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09/10/15 9:25 AM

#165 RE: s402005 #164

....and today!

RedHill Biopharma and IntelGenx Announce RIZAPORT(TM) (RHB-103) Marketing Authorization Application is Approvable Under the European Decentralized Procedure


The German Federal Institute for Drugs and Medical Devices (BfArM) has confirmed the positive outcome of the European Decentralized Procedure and informed RedHill and IntelGenx that the European Marketing Authorization Application (MAA) for RIZAPORT(TM)(RHB-103) is approvable
RedHill and IntelGenx plan to submit the final required documentation to the BfArM and to the Luxembourg regulatory authority next week, which is expected to lead to marketing approval of RIZAPORT(TM) in both countries, and will continue their close cooperation in order to obtain national phase approvals in other Decentralized Procedure (DCP) European territories
RIZAPORT(TM), an oral thin film formulation of rizatriptan for acute migraines, offers an innovative and potentially advantageous therapeutic alternative for many migraine patients, primarily patients who suffer from dysphagia or migraine-related nausea, due to its convenient dosing, facile intake due to the lack of need for water and pleasant flavor
RedHill and IntelGenx continue to work with the FDA to advance potential approval of the U.S. New Drug Application (NDA) submitted by the companies

TEL-AVIV, Israel, Sept. 10, 2015 (GLOBE NEWSWIRE) -- RedHill
Biopharma Ltd. (RDHL) (RDHL) ("RedHill" or the "Company"), an Israeli biopharmaceutical company primarily focused on late clinical-stage, proprietary, orally-administered, small molecule drugs for inflammatory and gastrointestinal diseases, including cancer, today announced, together with IntelGenx Corp. (IGX.V) (IGXT) ("IntelGenx"), a Canadian drug delivery company focused on oral drug delivery, the positive outcome of the European Decentralized Procedure (DCP) for the approval of RIZAPORT(TM) (formerly RHB-103) oral thin film formulation of rizatriptan for the treatment of acute migraines.

Following the issuance of the Final Assessment Report, the Federal Institute for Drugs and Medical Devices of Germany (BfArM), the Reference Member State, has informed RedHill and IntelGenx that the RIZAPORT(TM) Marketing Authorization Application (MAA) is approvable.

Dror Ben-Asher, RedHill's CEO, said: "We are very pleased that RIZAPORT(TM) has received a positive recommendation from the German BfArM, supporting its approval in many European markets. This is a significant milestone for RedHill which reflects our team's strong capabilities, dedication and commitment, as well as the joint effort of RedHill and IntelGenx to bring RIZAPORT(TM) to market for the benefit of migraine patients."

The regulatory process will now enter the national licensing phase of the DCP in which Germany, the Reference Member State, and Luxemburg, the Concerned Member State, are expected to grant national licenses that will allow RIZAPORT(TM) to be marketed in each country. RedHill and IntelGenx plan to submit the final required documentation next week, which should lead to marketing approval of RIZAPORT(TM) in Germany and Luxembourg. RedHill and IntelGenx will continue to work together to obtain national phase approvals in other DCP territories.

Dr. Reza Fathi, Ph.D., RedHill's Senior VP R&D added: "RIZAPORT(TM) is an innovative and differentiated new oral thin film formulation of rizatriptan and we are excited about the prospect of this product, which we believe can benefit migraine patients. We look forward to completing in the near future the national phase of approval in Germany, one of the largest European markets. RedHill continues to advance its activities to secure commercialization partners in the U.S., Europe and additional territories, in order to introduce this promising new product to these markets."

RIZAPORT(TM), an oral thin film formulation of rizatriptan for the treatment of acute migraines, offers a potentially attractive therapeutic alternative for many migraine patients. The RIZAPORT(TM) oral thin film has a pleasant taste and dissolves rapidly in the mouth without the need for water. It is a potentially advantageous therapeutic alternative for patients suffering from dysphagia, and patients who suffer from migraine-related nausea, estimated to be approximately 80% of the total migraine patient population1. Rizatriptan is considered one of the most effective oral triptans, a class of molecules that constrict blood vessels in the brain to relieve swelling and other migraine symptoms.

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RedHill and IntelGenx submitted a New Drug Application (NDA) to the FDA in March 2013 seeking marketing approval of RIZAPORT(TM) in the U.S. In February 2014, the companies received a complete response letter (CRL) from the FDA which raised questions primarily related to CMC. It is noted that no deficiency was raised relating to the safety and bio-equivalence data of RIZAPORT(TM). RedHill and IntelGenx reported that they believe that FDA approval of the RIZAPORT(TM) NDA is subject to the satisfactory resolution of the remaining CMC questions.

After receipt of the CRL, additional issues were raised by the FDA directly with Apotex Pharmachem India Pvt. Ltd. ("Apotex"), the manufacturer of the active pharmaceutical ingredient (API) in RIZAPORT(TM), none of which were related directly to RIZAPORT(TM). In April 2015, an inspection held by the European Directorate for the Quality of Medicines and HealthCare (EDQM) at the Apotex, manufacturing site came out positive, which led to the issuance of a Certificate of Suitability (CEP) in June 2015. Other reputable international agencies, Australia's Therapeutic Goods Administration and Health Canada, also inspected the Apotex site in 2015 and did not object to having products manufactured by the site imported into their territories.

RedHill and IntelGenx continue their cooperative effort to work with the FDA in order to address and resolve all remaining CMC questions and to secure a compliant source of the raw material.

About RIZAPORT(TM) (RHB-103):

RIZAPORT(TM) is a proprietary oral thin film formulation of rizatriptan benzoate, a 5-HT1 receptor agonist and the active drug in Merck & Co.'s Maxalt(R). Marketing applications for RIZAPORT(TM) have been filed both in the U.S. (NDA filed in March 2013) and in Europe (MAA filed in October 2014). Rizatriptan is considered one of the most effective oral triptans, a class of molecules that constrict blood vessels in the brain to relieve swelling and other migraine symptoms. The worldwide annual sales of triptans were estimated to have exceeded $870 million in 20142. RIZAPORT(TM) is based on IntelGenx' proprietary "VersaFilm(TM)" technology. It dissolves rapidly and releases its active ingredient in the mouth, leading to an efficient absorption of the drug through the gastro intestinal tract. The administration method of the RIZAPORT(TM) oral thin film, which does not require the patient to swallow a pill or consume water, along with its pleasant flavor, presents a potentially attractive therapeutic alternative for many migraine patients, including those who suffer from migraine-related nausea, estimated to be approximately 80% of the total migraine patient population.