16.10.2014
Eckert & Ziegler Strahlen- und Medizintechnik AG DE0005659700
DGAP-News: Development candidate SOMscan(R) against neuroendocrine tumors receives orphan drug status from the FDA
DGAP-News: Eckert & Ziegler Strahlen- und Medizintechnik AG / Key
word(s): Miscellaneous
Development candidate SOMscan(R) against neuroendocrine tumors
receives orphan drug status from the FDA
16.10.2014 / 13:24
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Press Release
Development candidate SOMscan(R) against neuroendocrine tumors receives
orphan drug status from the FDA
Berlin, October 16, 2014. OctreoPharm Sciences GmbH, in which Eckert &
Ziegler Radiopharma GmbH holds an interest, has received the coveted and
financially rewarding orphan drug status from the US Food and Drug
Administration (FDA) for its new diagnostic agent SOMscan(R). This status
allows for a more cost effective approval procedure and provides the
manufacturer with longer exclusivity. The European Medicines Agency EMA
already awarded SOMscan(R) orphan drug status at the beginning of 2014.
SOMscan(R) is a gallium-68 labeled peptide for detecting neuroendocrine
tumors using positron emission technology (PET). SOMscan(R) is currently in
clinical phase I/II and belongs to the class of somatostatin analogs with
an antagonistic effect. The peptide can be used with the radioisotope for
both the diagnosis and treatment of tumors. Based on the so-called
theranostic approach, the same carrier molecule can be labeled first with
gallium-68 and then yttrium-90.
The global market volume for the drug for the diagnosis and
radiopharmaceutical treatment of neuroendocrine tumors is estimated at more
than EUR 250 million p.a. Neuroendocrine tumors are generally malignant
tumors of the gland cells in the lungs and the gastrointestinal tract that
metastasize at an early stage.
About Eckert & Ziegler
Eckert & Ziegler Strahlen- und Medizintechnik AG (ISIN DE0005659700) is one
of the world's largest providers of isotope technology for radiation
therapy and nuclear medicine and has more than 700 employees worldwide.
Contributing to saving lives
About Octreopharm Sciences
OctreoPharm Sciences GmbH is a nuclear medicine specialist focusing on the
clinical development of radiopharmaceuticals for the diagnosis and
therapeutic control of tumors. Octreopharm Sciences GmbH is held by Eckert
& Ziegler AG, VC Funds Technology managed by IBB Berlin GmbH, KfW
Mittelstandsbank, Eckert Life Science Accelerator GmbH, OctreoPharm GmbH
and Chinese investor Shaanxi Xinyida Investment Co. Ltd.
About neuroendocrine tumors
Neuroendocrine tumors (NETs) represent a group of rare tumors. In Germany
there are an estimated two to five cases per 100,000 people. NETs generally
occur in the gastrointestinal tract and the pancreas. They are called
neuroendocrine because their cells are similar to those of endocrine glands
such as the pancreas. NETs grow slowly but spread very early. Most of the
patients diagnosed already have metastases, usually of the liver, and can
therefore often no longer be cured by surgery.
Your contact:
Eckert & Ziegler AG
Karolin Riehle, Investor Relations
Robert-Rössle-Str. 10, 13125 Berlin
Tel.: +49 (0) 30 / 94 10 84-138
[email protected]
www.ezag.com
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16.10.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Eckert & Ziegler Strahlen- und Medizintechnik AG
Robert-Rössle-Str.10
13125 Berlin
Germany
Phone: 49 30 941084-138
Fax: 49 30 941084-112
E-mail: [email protected]
Internet: www.ezag.de
ISIN: DE0005659700
WKN: 565970
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München
End of News DGAP News-Service
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