Access Pharmaceuticals Provides Update on MuGard Commercial Launch in North America
November 11 2009 - 9:00AM
PR Newswire (US)
European Launch Ongoing -- Initial Clinician And Patient Feedback
Very Positive DALLAS, Nov. 11 /PRNewswire-FirstCall/ -- ACCESS
PHARMACEUTICALS, INC. (OTC:ACCP) (BULLETIN BOARD: ACCP) , today
provided an update on its North American commercial launch of
MuGard, an FDA approved treatment for oral mucositis, a
debilitating side effect of radiation treatment and chemotherapy.
Access intends to commercially launch MuGard in North America in
the first quarter of 2010. Key strategic items pertaining to the
launch include: -- Manufacturing: Access is currently working with
its contract liquid manufacturer, Accupac, on initial clinical and
stability batches, and expects to have initial commercial
quantities available in 1Q 2010. -- Reimbursement: Access is
working with outside regulatory consultants in developing and
finalizing its reimbursement strategy as it pertains to third-party
payors and Medicare/Medicaid. -- Clinical: Consistent with
strategies employed by its global marketing partners, Access is
working with key opinion leaders to develop a strategy for
post-approval studies if and as needed. Access believes that its
approved label indication and directions for use supports
positioning MuGard as a preventative for oral mucositis caused by
radiation and chemotherapy treatments, and provides for expansion
into treatment of all types of oral wounds including aphthous
ulcers, canker sores and traumatic ulcers, such as those caused by
oral surgery. -- Marketing/Sales: Access has signed a deal with
iMedicor to support online eMarketing efforts and education of
oncologists, radiation oncologist and support staff as it pertains
to oral mucositis and MuGard specifically. Access intends to build
a hybrid, dedicated salesforce with oncology supportive care
experience. -- Co-Promotion: Access continues to seek potential
co-promotion arrangements with pharmaceutical and biotechnology
companies in the oncology and oncology supportive care fields.
Access believes that it can reach a targeted radiation oncologist
community while still seeking broader distribution relationships.
"Access is on track for an early 2010 commercial launch of MuGard,
and we look forward to bringing this important oncology supportive
care treatment to the US market," stated Frank Jacobucci, a
consultant to Access, and previously CEO of Milestone Biosciences.
"With the launch of MuGard, we believe clinicians will have a
welcome addition to their oncology supportive care arsenal, filling
a significant unmet medical need for a treatment of oral mucositis.
I have always known the substantial potential for MuGard in the
prevention and treatment of oral mucositis, as well as an exciting
commercial opportunity in the pharma sector." Mr. Jacobucci has
over 20 years experience in sales management, including senior
sales executive positions at oncology focused companies including
MGI Pharma, Genetics Institute, Wyeth Oncology, Aventis, Precision
Therapeutics and CRC Oncology Services. MuGard is a novel,
ready-to-use mucoadhesive oral wound rinse for the management of
oral mucositis, a debilitating side effect of many anticancer
treatments. Up to 80% of all patients receiving radiotherapy and
approximately 40% of all chemotherapy patients develop oral
mucositis, and almost all patients receiving radiotherapy for head
and neck cancer and those undergoing stem cell transplantation
develop mucositis. The market for the treatment of oral mucositis,
expanding to include all patients undergoing chemotherapy and
radiotherapy, is estimated to be in excess of $5 billion
world-wide. MuGard forms a protective coating over the oral mucosa
when swirled gently around the mouth. In a comparison of cancer
patients receiving standard mucositis care with those patients
receiving MuGard, the incidence and severity of mucositis was
significantly lower in the MuGard treated group using a validated
scale for the assessment of oral mucositis. MuGard is commercially
launched by Access' partner, SpePharm, in five European countries,
having been granted the CE mark certification in October 2008 with
the labeling "prevention and management of the lesions and symptoms
of oral mucositis." SpePharm is currently gathering feedback from
clinicians in the UK, Germany and Italy that are participating in a
patient assessment project. SpePharm expects that out of a total of
approximately 1500 to 2000 patients who will be assessed in this
project, a subset of patient forms will be collected by year end,
and aggregated clinician and patient feedback will continue to be
available on a rolling basis during the fourth quarter 2009 and
2010. Introduction of MuGard into France, Central and Eastern
Europe, the Benelux countries and the rest of Europe is anticipated
over the next 12 to 18 months. About Access: Access
Pharmaceuticals, Inc. is an emerging biopharmaceutical company that
develops and commercializes propriety products for the treatment
and supportive care of cancer patients. Access' products include
ProLindac(TM), currently in Phase 2 clinical testing of patients
with ovarian cancer, and MuGard(TM) for the management of patients
with mucositis. The company also has other advanced drug delivery
technologies including Cobalamin(TM)-mediated targeted delivery and
oral drug delivery, its proprietary nanopolymer delivery technology
based on the natural vitamin B12 uptake mechanism and Thiarabine, a
new generation nucleoside analog which has demonstrated both
pre-clinical and clinical activity in certain cancers. For
additional information on Access Pharmaceuticals, please visit our
website at http://www.accesspharma.com/. This press release
contains certain statements that are forward-looking within the
meaning of Section 27a of the Securities Act of 1933, as amended,
and that involve risks and uncertainties. These statements include
those relating to: clinical trial plans and timelines and clinical
results for ProLindac and product candidates acquired in the
MacroChem transaction, our ability to execute licensing agreements
in the future, Access' plans to continue and initiate clinical
trials, the value of its products in the market (including MuGard
and the size of the overall market for mucositis products), its
ability to achieve clinical and commercial success and its ability
to successfully develop marketed products. These statements are
subject to numerous risks, including but not limited Access' need
to obtain additional financing in order to continue the clinical
trial and operations and to the risks detailed in Access' Annual
Reports on Form 10-K and other reports filed by Access with the
Securities and Exchange Commission. Contact: Company Contact:
Investor Relations Stephen B. Thompson Donald C. Weinberger/Diana
Bittner (media) Vice President, Chief Wolfe Axelrod Weinberger
Assoc. LLC Financial Officer (212) 370-4500 Access Pharmaceuticals,
Inc. (214) 905-5100 DATASOURCE: Access Pharmaceuticals, Inc.
CONTACT: Stephen B. Thompson, Vice President, Chief Financial
Officer of Access Pharmaceuticals, Inc., +1-214-905-5100; or
Investor Relations, Donald C. Weinberger, or Diana Bittner (media),
both of Wolfe Axelrod Weinberger Assoc. LLC, +1-212-370-4500, for
Access Pharmaceuticals, Inc. Web Site: http://accesspharma.com/
Copyright