ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

CHIR Chiron (MM)

0.00
0.00 (0.00%)
Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type
Chiron (MM) NASDAQ:CHIR 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% 0 -

Procleix(R) West Nile Virus Assay Confirmed to Have Detected More Than 800 Infected Blood Donations

03/11/2003 5:01am

PR Newswire (US)


Chiron (NASDAQ:CHIR)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Chiron Charts.
Procleix(R) West Nile Virus Assay Confirmed to Have Detected More Than 800 Infected Blood Donations Updated Results From 2003 Mosquito Season Announced During American Association of Blood Banks Conference EMERYVILLE, Calif., Nov. 3 /PRNewswire-FirstCall/ -- Chiron Corporation today announced that the Procleix(R) West Nile Virus Assay has identified 861 blood donations confirmed to be infected with the West Nile virus (WNV) since the investigational-use-only assay was implemented at the beginning of the 2003 mosquito season. Since July 1, 2003, more than 80 percent of the blood donations in the United States have been screened for WNV using the Procleix(R) System, available in the United States under an FDA-approved Investigational New Drug (IND) protocol. Chiron made the announcement during the American Association of Blood Banks annual meeting in San Diego. "Blood is needed by someone in our country every two seconds. By identifying infected donations, we have potentially saved over a thousand people from receiving West Nile virus, since most whole blood donations are separated into multiple components that can be transfused into as many as three different recipients," said Jim MacPherson, chief executive officer, America's Blood Centers. "This should give Americans increased peace of mind about preventing transmission of the virus through the blood supply." "Once the West Nile virus emerged as a threat to the blood supply in 2002, the FDA, manufacturers and the blood bank community worked in unprecedented collaboration to reduce the risk the virus presented," said Jack Goldstein, president, Chiron Blood Testing. "As a result, the Procleix WNV Assay was available under IND in record time. Chiron is committed, in cooperation with its partner Gen-Probe, to continuing to bring new products to market that will increase the safety of the blood supply, including the Procleix(R) Ultrio(TM) Assay, which will add a hepatitis B assay to the existing Procleix HIV-1 and hepatitis C test." In October 2002, after several cases of WNV transmission were linked to blood transfusion, the FDA asked manufacturers of blood screening technologies to create a nucleic acid test (NAT) that could effectively screen donated blood for WNV. Chiron, and its collaborator Gen-Probe Incorporated, developed the Procleix WNV Assay in a record nine months, making it available in time for the 2003 mosquito season. About Procleix(R) West Nile Virus Assay The Procleix West Nile Virus (WNV) Assay, a highly sophisticated and sensitive blood-screening tool developed by Gen-Probe Incorporated and marketed by Chiron Corporation, demonstrated in pre-clinical testing the ability to detect very low levels of the virus in blood, even before the body develops antibodies against the virus. The Procleix WNV Assay utilizes the same NAT technology and instrumentation as the already FDA-approved Procleix(R) HIV-1/HCV Assay. About West Nile Virus The West Nile Virus causes flu-like symptoms in about 20 percent of those infected and can cause life-threatening illness in about 1 in 150. While the majority of West Nile infections are spread by insects -- primarily mosquitoes -- scientists confirmed last year that the virus can also be spread through blood transfusion and organ transplantation. An average 14 million blood donations are made annually in the United States, and 4.5 million lives are saved each year by blood transfusions. About Chiron Chiron Corporation, headquartered in Emeryville, California, is a global pharmaceutical company that leverages a diverse business model to develop and commercialize high-value products that make a difference in people's lives. The company has a strategic focus on cancer and infectious disease. Chiron applies its advanced understanding of the biology of cancer and infectious disease to develop products from its platforms in proteins, small molecules and vaccines. The company commercializes its products through three business units: BioPharmaceuticals, Vaccines and Blood Testing. For more information about Chiron, visit the company's website at http://www.chiron.com/. This news release contains forward-looking statements, including statements regarding sales growth, product development initiatives, new product marketing, acquisitions and in- and out-licensing activities that involve risks and uncertainties and are subject to change. A full discussion of the company's operations and financial condition, including factors that may affect its business and future prospects, is contained in documents the company has filed with the SEC, including the form 10-Q for the quarter ended June 30, 2003, and the form 10-K for the year ended December 31, 2002, and will be contained in all subsequent periodic filings made with the SEC. These documents identify important factors that could cause the company's actual performance to differ from current expectations, including the outcome of clinical trials, regulatory review and approvals, manufacturing capabilities, intellectual property protections and defenses, stock-price and interest-rate volatility, and marketing effectiveness. In particular, there can be no assurance that Chiron will increase sales of existing products, successfully develop and receive approval to market new products, or achieve market acceptance for such new products. There can be no assurance that Chiron's out-licensing activities will generate significant revenue, nor that its in-licensing activities will fully protect it from claims of infringement by third parties. In addition, the company may engage in business opportunities, the successful completion of which is subject to certain risks, including shareholder and regulatory approvals and the integration of operations. Consistent with SEC Regulation FD, we do not undertake an obligation to update the forward-looking information we are giving today. NOTE: Procleix is a trademark of Chiron Corporation. DATASOURCE: Chiron Corporation CONTACT: Chiron Corporate Communications& Investor Relations, media, +1-510-923-6500, or investors, +1-510-923-2300 Web site: http://www.chiron.com/

Copyright

1 Year Chiron Chart

1 Year Chiron Chart

1 Month Chiron Chart

1 Month Chiron Chart

Your Recent History

Delayed Upgrade Clock