SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 


 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

 

24 June 2008

 

 

PROTHERICS PLC

(Translation of Registrant’s Name Into English)

 

 

The Heath Business & Technical Park
Runcorn, Cheshire, W47 4QF England

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F       X              Form 40-F               

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):             

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 191(b)(7):             

 

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes                     No          X     

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-              .

 

 

The Registrant is furnishing a copy of its announcements as reported to the Company Announcements Office of the London Stock Exchange.

 

 

 

 

Protherics PLC

Start of 
phase 2a
 clinical
 
study of Angiotensin Therapeutic Vaccine in 
hypertension

London, UK; Brentwood, TN, US; 
2
4
 
June 
2008
 -
 Protherics 
PLC ("Protherics" or the "Company"), the international biopharmaceutical company focused on critical care and 
cancer,
 
today 
announces
 
that the first patient has
 been enrolled in a phase 2a study 
of 
its 
Angiotensin Therapeutic
 Vaccine (ATV) for the treatment of hypertension.

Hypertension is a major risk factor for serious and common cardiovascular diseases such as heart attacks and strokes and the global market for anti-hypertensive therapies is estimated to be worth around US$30 billion*. 
 
The majority of existing therapies 
are 
tablets 
which
 need to be taken 
on a 
daily
 basis
, usually for the rest of a patient's life. 
 
However, many patients with high blood pressure fail to take their medicines as prescribed, and it is estimated that 
approximately
 70% 
of 
patients with hypertension do not have their blood pressure adequately controlled*. 
 
Therefore, a
 vaccine approach, which may require 
only 
three injections and a booster after six months rather than daily medication,
 should
 
improve
 patient compliance with treatment.

The phase 2a
,
 
double-blind
, placebo-
controlled 
clinical 
study 
in 124
 
patients with 
mild to moderate hypertensi
on
 
has been initiated 
in the 
UK
.
 
 
Patients will be
 
given 
a course of 
injections 
over 
six
 weeks
 
The study will assess the safety and tolerability of the vaccine
,
 incorporating 
Protherics
'
 
promising 
novel vaccine adjuvant, Co
V
accine HT™.
 
 
In addition
 both antibody response and effe
ct on blood 
pressure will be assessed
 
The blood pressure results are expected in the first half of 2009.

Protherics has shown 
in 
previous
 
phase 2a study that a 
formulation of ATV
,
 
incorporating the vaccine adjuvant Alhydrogel
®
modulate
d
 key hormones involved in regulating blood pressure
 in hypertensive patients
 
A new
 formulation of ATV has now been developed, incorporating 
the 
CoVaccine HT™
 adjuvant
, which has 
demonstrated 
a much stronger immune response in pre-clinical models.

CoVaccine HT
 and ATV are protected by extensive patents and applications in the 
US
EU and
 the
 rest of the 
w
orld. 
 
The first 
US
 patent on ATV was granted in May 2008
.

Andrew Heath, C
hief Executive of Protherics, 
commented
:

"
We are excited about the prospects for ATV
, a potential
 value driver for the company
 
A vaccine approach to the treatment of high blood pressure promises to 
address 
the issue
 of
 poor patient compliance with daily medication 
and
 
thus 
reduce the incidence of stroke and heart attacks.
 
 
With data expected within a year, this could be a major outlicensing opportunity.
"

*Company
 estimates

| Ends |

For further information please contact:

Protherics 

Nick Staples, 
Director of Corporate Affairs
+44 (0) 7919 480510  
Saul Komisar
, President
,
 Protherics Inc
+1 615 327 1027


Financial Dynamics
 - press enquiries

London: 
Ben Atwell
, Lara Mott
+44 (0) 20 7831 3113 
New York
: John Capodanno
+1 212 850 5600

Or visit 
www.protherics.com


Notes for Editors:

About Protherics
Protherics (LSE: PTI, NASDAQ: PTIL) is a leading 
international 
biopharmaceutical company focused on specialist products for critical care and cancer.

Protherics has produced two FDA approved biologics for critical care use which are currently sold in the 
US
: CroFab™, a 
North American 
pit viper antivenom and DigiFab™, a digoxin antidote. Protherics reported revenues of £2
6.1
 million for its year end
ed
 31 March 2008 and 
strong cash balance of £37.7 million. 
 
The Company's strategy is to use the revenues generated from its marketed and out-licensed products to help fund the advancement of its broad, late stage pipeline.

Protherics has two major development opportunities in its portfolio. CytoFab™ is being developed by AstraZeneca, for the treatment of severe sepsis, following a major licensing deal announced in December 2005. AstraZeneca is conducting an additional phase 2 programme following changes to the commercial manufacturin
g process. A new formulation of Angiotensin Therapeutic Vaccine, for the treatment of hypertension, 
has today commenced a 
phase 2a study.
 
 Protherics also has four novel products being developed in a range of
 
cancer indications 
where 
it intends to undertake the sales and marketing in the 
US
 and/or the EU.

With headquarters in 
London
, the Company has approximately 300 employees across its operations in the 
UK
, US and 
Australia
.

For further information visit: 
www.protherics.com
 


About Angiotensin Therapeutic Vaccine
Angiotensin Therapeutic Vaccine (ATV) is a conjugate vaccine 
con
taining
 a peptide analogue of the hormone angiotensin I cross linked to the carrier protein keyhole limpet haemocyanin (KLH).
 
 
ATV is designed to treat hypertension by stimulating the immune system to neutralise angiotensin I, a peptide hormone that plays a key role in the regulation of blood pressure.

Protherics has previously shown in hypertensive patients that 
a first generation formulation of 
ATV 
modulates key hormones involved in regulating blood pressure. 
 
An improved formulation of ATV
 has now been developed
, incorporating a novel vaccine adjuvant,
 
CoVaccine HT™
,
 which has shown evidence of stimulating a much stronger immune response in
 pre-clinical models
 
CoVaccine HT™
 was acquired by in June 2006 by Protherics from 
CoVaccine BV
.

A vaccine approach to the management of hypertension is expected to improve patient compliance with therapy, which is a major problem in achieving control of high blood pressure with current therapy. 
 
Because of its envisaged slow onset and susta
ined effect, ATV
 has the potential to be used on its own, or in combination with existing high blood pressure medications, to improve the control of hypertension.
 
 
For more information, visit

http://www.protherics.com/Products/other_products.aspx


About Hypertension
Hypertension is one of the most common medical conditions in developed countries and is a risk factor associated with heart attacks, heart failure, blood ves
sel problems and kidney damage. 
 
Current treatments are tablet based, requiring daily doses, often for life, and patient compliance is 
often poor. 
 
The pharmaceutical market for high blood pressure treatment is the largest single therapeutic sector in the world, with global sales exceeding US$30 billion per annum.


Disclaimer
This document contains forward-looking statements that involve risks and uncertainties including with respect to
 products under development and the progress and completion of clinical trials.
 
 
Although we believe that the expectations reflected in such forward-looking statements are reasonable at this time, we can give no assurance that such expectations will prove to be correct. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements due to many important 
factors discussed
 in Protherics' Annual Report on Form 20-F and other reports filed from time to time with the U.S. Securities and Exchange Commission. We do not undertake to update any oral or written forward-looking statements that may be made by, or on behalf of, Protherics.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

       

 

PROTHERICS PLC

       

Date: 24 June 2008

 

By:

 

/s/ Rolf Soderstrom


       

Rolf Soderstrom

       

Finance Director

 

 

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