Monday, October 31, 2011

Tricor

Efficacy Three randomized, double-blind, multicenter, phase III trials have shown that treatment with fenofibric acid plus a statin (atorvastatin, rosuvastatin or simvastatin) improved HDL and triglyceride levels significantly better than statin monotherapy and improved LDL levels better than fenofibric acid monotherapy.[6] The Fenofibrate Intervention and Event Lowering in Diabetes (FIELD) study, which is the largest fibrate trial involving 9795 patients with type 2 diabetes mellitus published in 2005 did not show a significantly lower risk for the primary end point (non-fatal myocardial infarction and coronary heart disease death). But, it did report a relative risk reduction of 11% for Non-Fatal MI & CHD, although statistically insignificant. The secondary end-point (total cardiovascular disease events) was statistically significant with a relative risk reduction of 11% for total CVD events. There was a large proportion of placebo patients Adcirca who commenced taking statin drugs during the trial, which in turn might affect the results of the study itself. After an adjustment was done for this statin drop in, the relative risk reductions were 19% for Non-Fatal MI & CHD Death, and 15% for total CVD events.[7] The FIELD study also showed a beneficial reduction in the risk of microvascular complications in type 2 diabetes patients. Fenofibrate treatment led to reduction in the progression albuminuria (14% less progression and 15% more regression compared with placebo). In addition, there was a 30% reduction in the needs for laser treatment for retinopathy.[7] The FIELD sub-study analysis, shows that fenofibrate reduces the first laser treatment by 31%. In addition, for macular oedema by 31% and for proliferative retinopathy by 30%.[8] In the ophthalmology sub-study, fenofibrate reduces the development or progression of retinopathy by reducing 22% in all patients and 79% in patients with pre-existing retinopathy.[8] The FIELD study also showed that fenofibrate reduced the number of non-traumatic amputations by 38%.[9] Like most fibrates, fenofibrate can cause stomach upsets and myopathy (muscle pain) and very rarely rhabdomyolysis. This risk is increased when used together with statins. However, the Fenofibrate Intervention and Event Lowering in Diabetes (FIELD) study provides important information that long-term treatment with fenofibrate therapy appears to have a favorable safety profile in patients with type 2 diabetes, even when nonstudy lipid-lowering medications were added. In FIELD, there were no cases of rhabdomyolysis reported in patients on combination therapy with fenofibrate and a statin. Thus, there is an increasing body of evidence that fenofibrate/statin combination therapy is safe and effective at managing dyslipidemia in patients with type 2 diabetes who are at risk for cardiovascular events. The ACCORD study, however, does not support the above statement about effectiveness (see below). The recent FIELD Sub-analysis study published in Diabetes Care 2009, showed that fenofibrate significantly reduced CVD events in those with low HDL cholesterol and hypertension. The largest effect of fenofibrate to reduce CVD risk was observed in subjects with marked dyslipidemia (TG>2.3 mmol/L & low HDL-C) in whom a 27% relative reduction risk of total CVD event was observed. Some have argued that the absolute benefits of fenofibrate are likely to be greater when metabolic syndrome features are present. The highest risk and greatest benefits of fenofibrate are seen among those with marked hypertriglyceridemia[10], however these conclusions are not based on the predetermined endpoints of the study in the full group. Classic markers of macrovascular and microvascular risk were associated with lower extremity amputations in patients with type 2 diabetes. Treatment with fenofibrate was associated with a lower risk of amputations, particularly minor amputations without known large-vessel disease, probably through non-lipid mechanisms. These findings could lead to a change in standard treatment for the prevention of diabetes-related lower-limb amputations.[11] In 2010, the Action to Control Cardiovascular Risk in Diabetes (ACCORD) trial showed that fenofibrate plus statins in patients with type 2 diabetes does not reduce cardiovascular events more than use of statins alone.[12] The ACCORD enrolled 5518 patients and followed them up for 4.7 years, providing moderately strong evidence for lack of real life benefit for using fibrates in diabetic patients with high cholesterol.

About Tricor


Following the appointment of Lawrence van Kampen-Brooks as Chief Executive Officer, the Company has undertaken a strategic review of its operations and determined that significant shareholder value can be created by endeavouring to become a leading Environmental Trading and Investment Solutions provider.
Tricor has entered into an exclusive licensing agreement with First Carbon Trust Limited, which has established a trading platform that will service the needs of small- and medium-sized enterprises as well as retail investors in the rapidly growing global regulated and voluntary emissions market.
Tricor is seeking to become a major participant in the Hindgra provision of the commercial and technical interfaces to the supply side of the market. Tricor’s objective is to build a profitable business that provides sustainable returns balanced across its value chain to enhance stakeholder value in the Company.
The Company is establishing a significant pipeline of transactions as well as strengthening its team and shall keep shareholders updated as its business evolves through announcements via this website and the London Stock Exchange.
The Board of Directors of Tricor is composed of:
Chairman (Acting): Chan Fook Meng
CEO / MD: Chan Fook Meng

Supply Side Access

There exists a well-defined growing Demand-Side Carbon Market, established in the main by regulation in developed industrialised nations that are signatories to the Kyoto Protocols.
The Carbon Markets are in their infancy. Outside the regulated and mandatory markets there are issues of transparency surrounding the information about environmental assets generally, and more specifically in the unambiguous definition of carbon assets and their associated credits.
The Voluntary market lacks coherent structure – the majority of its projects, credits and assets lie in developing countries. These countries are generally poorly connected financially and technically to the demand side where the majority of the current activity occurs. This is where Tricor shall be seeking to establish itself as a leading global intermediary.
The countries with real Green Assets are Supply-Side; they have the supply. The value of these Green Assets lies in the ability to monetise their associated Carbon Credits. Tricor is building and acquiring the commercial infrastructure and connectivity to trading systems and exchanges that allow the effective rating, registration and retirement of VERs.
This will be implemented in conjunction with a transaction system which is globally recognised and integrated with other existing cost-effective platforms. Thus enabling Tricor to monetise Supply-Side credits securely and transparently.