FYI - MORE DELAY - ANYU COMMENTS??? Myotrophin NDA Review Period Extended
WEST CHESTER, Pa., and EMERYVILLE, Calif., Aug. 11 /PRNewswire/ -- Cephalon, Inc. (Nasdaq:CEPH) and Chiron Corp. (Nasdaq:CHIR) announced today that they have been informed that the U.S. Food and Drug Administration (FDA) has extended until November 11, 1997, the review period for the new drug application (NDA) submitted for clearance to market MYOTROPHIN(R) Injection (mecasermin) in the United States for the treatment of amyotrophic lateral sclerosis (ALS, or Lou Gehrig's disease). Cephalon and Chiron submitted the NDA on February 11, 1997, and recently submitted an amendment to the NDA, which entitles the FDA to extend its review deadline by three months.
Chiron Corporation, headquartered in Emeryville, CA, is a science-driven, market-directed healthcare company that combines diagnostic, vaccine and therapeutic strategies for controlling disease. Chiron participates in four global healthcare markets: diagnostics, including immunodiagnostics, critical care diagnostics and new quantitative probe tests; therapeutics, with an emphasis on oncological, infectious, neurological and cardiovascular disease; pediatric and adult vaccines; and ophthalmic surgical products for the correction of vision. Chiron also conducts research and development in the fields of biological proteins, gene therapy and combinatorial chemistry.
Cephalon, Inc., headquartered in West Chester, PA, is an international biopharmaceutical company that discovers, develops and markets products to treat neurological disorders. The company is developing products for the treatment of ALS, narcolepsy, peripheral neuropathies, Alzheimer's disease and stroke, and currently co-promotes three products in the United States for the treatment of neurological conditions.
This news release may contain forward-looking statements that involve risks and uncertainties. A full discussion of the companies' operations and financial condition, including factors that may affect the companies' business and future prospects, is contained in documents the companies file with the SEC, such as form 10-Q and 10-K reports. These documents identify important factors that could cause the companies' actual performance to differ from current expectations.
SOURCE: Cephalon, Inc.
More news for referenced ticker symbols: CEPH, CHIR, and related industries: medical.
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