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Nymox Pharma to start patient recruitment in BPH drug trial

Nymox Pharmaceutical will start patient recruitment in a small open-label short-term safety NX02-0020 trial of benign prostatic hyperplasia (BPH) drug NX-1207.

NX-1207 is a novel patented drug developed by Nymox which is currently in Phase 3 trials

Th company intends to recruit around 100-200 patients who have already participated in previous studies of NX-1207.

In the trial, the company will evaluate the safety of repeat injection of the drug.

Nymox CEO Paul Averback said they are optimistic that the pivotal studies NX02-0017 and NX02-0018 will have full enrollment at a reasonable date.

"The 2 pivotal Phase 3 US studies passed the 500 patient enrollment milestone several months ago,"Averback said.

"We continue to negotiate and have discussions with a number of large marketing partners who have interest in licensing NX-1207 for the US and for Asia."

Nymox and Recordati entered into a development and commercialization licensing agreement of NX-1207 in Europe in December 2010.