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Share Name | Share Symbol | Market | Type |
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Scana Corp. (delisted) | NYSE:SCG | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 47.78 | 0.00 | 00:00:00 |
RNS Number:4319I Schering AG 07 March 2003 Second phase III study for Magnetic Resonance blood pool contrast agent MS-325 successfully completed Berlin, March 7, 2003 - Schering AG, Berlin (FSE: SCH, NYSE: SHR) announced today the results from the second Phase III clinical trial with MS-325 in patients with suspected aortoiliac vascular disease. The positive results demonstrate the potential efficacy and clinical utility of MS-325-enhanced magnetic resonance angiography (MRA) in detecting vascular diseases. MS-325 is developed by EPIX Medical (Nasdaq: EPIX) and Schering AG and is the first blood pool MRI contrast agent for vascular imaging in the final stages of Phase III. The clinical trial was conducted in patients around the world by EPIX. Schering has exclusive worldwide sales and marketing rights to MS-325. "We are pleased that the data from this clinical trial demonstrate the utility of MS-325 enhanced MRA and look forward to providing a new clinical tool which could have a significant impact in the diagnosis and management of vascular diseases", said Michael Rook, Head of Diagnostics and Radiopharmaceuticals at Schering AG, " With MS-325, we will continue to build on our market leadership in MR contrast media". Contrast enhanced MRA using MS-325 may reduce the frequency of invasive X-ray angiography procedures, which can be associated with significant complications. MS-325 offers the potential of accurate identification of arterial blockages and abnormalities with a minimally-invasive method, while providing physicians with a 3-D visualization of the vascular system without ionizing radiation. About MS-325 MS-325 is a gadolinium-based MRI blood pool agent. It is the first MRI contrast agent optimized for prolonged vascular enhancement. After intravenous injection, MS-325 binds reversibly to human serum albumin in plasma thus providing an extended imaging time window over currently available contrast agents. MS-325 is designed to provide more flexibility and versatility including high resolution scans in the clinical practice of MRA. About the MS-325 Trial In this second of four planned Phase III studies, patients with suspected aortoiliac vascular disease received a 0.03 mmol/kg dose of MS-325. MS-325-enhanced MRAs, non-contrast MRAs, and X-ray angiograms were obtained in 175 patients. The primary objectives of this trial were improvement in sensitivity, specificity and accuracy for detection of clinical significant stenosis for MS-325-enhanced MRA versus non-contrast MRA in comparison to the Gold Standard X-ray angiography. Statistically significant improvement in sensitivity, specificity and accuracy was demonstrated by three blinded readers. Additionally the current data confirmed the results of the first Phase III study. Schering AG is a research-based pharmaceutical company. Its activities are focused on four business areas: Gynecology&Andrology, Diagnostics& Radiopharmaceuticals, Dermatology as well as Specialized Therapeutics for disabling diseases in the fields of the central nervous system, oncology and cardiovascular system. As a global player with innovative products Schering AG aims for leading positions in specialized markets worldwide. With in-house R&D and supported by an excellent global network of external partners, Schering AG is securing a promising product pipeline. Using new ideas, Schering AG aims to make a recognized contribution to medical progress and strives to improve the quality of life: making medicine work This press release has been published by Corporate Communication of Schering AG, Berlin, Germany. Your contacts at Corporate Communication: Business: Oliver Renner, T: +49-30-468 124 31; oliver.renner@schering.de Investor Relations: Peter Vogt, T: +49-30-468 128 38; peter.vogt@schering.de Pharma: Dr Claudia Schmitt, T: +49-30-468 158 05, claudia.schmitt@schering.de Your contacts in the US: Media Relations: Kimberley Jordan, T:+1-973-487 2592, kimberley_jordan@berlex.com Investor Relations: Joanne Marion, T: +1-973-487 2164, joanne_marion@berlex.com Find additional information at: www.schering.de/eng Certain statements in this press release that are neither reported financial results nor other historical information are forward-looking statements, including but not limited to, statements that are predictions of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause actual results and Schering AG's plans and objectives to differ materially from those expressed or implied in the forward-looking statements. Certain factors that may cause such differences are discussed in our Form 20-F and Form 6-K reports filed with the U.S. Securities and Exchange Commission. Schering AG undertakes no obligation to update publicly or revise any of these forward-looking statements, whether to reflect new information or future events or circumstances or otherwise. This information is provided by RNS The company news service from the London Stock Exchange END FURJRMLTMMIMMLJ
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