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Replies to #66890 on Biotech Values
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DewDiligence

10/02/08 7:56 AM

#66891 RE: genisi #66890

>In what way do you see PurTox as a better product than Reloxin?<

Less dispersion, which may produce a longer duration and fewer off-target effects (e.g. ptosis). Possibly less immunogenicity.
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DewDiligence

12/29/08 3:43 PM

#70746 RE: genisi #66890

Ipsen Receives FDA Complete Response Letter for Dysport

[Dysport is a type-A botulinum toxin similar to Botox; it has been sold in Europe for many years and has a small (<20%) market share. Dysport is the same drug as Reloxin, which MRX licensed from Ipsen. The distinction: in the US, Dysport will be marketed strictly for medical applications while Reloxin will be marketed strictly for cosmetic applications. The two companies submitted separate BLA’s; the Reloxin BLA has a PDUFA date in 1Q09.]

http://finance.yahoo.com/news/FDA-Issues-Complete-Response-bw-13927246.html

›Monday December 29, 2008, 12:00 pm EST

PARIS--(BUSINESS WIRE)

• No additional clinical data requested
• Manufacturing process for Dysport® in compliance with CGMPs1
• No Form 483 observation listed
• FDA requests finalization of the Risk Evaluation and Mitigation Strategy and labelling
• Stepping-up to Dysport®’s full launch preparation phase

Ipsen (Paris:IPN) today announced that the US Food and Drug Administration (FDA) issued a Complete Response Letter for its Biologics License Application (BLA) for its Botulinum toxin Type A, Dysport®. The application, submitted by the Group in late 2007, seeks approval to market Dysport® for the treatment of cervical dystonia. The Group is now actively preparing to launch the product, once approved by the FDA, and as soon as reimbursement coverage is adequate.

The FDA has not requested any new clinical studies evaluating the efficacy or safety of Dysport® prior to approval. The Complete Response Letter requests additional information, including the finalization of the Risk Evaluation and Mitigation Strategy (REMS) and of the draft labelling, as well as a Safety Update Report. Based on the information identified in the FDA’s end of review complete response letter, Ipsen expects to submit the information to FDA during the first quarter of 2009.

Furthermore, FDA has confirmed in its Establishment Inspection Report that the manufacturing process for Dysport® in its Wrexham (Wales) facility is in compliance with CGMPs1. The FDA issued no Form 483 observation. The Wrexham site gathers the manufacturing, product formulation, packaging and testing activities for the entire production of botulinum toxin type A currently marketed in 73 countries under the brand name Dysport®.

"We are confident that we can expeditiously respond to the questions set forth in the Complete Response Letter" said Stéphane Thiroloix, Ipsen’s Executive Vice President - Corporate Development. "We anticipate answering to the FDA during the first quarter of 2009 and remain focused on bringing Dysport® to market as originally planned."

About Dysport®

Dysport® has been approved as a treatment for cervical dystonia, an orphan disease in the United States. [This is a blooper: they left out the word “not.”]

Used in patient care in the United Kingdom since 1991, Dysport® has marketing authorizations in 73 countries. Patient exposure is estimated to be above two million single treatment cycles representing more than 600,000 patients year of treatment. Dysport® is approved outside the U.S. for eight indications including cervical dystonia (involuntary distorsions of the neck).

The active substance in Dysport® is a botulinum neurotoxin type A complex, which acts at the level of the neuromuscular junction in the targeted muscle. Dysport® is a neuromuscular blocking toxin which acts to block acetylcholine release at motor nerve ends and reduces muscular spasm. It was initially developed and subsequently approved in many markets around the world for the treatment of movement disorders such as cervical dystonia (spasmodic torticollis), blepharospasm (involuntary eye closure), hemifacial spasm and various forms of muscle spasticity, including post-stroke arm spasticity, spasticity of the lower limbs (calf) in adults and children with cerebral palsy.

About Ipsen

Ipsen is an innovation-driven international specialty pharmaceutical group with over 20 products on the market and a total worldwide staff of nearly 4,000. Its development strategy is based on a combination of specialty products, which are growth drivers, in targeted therapeutic areas (oncology, endocrinology and neuromuscular disorders), and primary care products which contribute significantly to its research financing. The location of its four Research & Development centres (Paris, Boston, Barcelona, London) and its peptide and protein engineering platform give the Group a competitive edge in gaining access to leading university research teams and highly qualified personnel. More than 700 people in R&D are dedicated to the discovery and development of innovative drugs for patient care. This strategy is also supported by an active policy of partnerships. In 2007, Research and Development expenditure was about €185 million, in excess of 20% of consolidated sales, which amounted to €920.5 million while total revenues amounted to €993.8 million. Ipsen’s shares are traded on Segment A of Euronext Paris (stock code: IPN, ISIN code: FR0010259150). Ipsen’s shares are eligible to the “Service de Règlement Différé” (“SRD”) and the Group is part of the SBF 120 index. For more information on Ipsen, visit our website at www.ipsen.com.‹