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May 19, 2013 -- Updated July 02, 2012 03:14 HKT

Astellas (TYO:4503) Obtains Approval in Japan for Treating Prostate Cancer


shayne@heffcap.com
Posted on: Jul 2nd, 2012

Astellas Pharma Inc. is a Japan-based company mainly engaged in the pharmaceutical business. The Company is involved in the manufacture and sale of pharmaceutical products in Japan, the United States, Europe, China, Korea and Taiwan, through its subsidiaries. Its main products include immunosuppressive drug Prograf, overactive bladder agent Vesicare,

June 29, 2012. –  Astellas Pharma Inc. (“Astellas”; Tokyo:4503; President and CEO: Yoshihiko Hatanaka) announced that Gonax® for Subcutaneous Injection (development code: ASP3550, generic name: Degarelix Acetate, “Gonax”) was granted Japanese marketing approval today for the indication of prostate cancer.

Gonax is a gonadtrophin-releasing hormone (GnRH) blocker with a subcutaneously injectable formulation. GnRH is a hormone produced in the hypothalamus in the brain and is involved in the production of the male hormone testosterone thorough binding to the GnRH receptors in the pituitary gland.

Although testosterone is an important hormone that plays a central role in the maintenance of male function, it also stimulates prostate cancer to grow and to spread out and in result, often aggravates symptoms in prostate cancer patients.

Gonax competitively inhibits the binding of GnRH to the GnRH receptors and controls the growth of prostate cancer by suppressing the testosterone production. Based on the results of Phase I and Phase II studies in Japan, Astellas decided to submit the market authorization application by using abroad Phase-III data.

In Phase II studies in Japan and the abroad Phase III studies, Gonax suppressed and maintained the blood testosterone below castration at Day 3, without a testosterone surge which frequently occurs with GnRH agonist treatment. Also, based on the safety results, Gonax appears to be safe and well tolerated.

Gonax has been approved in 59 countries.

In January 2006, Astellas and Ferring Pharmaceuticals (“Ferring”; headquarters: Saint-Prex, Switzerland; Chairman: Frederik Paulsen) entered into a license agreement that gives Astellas exclusive rights to develop and market degarelix for the treatment of prostate cancer in Japan. Since then, Astellas has conducted the development of Gonax in Japan from Phase II.

Upon this marketing approval in Japan, Astellas will pay to Ferring the milestone payment of €10 million, which was reflected in Astellas’ current fiscal year (from April 1, 2012 to March 31, 2013) financial forecast.
Astellas Pharma expects to provide an additional therapeutic option in treating prostate cancer by introducing Gonax into the Japanese market.

PRODUCT SUMMARY

Product name: Gonax® 80mg /120mg for Subcutaneous Injection
Generic name: Degarelix Acetate
Indication: Prostate Cancer

Dosage regimen The usual starting dose of Degarelix for adults is 240mg given as two subcutaneous injections of 120mg. After 4 weeks from the initial dose, the maintenance dose of Degarelix is 80mg given as one subcutaneous injection, every 4 weeks.

Starting Dose: per an injection point, reconstitute a vial containing 120mg Degarelix with 3ml of Japanese Pharmacopoeia Sterile Water for Injections and inject subcutaneously immediately after reconstitution (at a concentration of 40mg/ml)

Maintenance Dose: reconstitute a vial containing 80mg Degarelix with 4.2ml of Japanese Pharmacopoeia Sterile Water for Injections and inject subcutaneously immediately after reconstitution (at a concentration of 20mg/ml)

For inquiries or additional information

Astellas Pharma Inc.
Corporate Communications
TEL: +81-3-3244-3201, FAX:+81-3-5201-7473

http://www.astellas.com/en











 

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Linda Johnson,
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Sales@Heffcap.com

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  Shayne Heffernan Ph.D.
Economist/Hedge Fund Manager

Shayne Heffernan oversees the management of funds for institutions and high net worth individuals. He is also an active consultant working with Corporations around the World.

He is recognized as one of the leading Economists in South East Asia, as well as the preeminent authority on ASEAN. His opinions and forecasts are widely read by decision makers in the region and Internationally.

Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reached a peak of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

Member
Chinese Society of Economists
American Economic Society




 

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