Clinigen Group plc Clinigen acquires global rights to Imukin®
July 25 2018 - 2:01AM
RNS Non-Regulatory
TIDMCLIN
Clinigen Group plc
25 July 2018
RNS Reach
25 July 2018
Clinigen acquires global rights to Imukin(R)
from Horizon Pharma
Clinigen Group plc (AIM: CLIN, 'Clinigen' or the 'Group'), the
global pharmaceutical and services company, has acquired the global
rights to Imukin(R) (recombinant human interferon gamma-1b) from
Horizon Pharma plc ('Horizon'). Horizon will retain the rights to
Actimmune(R) (recombinant human interferon gamma-1b) in the US,
Canada and Japan.
Imukin(R) is licensed in 19 countries globally to reduce the
frequency of serious infections in patients with Chronic
Granulomatous Disease (CGD) and for the treatment of Severe
Malignant Osteopetrosis (SMO), both considered rare conditions.
Clinigen will revitalise Imukin(R) by working with healthcare
professionals to ensure its benefits to patients are well
understood. The Group will also make the medicine available to
those who need it through the Group's global distribution network
for both licensed and unlicensed supply.
Imukin(R) is the second global acquisition of a biologic by
Clinigen following the acquisition of the global rights (outside
the US) of Proleukin(R) from Novartis on 17 July 2018.
Shaun Chilton, Group Chief Executive Officer, Clinigen,
said:
"Imukin(R) strengthens our commercial offering and represents a
good strategic fit with our medicines portfolio growth strategy
focused on products in oncology and rare diseases."
David Bryant, Chief Business Officer, Clinigen, said:
"Our second acquisition in recent weeks delivers on our long
term strategy of acquiring global rights to assets with the aim of
revitalising and returning them back to the broadest possible
access."
- Ends -
Contact details
Clinigen Group plc Tel: +44 (0) 1283 495010
David Bryant, Chief Business Officer
Matt Parrish, Head of Investor Relations
Numis Securities Limited Tel: +44 (0) 20 7260 1000
Michael Meade / Freddie Barnfield (Nominated
Adviser)
James Black / Tom Ballard (Corporate
Broking)
RBC Capital Markets - Joint Broker Tel: +44 (0) 20 7653 4000
Marcus Jackson / Elliot Thomas
Instinctif Partners Tel: +44 (0) 20 7457 2020
Melanie Toyne-Sewell / Alex Shaw / Email: clinigen@instinctif.com
Deborah Bell
Notes to Editors
About Imukin(R) (recombinant human interferon gamma-1b)
Interferon gamma is a cytokine with antiviral and
immunomodulating effects. Interferon gamma-1b is used for its
action as a macrophage-stimulating factor as an adjunct to
antimicrobial therapy in chronic granulomatous disease. It is also
used to reduce the frequency of serious infections in patients with
severe malignant osteopetrosis.
About Chronic Granulomatous Disease (CGD)
Chronic granulomatous disease is a heterogeneous group of
inherited disorders characterized by recurrent pyogenic infections
that usually begin early in life and may lead to death in
childhood. The incidence of CGD in the United States and Europe is
around 1 in 200,000 to 1 in 250,000 live births, however the
incidence varies significantly worldwide. Although the genetic
basis for this disease is well known, the expected clinical course
and outcome have only partially been defined, owing to its sporadic
occurrence.
About Severe Malignant Osteopetrosis (SMO)
Osteopetrosis is an orphan disease, typically present during
childhood, and if untreated, most patients die during the first
decade of life due to recurrent infections. Approximately 70% of
these patients die before the age of 6 years. Malignant or
infantile autosomal recessive osteopetrosis is a rare but severe
disorder with an average incidence of 1:300 000.
About Clinigen Group
Clinigen Group plc (AIM: CLIN) is a global pharmaceutical and
services company with a unique combination of businesses focused on
providing ethical access to medicines. Its mission is to deliver
the right medicine to the right patient at the right time through
three areas of global medicine supply; clinical trial, unlicensed
and licensed medicines.
Clinical Trial Services
Clinigen is the global market leader in the specialist supply
and management of quality-assured comparator medicines and services
to clinical trials and Investigator Initiated Trials.
Unlicensed Medicines
Clinigen is the global leader in ethically sourcing and
supplying unlicensed medicines to hospital pharmacists and
physicians for patients with a high unmet medical need. The Group
manages early access programmes to innovative new medicines and
provides 'on demand' access globally to medicines which remain
unlicensed at the point of care.
Commercial Medicines
Clinigen acquires global rights to niche hospital only and
critical care products, revitalising these assets around the world
and returning them back to sustained growth. It also provides
access to licensed and branded generic medicines in the Africa and
Asia Pacific region.
The Group also has an 'unlicensed to licensed' strategy, where
it looks to take unlicensed medicines with commercial potential and
licence them, helping to address unmet medical need and allowing
the Group to capitalise on its market-leading positions.
For more information on Clinigen, please visit
www.clinigengroup.com
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END
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