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PRESS RELEASE FDA issues Complete ... - Basilea Pharmaceutica

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<strong>PRESS</strong> <strong>RELEASE</strong><br />

<strong>FDA</strong> <strong>issues</strong> <strong>Complete</strong> Response Letter for ceftobiprole<br />

Basel, Switzerland, November 26, 2008 - <strong>Basilea</strong> <strong>Pharmaceutica</strong> Ltd. announces<br />

that the U.S. Food and Drug Administration (<strong>FDA</strong>) issued to the sponsor, Johnson<br />

& Johnson <strong>Pharmaceutica</strong>l Research and Development, L.L.C. (J&JPRD), a<br />

<strong>Complete</strong> Response Letter for ceftobiprole for the treatment of complicated skin<br />

and skin structure infections including diabetic foot infections.<br />

Ceftobiprole showed in two large multinational, double-blind, randomized phase III clinical<br />

studies, that it was effective, as demonstrated by meeting the primary endpoint using a 10%<br />

non-inferiority margin. A safety profile consistent with the cephalosporin class of antibiotics was<br />

demonstrated. Ceftobiprole has been approved or recommended for approval in a number of<br />

territories including the European Union.<br />

The <strong>FDA</strong> indicated in a <strong>Complete</strong> Response Letter to J&JPRD that further resolution of specific<br />

deficiencies of study conduct is necessary. As a result of <strong>FDA</strong> audits at investigator sites and of<br />

the sponsor J&JPRD, the Agency suggested that J&JPRD have additional clinical site audits<br />

performed.<br />

The <strong>FDA</strong> indicated from their sponsor/monitor inspection that there was a failure to ensure<br />

proper monitoring of the studies. The Agency has requested information on J&JPRD’s clinical<br />

quality assurance programs and also asked for a new audit plan that also addresses<br />

deficiencies in contract research organization monitoring. The <strong>FDA</strong> indicated to J&JPRD that<br />

they are unable to review the clinical data included in the submitted complete response until<br />

<strong>issues</strong> of data integrity have been resolved. The <strong>FDA</strong> has indicated to J&JPRD the need to fully<br />

respond to this action letter within one year.<br />

“Ceftobiprole is a novel antibiotic addressing the very serious medical need related to resistant<br />

bacterial infections including MRSA. The drug met its primary clinical endpoint and was<br />

approved or recommended for approval in a number of countries including the EU based on<br />

two large independent and well designed trials. We are deeply disappointed with the further<br />

delay in the review of the U.S. NDA application. We will be working with J&JPRD and the <strong>FDA</strong> to<br />

address these outstanding <strong>issues</strong> as soon as possible. These events have not altered in any way<br />

our confidence in the efficacy and safety profile of ceftobiprole and its potential to satisfy a<br />

high medical need”, said Dr. Anthony Man, <strong>Basilea</strong>’s CEO.<br />

The NDA submission of ceftobiprole for the treatment of complicated skin and skin structure<br />

infections includes the data from two pivotal phase III trials (STRAUSS 1 and STRAUSS 2). These<br />

trials comprise data from over 1600 patients including those with diabetic foot infections caused<br />

by Gram-negative and Gram-positive pathogens and with methicillin-resistant Staphylococcus<br />

aureus (MRSA) infections. In both of these large, multinational, double-blind, randomized phase<br />

III clinical studies, ceftobiprole was effective as demonstrated by achievement of the noninferiority<br />

endpoint to single drug or two-drug combination comparators, respectively.<br />

The New Drug Application (NDA) was submitted to the <strong>FDA</strong> by Johnson & Johnson<br />

<strong>Pharmaceutica</strong>l Research and Development, L.L.C. The <strong>FDA</strong> issued an Approvable Letter in<br />

Page 1 of 3<br />

<strong>Basilea</strong> <strong>Pharmaceutica</strong> Ltd. • Grenzacherstrasse 487 • PO Box • CH-4005 Basel • Switzerland • www.basilea.com


March, 2008. The questions in the Approvable Letter were addressed in a complete response<br />

package that was filed and accepted by the <strong>FDA</strong> for review in September 2008.<br />

Ceftobiprole is marketed in Canada and approved in Switzerland. Ceftobiprole received a<br />

positive opinion from the CHMP in the European Union in November 2008 and is under review in<br />

a number of other countries.<br />

Conference Calls<br />

<strong>Basilea</strong> <strong>Pharmaceutica</strong> Ltd. will hold two conference calls on November 26, 2008, one at<br />

8:30 a.m. (CET) and one at 4 p.m. (CET) to discuss today’s press release.<br />

The Company invites you to participate in the conference call on November 26, 2008, 8:30 a.m.<br />

(CET).<br />

Dial-in numbers are:<br />

+41 (0) 91 610 56 00 (Europe and ROW)<br />

+44 (0) 207 107 0611 (UK)<br />

+1 (1) 866 291 4166 (USA)<br />

A second conference call is scheduled on November 26, 2008, 4 p.m. (CET).<br />

Dial-in numbers are:<br />

+41 (0) 91 610 56 00 (Europe and ROW)<br />

+44 (0) 207 107 0611 (UK)<br />

+1 (1) 866 291 4166 (USA)<br />

About <strong>Basilea</strong><br />

<strong>Basilea</strong> <strong>Pharmaceutica</strong> Ltd. is headquartered in Basel, Switzerland, and listed on the SIX Swiss<br />

Exchange (SIX:BSLN). <strong>Basilea</strong>’s integrated research and development operations are currently<br />

focused on new antibacterial and antifungal agents to fight drug resistance and on the<br />

development of dermatology drugs. <strong>Basilea</strong>’s products are targeted to satisfy high medical and<br />

patient needs in the hospital and specialty care setting. The company owns a diversified<br />

portfolio including two commercialized drugs (alitretinoin, ceftobiprole) and one investigational<br />

drug (isavuconazole) in phase III. Alitretinoin (Toctino®) is marketed in the United Kingdom, in<br />

Denmark and in Germany and is approved in Finland and France. Alitretinoin has been<br />

recommended for approval in six additional EU Member States and is under regulatory review in<br />

Canada and Switzerland. Ceftobiprole is marketed in Canada and approved in Switzerland.<br />

Ceftobiprole received a positive opinion from the CHMP and is under review by regulatory<br />

authorities in several other countries. The company has set up commercial organizations in UK,<br />

Denmark and in Germany while it is building sales and marketing organizations to commercialize<br />

alitretinoin and to co-promote ceftobiprole subject to approval.<br />

Disclaimer<br />

This communication expressly or implicitly contains certain forward-looking statements<br />

concerning <strong>Basilea</strong> <strong>Pharmaceutica</strong> Ltd. and its business. Such statements involve certain known<br />

and unknown risks, uncertainties and other factors, which could cause the actual results,<br />

financial condition, performance or achievements of <strong>Basilea</strong> <strong>Pharmaceutica</strong> Ltd. to be<br />

materially different from any future results, performance or achievements expressed or implied<br />

by such forward-looking statements. <strong>Basilea</strong> <strong>Pharmaceutica</strong> Ltd. is providing this communication<br />

as of this date and does not undertake to update any forward-looking statements contained<br />

herein as a result of new information, future events or otherwise.<br />

Page 2 of 3<br />

<strong>Basilea</strong> <strong>Pharmaceutica</strong> Ltd. • Grenzacherstrasse 487 • PO Box • CH-4005 Basel • Switzerland • www.basilea.com


For further information, please contact:<br />

Media Relations Investor Relations<br />

Jean-Christophe Britt, Ph.D.<br />

Corporate Communication & Public Relations<br />

+41 61 606 1354<br />

media_relations@basilea.com<br />

This press release can be downloaded from www.basilea.com<br />

Page 3 of 3<br />

Barbara Zink, Ph.D., MBA<br />

Head Corporate Development<br />

+41 61 606 1233<br />

investor_relations@basilea.com<br />

<strong>Basilea</strong> <strong>Pharmaceutica</strong> Ltd. • Grenzacherstrasse 487 • PO Box • CH-4005 Basel • Switzerland • www.basilea.com

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