25.05.2007 09:31:00
|
Amgen to Appeal CHMP Opinion on Vectibix(TM) (Panitumumab)
Amgen (NASDAQ:AMGN) today issued the following statement:
Amgen has received notice from the European Medicines Agency (EMEA) that
the European Committee for Medicinal Products for Human Use (CHMP) has
adopted a negative opinion for Amgen’s
marketing authorization application (MAA) for Vectibix™
(panitumumab) for patients with metastatic colorectal cancer (mCRC) who
have failed chemotherapy.
In accordance with European regulations, Amgen intends to request
re-examination of the CHMP opinion through the appeal procedure.
Notwithstanding the CHMP’s initial view,
Amgen is confident that the available data demonstrates that Vectibix
improves progression-free survival (PFS) for mCRC patients who have
progressed on, or following fluoropyrimidine-, oxaliplatin-, and
irinotecan-containing chemotherapy regimens.
Vectibix is the first fully human IgG2 monoclonal antibody (MAb) that
targets the epidermal growth factor receptor (EGFr), a protein that
plays an important role in cancer cell signalling, a well validated
target in oncology. Vectibix was approved by the United States Food and
Drug Administration (FDA) in September 2006. The FDA approval of
Vectibix was based on a progression-free survival endpoint.
About Vectibix
Vectibix is indicated in the United States for the treatment of patients
with epidermal growth factor receptor- (EGFr) expressing metastatic
colorectal cancer after disease progression on or following
fluoropyrimidine-, oxaliplatin-, and irinotecan- containing chemotherapy
regimens. The effectiveness of Vectibix for the treatment of
EGFr-expressing, metastatic colorectal carcinoma is based on
progression-free survival. Currently no data are available that
demonstrate an improvement in disease-related symptoms or increased
survival with Vectibix.
Important Product Safety Information
Dermatologic toxicities, related to Vectibix blockade of EGF binding and
subsequent inhibition of EGF receptor-mediated signaling pathways,
included but were not limited to dermatitis acneiform, pruritus,
erythema, rash, skin exfoliation, paronychia, dry skin, and skin
fissures. Dermatologic toxicities were reported in 89 percent of
patients treated with Vectibix and were severe in 12 percent of
patients. Severe dermatologic toxicities were complicated by infection,
including sepsis, septic death, and abscesses requiring incisions and
drainage. Vectibix may need to be withheld or discontinued for severe
dermatologic toxicities.
Severe infusion reactions occurred with Vectibix in approximately 1
percent of patients. Severe infusion reactions were identified as
anaphylactic reactions, bronchospasm, fever, chills, and hypotension.
Although fatal infusion reactions have not been reported with Vectibix,
they have occurred with other monoclonal antibody products. Severe
infusion reactions require stopping the infusion and possibly
permanently discontinuing Vectibix, depending on the severity and/or
persistence of the reaction.
About Amgen
Amgen discovers, develops and delivers innovative human therapeutics. A
biotechnology pioneer since 1980, Amgen was one of the first companies
to realize the new science’s promise by
bringing safe and effective medicines from lab, to manufacturing plant,
to patient. Amgen therapeutics have changed the practice of medicine,
helping millions of people around the world in the fight against cancer,
kidney disease, rheumatoid arthritis, and other serious illnesses. With
a deep and broad pipeline of potential new medicines, Amgen remains
committed to advancing science to dramatically improve people’s
lives. To learn more about our pioneering science and vital medicines,
visit www.amgen.com.
Forward-Looking Statement
This news release contains forward-looking statements that are based on
management’s current expectations and beliefs
and are subject to a number of risks, uncertainties and assumptions that
could cause actual results to differ materially from those described.
All statements, other than statements of historical fact, are statements
that could be deemed forward-looking statements, including estimates of
revenues, operating margins, capital expenditures, cash, other financial
metrics, expected legal, arbitration, political, regulatory or clinical
results or practices, customer and prescriber patterns or practices,
reimbursement activities and outcomes and other such estimates and
results. Forward-looking statements involve significant risks and
uncertainties, including those discussed below and more fully described
in the Securities and Exchange Commission (SEC) reports filed by Amgen,
including Amgen’s most recent annual report
on Form 10-K and most recent periodic reports on Form 10-Q and Form 8-K.
Please refer to Amgen’s most recent Forms
10-K, 10-Q and 8-K for additional information on the uncertainties and
risk factors related to our business. Unless otherwise noted, Amgen is
providing this information as of May 25, 2007 and expressly disclaims
any duty to update information contained in this news release.
No forward-looking statement can be guaranteed and actual results may
differ materially from those we project. Discovery or identification of
new product candidates or development of new indications for existing
products cannot be guaranteed and movement from concept to product is
uncertain; consequently, there can be no guarantee that any particular
product candidate or development of a new indication for an existing
product will be successful and become a commercial product. Further,
preclinical results do not guarantee safe and effective performance of
product candidates in humans. The complexity of the human body cannot be
perfectly, or sometimes, even adequately modeled by computer or cell
culture systems or animal models. The length of time that it takes for
us to complete clinical trials and obtain regulatory approval for
product marketing has in the past varied and we expect similar
variability in the future. We develop product candidates internally and
through licensing collaborations, partnerships and joint ventures.
Product candidates that are derived from relationships may be subject to
disputes between the parties or may prove to be not as effective or as
safe as we may have believed at the time of entering into such
relationship. Also, we or others could identify safety, side effects or
manufacturing problems with our products after they are on the market.
Our business may be impacted by government investigations, litigation
and products liability claims. We depend on third parties for a
significant portion of our manufacturing capacity for the supply of
certain of our current and future products and limits on supply may
constrain sales of certain of our current products and product candidate
development.
In addition, sales of our products are affected by the reimbursement
policies imposed by third-party payors, including governments, private
insurance plans and managed care providers and may be affected by
regulatory, clinical and guideline developments and domestic and
international trends toward managed care and health care cost
containment as well as U.S. legislation affecting pharmaceutical pricing
and reimbursement. Government and others’
regulations and reimbursement policies may affect the development, usage
and pricing of our products. In addition, we compete with other
companies with respect to some of our marketed products as well as for
the discovery and development of new products. We believe that some of
our newer products, product candidates or new indications for existing
products, may face competition when and as they are approved and
marketed. Our products may compete against products that have lower
prices, established reimbursement, superior performance, are easier to
administer, or that are otherwise competitive with our products. In
addition, while we routinely obtain patents for our products and
technology, the protection offered by our patents and patent
applications may be challenged, invalidated or circumvented by our
competitors and there can be no guarantee of our ability to obtain or
maintain patent protection for our products or product candidates. We
cannot guarantee that we will be able to produce commercially successful
products or maintain the commercial success of our existing products.
Our stock price may be affected by actual or perceived market
opportunity, competitive position, and success or failure of our
products or product candidates. Further, the discovery of significant
problems with a product similar to one of our products that implicate an
entire class of products could have a material adverse effect on sales
of the affected products and on our business and results of operations.
The scientific information discussed in this news release related to our
product candidates is preliminary and investigative. Such product
candidates are not approved by the U.S. Food and Drug Administration
(FDA), and no conclusions can or should be drawn regarding the safety or
effectiveness of the product candidates. Only the FDA can determine
whether the product candidates are safe and effective for the use(s)
being investigated. Further, the scientific information discussed in
this news release relating to new indications for our products is
preliminary and investigative and is not part of the labeling approved
by the FDA for the products. The products are not approved for
the investigational use(s) discussed in this news release, and no
conclusions can or should be drawn regarding the safety or effectiveness
of the products for these uses. Only the FDA can determine whether the
products are safe and effective for these uses. Healthcare professionals
should refer to and rely upon the FDA-approved labeling for the
products, and not the information discussed in this news release.
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