LEXINGTON, Massachusetts, Nov. 10, 2016
Company spotlights serial innovation in rare diseases, features Hematology and Immunology franchises
LEXINGTON, Massachusetts, Nov. 10, 2016 /PRNewswire/ -- Shire plc (LSE: SHP, NASDAQ: SHPG) today will host an Investor Day focused on its commercial portfolio and innovative R&D pipeline, including highlights from its late-stage clinical portfolio, which together support its long term growth aspirations.
Experience the interactive Multimedia News Release here: http://www.multivu.com/players/English/7977251-shire-investor-day
"Over the last three years, Shire's sharp focus has helped us build an industry leading rare disease pipeline," said Flemming Ornskov, M.D., M.P.H., Chief Executive Officer. "Our pipeline, which is the most robust in Shire's history, includes more than 40 clinical programs, over 50% of which are in registration or Phase 3, and 70% of which are in rare diseases. We focus on delivering first- and best- in-class medicines to address significant unmet need for patients around the world to achieve maximum impact."
"Our deep understanding of disease and our serial innovation in strategic areas of focus have allowed us to advance molecules in some of the most difficult-to-treat and life-threatening conditions," said Philip J. Vickers, Ph.D., Global Head of Research & Development. "Our internal innovation engine, with the help of our external partners, is driving forward a robust clinical development portfolio and enabling us to bring our medicines to patients who need them."
Shire has deep expertise and established leadership in Hematology with an industry-leading portfolio across segments including Hemophilia A, inhibitors, Hemophilia B and von Willebrand disease. In Hemophilia A, Shire is focused on addressing unmet needs while raising the standards of care through increased diagnosis, prophylaxis and personalization of treatment with ADVATE [Antihemophilic Factor (Recombinant)] and ADYNOVATE [Antihemophilic Factor (Recombinant), PEGylated]. In Hemophilia with inhibitors, FEIBA [Anti-Inhibitor Coagulant Complex] offers a valued bypassing therapy with a unique mechanism and is the only bypass widely approved for both prophylaxis and on-demand treatment. The Company's Hematology products are available today in more than 100 countries around the world, and launches (both product and new indication) are planned in more than 40 countries by 2018. Shire's future innovation in rare hematology includes non-factor based therapies and gene therapy.
In Primary Immunodeficiency (PI), Shire has one of the broadest portfolios approved for self-infusion, including CUVITRU [Immune Globulin Subcutaneous (Human)], 20% Solution; GAMMAGARD LIQUID [Immune Globulin Infusion (Human)] 10%; SUBCUVIA; and HYQVIA [Immune Globulin Infusion 10% (Human) with Recombinant Human Hyaluronidase]. With a growing need for more treatment options and a shift from hospital to home care, Shire is focused on improving diagnoses, providing individualized treatment and supporting patients to help further expand its leadership position in Immunology.
Late-Stage Clinical Portfolio
Shire is conducting a Phase 3 induction study (SHP621-301) in Eosinophilic Esophagitis (EoE) and simultaneously enrolling a Phase 3 treatment extension study (SHP621-302). EoE is a chronic, immune/antigen-mediated esophageal disease characterized clinically by symptoms related to esophageal dysfunction. The Company has already completed Phase 2 trials that met co-primary endpoints as well as an open-label extension study. SHP621 was granted Breakthrough Therapy Designation by the FDA in May 2016 for the treatment of EoE.
SHP647 is a novel biologic for the treatment of inflammatory bowel disease (IBD) and the only anti-integrin directly targeting MAdCAM-1 with a potentially differentiated and improved safety profile compared to current treatments. Shire plans to begin Phase 3 development of SHP647 in 2017.
Shire is planning two Phase 3 studies with maribavir for the treatment of cytomegalovirus (CMV) infection in transplant recipient patients. CMV infection can cause serious illness in transplant recipient patients and other patients with compromised immune systems. Use of currently available anti-CMV drugs is limited due to toxicity, particularly in those patients with resistant or refractory disease. All clinical studies of maribavir have shown an acceptable safety profile and potent antiviral activity including against strains of CMV resistant or refractory to other anti-CMV agents.
Shire intends to continue to pursue the development of SHP607 to potentially prevent certain severe complications in very pre-term infants. The Company reported topline results from its Phase 2 clinical study in June 2016. The study did not meet its primary endpoint, reduction in severity of retinopathy of prematurity; however, it demonstrated clinically relevant effects on secondary endpoints, including development of severe bronchopulmonary dysplasia (BPD) and intraventricular hemorrhage (IVH).
Shire plans to resubmit SHP465 for FDA approval in Q4 2016, with a projected launch in the second half of 2017. SHP465 is a novel three-bead formulation which aims to provide a long-acting therapeutic option for the treatment of attention-deficit/hyperactivity disorder (ADHD). The Company has conducted two Phase 3 studies and one open label Phase 1 study to support resubmission, all of which successfully met their primary and key secondary endpoints.
Shire is conducting a single pivotal trial of SHP643, formerly DX-2930, together with an open-label extension study for prophylaxis of hereditary angioedema (HAE) with the aim of FDA approval in 2018, subject to clinical trial results. HAE is a rare, debilitating genetic inflammatory condition which causes episodes of swelling in the face, extremities, and GI tract and can be life threatening. The Company has demonstrated proof of concept for SHP643 in long-term prophylaxis of HAE without any significant safety concerns to date. SHP643 has received both Orphan Drug Designation and Breakthrough Therapy Designation from the FDA.
These presentations will be broadcast via a live video and audio webcast that can be accessed under the "Presentations & Webcasts" tab in the Investor Relations section of the Company's website at www.shire.com. A replay of the webcast will be archived on the website following the presentation.
The details of the call are as follows:
UK dial in:
0808 237 0036 or 020 3426 2889
US dial in:
1 877 841 4559 or 1 347 329 1282
Live video and audio webcast:
NOTES TO EDITORS
Shire is the leading global biotechnology company focused on serving people with rare diseases and other highly specialized conditions. We strive to develop best-in-class products, many of which are available in more than 100 countries, across core therapeutic areas including Hematology, Immunology, Neuroscience, Ophthalmics, Lysosomal Storage Disorders, Gastrointestinal / Internal Medicine / Endocrine and Hereditary Angioedema; and a growing franchise in Oncology.
Our employees come to work every day with a shared mission: to develop and deliver breakthrough therapies for the hundreds of millions of people in the world affected by rare diseases and other high-need conditions, and who lack effective therapies to live their lives to the fullest.
Statements included herein that are not historical facts, including without limitation statements concerning future strategy, plans, objectives, expectations and intentions, the anticipated timing of clinical trials and approvals for, and the commercial potential of, inline or pipeline products are forward-looking statements. Such forward-looking statements involve a number of risks and uncertainties and are subject to change at any time. In the event such risks or uncertainties materialize, Shire's results could be materially adversely affected. The risks and uncertainties include, but are not limited to, the following:
other risks and uncertainties detailed from time to time in Shire's filings with the Securities and Exchange Commission, including those risks outlined in "ITEM 1A: Risk Factors" in Shire's Quarterly Report on Form 10-Q for the quarter ended June 30, 2016.
All forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by this cautionary statement. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. Except to the extent otherwise required by applicable law, we do not undertake any obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise.
Last updated on: 10/11/2016
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