http://news.excite.com/news/bw/011010/teva-pharmaceutical
Wed, Oct 10 1:19 PM EDT
JERUSALEM, Israel (BUSINESS WIRE)
- Teva Pharmaceutical Industries Ltd. (NASDAQ:TEVA) announced today that
Health Canada has approved enhanced labeling for its multiple sclerosis
drug COPAXONE(R) (glatiramer acetate for injection).
The new label reflects the positive
result of a large multicenter, double-blind, placebo-controlled study that
showed a significant reduction of MRI gadolinium-enhancing lesions (new
active lesions) in patients treated with COPAXONE(R). Physicians increasingly
use MRI for their diagnosis and treatment of MS.
Treatment with COPAXONE(R) showed
a significant reduction in T1 enhancing lesions as compared with placebo.
T1 enhancing lesions are a sign of inflammation and blood brain barrier
disruption. In addition, a statistically significant reduction in the mean
number of relapses was observed within the initial 9-month observation
period.
"We are excited to have the MRI research
added to the COPAXONE(R) label because it gives physicians important additional
information to consider when selecting an MS drug therapy," said Dr. Jean
Godin, Medical Director of Teva Neuroscience in Canada.
The study followed 239 patients performing
monthly MRI (magnetic resonance imaging) scans for nine months with an
additional nine-month follow-up in which all patients were treated with
COPAXONE(R). The study looked at various MRI measures of disease activity
and burden of disease The primary outcome measure was the total number
of enhancing lesions on T1-weighted images over the nine months. The study
was presented in a number of international scientific meetings and was
recently published in Annals of Neurology. The link between MRI findings
and the clinical status of patients is contentious and the prognostic value
of changes in MRI findings is unknown.
"Teva Neuroscience is dedicated to
improving the lives of people with MS through continued research. The expanded
labeling further communicates the established positive impact of Copaxone(R)
on patients with relapsing remitting multiple sclerosis", said Teva Neuroscience
(Canada) General Manager John Hassler and added "This new label data will
add to the research information that has made COPAXONE(R) the fastest growing
MS therapy in North America."
Copaxone(R) is indicated for the
reduction of relapses in relapsing-remitting multiple sclerosis (RRMS).Teva
Neuroscience was granted approval by Health Canada in 1997 to market COPAXONE(R).
The drug was launched the same year. COPAXONE(R) is marketed in Canada
by Teva Neuroscience G.P.-S.E.N.C., based in Montreal, Quebec, a subsidiary
of Teva Pharmaceutical Industries, Ltd.
COPAXONE(R) is a registered trademark
of Teva Pharmaceutical Industries Ltd.
Teva Pharmaceutical Industries Ltd.,
headquartered in Israel, is among the top 40 pharmaceutical companies in
the world. Over 80% of Teva's sales are in North America and Europe. The
Company develops, manufactures and markets generic and innovative human
pharmaceuticals and active pharmaceutical ingredients.
Safe Harbor Statement: This report
contains forward-looking statements, which express the beliefs and expectations
of management. Such statements are based on current expectations and involve
a number of known and unknown risks and uncertainties that could cause
the Company's future results, performance or achievements to differ significantly
from the results, performance or achievements expressed or implied by such
forward looking statements. Important factors that could cause or contribute
to such differences include the impact of pharmaceutical industry regulation,
the difficulty of predicting FDA and other regulatory authority approvals,
the regulatory environment and changes in the health policies and structure
of various countries, acceptance and demand for new pharmaceutical products
and new therapies, the impact of competitive products and pricing, the
availability and pricing of ingredients used in the manufacture of pharmaceutical
products,uncertainties regarding market acceptance of innovative products
newly launched,currently being sold or in development,the impact of restructuring
of clients,reliance on strategic alliances, fluctuations in currency,exchange
and interest rates,operating results,and other factors that are discussed
in the Company's Annual Report on Form 20-F and the Company's other filings
with the U.S.Securities and Exchange Commission.
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