or plans administered by its affiliated
companies
.
(Nasdaq:ORPH) announced that the total number of Xyrem(R) (sodium
oxybate) oral solution prescriptions
filled in the six-week period
ended February 15, 2005, was 4,790.
Such forward-looking statements
are based upon current expectations
and beliefs and involve numerous risks and uncertainties, both
known
and unknown, that could cause actual events or results to differ
materially from these forward
-looking statements.com).longtime sufferer
net
Information contained in this news release other than historical
information, should be considered forward-looking and is subject to
various risk factors and uncertainties
. Programs such as these are truly
role models for the industry. For more information on BlueWorks
, visit
http://www.
The Blue Cross and Blue Shield Association is made up of 40 independent
,
locally owned and operated Blue Cross and Blue Shield companies that
collectively provide healthcare
coverage for more than 92 million people, or
one-third of all Americans.orphan.orphan.hummingbirds chronically
A treatment
protocol continues to enroll patients with
chronic fatigue syndrome (CFS). According to the
Centers
for Disease Control and Prevention (CDC), the number of Americans with
chronic illnesses will increase
from 90 million to 157 million people by 2020. Visit
us online at http://www.
About Narcolepsy
Narcolepsy is a chronic, debilitating neurological disease whose
primary symptoms are excessive
daytime sleepiness (EDS), fragmented
nighttime sleep and cataplexy. A number of factors
could
cause actual results to differ materially from the Company's
assumptions and expectations.chronic ager
For more
information please visit www.fibro fatigue
The forward-looking statements represent the Company's judgment as
of
the date of this release. "But the added benefit is
better quality care is more affordable
care.
Blue Cross and Blue Shield of Minnesota, with headquarters in the St. Paul
suburb of
Eagan, was chartered in 1933 as Minnesota's first health plan and
continues to carry out its charter
mission today: to promote a wider, more
economical and timely availability of health services for
the people of
Minnesota.com .devastation wellman
D. Patients often
selectively isolate themselves from social interaction
with others
resulting in a worsening effect on a patient's quality of life.
chronic devastation
20 per share
for the same
period in 2004.bcbs. For more information on the Blue Cross and Blue
Shield Association
and it Plans, please visit http://www. The Company's trial evaluating
Xyrem as a treatment for symptoms
of fibromyalgia syndrome is fully
enrolled with data expected to be available in mid-2005. The Company
is also
conducting a trial to evaluate Xyrem as a treatment for symptoms of
fibromyalgia syndrome
.dysautonomia devastation
In the first quarter 2005, the Company increased clinical staff by
employing additional medical
doctors and other highly trained
individuals to focus on the preparation of the Ampligen New Drug
Application (NDA) for submission to the Food and Drug Administration
(FDA).
New experimental
programs with Alferon LDO are also being launched
in both the U.S. is one of the
country's most
compelling and difficult health challenges.
"It is clear that knowledge-based programs that ensure
patients and
physicians have the information they need are highly successful in improving
care
quality for the patient, said Barbara McNeil, M.com . These are set forth in the cautionary
statements
included in Orphan Medical's most recent Form 10-Q or Form
10-K filed with the Securities and Exchange
Commission.fibro cfids
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