Corporate | 13 December 2006 09:39
WILEX enters into manufacturing and distribution agreement with IBA Molecular for the upcoming pivotal registration trial with CA9-SCAN
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The issuer is solely responsible for the content of this announcement.
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WILEX enters into manufacturing and distribution agreement with IBA
Molecular for the upcoming pivotal registration trial with CA9-SCAN
Munich, December 13, 2006 – The Munich-based biopharmaceutical company
WILEX AG (ISIN DE0006614720 / Frankfurt Stock Exchange / Prime Standard)
today signed a contract with IBA Molecular N.A., Sterling, Virginia, USA.
IBA delivers radiopharmaceuticals and isotopes for radiotherapy and
radiodiagnosis and is one of the leading companies in this field worldwide.
IBA will label the WILEX antibody WX-G250 with 124Iodine and will deliver
it to the study centres participating in the pivotal trial for approval of
the WILEX imaging diagnostic CA9-SCAN.
‘We are delighted to have signed this agreement with a major partner in
order to conduct the trial for the approval of the diagnostic imaging agent
CA9-SCAN’, commented Dr. Paul Bevan, Head of R&D of WILEX AG. ‘We are
planning to start this pivotal trial in 2007 and subsequently to apply for
marketing approval at the earliest in 2008’, Dr. Bevan continued.
It is planned to enrol patients suspected of having kidney cancer in
approximately 10 study centres in the USA and image them with CA9-SCAN
prior to surgery. CA9-SCAN is a radioactively labelled form of the antibody
WX-G250. The labelled antibody WX-G250 targets clear cell renal cell
carcinoma and will accumulate in the tumour tissue. This accumulation can
be visualised by means of Positron Emission Tomography (PET). An earlier
feasibility study found that a positive result with CA9-SCAN could be
confirmed as clear cell renal cell carcinoma in 100 % of the cases
(positive predictive value). CA9-SCAN could determine whether the patient
had clear cell renal cell carcinoma before the surgery and subsequent
pathology. Therefore, CA9-SCAN should significantly improve and simplify
treatment planning for patients suspected of having kidney cancer. The
company is not aware of imaging techniques available with comparable
specificity and sensitivity. A market study commissioned by WILEX forecasts
a peak sales potential of approximately US-$ 100 million per annum for this
product.
About WILEX
WILEX is a biopharmaceutical Company based in Munich, which was founded in
1997 by a team of physicians and oncologists from the Technical University
of Munich. WILEX is focused on the development of new cancer therapies
based on antibodies and small molecules. The therapeutic approach of WILEX
targets the prevention of growth, spread and the metastasis of malignant
tumours and the destruction of malignant tumours in the body. The portfolio
includes both drug and medical product candidates ranging from research to
late stage clinical development. Currently the following compounds are in
clinical development: WX-G250 (development name: RENCAREX®), WX-671, WX-UK1
and CA9-SCAN. The company’s strategy is to develop WILEX into a
commercially successful biopharmaceutical company with a broad portfolio of
new drugs and medical products for the treatment of cancer. Since November
13, 2006 WILEX AG is listed at the Frankfurt Stock Exchange on the Official
Market Segment (Amtlicher Markt) / Prime Standard.
ISIN DE0006614720
WKN 661472
Stock market symbol WL6
Contact
Juliane Giese
Manager Public Relations
WILEX AG
Grillparzerstr. 16
81675 München
Germany
Tel.: +49 (0)89-41 31 38-29
Fax: +49 (0)89-41 31 38-99
Email: juliane.giese@WILEX.com
Website: http://www.WILEX.com
(c)DGAP 13.12.2006
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Language: English
Issuer: WILEX AG
Grillparzerstr. 16
81675 München Deutschland
Phone: +49 (0)89 41 31 38 – 0
Fax: +49 (0)89 41 31 38 – 99
E-mail: info@wilex.com
WWW: www.wilex.de
ISIN: DE0006614720
WKN: 661472
Indices:
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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