SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Celltech Group (NYSE: CLL)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Nealon who started this subject3/31/2004 2:27:55 AM
From: nigel bates   of 123
 
Celltech Group plc Outlines Positive Preliminary Results From First CDP870 Phase III Trial In Rheumatoid Arthritis
Wednesday March 31, 2:01 am ET

SLOUGH, U.K., March 31, 2004 (PRIMEZONE) -- Celltech Group plc (London:CCH.L - News) (NYSE:CLL - News) today announces positive preliminary results from the first Phase III clinical trial with CDP870 in rheumatoid arthritis (``Study 014''). Study 014 was designed to assess the safety and efficacy of CDP870 in combination with methotrexate on signs and symptoms of disease over a six month period in a refractory group of patients, who had active moderate to severe disease despite treatment with methotrexate and other disease modifying anti-rheumatic drugs (``DMARDs'').

This study met its primary endpoint, as assessed by the number of patients achieving a 20% reduction in the American College of Rheumatology score (``ACR20 response'') at 24 weeks. A significant ACR20 response was seen at week 1 in the study, the first time point, and was maintained for the duration of the study. The profile of adverse events in Study 014 was consistent with those seen in previous studies with CDP870.

Celltech intends to submit the detailed results from Study 014 for presentation at a future major scientific meeting.

Following this announcement, Celltech intends to continue advanced discussions with prospective partners for CDP870 with a view to entering a new collaboration agreement during the second quarter of 2004.

Celltech anticipates that the second Phase III trial of CDP870 in rheumatoid arthritis (``Study 011''), designed to assess the safety and efficacy of CDP870 as monotherapy on signs and symptoms of disease over a six month period in patients with moderate to severe disease, will conclude in the third quarter of 2004. Planning is currently in progress to commence the remaining Phase III programme in the second half of 2004.

Celltech continues to progress Phase III trials with CDP870 in Crohn's disease, with regulatory submissions in this indication planned for 2005. Celltech is also formulating plans for development of CDP870 in new disease indications, such as psoriasis, psoriatic arthritis and ankylosing spondylitis.

Dr. Goran Ando, Chief Executive Officer, commented: ``The positive results from this Phase III clinical trial with CDP870 in rheumatoid arthritis underpin Celltech's confidence that this drug has a very promising future.''

Dr. Goran Ando, Chief Executive Officer, will today host a conference call today at 13:30 (07:30 EST) to discuss the results from Study 014. This may be accessed by dialling +44 (0) 1452 541076, and quoting 'Celltech conference call'. A recording of the call will be available until 7 April 2004 by dialling +44 (0) 1452 550000, access code: 1205352.

Celltech Group plc (LSE: CCH; NYSE: CLL) is one of Europe's largest biotechnology companies, with an innovative development pipeline funded by its profitable, cash-generative pharmaceutical business. Celltech also possesses drug discovery capabilities of exceptional strength, including a leading position in antibody engineering. More details can be found at celltechgroup.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext