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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product -- Ignore unavailable to you. Want to Upgrade?


To: vestor who wrote (841)11/23/1998 11:03:00 PM
From: Doug Bean  Read Replies (2) | Respond to of 1837
 
Vestor: i don't know if you caught thisor not ,, but it looks like it should help the cause. Doug Most Recent Press Release November 19, 1998 Estrogen Replacement Therapy Is Similarly Efficacious Regardless of Race or Body Weight * Duramed Pharmaceuticals Synthetic Conjugated Estrogens Clinical Trial Provides New Evidence * Unique Clinical Study Design Reflects Duramed¹s Commitment to Market Leadership Cincinnati, November 19, 1998 ­ Duramed Pharmaceuticals, Inc. (Nasdaq:DRMD) announced, in conjunction with Phoenix International Life Sciences, Inc. and MDS Harris, that the company has identified additional information regarding the treatment of postmenopausal vasomotor symptoms in women regardless of race or body weight. The addi tional information is based on the successful results of Duramed¹s multi-center, double-blind, placebo-controlled trial to evaluate its synthetic conjugated estrogens product in the treatment of postmenopausal vasomotor symptoms. At the 1998 annual meeting of the American Association of Pharmaceutical Sciences, Duramed, Phoenix International and MDS Harris presented the results of the clinical trial as evidence that African-Americans and Caucasians experienced a similar response to treatment by estrogen replacement therapy (ERT) for postmenopausal vasomotor symptoms. The study of 120 postmenopausal women, of which 28 percent were African-American, 68 percent were Caucasian and 4 percent were other races, showed that after 12 weeks of treatment with Duramed¹s synthetic conjugated estrogens product, there were no statistically significant differences in response between races. The majority of previously reported studies do not furnish statistically meaningful information on the vasomotor effects of ERT on African-Americans, since they have been limited largely to the study of Caucasians. Additionally, the Duramed study demonstrated that women with normal and higher than normal body mass experienced similar relief from their symptoms. Duramed¹s study included women whose weight ranged from 109 ­ 271 pounds; the response to ERT or placebo was similar regardless of weight. E. Thomas Arington, Duramed Chairman and Chief Executive Officer, commented, "We are honored that the American Association of Pharmaceutical Sciences chose this scientific paper as one to be presented orally at their 1998 annual meeting. The unique clinical design of our study reflects Duramed¹s commitment to providing scientific leadership in the development of hormone replacement therapies. The study not only contains significant new information but, as importantly, it employs a research design to better focus on segments of America¹s female population that, too often, are ignored in scientific studies." Arington noted that the referenced study provided Duramed with the clinical data that constituted the basis for the March 1998 filing of a New Drug Application (NDA) with the Food and Drug Administration (FDA) for its synthetic conjugated estrogens product, which will be marketed under the brand name Cenestinä following FDA approval. The company believes that the results from the clinical trial were statistically significant in the reduction of hot flashes and other vasomotor symptoms in postmenopausal women. About the Study Participants Phoenix International Life Sciences Inc. is a Cincinnati-based contract research organization (CRO) which conducts drug development research for the pharmaceutical and biotechnology industries. MDS Harris is a division of MDS, a health and life sciences company whose products and services are used in the prevention, diagnosis and management of illness and disease. MDS Harris provides clinical trial services and contract research as a part of MDS Pharmaceutical Services, providing comprehensive services for the world's pharmaceutical and biotechnology industries. About the Company Duramed Pharmaceuticals, Inc. currently develops, manufactures and markets prescription drug products. The Company¹s product development program is focused on hormonal therapies and controlled release technology. Since the beginning of 1997, Duramed has received approval from the FDA for eight Abbreviated New Drug Applications (ANDAs) for products developed by the Company or in conjunction with development partners with a number of additional ANDAs presently on file. On March 30, 1998, the Company submitted its first New Drug Application (NDA), for its synthetic conjugated estrogens product; on June 15, 1998, Duramed announced that the FDA had completed its preliminary review of the product. When approved by the FDA, the product will be marketed under the brand name Cenestin. The worldwide estrogen replacement market is approaching $2 billion and growing at a rate of 15% per year.