BioAlliance Pharma Announces Preliminary Results from the Pivotal US Phase III Trial for Loramyc
Loramyc(TM) achieved its pre-specified two co-primary endpoints both in Intent To Treat (ITT) and Per Protocol (PP) populations. The primary end point was a complete resolution of signs and symptoms (complete clinical cure). In this pivotal phase III trial carried out according to a randomized, double-blind, double-dummy design in 577 HIV - positive patients, 290 patients received Loramyc(TM) applied once a day and 287 patients were administered clotrimazole troches 5 times a day, as defined during the pre-IND meeting with the FDA. As usual in this indication, the pivotal phase III trial was designed to demonstrate the non-inferiority versus a reference drug. All secondary endpoints were also met and the product confirmed its already established good safety profile.
"Based on this study and the results from the European phase III trials, BioAlliance is confident that Loramyc(TM) strongly confirms its properties in terms of efficacy and safety. We are very proud to achieve this important milestone we can fully credit our team for, as well as our external partners," said Dominique Costantini, BioAlliance Pharma's President and CEO. "We also had the strong support of our highly experienced scientific committee and investigators involved in this trial, including the professors L. Patton, M. A. Ghannoum and J. Epstein. We will now be working on our filing application, and depending on favourable review of the full study results and ongoing discussions with the FDA, an NDA could be filed in the 2nd half of 2008," Mrs. Costantini continued.
Loramyc(TM) is designed to enable concentrated and localised once daily dosing of the active ingredient at the site of infection. The product is approved in Europe by Mutual Recognition Procedure and already marketed in France. According to the July 2007 exclusive licensing agreement signed with Par Pharmaceutical, Inc., Strativa Pharmaceuticals, the proprietary products division of Par Pharmaceutical, Inc., will be responsible for marketing Loramyc(TM) in the U.S.
About BioAlliance Pharma
BioAlliance Pharma SA is a specialty pharmaceutical company focused on the treatment of opportunistic infections in cancer and HIV. The company develops and commercializes innovative products which address resistance issues. The company has launched its first portfolio product (Loramyc(R)) in France and already received European Marketing Authorizations in UK, Germany, Belgium, Denmark and Luxemburg. The compound has completed the pivotal Phase III clinical development in oropharyngeal candidiasis in the USA. In addition, two other innovative products are currently in Phase III clinical trials: acyclovir Lauriad(R) in oral herpes (based on the same Lauriad(R) muco-adhesive technology as Loramyc(R), which enables targeted release at the disease site) and doxorubicin Transdrug(R) in primary liver cancer (based on the Transdrug(R) nanoparticle technology, designed specifically for intracellular targeting of resistant cells). The company is also developing a new therapeutic entities program focused on the oncology and infectious disease markets.
In 2007, the company has established strategic alliances for commercializing Loramyc(R) in Europe (with JV SpeBio) and the USA with Par Pharmaceutical. In March 2008, BioAlliance Pharma signed a partnership agreement with Handok Pharmaceuticals for commercializing Loramyc(R) in Korea, Taiwan, Singapore and Malaysia.
For more information, visit BioAlliance Pharma's website at www.bioalliancepharma.com.
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 reference document approved by the AMF on April 11 2008 under the number R. 08-021, which is available on the AMF website (http://www.amf-france.org) or on BioAlliance Pharma S.A.'s website (http://www.bioalliancepharma.com).
BioAlliance Pharma SA
Dominique Costantini, +33 1 45 58 76 01
President and CEO
Nicolas Fellmann, CFO, +33 1 45 58 71 00
Caroline Carmagnol, +33 6 64 18 99 59
Posted: April 2008