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09.02.2010
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Launch of Ipsen’s Decapeptyl® 6-month formulation (LP 22.5 mg) in France for the treatment of locally advanced or metastatic hormone-dependent prostate cancer
PRESS RELEASES
| Pfizer and Debiopharm collaborate to co-develop investigational compound tremelimumab (CP-675,206) in advanced melanoma |
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Lausanne, Switzerland and New York, N.Y., January 7, 2010 - Debiopharm Group™ (Debiopharm) and Pfizer Inc. (Pfizer) announced today that they have entered into a co-development agreement to conduct a Phase 3 trial of tremelimumab (CP675,206), a fully human anti-CTLA4 monoclonal antibody for the treatment of patients with unresectable, Stage IV melanoma. A biomarker will be used to select patients considered likely to respond to tremelimumab. Under the terms of the agreement, Debiopharm will assume responsibility for conducting the Phase 3 trial of tremelimumab and Pfizer will retain responsibility for worldwide commercialization of the compound. Melanoma, the deadliest form of skin cancer, occurs in about 69’000 patients in the United States each year, and results in about 9’000 deaths. The number of melanoma cases worldwide is increasing faster than any other cancer. Pfizer’s investigational drug, tremelimumab (CP675,206), currently in phase 2, is a fully human IgG2 monoclonal antibody which has been in development for the treatment of advanced melanoma. In April 2008, Pfizer announced that it had discontinued a Phase 3 clinical trial for patients with advanced melanoma after the Data Safety Monitoring Board (DSMB) review of interim data showed that the trial would not demonstrate superiority to standard chemotherapy. Analysis of the data from this trial identified the biomarker which will be used in patient selection for the upcoming trial. “The continuation of the clinical development of tremelimumab with our partner, Debiopharm, is a demonstration of our commitment to personalized medicine for cancer patients,” said Garry Nicholson, president and general manager of Pfizer’s Oncology Business Unit. “Debiopharm is a successful company which has achieved impressive results on a global scale. This co-development partnership is an opportunity to leverage the combined expertise of both companies in this innovative endeavor.”
Thierry Mauvernay, Executive Vice President, Debiopharm Group™ said, “Debiopharm and Pfizer share the same vision of personalized medicine for the benefit of patients and to enhance the effectiveness of medicine. We are proud to enter into a unique co-development partnership with Pfizer to address the unmet medical needs of Melanoma patients.”
About Pfizer Oncology For more information please visit www.pfizer.com.
Pfizer Inc: Working together for a healthier world™
About Debiopharm Group™ Debiopharm independently funds the worldwide development of all of its products while providing expertise in pre-clinical and clinical trials, manufacturing, drug delivery and formulation, and regulatory affairs. Founded in 1979 and headquartered in Lausanne, Switzerland, Debiopharm has developed four products with global combined sales of $2.6 billion in 2008. For more information on Debiopharm Group™, please visit: www.debiopharm.com PFIZER DISCLOSURE NOTICE: The information contained in this release is as of January 7, 2010. Pfizer assumes no obligation to update forward-looking statements contained in this release as the result of new information or future events or developments. This release contains forward-looking information that involves substantial risks and uncertainties about a product candidate, tremelimumab, including its potential benefits. Such risks and uncertainties include, among other things, the uncertainties inherent in drug research and development, including whether and when such product candidate will advance to Phase 3; decisions by regulatory authorities regarding whether and when to approve any drug applications that may be filed for such product candidate, as well as their decisions regarding labeling and other matters that could affect its availability or commercial potential; and competitive developments. A further description of risks and uncertainties can be found in Pfizer’s Annual Report on Form 10-K for the fiscal year ended December 31, 2008 and in its reports on Form 10-Q and Form 8-K.
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