Orphan Drug Designation for PI-88 granted in the EU
Brisbane, Australia. 20 September 2007: Progen Pharmaceuticals Limited (ASX: PGL; NASDAQ: PGLA) today announced that the Commission of the European Communities has granted orphan product designation for PI-88 for the treatment of hepatocellular carcinoma, or primary liver cancer.
This follows the positive recommendation received in August, from the European Agency for the Evaluation of Medicinal Products (EMEA) Committee for Orphan Medical Products for PI-88 in this indication. ------------------------------
Good price action and high Progen volume on ASX today - up ~5%
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