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ALTH Allos Therapeutics, Inc. (MM)

1.83
0.00 (0.00%)
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Last Updated: 01:00:00
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Share Name Share Symbol Market Type
Allos Therapeutics, Inc. (MM) NASDAQ:ALTH NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.83 0 01:00:00

Allos Completes New Drug Application for Novel Treatment for Patients With Breast Cancer and Brain Metastases

04/12/2003 11:00am

PR Newswire (US)


Allos Therapeutics, Inc. (MM) (NASDAQ:ALTH)
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Allos Completes New Drug Application for Novel Treatment for Patients With Breast Cancer and Brain Metastases WESTMINSTER, Colo., Dec. 4 /PRNewswire-FirstCall/ -- Allos Therapeutics, Inc. today announced it has submitted to the U.S. Food and Drug Administration (FDA) the last component of its New Drug Application (NDA) for approval to market RSR13 (efaproxiral) as an adjunct to whole brain radiation therapy for the treatment of brain metastases from breast cancer. The company submitted the first component of its NDA for RSR13 in August 2003 under the FDA's rolling submission process and has now completed this process with the submission of clinical efficacy and safety data. With the entire NDA submission now completed, the FDA has 60 days to notify the company of whether or not it will accept the NDA for filing and respond to the company's request for priority review of the application. The electronic submission was produced in an internationally agreed upon format (eCTD) that facilitates regulatory review in the United States, Europe and Japan. The company plans to submit a Marketing Authorization Application (MAA) in Europe for this indication in the first quarter of 2004. RSR13 is the first of a new class of pharmaceutical agents being developed as a radiation sensitizer to be used as an adjunct to radiation therapy. A synthetic small molecule, RSR13 decreases the hemoglobin-oxygen binding affinity, which facilitates the release of oxygen from hemoglobin. The presence of oxygen in tumors is an essential element for the effectiveness of radiation therapy in the treatment of cancer. By increasing the oxygenation of tumor tissues at the time of treatment, RSR13 has the potential to sensitize hypoxic (oxygen deprived) tissues and enhance the efficacy of standard radiation therapy. Unlike chemotherapeutics or other radiosensitizers, RSR13 does not have to cross the blood brain barrier or enter the tumor to be effective. The final component of the NDA contains safety and efficacy data from over 700 patients treated with RSR13 under 17 study protocols and is based largely on the company's recently completed pivotal Phase 3 clinical trial, one of the largest randomized studies ever conducted in patients with brain metastases. Detailed results of this Phase 3 trial were presented at The Society for Neuro-Oncology Annual Meeting in November 2003. The submission also includes supporting data from three Phase 2 studies of RSR13 in patients with brain metastases, primary non-small cell lung cancer and glioblastoma multiforme. "This submission represents a significant milestone for patients, employees and shareholders," said Michael E. Hart, President and CEO of Allos Therapeutics, Inc. "If approved, RSR13 will provide women battling brain metastases from breast cancer with the first therapeutic specifically designed to improve the efficacy of standard whole brain radiation therapy." About Brain Metastases in Breast Cancer Patients Approximately 200,000 women and 1,300 men will be diagnosed with breast cancer in the United States in 2003. Approximately 20-to-30 percent of these breast cancer patients will develop brain metastases. The most common type of brain cancer, brain metastases are tumors that have spread to the brain from a malignant tumor in another part of the body. This condition occurs in approximately one out of five cancer patients, most often in patients with breast cancer or non-small cell lung cancer. There are approximately 175,000 annual cases of brain metastases in the U.S. Standard whole-brain radiation is the primary palliative therapy for treating patients with brain metastases and has been shown to prevent or reduce complications and to increase survival. About Allos Therapeutics, Inc. Allos Therapeutics, Inc. is a biopharmaceutical company focused on developing and commercializing innovative drugs for improving cancer treatments. The company's lead clinical candidate, RSR13, is a synthetic small molecule that has the potential to sensitize hypoxic (oxygen deprived) tumor tissues and enhance the efficacy of standard radiation therapy. In addition, Allos is developing PDX, a novel small molecule cytotoxic injectable antifolate (DHFR inhibitor) being developed for non-small cell lung cancer, mesothelioma and non-Hodgkin's lymphoma. For more information, please visit the company's web site at: http://www.allos.com/ . This announcement contains forward-looking statements that involve risks and uncertainties. Future events may differ materially from those discussed herein due to a number of factors, including, but not limited to, risks and uncertainties related to whether or not the FDA will accept the company's NDA for submission for filing, the company's ability to complete the submission of its MAA to European authorities on schedule and in accordance with regulatory requirements, and the company's ability to obtain regulatory approval for RSR13 in the U.S., Europe or any other jurisdiction, as well as other risks and uncertainties detailed from time to time in the company's SEC filings, including its Annual Report on Form 10-K for the year ended December 31, 2002. All forward-looking statements are based on information currently available to the company on the date hereof, and the company assumes no responsibility to update such statements. DATASOURCE: Allos Therapeutics, Inc. CONTACT: Monique M. Greer, VP, Corporate Communications and Investor Relations of Allos Therapeutics, Inc., +1-720-540-5241, or cell, +1-970-215-3260, ; or media, Fern Lazar of Lazar Partners Limited, cell, +1-917-362-2264, , for Allos Therapeutics, Inc. Web site: http://www.allos.com/

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