BRIEF-Allakos Says AK006 Well-Tolerated In Ongoing Phase 1 Trial

Reuters06-26

June 25 (Reuters) - Allakos Inc :

* ALLAKOS ANNOUNCES POSITIVE RESULTS FROM ITS ONGOING PHASE 1 TRIAL OF AK006 IN HEALTHY VOLUNTEERS, WITH AK006 DEMONSTRATING HIGH RECEPTOR OCCUPANCY ON MAST CELLS AND A FAVORABLE SAFETY PROFILE

* ALLAKOS INC: AK006 WAS WELL-TOLERATED WITH A FAVORABLE SAFETY PROFILE

* ALLAKOS INC - AK006 WAS WELL-TOLERATED WITH A FAVORABLE SAFETY PROFILE -

* ALLAKOS INC - AK006 WAS WELL-TOLERATED WITH A FAVORABLE SAFETY PROFILE

* ALLAKOS INC - AK006 ACHIEVED SERUM CONCENTRATIONS CONSISTENT WITH LEVELS DEMONSTRATING INHIBITORY ACTIVITY IN PRECLINICAL EXPERIMENTS

* ALLAKOS INC - AK006 SHOWED DOSE LINEAR EXPOSURE AND WITH AN ESTIMATED HALF-LIFE OF 21 DAYS FOR 720 MG IV DOSE

* ALLAKOS- IN PHASE 1 STUDY RESULTS AK006 ACHIEVED SERUM CONCENTRATIONS CONSISTENT WITH THOSE SHOWING MAST CELL INHIBITION IN PRECLINICAL EXPERIMENTS

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