Celgene: Vidaza shows 'significant overall survival' benefit in EU study

Date : 06/13/2008 @ 12:35PM
Source : TFN
Stock : Celgene Corp (CELG)
Quote : 67.49  -2.12 (-3.05%) @ 8:00PM
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Celgene: Vidaza shows 'significant overall survival' benefit in EU study

        SAN FRANCISCO (Thomson Financial) - Celgene Corp.'s Celgene International
Sarl unit said Friday that data showed its Vidaza drug provides a "significant
overall survival benefit" for patients with higher-risk myelodysplastic
syndromes.
    Vidaza was compared with low-dose Ara-C in the United Kingdom and France,
and compared with best supportive care in Germany, Italy, Sweden, Greece, Spain
and the Netherlands, Celgene said.
    In May 2004, Vidaza was approved in the United States by for the treatment
of patients with myelodysplastic syndromes.
    "These data reinforce Vidaza's role and the importance of this epigenetic 
drug in the treatment paradigm for higher-risk MDS patients," said Valeria
Santini, lead investigator of the trial, in a statement. "These results continue
to show that Vidaza can provide a significant overall survival benefit
regardless of which regimen is used for comparison." 
    The data was presented at the 13th Congress of the European Hematology
Association in Copenhagen, Denmark. 
    Shares of Summit, N.J.-based Celgene were up $1.13, or 1.9%, at $59.88.
Katherine Hunt
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