A new experimental drug could change the lives of kids and teens with severe peanut allergies. A California company is testing to see if a new drug could allow kids with allergies to eat small amounts of peanuts without suffering a serious reaction. Researchers say it doesn't cure the allergy, but increases a patient's tolerance. The drug has some side effects, and has not been been approved for use. One in 50 American children is allergic to peanuts. This discovery could lead to a new oral medication that could be in high demand. Currently peanut allergy sufferers carry emergency epinephrine shots, which can be costly, in case of an accidental exposure. Experimental peanut-allergy drug could protect kids and help save lives