Non Regulatory Announcement
January 11 2010 - 7:00AM
RNS Non-Regulatory
TIDMHIK
Hikma Pharmaceuticals Plc
11 January 2010
Hikma announces partnership with BioCryst for its pandemic flu product
London, 11 January 2009: Hikma Pharmaceuticals PLC ("Hikma") (LSE:HIK) (NASDAQ
Dubai: HIK), a leading speciality pharmaceutical company, announces that it has
signed an exclusive agreement to represent BioCryst in respect of its anti-viral
product peramivir for pandemic flu treatment stockpiling opportunities with
governments in the Middle East and North Africa ('MENA) region.
Said Darwazah, Hikmas Chief Executive Officer commented: "This agreement
reinforces our position as the partner of choice in the MENA region. BioCryst
has received peramivir emergency use enquiries from a number of countries in
MENA, and we look forward to working with BioCryst to make peramivir available
during the ongoing influenza pandemic, leveraging our regulatory and commercial
capabilities across 17 markets in the region."
=- ENDS -
Enquiries
Hikma Pharmaceuticals PLC
Susan Ringdal, Investor Relations Director Tel: +44 (0)20 7399 2760
Brunswick Group
Jon Coles / Justine McIlroy Tel: +44 (0)20 7404 5959
About peramivir
Peramivir is an intravenously administered anti-viral agent developed to deliver
high plasma concentrations to the sites of infection. Discovered by BioCryst,
peramivir inhibits the interactions of influenza neuraminidase, an enzyme which
is critical to the spread of influenza within a host. In laboratory tests,
peramivir has shown activity against multiple influenza strains, including
pandemic H1N1 swine origin flu viral strains. Peramivir has been studied in over
1800 patients with complicated and uncomplicated influenza. Shionogi & Co., Ltd.
has filed for regulatory approval in Japan. On October 23, 2009, BioCryst
announced that the U.S. Food and Drug Administration (FDA) issued an emergency
use authorization (EUA) for i.v. peramivir in certain adult and pediatric
patients with confirmed or suspected 2009 H1N1 influenza A infection who are
admitted to a hospital. Additional information regarding the peramivir EUA is
available on the web at: http://www.cdc.gov/h1n1flu/eua/.
BioCryst is currently enrolling patients in two peramivir Phase 3 studies
intended to support U.S. regulatory approval for influenza. Approximately 300
study locations are targeted to participate in these studies globally.
About Hikma
Hikma Pharmaceuticals PLC is a fast growing multinational group focused on
developing, manufacturing and marketing a broad range of both branded and
non-branded generic and in-licensed products. Hikma's operations are conducted
through three businesses: "Branded", "Injectables" and "Generics" based
principally in the Middle East and North Africa ("MENA") region, where it is a
market leader, the United States and Europe. In 2008, Hikma achieved revenues of
$581 million and profit attributable to shareholders of $57 million. For news
and other information, please visit www.hikma.com.
About the MENA region
The MENA region has a population of 270 million people and comprises the
following countries: Morocco, Algeria, Tunis, Libya, Egypt, Sudan, Jordan,
Lebanon, Syria, Iraq, Kuwait, Bahrain, Qatar, United Arab Emirates, Saudi
Arabia, Yemen and Oman.
About BioCryst
BioCryst Pharmaceuticals designs, optimizes and develops novel small-molecule
pharmaceuticals that block key enzymes involved in infectious diseases, cancer
and inflammatory diseases. BioCryst has progressed two novel compounds into
late-stage pivotal clinical trials; peramivir, an anti-viral for influenza, and
forodesine, a purine nucleoside phosphorylase (PNP) inhibitor for cutaneous
T-cell lymphoma (CTCL). Utilizing crystallography and structure-based drug
design, BioCryst continues to discover additional compounds and to progress
others through pre-clinical and early development to address the unmet medical
needs of atients and physicians. For more information, please visit the
Company's Web site at www.biocryst.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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