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Research Update

21 Nov 2007 07:01

Ardana PLC21 November 2007 ARDANA ANNOUNCES POSITIVE RESULTS OF A SUPPLEMENTARY STUDY CONFIRMING THE HIGH DERMAL TOLERABILITY OF TESTOSTERONE CREAM Edinburgh, UK, 21 November 2007: Ardana plc (LSE:ARA) today announces that in arecently completed supplementary clinical trial, treatment with TestosteroneCream for the transdermal delivery of testosterone, has shown that it does notact as an irritant on skin. Testosterone Cream is in late-stage development formale hypogonadism. The study evaluated the dermal tolerability of Testosterone Cream on intact skinin subjects with healthy skin. Topical application of Testosterone Cream, aswell as negative and positive controls, was undertaken once daily during a21-day treatment period for an approximate duration of 23 hours per day. 40male volunteers were included in the study and all subjects received alltreatments i.e. Testosterone Cream, active-ingredient-free vehicle toTestosterone Cream (placebo), 0.9% sodium chloride in water (negative control)and 0.1% sodium dodecyl sulphate in water (positive control). Dermal reactionswere clinically assessed on study days 2-22 using an erythema score (range 0 to4 with 0 being no reaction and 4 being severe erythema reaction with infiltrateand/or dermal defect e.g. blisters/blebs/erosion). No statistically significant differences were found between Testosterone Cream,the placebo and the negative control whereas clear and significant irritationwas seen for the positive control with severe reactions observed in all subjectsby the end of the study. Several formulations for the delivery of testosterone to hypogonadal men aremarketed globally. Transdermal formulations are increasingly popular as theyavoid the inevitable "roller-coaster" effect experienced with earlierformulations such as injectables and implants. However, a significantdisadvantage of the currently available transdermal formulations is the skinreactions observed at the application site e.g. erythema, acne and dry skin atan incidence of up to 10%. Dr Huw Jones, Ardana's CEO said: "Testosterone Cream represents a very importantnear term opportunity for Ardana. The data from this study add low irritatantpotential to the other user-friendly properties of our formulation." Ardana has previously reported data from a Phase II dose-finding clinical trialshowing clear evidence of the efficacy and tolerability of Testosterone Cream.These data facilitated a Phase III pivotal registration study in men withconfirmed hypogonadism (testosterone deficiency), a study that is ongoing in theUSA. For more information contact: Ardana Financial DynamicsDr Huw Jones (corporate/financial media relations)Tel: + 44 (0) 131 226 8550 Julia Phillips/Emma Thompson Tel: +44 (0)20 7831 3113 About Ardana Ardana plc is a pharmaceutical company focused on the discovery, development andmarketing of innovative products to improve human reproductive health, a $25.5billion market. Since its foundation, Ardana has built a broad and balanced portfolio to managerisk and actively pursues product and technology in-licensing and outlicensingto maintain a robust pipeline. Ardana's lead products are summarised below: • Teverelix LA, in development for three initial indications (prostate cancer, benign prostatic hyperplasia and endometriosis); • ARD-0705 a growth hormone secretagogue in Phase III for the diagnosis of growth hormone deficiency in adults • Testosterone Cream, a transdermal testosterone delivery system in development for the treatment of male hypogonadism, in Phase III trials; • Emselex(R), a once a day treatment for the symptoms of overactive bladder syndrome, which Ardana has exclusive UK marketing and promotion rights and is being distributed in collaboration with Novartis UK Limited; • StriantTM SR, a testosterone replacement therapy that has been launched by Ardana through its own sales force in the UK and through marketing partners in certain European countries, as a treatment for men with confirmed hypogonadism; • InvicorpTM, an injectable combination drug treatment for erectile dysfunction, for which Ardana has marketing and manufacturing rights in Europe and has been launched in Denmark. In addition, Ardana has a strong portfolio of follow-on products in research.Ardana is listed on the Main Market of the London Stock Exchange. For further information please see www.ardana.co.uk This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
9th May 200812:16 pmRNSRule 8.3- Ardana
6th May 20081:40 pmRNSRule 8.3-Ardana PLC
2nd May 20087:00 amRNSBlocklisting Interim Review
21st Apr 200812:27 pmRNSHolding(s) in Company
17th Apr 200810:19 amRNSRule 8.3 - Ardana PLC
16th Apr 200810:42 amBUSRule 8.3 - ARDANA PLC
15th Apr 200811:50 amRNSRule 8.3- Ardana PLC
14th Apr 20085:20 pmRNSRule 8.3- Ardana PLC
14th Apr 20081:38 pmRNSRule 8.3-Ardana PLC
9th Apr 20087:00 amRNSResearch Update
4th Apr 200811:43 amRNSRule 8.3- Ardana Plc
1st Apr 200811:57 amRNSRule 8.3- Ardana PLC
31st Mar 20082:51 pmPRNRule 8.3 - Ardana plc
28th Mar 200812:23 pmBUSRule 8.3 - Ardana Plc
28th Mar 200811:31 amRNSRule 8.3- Ardana Plc
28th Mar 200810:16 amRNSRule 8.3- Ardana Plc
28th Mar 20089:09 amRNSRule 8.3- ARDANA
27th Mar 20087:02 amRNSDisposal Update
18th Mar 20087:01 amRNSResearch Update
28th Feb 200811:06 amRNSVoting Rights
19th Feb 20087:01 amRNSInterim Management Statement
19th Feb 20087:01 amRNSRe Proposed Disposal
9th Jan 20087:00 amRNSOutcome of Pre-IND Meeting
13th Dec 20075:14 pmRNSDirector/PDMR Shareholding
13th Dec 20074:58 pmRNSDirector/PDMR Shareholding
13th Dec 20074:53 pmRNSHolding(s) in Company
26th Nov 20077:00 amRNSResearch Update
21st Nov 20077:01 amRNSResearch Update
21st Nov 20077:01 amRNSResearch Update
2nd Nov 20077:00 amRNSBlocklisting Interim Review
25th Oct 20077:01 amRNSDirector/PDMR Shareholding
25th Oct 20077:01 amRNSDirector/PDMR Shareholding
25th Oct 20077:01 amRNSDirector/PDMR Shareholding
9th Oct 20077:01 amRNSInterim Results
8th Oct 20077:01 amRNSBoard Change
2nd Oct 20077:00 amRNSNotice of Results
24th Sep 20077:02 amRNSAnnual Information Update
5th Sep 20075:43 pmRNSResult of AGM
5th Sep 200712:05 pmRNSAGM Result
4th Sep 20077:01 amRNSResearch Update
10th Aug 20077:00 amRNSInterim Management Statement
8th Aug 20077:00 amRNSResearch Update
2nd Aug 20072:13 pmRNSAnnual Report and Accounts
2nd Aug 20078:00 amRNSAnnual Report and Accounts
28th Jun 20077:02 amRNSFinal Results
28th Jun 20077:01 amRNSBoard Change
11th Jun 20077:00 amRNSEmselex Endorsement
24th May 200710:35 amRNSHolding(s) in Company
21st May 20077:01 amRNSResearch Update
2nd May 20073:08 pmRNSBlocklisting Interim Review

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