First German orders for Vasogen's Celcade system

24 December 2007

Canadian drugmaker Vasogen and Spain's Grupo Ferrer Internacional SA say they have received initial orders for the former's Celacade system in Germany. The product, which targets chronic inflammation associated with the development of heart failure, is being commercialized by Ferrer under an agreement the two firms signed earlier this year (Marketletter April 23).

A previously-reported study, known as ACCLAIM, showed that Celacade significantly reduced the risk of death and hospitalization in large pre-specified subgroups of patients with chronic heart failure. Specifically, in subjects categorized as having Class II disease according to New York Heart Association criteria, Celacade cut the likelihood of death 39%, while patients in NYHA Classes II to IV experienced a 26% reduction following treatment.

Vasogen's chief executive, Chris Waddick, said that the news represents a major step forward for Celacade. He added that "we are extremely pleased that Ferrer has secured these orders so quickly after completing pre-marketing activities."

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK







Today's issue

Company Spotlight