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Biotech / Medical : Xechem International -- Ignore unavailable to you. Want to Upgrade?


To: GatewayStocks who wrote (8)2/28/2006 9:27:12 PM
From: GatewayStocks  Read Replies (1) | Respond to of 75
 
Xechem's Orphan Drug Status Approved for Its Sickle Cell Medicine in the European Union
Tuesday October 4, 8:30 am ET

NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Oct. 4, 2005--Xechem International, Inc. (OTC BB: XKEM - News) Xechem International announced today that its wholly owned subsidiary, Xechem UK Ltd., has received Orphan Drug designation from the European Medicine Evaluation Agency (EMEA) for NIPRISAN (now known as NICOSAN(TM)/HEMOXIN(TM)), a phytopharmaceutical product that has shown efficacy in the treatment of Sickle Cell Disease. The designation covers all 25 countries that comprise the European Union. Similar Orphan Drug status was previously granted to Xechem by the U.S. Food and Drug Administration.
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Dr. Ramesh Pandey, Xechem's Chairman & CEO said, "Obtaining Orphan Drug status for our Sickle Cell Disease product in both the European Union and the United States brings to Xechem substantial advantages and incentives which will help facilitate approval of the drug and make it easier for us to bring this important medicine to market. To have received these coveted designations from both the FDA and EMEA for a natural, herb-based product such as ours is particularly gratifying."

Significance of Orphan Drug Designation

The EMEA regulation on orphan medicinal products is designed to encourage companies to develop and market treatments for rare, life threatening medical conditions that affect less than five people in every 10,000 in the EU. In addition to granting the license holder protection from direct or generic competition for a period of ten years within the EU following drug approval, orphan drug status allows for regulatory assistance, reduced regulatory fees associated with applying for marketing approval, protocol assistance and scientific advice. Similar incentives, including seven years of marketing exclusivity, tax credits, and access to potential grant funding for non-clinical and clinical research, accompany orphan drug status in the U.S.

According to Dr. Pandey, "Given the virtual lack of commercially viable treatments for SCD in the United States and the EU, the multi-year exclusivity for NICOSAN(TM)/HEMOXIN(TM) could create a significant revenue producing opportunity for Xechem."

About Sickle Cell Disease

Sickle Cell Disease (SCD) is a devastating hereditary blood disorder, caused by an abnormal Hemoglobin called Sickle Hemoglobin, and is characterized by acute painful crises, organ damage, anemia and early death. SCD is particularly prevalent among people from sub-Saharan Africa. In Nigeria alone over 4 million people are afflicted with the disease and another 26 million are believed to be carriers of the sickle cell trait. It is estimated that more than one out of seven persons living on the African continent carry the sickle cell trait and over 18 million actually suffer with the disease worldwide.



To: GatewayStocks who wrote (8)2/28/2006 9:47:47 PM
From: Chuca Marsh  Read Replies (1) | Respond to of 75
 
I have to say ur DD is great. I saw ur other sitee DD at another Gateway Stocks Favorite so I copied it ...u already poosted it here ...I had no idea how international this co I invested heavily in is at in
Xechem Locations

Corporate Headquarters

Xechem International, Inc.
New Brunswick Technology Center
100 Jersey Avenue
Building B, Suite 310
New Brunswick, NJ 08901
USA
INSERT NEW INFO ON EDIT addressses continue lower::

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SUBJECT: XKEM won lawsuit against Giant Drug manufactu Posted By: thewallmaster
Post Time: 2/26/2006 20:23
« Previous Message Next Message »


XKEM won lawsuit against Giant Drug manufacture Brystol Myers.

XKEM,has a knockoff cancer drug coming to market soon, also has a Sickel Cell drug out this quarter.Just won a law suit against Brystol Myers, which in itself is impressive for a penny stock company to win against one of the giant drug manufacturers. This stock should have news out this week or next week regarding the Sickell Cell drug coming to market. I like the potential of XKEM.
finance.yahoo.com

quote from a Raging Bull poster:
Posted by: dawg245
In reply to: thewallmaster who wrote msg# 319 Date:2/24/2006 5:12:35 PM
Post #of 331
What impresses me is that XKEM went head to head with Bristol-Myers........and won. Now, if the sickle cell drug expands from Nigeria to the rest of the world we will all be rich, very rich.

TAKE THAT NAKED SHORTERS
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Xechem International,Inc,
Ticker Symbol = XKEM
Market Cap = $ 1. 90M
Industry: Biotechnology
Target Price = $ 0.24
Recommendation: SUPER MEGA BUY
There are many reasons to buy into (XKEM) $DO YOUR DD A HUGE WINNER HERE $
Once News on the Approval of the NIGERIA plant comes out SKY HIGH SHE GOES .
Charts speak for them selfs
RSI strong buy
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stockcharts.com
Web Site: xechem.com

stockhouse.ca;

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stockhouse.ca

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(Xechem, Inc., Xechem Laboratories, Inc., and XetaPharm, Inc. are also located at the above address)
Tel: (732) 247-3300
Fax: (732) 247-4090
E-Mail: xechem@erols.com

Regional Office

Xechem/XetaPharm, Inc.
12106 Pawnee Drive
Gaithersburg, MD 20878
USA Tel: (301) 330-5098
Fax: (301) 330 5098
E-Mail: xechem-reg@hotmail.com

Xechem Nigeria

Xechem Pharmaceuticals Nigeria Ltd.
Sheda Science and Technology Complex
Technology Park, Gwagwalada
Federal Capital Territory, Abuja
NIGERIA Tel: 234-9-671-8379
E-Mail: xechemnigeria@yahoo.com

Xechem U.K.

Xechem U.K., Ltd.
The White House
2 Meadrow
Godalming
Surrey GU7 3HN
UK Tel: 44 (0) 1483 424 269
Fax: 44 (0) 1483 424 310

Xechem India

Xechem (India) Pvt. Ltd.
B-3/17, Safdarjung Enclave
New Delhi 110029
INDIA Tel: 011-91-11-2-618-4293
Tel: 011-91-11-2-618-4294
Fax: 011-91-11-2-618-4295
Email: xechem@bol.net.in

Credit To Old Gateway - Mooooooooooooooooooo! I guess ur not a computer LOL or are u?