Medigene's drug Veregen® launched in Norway and Sweden
18 12월 2013 - 3:30PM
Medigene AG / Medigene's drug Veregen® launched in Norway and
Sweden . Processed and transmitted by NASDAQ OMX Corporate
Solutions. The issuer is solely responsible for the content of this
announcement.
Market approval in Greece
obtained
Martinsried/Munich, 18 December 2013. Medigene AG
(MDG1, Frankfurt, Prime Standard) announces that the company's
marketing partner Azanta A/S will start the launch of the drug
Veregen® for the
treatment of genital warts in Norway this week. Market launch in
Sweden is scheduled early in 2014. Pursuant to the license
agreement, Medigene receives proceeds from the manufacture and
supply of the ointment, as well as a double-digit percentage of the
Veregen® sales revenue
as royalties.
Medigene further announces that
Veregen® has obtained
market approval in Greece. All 17 European countries participating
in the current mutual recognition procedure have granted market
approvals for Veregen®. Submission
of marketing authorization applications in nine additional European
countries within the mutual recognition procedure is planned for
2014.
Veregen® is already
available in the USA, Germany, Austria, Switzerland, Spain, Serbia,
the Netherlands, and Taiwan. Market approvals for
Veregen® have been
granted in a number of other countries. Further market launches and
approvals of Veregen® are expected
in 2014. Several marketing agreements have been concluded in
Europe, Asia, and America. Medigene is planning to continue this
global licensing strategy to further tap the product's market
potential.
About Veregen®:
Veregen®, a topical
treatment for external genital or perianal warts, contains a
concentrate of catechins with a complex defined composition
extracted from green tea leaves. In its current treatment
guidelines for sexually transmitted diseases, the US Center for
Disease Control and Prevention recommends Sinecatechins 15%
ointment (Veregen®) as a
possible option for treating genital warts. In addition,
Sinecatechins 10% & 15% ointment (Veregen®) has
been included in the current European guideline on the treatment of
genital warts, the 2012 European Guideline for the Management of
Anogenital Warts.
About
Azanta: Azanta A/S is a privately owned specialty pharma
company primarily operating within oncology, women's and men's
health, and addiction medicine. The vision of Azanta A/S is to
become an international market leader for specialty pharma products
and innovative pharmaceutical products. Azanta A/S currently
markets nine specialty pharma products, including Nimoral, a
hypoxic radiosensitizer for the treatment of head and neck cancer
patients undergoing primary radiotherapy. In addition, Azanta A/S
has a portfolio of low-risk development projects for
commercialization in the near term. For further information, please
visit www.azanta.com.
Medigene
AG is a publicly listed (Frankfurt: MDG1, prime standard)
biotechnology company headquartered in Martinsried near Munich,
Germany. Medigene focuses on clinical research and development of
novel drugs against cancer and autoimmune diseases. Medigene is the
first German biotech company to have revenues from a marketed
product, Veregen®, which is
distributed by partner companies. It has two drug candidates in
clinical trials, EndoTAG®-1 and
RhuDex®; and is
developing an innovative vaccine technology. Further information at
www.medigene.com.
This press
release contains forward-looking statements representing the
opinion of Medigene as of the date of this release. The actual
results achieved by Medigene may differ significantly from the
forward-looking statements made herein. Medigene is not bound to
update any of these forward-looking statements. Medigene®, Veregen®, EndoTAG® and RhuDex® are registered trademarks of
Medigene AG. These trademarks may be owned or licensed in select
locations only.
Contact
Julia Hofmann, Claudia Burmester
Tel.: +49 - 89 - 20 00 33 - 33 01
Email: investor@medigene.com
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The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Medigene AG via Globenewswire
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