Sunesis Pharma gets European orphan drug status for vosaroxin to treat AML – pharmabiz.com


Sunesis Pharmaceuticals, Inc., a biopharmaceutical company, has received orphan drug designation from European Commission to its lead development candidate, vosaroxin, for the treatment of acute myeloid leukaemia (AML).

The designation provides for 10 years of marketing exclusivity in all EU member countries following product approval. Vosaroxin has previously received orphan drug and fast track designations from the US Food and Drug Administration (FDA).

“The European Commission’s decision reinforces the global potential of vosaroxin and recognizes the desperate need for new treatment options in AML, an indication for which treatment standards have not changed appreciably in the past thirty years,” said Dr Adam Craig, EVP Development & CMO of Sunesis. “European orphan drug designation is the latest in a series of regulatory milestones that have strengthened the commercial opportunity for vosaroxin on both sides of the Atlantic. These include the potential for market exclusivity to 2030 and an expedited review process in the US, as well as new patents issued in the European Union with exclusivity to 2025.”

As established by the European Medicines Agency (EMA), orphan designation is granted to product candidates intended for the treatment of a life-threatening or chronically debilitating condition affecting no more than five in 10,000 persons in the European Union. It also provides for scientific advice and regulatory assistance from the EMA during the product development phase, direct access to centralized marketing authorization, and certain financial incentives for companies developing orphan drug candidates. Orphan drugs are eligible for a reduction of fees associated with pre-authorization inspections, as well as marketing authorization application fees and certain other fees for qualifying companies.

Sunesis is currently enrolling patients in its VALOR trial, a phase III, multinational, randomized, double-blind, placebo-controlled, pivotal clinical trial of vosaroxin in combination with cytarabine in first relapsed or refractory acute myeloid leukaemia.

VALOR is a phase III, randomized, double-blind, placebo-controlled, pivotal trial in patients with first relapsed or refractory AML. The trial is expected to enroll 450 evaluable patients at approximately 110 leading sites in the US, Canada, Europe, Australia and New Zealand. The VALOR trial is currently enrolling patients, who are randomized one to one to receive either vosaroxin on days one and four in combination with cytarabine daily for five days, or placebo in combination with cytarabine. Additionally, the VALOR trial employs an innovative, adaptive trial design that allows for a one-time sample size adjustment by the DSMB at the interim analysis to maintain adequate power across a broader range of survival outcomes. The trial’s primary endpoint is overall survival.

Vosaroxin is a first-in-class anti-cancer quinolone derivative, (AQD), a class of compounds that has not been used previously for the treatment of cancer. Vosaroxin both intercalates DNA and inhibits topoisomerase II, resulting in replication-dependent, site-selective DNA damage, G2 arrest and apoptosis.

Sunesis is a biopharmaceutical company focused on the development and commercialization of new oncology therapeutics for the treatment of solid and hematologic cancers.

View the original article here

Sunesis Pharma gets European orphan drug status for vosaroxin to treat AML – pharmabiz.com


Sunesis Pharmaceuticals, Inc., a biopharmaceutical company, has received orphan drug designation from European Commission to its lead development candidate, vosaroxin, for the treatment of acute myeloid leukaemia (AML).

The designation provides for 10 years of marketing exclusivity in all EU member countries following product approval. Vosaroxin has previously received orphan drug and fast track designations from the US Food and Drug Administration (FDA).

“The European Commission’s decision reinforces the global potential of vosaroxin and recognizes the desperate need for new treatment options in AML, an indication for which treatment standards have not changed appreciably in the past thirty years,” said Dr Adam Craig, EVP Development & CMO of Sunesis. “European orphan drug designation is the latest in a series of regulatory milestones that have strengthened the commercial opportunity for vosaroxin on both sides of the Atlantic. These include the potential for market exclusivity to 2030 and an expedited review process in the US, as well as new patents issued in the European Union with exclusivity to 2025.”

As established by the European Medicines Agency (EMA), orphan designation is granted to product candidates intended for the treatment of a life-threatening or chronically debilitating condition affecting no more than five in 10,000 persons in the European Union. It also provides for scientific advice and regulatory assistance from the EMA during the product development phase, direct access to centralized marketing authorization, and certain financial incentives for companies developing orphan drug candidates. Orphan drugs are eligible for a reduction of fees associated with pre-authorization inspections, as well as marketing authorization application fees and certain other fees for qualifying companies.

Sunesis is currently enrolling patients in its VALOR trial, a phase III, multinational, randomized, double-blind, placebo-controlled, pivotal clinical trial of vosaroxin in combination with cytarabine in first relapsed or refractory acute myeloid leukaemia.

VALOR is a phase III, randomized, double-blind, placebo-controlled, pivotal trial in patients with first relapsed or refractory AML. The trial is expected to enroll 450 evaluable patients at approximately 110 leading sites in the US, Canada, Europe, Australia and New Zealand. The VALOR trial is currently enrolling patients, who are randomized one to one to receive either vosaroxin on days one and four in combination with cytarabine daily for five days, or placebo in combination with cytarabine. Additionally, the VALOR trial employs an innovative, adaptive trial design that allows for a one-time sample size adjustment by the DSMB at the interim analysis to maintain adequate power across a broader range of survival outcomes. The trial’s primary endpoint is overall survival.

Vosaroxin is a first-in-class anti-cancer quinolone derivative, (AQD), a class of compounds that has not been used previously for the treatment of cancer. Vosaroxin both intercalates DNA and inhibits topoisomerase II, resulting in replication-dependent, site-selective DNA damage, G2 arrest and apoptosis.

Sunesis is a biopharmaceutical company focused on the development and commercialization of new oncology therapeutics for the treatment of solid and hematologic cancers.

View the original article here

European cargo vessel docks with space station


PARIS | Wed Mar 28, 2012 8:44pm EDT

PARIS (Reuters) – An unmanned European supply vessel carrying more than six tonnes of freight docked with the International Space Station (ISS) on Wednesday reinforcing Europe’s role in the functioning of the ISS, space officials said.

European Space Agency (ESA) officials said the docking of Europe’s third Automated Transfer Vehicle (ATV) was flawless when it eased into place without any intervention from astronauts in the space station.

They put the official docking time with the ISS at 2233 GMT and approximately 30 minutes later initial electrical connections to the ISS were confirmed.

Astronauts aboard the ISS will be able to enter the vessel after electric connections and seals keeping space atmosphere out of the station are checked.

“This rendez-vous and docking was the most critical phase,” Jean-Jacques Dordain, director general of the ESA, said after the docking from a mission control centre in Toulouse, France.

“No other vehicle is able to do this kind of docking,” Dordain said.

The vessel, dubbed “Edoardo Amaldi” after the Italian physicist and spaceflight pioneer, is the third ATV Europe has contributed to the ISS program.

The first docked with the space station in early 2008. A second docked early last year.

It was the first European mission to re-supply the ISS since the U.S. space shuttle fleet was retired last July.

Edoardo Amaldi was launched aboard an Ariane-5 rocket from ESA’s launch centre in Kourou, French Guiana on the northeast coast of South America on March 23.

It will remain attached to the space station until August as astronauts remove its cargo and fill it with rubbish from the station.

It will then be thrust back toward earth, burning up on re-entry. Any remaining debris will be targeted to a remote area of the Pacific Ocean.

The ATV has more cargo capacity than Japan’s HTV vessel also used to supply the ISS and over twice the capacity of a Russia’s Progress vehicle.

American start-up SpaceX – brainchild of PayPal co-founder Elon Musk – has scheduled its first supply mission to the ISS aboard its Dragon spacecraft in late April.

The ATV will also be used as a ‘space jack’. Residual gravity from the earth causes the space station to fall about 2.5 km (1.5 miles) a month. The vessel will ignite thrusters to lift the station back to a higher altitude.

ATV was developed by the ESA as part of a barter arrangement with the U.S. space agency NASA.

Instead of paying cash for its share of the station’s operating costs and also to secure additional astronaut access, ESA is providing the ATV and other components.

A full ATV mission costs between 450 and 500 million euros ($585-650 million), the ATV spacecraft itself accounting for around 350 million Euros ($450 million), the ESA said.

The space station is a $150 billion project by 15 nations. Modular in design, most of the elements were transported aboard American space shuttles or Russian heavy-lift rockets. A final ISS element is scheduled to be delivered in late 2013 using a Russian Proton rocket.

China has so far not participated in the ISS preferring to concentrate on its own planned space station, though preliminary talks have indicated a possible change of policy.

(Reporting by Alexander Miles; Editing by Michael Roddy)

View the original article here

Gloomy European Data Hits Austerity Plans


Register

Don’t have a MarketWatch account?


Get your FREE membership now »

By registering, you are agreeing to MarketWatch’s Terms of Service and to receiving periodic news and special offers via email about MarketWatch enhancements, products and services.

View the original article here

European Banks Use Delay Tactics


Register

Don’t have a MarketWatch account?


Get your FREE membership now »

By registering, you are agreeing to MarketWatch’s Terms of Service and to receiving periodic news and special offers via email about MarketWatch enhancements, products and services.

View the original article here