BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Nitec Pharma AG Announces First Launch Of Lodotra(R) In Germany


4/14/2009 12:39:25 PM

Basel/Reinach, Switzerland, 14 April 2009 – Nitec Pharma AG (“Nitec” or “Nitec Pharma”), a Switzerland-based specialty pharma company focused on the development and commercialization of medicines to treat chronic inflammation and pain-related diseases, today announced that Lodotra® is being launched in Germany, the first market for this drug, by Merck KGaA who holds the exclusive distribution rights for Germany and Austria.

Lodotra®, Nitec’s single-pulse delayed-release tablet available on prescription, will be available in Germany as of 15 April 2009 for the treatment of RA and associated morning stiffness. As a result of innovative galenics the so-called night corticoid, taken at bed-time, releases the active ingredient, prednisone, in the middle of the night, when the morning stiffness is developing. Thus, the length of the morning stiffness, the core symptom of RA, can be reduced by half.

Dr. Anders Härfstrand, CEO of Nitec, comments: “We are very proud to launch Lodotra® in Germany following ten years of development and look forward to the roll-out across Europe during 2009. With Merck KGaA, who will market Lodotra® in Germany and Austria, and Mundipharma, our partner in the rest of Europe, we benefit from the support of strong partners with high competence in the treatment of RA.“

A new understanding of the human body’s circadian rhythms makes this innovation possible. The increased inflammation activity between 2am and 4am involves a higher level of interleukin-6 (“IL-6”) which is closely connected to morning stiffness. By lowering this raised IL-6 level with prednisone the stiffness of joints in the morning can be reduced significantly.

An estimated number of 800,000 people suffer from RA in Germany. Effective treatments of morning stiffness have been very limited, and the activities of daily life as well as working activities in the morning were limited. Reducing the morning stiffness by half significantly improves the quality of life of patients, and has a significant effect on the national economy.

About Nitec Pharma AG

Nitec Pharma is a Switzerland-based specialty pharmaceutical company focused on the development and commercialisation of innovative medicines and effective treatment solutions for chronic inflammation and pain-related diseases. Nitec’s most advanced product is Lodotra™, a circadian cytokine modulator (CCM) for the treatment of rheumatoid arthritis (RA), which has recently received a recommendation for European regulatory approval and is now launched in Germany. Nitec was originally founded in 2004 as a spin-out of Merck KGaA and is headquartered in Reinach in Switzerland. Nitec is financed by Atlas Venture, Global Life Science Ventures, NGN Capital, TVM Capital and a principal investment arm of Deutsche Bank AG, London. For further information about Nitec Pharma please visit www.nitecpharma.com

Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES