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Auxilium Announces U.S. Food and Drug
Administration Approval for XIAFLEX™ for the Treatment of
Dupuytren's Contracture
Auxilium to Host Conference Call and Webcast on Wednesday,
February 3 at 8:30 a.m. Eastern Time
MALVERN, Pa., Feb 03, 2010 /PRNewswire via COMTEX/ -- Auxilium
Pharmaceuticals, Inc. (Nasdaq: AUXL), a specialty
biopharmaceutical company, just announced that it has received
marketing approval from the U.S. Food and Drug Administration
(FDA) for XIAFLEX™ (collagenase clostridium histolyticum), a
novel, first-in-class, orphan-designated, biologic, for the
treatment of adult Dupuytren's contracture patients with a
palpable cord. The Company expects to begin shipping XIAFLEX to
its distribution partners in early March in advance of a launch
planned for late March.
To view the multimedia assets associated with this release,
please click:
http://multivu.prnewswire.com/mnr/auxilium/41254/
"We believe the approval of XIAFLEX represents a major
breakthrough for patients suffering from the debilitating
effects of Dupuytren's contracture," said Armando Anido, Chief
Executive Officer and President of Auxilium. "XIAFLEX is the
only FDA-approved nonsurgical medical treatment for Dupuytren's
contracture. I want to thank the employees of Auxilium and all
of the clinical investigators who worked so hard to make this
breakthrough a reality."
The Company will market and sell XIAFLEX in the United States
through a team of approximately 100 field sales managers and
representatives, reimbursement specialists and managed market
account directors. In addition, a staff of 11 highly trained
medical science liaisons will provide medical support for
XIAFLEX. The Company has established a distribution network that
will allow health care providers to access XIAFLEX through
specialty distributors and specialty pharmacies or in the
institutional setting after they have undergone training on
XIAFLEX and its administration. For information and questions on
XIAFLEX, patients and physicians can contact Auxilium at
1-877-XIAFLEX.
"With the safety and effectiveness of XIAFLEX demonstrated
across multiple clinical trials, physicians can now use XIAFLEX
to treat any symptomatic cords in patients with Dupuytren's
contracture," said Larry Hurst, M.D., study investigator and
Professor and Chair, Department of Orthopaedics at SUNY Stony
Brook. "I believe that XIAFLEX, as a new nonsurgical treatment,
could potentially become the standard of care for Dupuytren's
contracture."
FDA has required a risk evaluation and mitigation strategy
(REMS) program for XIAFLEX, which consists of a communication
plan and a medication guide. This REMS is designed to (1)
evaluate and mitigate known and potential risks and serious
adverse events; (2) to inform healthcare providers about how to
properly inject XIAFLEX and perform finger extension procedures;
and, (3) to inform patients about the serious risks associated
with XIAFLEX. Auxilium plans to market XIAFLEX to physicians who
are experienced in injection procedures of the hand and
treatment of Dupuytren's contracture and will only provide
access to XIAFLEX after physicians have attested to completion
of a training program. The training program is available as a
video or written manual and demonstrates proper use and
administration of XIAFLEX, as well as an overview of both
identified and potential risks with XIAFLEX.
XIAFLEX's product insert is available via our website at
www.XIAFLEX.com.
XIAFLEX is a prescription medicine used to treat adults with
Dupuytren's contracture when a "cord" can be felt. Over time,
the thickening of this cord in your hand can cause one or more
fingers to bend toward your palm, so that you cannot straighten
them. XIAFLEX should be injected into the cord by a healthcare
provider who is experienced in injection procedures of the hand
and treating people with Dupuytren's contracture. XIAFLEX helps
"break" the cord that is causing the finger to be bent.
IMPORTANT SAFETY INFORMATION
XIAFLEX can cause serious side effects, including:
Tendon or ligament damage. Receiving an injection of XIAFLEX may
cause damage to a tendon or ligament in your hand and cause it
to break or weaken. This could require surgery to fix the
damaged tendon or ligament. Call your healthcare provider right
away if you have trouble bending your injected finger (towards
the wrist) after the swelling goes down or you have problems
using your treated hand after your follow-up visit.
Nerve injury or other serious injury of the hand. Call your
healthcare provider if you get numbness, tingling, or increased
pain in your treated finger or hand after your injection or
after your follow-up visit.
Allergic Reactions. Allergic reactions can happen in people who
have received an injection of XIAFLEX because it contains
foreign proteins. Call your healthcare provider right away if
you have any of these symptoms of an allergic reaction after an
injection of XIAFLEX: hives; swollen face; breathing trouble; or
chest pain.
Before receiving XIAFLEX, tell your healthcare provider if you
have had an allergic reaction to a previous XIAFLEX injection,
or have a bleeding problem or any other medical conditions. Tell
your healthcare provider about all the medicines you take,
including prescription and non-prescription medicines, vitamins,
and herbal supplements. Be sure to tell them if you use blood
thinners such as aspirin, clopidogrel (Plavix(R)), prasugrel
hydrochloride (Effient(R)), or warfarin sodium (Coumadin(R)).
Common side effects with XIAFLEX include: swelling of the
injection site or the hand, bleeding or bruising at the
injection site; and pain or tenderness of the injection site or
the hand, swelling of the lymph nodes (glands) in the elbow or
underarm, itching, breaks in the skin, redness or warmth of the
skin, and pain in the underarm.
Please see Full Prescribing Information and Medication Guide.
Conference Call
Auxilium will hold a conference call February 3 at 8:30 a.m. ET,
to discuss the U.S. approval of XIAFLEX for the treatment of
Dupuytren's contracture and other related topics. The conference
call will be simultaneously web cast on Auxilium's web site and
archived for future review until March 3, 2010.
Conference call details:
Date:Wednesday, February 3, 2010
Time:8:30 a.m. ET
Dial-in (U.S.): 866-202-1971
Dial-in (International): 617-213-8842
Web cast:http://www.auxilium.com
Passcode:Auxilium
To access an audio replay of the call:
Access number (U.S.):888-286-8010
Access number (International): 617-801-6888
Replay Passcode #: 90800506
About Dupuytren's Contracture
Dupuytren's contracture is a condition that affects the
connective tissue that lies beneath the skin in the palm. The
disease is progressive in nature. Typically, skin pits then
nodules develop in the palm as collagen deposits accumulate. As
the disease progresses, the collagen deposits form a cord that
stretches from the palm of the hand to the base of the finger.
Once this cord develops, the patient's fingers contract and the
function of the hand is impaired. Currently, surgery is the only
effective treatment. The incidence of Dupuytren's disease,
inclusive of pits, nodules and cords, is highest in Caucasians,
historically those of Northern European descent, with a global
prevalence of three to six percent of the Caucasian population.
(1) Most cases of Dupuytren's contracture occur in patients
older than 50 years. (2)
The most frequently affected parts of the hand associated with
Dupuytren's contracture are the joints called the Metacarpal
Phalangeal Joint, or MP joint, which is the joint closest to the
palm of the hand and the Proximal Intra-Phalangeal Joint, or the
PIP joint, which is the middle joint in the finger. The little
finger and ring finger are most frequently involved. XIAFLEX is
the only drug approved by the U.S. Food and Drug Administration
for treatment of Dupuytren's contracture, which has historically
been treated primarily by an open surgical procedure.
(1) Hurst, L. C. et al., Injectable Collagenase Clostridium
Histolyticum for Dupuytren's Contracture, New England Journal of
Medicine, (2009; 361:968-979)
(2) Badalamente, M. A., Hurst, L. C. et al., Collagen as a
Clinical Target: Nonoperative Treatment of Dupuytren's Disease,
The Journal of Hand Surgery, (2002; 27A:788-798)
About Auxilium
Auxilium Pharmaceuticals, Inc. is a specialty biopharmaceutical
company with a focus on developing and marketing to urologists,
endocrinologists, orthopedists and select primary care
physicians. Auxilium will market XIAFLEX™ (collagenase
clostridium histolyticum) for the treatment of adult Dupuytren's
contracture patients with a palpable cord and markets Testim(R)
1%, a topical testosterone gel, for the treatment of
hypogonadism. Auxilium has four projects in clinical
development. XIAFLEX is in phase IIb of development for the
treatment of Peyronie's disease and is in phase II of
development for treatment of Frozen Shoulder syndrome (Adhesive
Capsulitis). Auxilium's transmucosal film product candidate for
the treatment of overactive bladder (AA4010) and its fentanyl
pain product using its transmucosal delivery system are in phase
I of development. The Company is currently seeking a partner to
further develop these product candidates. Auxilium has rights to
additional pain products and products for hormone replacement
and urologic disease using its transmucosal film delivery
system. Auxilium also has options to all indications using
XIAFLEX for non-topical formulations. For additional
information, visit
http://www.auxilium.com.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES
LITIGATION REFORM ACT OF 1995
This release contains "forward-looking-statements" within the
meaning of The Private Securities Litigation Reform Act of 1995,
including statements regarding the date on which the Company
will ship XIAFLEX for the treatment of Dupuytren's to its
distribution partners; the timing of launch of XIAFLEX; the
number of field sales managers and representatives,
reimbursement specialists and managed market account directors,
and medical science liaisons supporting XIAFLEX; the
distribution network for XIAFLEX; the design of the risk
evaluation and mitigation strategy for XIAFLEX; the access to
XIAFLEX by only physicians who are experienced in the injection
procedures of the hand and treatment of Dupuytren's contracture
after they had attested to completion of a training program; the
number of patients with Dupuytren's contracture; products in
development for Peyronie's disease, Frozen Shoulder syndrome,
overactive bladder, pain, hormone replacement and urologic
disease; and all other statements containing projections,
statements of future performance or expectations, our beliefs or
statements of plans or objectives for future operations
(including statements of assumption underlying or relating to
any of the foregoing). Forward-looking statements can generally
be identified by words such as "believe," "appears," "may,"
"could," "will," "estimate," "continue," "anticipate," "intend,"
"should," "plan," "expect," and other words and terms of similar
meaning in connection with any discussion of projections, future
performance or expectations, beliefs, plans or objectives for
future operations (including statements of assumption underlying
or relating to any of the foregoing). Actual results may differ
materially from those reflected in these forward-looking
statements due to various factors, including further evaluation
of clinical data, results of clinical trials, decisions by
regulatory authorities as to whether and when to approve drug
applications, and general financial, economic, regulatory and
political conditions affecting the biotechnology and
pharmaceutical industries and those discussed in Auxilium's
Annual Report on Form 10-K for the year ended December 31, 2008,
in Auxilium's Quarterly Report on Form 10-Q for the period ended
June 30, 2009 and in Auxilium's Quarterly Report on Form 10-Q
for the period ended September 30, 2009 under the heading "Risk
Factors", which are on file with the Securities and Exchange
Commission (the "SEC") and may be accessed electronically by
means of the SEC's home page on the Internet at
http://www.sec.gov or by means of Auxilium's home page on the
Internet at http://www.Auxilium.com under the heading "For
Investors -- SEC Filings." There may be additional risks that
Auxilium does not presently know or that Auxilium currently
believes are immaterial which could also cause actual results to
differ from those contained in the forward-looking statements.
Given these risks and uncertainties, any or all of these
forward-looking statements may prove to be incorrect. Therefore,
you should not rely on any such factors or forward-looking
statements.
In addition, forward-looking statements provide Auxilium's
expectations, plans or forecasts of future events and views as
of the date of this release. Auxilium anticipates that
subsequent events and developments will cause Auxilium's
assessments to change. However, while Auxilium may elect to
update these forward-looking statements at some point in the
future, Auxilium specifically disclaims any obligation to do so.
These forward-looking statements should not be relied upon as
representing Auxilium's assessments as of any date subsequent to
the date of this release.
For More Information:
James E. Fickenscher
Chief Financial Officer
Auxilium Pharmaceuticals, Inc.
1-484-321-5900
jfickenscher @auxilium.com
William Q. Sargent Jr.
Vice-President
Investor Relations and Corporate Communications
1-484-321-5900
wsargent @auxilium.com
Source
Auxilium Pharmaceuticals, Inc.
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