Gentium S.p.A. Announces FDA Agrees Company's CMC Submission is Adequate for Commencing Phase III Clinical Trials with Defibroti
July 13 2005 - 4:05PM
Business Wire
Gentium S.p.A. (AMEX:GNT) (the "Company") announced today that the
U.S. Food and Drug Administration (the "FDA") has agreed that
Gentium's Chemistry, Manufacturing & Controls ("CMC")
submission provides adequate characterization of Defibrotide for
the Company's planned Phase III clinical trial for the treatment of
hepatic veno-occlusive disease ("VOD") with multi-organ failure
("Severe VOD"). Defibrotide to treat Severe VOD, which has been
granted orphan drug status by the FDA, is the Company's lead
product candidate in the U.S. An adequate CMC submission is one of
the pre-requisites to commencing Phase III clinical trials. Dr.
Laura Ferro, Chairman and Chief Executive Officer of the Company,
said, "The FDA's acknowledgment of the adequacy of our CMC
submission for commencing Phase III clinical studies is a major
milestone in our U.S. regulatory strategy for Defibrotide to treat
Severe VOD. We are both excited and pleased to have completed this
step, and look forward to meeting with the FDA later this year to
discuss initiating our Phase III trial." About VOD VOD is a
potentially devastating condition in which some of the veins in the
liver are blocked as a result of toxic cancer treatments such as
chemotherapy. We believe that the survival rate for Severe VOD
without treatment after 100 days is approximately 20%. About the
Company The Company, located in Villa Guardia (Como), Italy, is a
biopharmaceutical company focused on the research, discovery and
development of drugs derived from DNA extracted from natural
sources and drugs which are synthetic oligonucleotides (molecules
chemically similar to natural DNA) to treat and prevent a variety
of vascular diseases and conditions related to cancer and cancer
treatments. Cautionary Note Regarding Forward-Looking Statements
This press release contains "forward-looking statements." In some
cases, you can identify these statements by forward-looking words
such as "may," "might," "will," "should," "expect," "plan,"
"anticipate," "believe," "estimate," "predict," "potential" or
"continue," the negative of these terms and other comparable
terminology. These statements are not historical facts but instead
represent the Company's belief regarding future results, many of
which, by their nature, are inherently uncertain and outside the
Company's control. It is possible that actual results may differ,
possibly materially, from those anticipated in these
forward-looking statements. For a discussion of some of the risks
and important factors that could affect future results, see the
discussion in our Prospectus filed with the Securities and Exchange
Commission under Rule 424(b)(4) under the caption "Risk Factors."
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