VASOGEN INC
6-K, EX-99, 2000-11-21
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
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Vasogen Inc.                                                    INVESTOR CONTACT

2155 Dunwin Drive                                                  Glenn Neumann
Mississauga, ON, Canada L5L 4M1                               Investor Relations
tel: (905) 569-2265   fax: (905) 569-9231                         (905) 569-9065
www.vasogen.com                                             [email protected]

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FOR IMMEDIATE RELEASE

           Vasogen Results Accepted for Publication in Transplantation

Toronto,  Ontario (November 21, 2000) -- Vasogen Inc. (TSE:VAS;  AMEX:MEW) today
announced  that  the  medical   journal,   Transplantation,   has  accepted  for
publication  results of pre-clinical  research  demonstrating the ability of its
proprietary  VAS981  cell-processing  technology  to  prevent  graft-versus-host
disease (GvHD).  These results formed the basis for the Company's clinical study
in leukemia  patients at the  Princess  Margaret  Hospital,  Toronto,  under the
direction of Dr. Hans Messner, Director, Bone Marrow Transplant Program. GvHD is
the major limiting factor in providing  life-saving bone marrow  transplantation
to thousands of patients suffering from leukemias and lymphomas.

Transplantation  is the official  peer-reviewed  journal of the  Transplantation
Society,  which was founded in 1966 to provide a common forum for physicians and
basic  scientists  involved in  transplantation.  The results to be published in
December include data from  pre-clinical  research  conducted at the Division of
Cancer  Biology  Research,  Sunnybrook  Health  Sciences  Centre,  University of
Toronto,  under the  direction  of Dr. David  Spaner.  The study was designed to
investigate  the ability of VAS981,  compared  with  standard  immunosuppression
therapy,  an  anti-TNF  agent or  untreated  controls,  to  prevent  GvHD in two
pre-clinical  animal models in which T cells (the cells required to reconstitute
the patient's bone marrow) were transplanted from a genetically unrelated donor.

In the first  pre-clinical  model of GvHD,  transplantation of untreated T cells
resulted in GvHD and death of 60% of the animals,  whereas there was no evidence
of GvHD in animals  receiving  VAS981-treated  T cells. The protection by VAS981
was associated with a normalization of the imbalance between CD8 and CD4 T cells
seen in GvHD. In a second pre-clinical model of severe GvHD,  transplantation of
untreated T cells resulted in fatal GvHD in all animals within two weeks. Groups
of animals that received either cyclosporine,  an immunosuppressant  drug widely
used to treat GvHD, or an anti-TNF  agent,  both  developed GvHD and all animals
died within  three weeks  following  transplantation.  However,  in the group of
animals  in  which  the  donor  T  cells  were  treated  with  VAS981  prior  to
transplantation,  50% of the animals  survived for the duration of the study (20
weeks).   These  results  suggest  that  the  clinical  utility  of  the  VAS981
cell-processing  technology may even extend to transplant situations where there
are no  appropriately  matched  bone  marrow  donors and the risk of the patient
developing  life-threatening  GvHD is extremely high - thus offering a potential
therapeutic option for patients for whom none currently exists.

In  addition  to  these  pre-clinical  studies  that  are  the  subject  of  the
publication, separate laboratory research investigated the effects of the VAS981
cell-processing technology on human T cells that are administered in bone marrow
grafts and are the cause of GvHD. The results showed that  VAS981-treated  cells
produced much lower levels of the  inflammatory  cytokines  that are  associated
with

                                     -more-
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                                                    ...page 2, November 21, 2000

GvHD.  The in vitro  changes seen in these  laboratory  studies on human T cells
closely mirrored those seen in vivo in the pre-clinical studies, where they were
associated with a dramatic reduction in GvHD.

Graft-versus-host  disease  develops as part of an immune  response  that occurs
when T cells, given with the donated bone marrow (graft),  identify cells in the
recipient's  body  (host)  as  foreign  and  reject  them,   leading  to  severe
complications,   which  may  be  fatal.  Thousands  of  bone  marrow  transplant
procedures  are  performed  annually.  Nearly  half of the cancer  patients  who
receive  bone  marrow  transplants  develop  graft-versus-host   disease.  Costs
associated  with  treating  complications  of this  disease are  estimated  $400
million annually.

Vasogen is focused on  developing  immune  modulation  therapies  to advance the
treatment of cardiovascular, autoimmune and related inflammatory diseases. These
therapies are designed to target fundamental  disease-causing events,  providing
safe, effective treatment.

Statements  contained  in this press  release,  including  those  pertaining  to
scientific and clinical research,  commercialization plans, strategic alliances,
and intellectual property protection,  other than statements of historical fact,
are  forward-looking  statements subject to a number of uncertainties that could
cause actual results to differ materially from statements made.



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