RhuDex Clinical Development to Continue Following Feedback from
Regulatory Authorities
(Thomson Reuters ONE) - Lund, Sweden, October 5, 2009 - Active Biotech AB's (NASDAQ OMXNordic: ACTI) collaboration partner MediGene AG (Frankfurt: MDG,Prime Standard, TecDAX) today announce information regarding thecandidate drug RhuDex(TM) for the treatment of rheumatoid arthritis.MediGene AG has received feedback from the UK MHRA (Medicines andHealthcare products Regulatory Agency) regarding the in-vitro studiesconducted with RhuDex. Since these tests did not suggest any negativeeffects of RhuDex, the MHRA agreed to a continuation of the drugcandidate's clinical development.To read the complete press release, please see www.medigene.com.Lund, October 5, 2009Active Biotech AB (publ)Tomas LeandersonPresident and CEOFor further information, please contact:Göran Forsberg, VP Investor Relations & Business DevelopmentTel: +46 (0) 46 19 11 54E-mail: goran.forsberg(at)activebiotech.comNotes to editorsAbout RhuDex(TM)RhuDex(TM) is a novel, orally available compound for the treatment ofrheumatoid arthritis, originating from Active Biotech's patented CD80antagonists, out-licensed to MediGene AG. RhuDex(TM) is beingdeveloped as a disease-modifying drug for the treatment of rheumaticdiseases.About Active BiotechActive Biotech AB (NASDAQ OMX NORDIC: ACTI) is a biotechnologycompany with focus on autoimmune/inflammatory diseases and cancer.Projects in pivotal phase are laquinimod, an orally administeredsmall molecule with unique immunomodulatory properties for thetreatment of multiple sclerosis, as well as ANYARA for use in cancertargeted therapy, primarily of renal cancer. Further key projects inclinical development comprise the three orally administered compoundsTASQ for prostate cancer, 57-57 for SLE and RhuDex(TM) for RA. Pleasevisit www.activebiotech.com for more information.Active Biotech ABPO Box 724, SE-220 07 LundSwedenTel: +46 (0)46-19 20 00Fax: +46 (0)46-19 11 00Active Biotech is required under the Securities Markets Act to makethe information in this press release public. The information wassubmitted for publication at 11:30 a.m. CET on October 5, 2009.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Bereitgestellt von Benutzer: hugin
Datum: 05.10.2009 - 11:30 Uhr
Sprache: Deutsch
News-ID 6565
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