ROCKVILLE, Md.--(BUSINESS WIRE)--Mar. 17, 2009--
Emergent BioSolutions Inc. (NYSE:EBS) announced today that the Phase
I/II clinical trial for its Anthrax Immune Globulin (AIG) therapeutic
candidate has commenced with the initial treatment given to the first
subject. AIG, which is intended for the treatment of inhalational
anthrax disease, is the company’s polyclonal therapeutic candidate
developed using plasma collected from healthy donors, who have been
vaccinated with Emergent’s BioThrax® (Anthrax Vaccine
Adsorbed), the only vaccine approved by the U.S. Food and Drug
Administration (FDA) for the prevention of anthrax infection.
“The initiation of this clinical trial is a significant milestone that
marks our continued commitment to the AIG program and to the expansion
of our anthrax product franchise,” said Dr. Stephen Lockhart, Senior
Vice President Product Development of Emergent BioSolutions. “AIG is an
integral component of our efforts to develop safe and effective
treatments for patients to be used in the event of a biological attack.”
The clinical trial will evaluate the safety and pharmacokinetics of AIG
in 120 healthy adult volunteers. The study is designed to evaluate three
dose levels of a single intravenous infusion of AIG compared to GAMUNEX®*,
a licensed immune globulin therapy for people with primary
immunodeficiency or idiopathic thrombocytopenic purpura. AIG is
manufactured using the FDA-approved GAMUNEX process. In addition, a
fourth cohort receiving two intravenous infusions of AIG or GAMUNEX at
equivalent doses administered two days apart will be evaluated.
Emergent BioSolutions received concurrence from the FDA and approval
from an Institutional Review Board on January 23, 2009 to begin this
clinical trial. The clinical trial will be conducted at SNBL Clinical
Pharmacology Center, a state-of-the-art clinical trial unit located in
Baltimore, Maryland. This project has been funded in whole or in part
with Federal funds from the Biomedical Advanced Research and Development
Authority, Department of Health and Human Services, in conjunction with
the National Institute of Allergy and Infectious Diseases, National
Institutes of Health, Department of Health and Human Services, under
Contract No HHSN272200700034.
For more information about the AIG clinical trial, visit www.ClinicalTrials.gov.
About Anthrax Immune Globulin
Emergent BioSolutions’ Anthrax Immune Globulin (AIG) is being developed
as an intravenous therapeutic for treatment of patients who present with
symptoms of anthrax disease resulting from the release of anthrax toxins
into the body. If successfully developed, AIG could be prescribed for
administration in these circumstances in conjunction with antibiotics.
AIG is being developed using plasma collected from healthy donors who
have been vaccinated with BioThrax® (Anthrax Vaccine
Adsorbed), the only vaccine approved by the U.S. Food and Drug
Administration for the prevention of anthrax infection.
About Emergent BioSolutions Inc.
Emergent BioSolutions Inc. is a biopharmaceutical company focused on the
development, manufacture and commercialization of vaccines and
immune-related therapeutics that assist the body’s immune system to
prevent or treat disease. Emergent’s marketed product, BioThrax®
(Anthrax Vaccine Adsorbed), is the only vaccine approved by the U.S.
Food and Drug Administration for the prevention of anthrax. Emergent’s
development pipeline includes programs focused on anthrax, botulism,
typhoid, tuberculosis, hepatitis B and chlamydia. Additional information
may be found at www.emergentbiosolutions.com.
Safe Harbor Statement
This press release includes forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Any
statements, other than statements of historical fact, including
statements regarding our strategy, future operations, future financial
position, future revenues, projected costs, prospects, plans and
objectives of management, including any potential future securities
offering, and any other statements containing the words “believes”,
“expects”, “anticipates”, “plans”, “estimates” and similar expressions,
are forward-looking statements. There are a number of important factors
that could cause the company's actual results to differ materially from
those indicated by such forward-looking statements, including the
success of our clinical programs; our plans to expand our manufacturing
facilities and capabilities; the rate and degree of market acceptance
and clinical utility of our products; the timing of and our ability to
obtain and maintain regulatory approvals for our other product
candidates; our commercialization, marketing and manufacturing
capabilities and strategy; our estimates regarding expenses, future
revenue, capital requirements and needs for additional financing; and
other factors identified in the company's annual report on Form 10-K for
the year ended December 31, 2008 and subsequent reports filed with the
SEC. The company disclaims any intention or obligation to update any
forward-looking statements as a result of developments occurring after
the date of this press release.
* GAMUNEX® is a registered trademark of Talecris
Biotherapeutics, Inc.
Source: Emergent BioSolutions Inc.
Emergent BioSolutions Inc.
Investors Contact:
Robert
G. Burrows
Vice President, Investor Relations
301-795-1877
BurrowsR@ebsi.com
or
Media
Contact:
Tracey Schmitt
Vice President, Corporate
Communications
301-795-1800
SchmittT@ebsi.com