BioAlliance Pharma Pursues the Development Plan of Its Loramyc® in Japan Through Its Partner Sosei
March 12 2013 - 12:02PM
Business Wire
Regulatory News:
BioAlliance Pharma SA (Paris:BIO) (Euronext Paris - BIO), an
innovative Company dedicated to the development of orphan oncology
products and to supportive care products, announces the initiation
of Loramyc®/Oravig® Phase III clinical trial for the treatment of
oropharyngeal candidiasis by its Japanese partner Sosei. This is
the final step before registration of the drug by Japanese
authorities.
In May 2011, BioAlliance Pharma signed a licensing agreement
with Sosei Co. Ltd. (a wholly owned subsidiary of Sosei Group
Corporation – TSE Mothers Index: 4565) for the conduct of
development program and commercialization rights in Japan for
Loramyc®/Oravig® (miconazole Lauriad®) muco-adhesive buccal
tablet.
As traditionally required by Japanese authorities, a
complementary development plan driven by Sosei has been initiated
to complete the registration dossier and meet Japanese regulatory
requirements. Following the successful phase I clinical trial
finalized in July 2012, Sosei is now starting the final step of
development with the phase III open-label, randomised trial versus
miconazole gel. This study is anticipated to last 12 to 18
months.
“Loramyc®/Oravig® represents a true innovation in the treatment
of oropharyngeal candidiasis as compared with available treatments
and is expected to improve patients’ compliance and quality of
life”, comments Shinichi Tamura, CEO of Sosei Group Corporation.
“The initiation of this phase III trial is a key step for us, not
only in the development plan of the product in Japan but also in
our discussions with potential partners for commercialization once
the product is approved”.
“We are very pleased with this new step taken by our partner
Sosei in Japan, which should lead them to the final stage of
registration in the coming months. From there, commercialization of
Loramyc® should then start in one of the major Asian markets that
is Japan”, adds Judith Greciet, CEO of BioAlliance Pharma.
About BioAlliance PharmaDedicated to cancer and
supportive care treatment with a focus on resistance targeting and
orphan products, BioAlliance conceives and develops innovative
products, for specialty markets especially in the hospital setting
and for orphan or rare diseases.Created in 1997 and introduced to
the Euronext Paris market in 2005, BioAlliance Pharma’s ambition is
to become a leading player in these fields by coupling innovation
to patient needs. The company’s teams have the key competencies
required to identify, develop and register drugs in Europe and the
USA.
BioAlliance Pharma has developed an advanced product
portfolio:
Specialty productsLoramyc®/Oravig® (oropharyngeal
candidiasis in immunocompromised patients): Registered in 26
countries (EU, US, Korea)Sitavir®/Sitavig® (Acyclovir Lauriad®)
(labialis herpes): Registered in 8 European countries, registration
status in the USFentanyl Lauriad® (chronic cancer pain): Positive
preliminary Phase I results
Orphan Oncology productsLivatag® (Doxorubicin Transdrug™)
(primary liver cancer): Phase III on goingValidive® (Clonidine
Lauriad®) (mucositis): Phase II on goingAMEP® (invasive melanoma):
Phase I on goingFor more information, visit the BioAlliance Pharma
web site at www.bioalliancepharma.com
Disclaimer
This communication expressly or implicitly contains certain
forward-looking statements concerning BioAlliance Pharma SA and its
business. Such statements involve certain known and unknown risks,
uncertainties and other factors, which could cause the actual
results, financial condition, performance or achievements of
BioAlliance Pharma SA to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. BioAlliance Pharma SA is providing this
communication as of this date and does not undertake to update any
forward-looking statements contained herein as a result of new
information, future events or otherwise.
For a discussion of risks and uncertainties which could cause
actual results, financial condition, performance or achievements of
BioAlliance Pharma SA to differ from those contained in the
forward-looking statements, please refer to the Risk Factors
("Facteurs de Risque") section of the 2011 Reference Document filed
with the AMF on April 24, 2012, which is available on the AMF
website (http://www.amf-france.org) or on BioAlliance Pharma SA's
website (http://www.bioalliancepharma.com).
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