Vicuron Pharmaceuticals Files New Drug Application (NDA) for Anidulafungin for Treatment of Invasive Candidiasis/Candidemia
August 18 2005 - 5:30PM
PR Newswire (US)
KING OF PRUSSIA, Pa., Aug. 18 /PRNewswire-FirstCall/ -- Vicuron
Pharmaceuticals Inc. (Nasdaq: MICU; Nuovo Mercato: MICU) announced
today it filed a New Drug Application (NDA) with the U.S. Food and
Drug Administration for anidulafungin for the treatment of invasive
candidiasis/candidemia, the most common hospital-acquired fungal
infection. The NDA includes clinical data from a previously
announced Phase 3 trial demonstrating superiority of anidulafungin
versus fluconazole in invasive candidiasis/candidemia. "We are
pleased to have filed this NDA in the third quarter as planned,"
said George F. Horner, III, Vicuron's President and Chief Executive
Officer. About Anidulafungin Anidulafungin is a product candidate
made through chemical modification of a naturally occurring
molecule. In vitro studies have demonstrated that anidulafungin
combines both the potency and killing effects of the polyene class
(e.g., amphotericin B) without the resistance problems found with
the azole class (e.g., fluconazole). Anidulafungin is a broad-
spectrum agent, and has been demonstrated to be highly potent in
vitro against the fungi responsible for several serious fungal
infections. Preclinical studies have shown that five-minute
exposure to anidulafungin in vitro kills more than 99 percent of
Candida, including fluconazole-resistant strains. Anidulafungin has
not shown cross-resistance with azoles or amphotericin, and in the
laboratory it has proven very difficult to develop resistance to
anidulafungin. About Vicuron Pharmaceuticals Vicuron
Pharmaceuticals is a biopharmaceutical company focused on
discovering, developing, manufacturing and commercializing vital
medicine for seriously ill patients. The company has three NDAs
submitted to the U.S. Food and Drug Administration for its two lead
products, dalbavancin, a novel intravenous antibiotic for the
treatment of serious Gram-positive infections, and anidulafungin, a
novel antifungal agent. Vicuron applies a disciplined, integrated
approach to anti-infective discovery for next-generation compounds
in both hospital-based and community-acquired infections. The
company recently announced that it was being acquired by Pfizer at
a price of $29.10 per share in cash, for an aggregate equity
purchase price of approximately $1.9 billion. Completion of this
transaction is subject to regulatory approval, Vicuron
shareholder's approval and other customary closing conditions.
Forward-Looking Statements This news release contains
forward-looking statements that predict or describe future events
or trends. The matters described in these forward- looking
statements are subject to known and unknown risks, uncertainties
and other unpredictable factors, many of which are beyond Vicuron's
control. Vicuron faces many risks that could cause its actual
performance to differ materially from the results predicted by its
forward-looking statements, including the possibilities that
clinical trials and the results thereof might be delayed or
unsuccessful, that the timing of the filing of any new drug
application or any amendment to a new drug application might be
delayed, that clinical trials might indicate that a product
candidate is unsafe or ineffective, that the FDA might require
additional information to be submitted and additional actions to be
taken before it will make any decision, that any filed new drug
application may not be approved by the FDA, that ongoing
proprietary and collaborative research might not occur or yield
useful results, that the pipeline may not yield a new clinical
candidate or a commercial product, that a third party may not be
willing to license Vicuron's product candidates on terms acceptable
to it or at all, that competitors might develop superior
substitutes for Vicuron's products or market these competitive
products more effectively, that a sales force may not be developed
as contemplated and that one or more of Vicuron's product
candidates may not be commercialized successfully. The reports that
Vicuron files with the U.S. Securities and Exchange Commission
contain a fuller description of these and many other risks to which
Vicuron is subject. Because of those risks, Vicuron's actual
results, performance or achievements may differ materially from the
results, performance or achievements contemplated by its forward-
looking statement. The information set forth in this news release
represents management's current expectations and intentions.
Vicuron assumes no responsibility to issue updates to the
forward-looking matters discussed in this news release. DATASOURCE:
Vicuron Pharmaceuticals Inc. CONTACT: Dov A. Goldstein, M.D. of
Vicuron Pharmaceuticals Inc., +1-610-205-2312 or ; or E. Blair
Schoeb of WeissComm Partners, +1-760-365-1857 or , for Vicuron
Pharmaceuticals Inc. Web site: http://www.vicuron.com/
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