Serono's Gonal-f(R) Approved in Japan for the Treatment of Male Hypogonadotropic Hypogonadism
24 January 2006 - 5:01PM
PR Newswire (US)
GENEVA, Switzerland, January 24 /PRNewswire-FirstCall/ -- Serono
(virt-x: SEO and NYSE: SRA) announced today that the Japanese
Ministry of Health, Labour and Welfare (MHLW) has approved
Gonal-f(R) 75 IU and Gonal-f(R) 150 IU (follitropin alfa
recombinant) subcutaneous injection for co-administration with
Profasi(R) 5000 IU (chorionic gonadotropin) for the induction of
spermatogenesis in men with hypogonadotropic hypogonadism. "The
registration of GONALEF(R) in Japan is a key milestone in the
fulfillment of our vision of providing a biotech version of FSH on
a world-wide basis. We will continue to work with the Japanese
authorities to register GONALEF(R) in female infertility",
commented Jacques Theurillat, Serono's Deputy Chief Executive
Officer and President European & International Sales &
Marketing. "Serono is the only company to offer a comprehensive
portfolio of state-of-the art fertility medications for every stage
of the process for both men and women." Gonal-f(R) will be marketed
in Japan under the brand name of GONALEF(R) and has been accorded
orphan status by the MHLW. It is anticipated that the therapy will
be launched in the second quarter of 2006. Male hypogonadotrophic
hypogonadism is a significant disease of gonadal function, which
reduces the production of testosterone and induces spermatogenesis
disorder in the testis. In Japan, there are currently no other
appropriate medicines to induce spermatogenesis in adult males. The
efficacy of GONALEF(R) with Profasi(R) 5000 IU injections was
established based on the results of a Japanese pivotal clinical
study in which significant improvement of spermatogenesis was
observed in patients treated with the combination therapy. In
addition, results of overseas clinical studies were also assessed
and submitted to the Japanese authorities. About Gonal-f(R)
Gonal-f(R) is a highly consistent recombinant human
follicle-stimulating hormone (r-hFSH) Filled by Mass (FbM),
prescribed to supplement or replace naturally occurring FSH, an
essential hormone to treat infertility. For males, Gonal-f(R) has
been approved in 56 countries worldwide for gonadal dysfunction
associated with absence of sperm in the semen or male
hypogonadotropic hypogonadism. In all markets where Gonal-f(R) is
approved for this indication, the therapy needs to be in
combination with hCG, in this case Profasi(R). Gonal-f(R) has been
approved in 94 countries worldwide including Europe and the US with
indications of stimulation of the growth of ovarian follicles and
ovulation in women. It is the most widely prescribed gonadotropin
in the world. Some of the statements in this press release are
forward looking. Such statements are inherently subject to known
and unknown risks, uncertainties and other factors that may cause
actual results, performance or achievements of Serono S.A. and
affiliates to be materially different from those expected or
anticipated in the forward-looking statements. Forward-looking
statements are based on Serono's current expectations and
assumptions, which may be affected by a number of factors,
including those discussed in this press release and more fully
described in Serono's Annual Report on Form 20-F filed with the
U.S. Securities and Exchange Commission on March 16, 2005. These
factors include any failure or delay in Serono's ability to develop
new products, any failure to receive anticipated regulatory
approvals, any problems in commercializing current products as a
result of competition or other factors, our ability to obtain
reimbursement coverage for our products, and government regulations
limiting our ability to sell our products. Serono has no
responsibility to update the forward-looking statements contained
in this press release to reflect events or circumstances occurring
after the date of this press release. About Serono Serono is a
global biotechnology leader. The Company has eight biotechnology
products, Rebif(R), Gonal-f(R), Luveris(R), Ovidrel(R
)/Ovitrelle(R), Serostim(R), Saizen(R), Zorbtive(TM) and
Raptiva(R). In addition to being the world leader in reproductive
health, Serono has strong market positions in neurology, metabolism
and growth and has recently entered the psoriasis area. The
Company's research programs are focused on growing these businesses
and on establishing new therapeutic areas, including oncology.
Currently, there are approximately 30 ongoing development projects.
In 2004, Serono achieved worldwide revenues of US$2,458.1 million,
and a net income of US$494.2 million, making it the third largest
biotech company in the world. Its products are sold in over 90
countries. Bearer shares of Serono S.A., the holding company, are
traded on the virt-x (SEO) and its American Depositary Shares are
traded on the New York Stock Exchange (SRA). DATASOURCE: Serono
International S.A. CONTACT: For more information, please contact:
Corporate Media Relations: Tel: +41-22-739-36-00, Fax:
+41-22-739-30-85, http://www.serono.com/. Media Relations, USA:
Tel: +1-781-681-2340, Fax: +1-781-681-2935,
http://www.seronousa.com/. Corporate Investor Relations: Tel:
+41-22-739-36-01, Fax: +41-22-739-30-22, Reuters: SEO.VX / SRA.N,
Bloomberg: SEO VX / SRA US. Investor Relations, USA: Tel:
+1-781-681-2552, Fax: +1-781-681-2912
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