Statement re YM BioSciences receives FDA fast track
14 February 2006 - 1:20AM
UK Regulatory
YM BioSciences receives FDA fast track designation for tesmilifene in
advanced breast cancer
MISSISSAUGA, Canada, Feb. 13 /CNW/ - YM BioSciences Inc. (AMEX:YMI,
TSX:YM, AIM:YMBA), the cancer product development company, today announced
that the U.S. Food and Drug Administration (FDA) has designated as a fast
track product the Company's lead drug, tesmilifene, for use in combination
with an anthracycline chemotherapeutic for the treatment of women with
advanced breast cancer. While the Company is seeking clarification from the
FDA on certain aspects of the letter, the letter confirms that YM BioSciences'
lead drug, tesmilifene, meets the criteria for fast track designation for
treatment of metastatic/recurrent breast cancer.
The Fast Track program facilitates the development and expedites the
review of new therapeutics that are intended to treat serious or life
threatening diseases and demonstrate the potential to address unmet medical
needs. The FDA will also provide input into product development plans and may
accept portions of the marketing application prior to the completion of the
final registration package. Most drugs that are designated for the Fast Track
Program are given priority review once a New Drug Application (NDA) is filed.
About tesmilifene (DPPE)
Tesmilifene is a small molecule chemopotentiator currently undergoing a
700-patient pivotal Phase III trial in metastatic and recurrent breast cancer
that has completed enrolment. The trial compares tesmilifene combined with
epirubicin/cyclophosphamide against epirubicin/cyclophosphamide alone in women
with rapidly progressing metastatic and recurrent breast cancer.
YM is also initiating a Phase II trial in collaboration with Sanofi-
Aventis combining tesmilifene with Taxotere for the treatment of metastatic
and recurrent breast cancer. Separately, YM has licensed tesmilifene to the
Shin Poong Pharmaceutical Company of Seoul, South Korea, under which Shin
Poong plans to expand the development program into gastric cancer.
About YM BioSciences
YM BioSciences Inc. is a cancer product development company. In addition
to tesmilifene, YM is developing nimotuzumab, an anti-EGFr humanized
monoclonal antibody, in a number of indications. A Phase II monotherapy trial
of nimotuzumab produced cytotoxic efficacy and evidence of survival benefit in
children with recurrent brain cancer. In May 2005, the Company acquired DELEX
Therapeutics Inc., a private clinical stage biotechnology company developing
AeroLEF(TM), a unique inhalation delivered formulation of the established
drug, fentanyl, to treat acute pain including cancer pain. A randomized Phase
IIb pain trial with AeroLEF(TM) has been initiated. YM BioSciences is also
developing its anti-GnRH, anti-cancer vaccine, Norelin(TM), for which Phase II
data have been released. The Company also has a portfolio of preclinical
compounds shown to act as chemopotentiators while protecting normal cells.
Except for historical information, this press release may contain forward-
looking statements, which reflect the Company's current expectation regarding
future events. These forward-looking statements involve risk and
uncertainties, which may cause but are not limited to, changing market
conditions, the successful and timely completion of clinical studies, the
establishment of corporate alliances, the impact of competitive products and
pricing, new product development, uncertainties related to the regulatory
approval process and other risks detailed from time to time in the Company's
ongoing quarterly and annual reporting.
For further information: Enquiries: Thomas Fechtner, The Trout Group
LLC, Tel. (212) 477-9007 x31, Fax (212) 460-9028, Email:
tfechtner(at)troutgroup.com; Carolyn McEwen, YM BioSciences Inc., Tel.
(905) 629-9761, Fax (905) 629-4959, Email: ir(at)ymbiosciences.com; James
Smith, the Equicom Group Inc., Tel. (416) 815-0700 x 229, Fax (416) 815-0080,
Email: jsmith(at)equicomgroup.com
(YMBA YM. YMI)
END
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