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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
4th Apr 20072:41 pmRNSHolding(s) in Company
21st Mar 20073:00 pmRNSHolding(s) in Company
19th Mar 20076:21 pmRNSHolding(s) in Company
13th Mar 200712:00 pmRNSHolding(s) in Company
28th Feb 20072:58 pmRNSVoting Rights
14th Feb 20077:00 amRNSResearch Update
13th Feb 20077:01 amRNSRe Agreement
21st Dec 20067:00 amRNSTotal Voting Rights
19th Dec 20067:01 amRNSProduct Launch
19th Dec 20067:01 amRNSResearch Update
19th Dec 20067:01 amRNSInterim Results
12th Dec 20067:01 amRNSNotice of Results
16th Nov 20067:01 amRNSProduct Launch
2nd Nov 20062:09 pmRNSBlocklisting Interim Review
20th Oct 20065:37 pmRNSHolding(s) in Company
19th Oct 20063:10 pmRNSHolding(s) in Company
16th Oct 20065:40 pmRNSHolding(s) in Company
13th Oct 200610:34 amRNSDirector/PDMR Shareholding
12th Oct 20061:33 pmRNSEGM Statement
12th Oct 20067:46 amRNSResult of Placing
11th Oct 20061:51 pmRNSAGM Statement
28th Sep 200611:16 amRNSAnnual Information Update
20th Sep 20067:03 amRNSIssue of Equity
13th Sep 200611:40 amRNSAnnual Report and Accounts
11th Sep 20067:01 amRNSResearch Update
7th Sep 20067:02 amRNSResearch Update
31st Aug 20067:01 amRNSUS Patent for Teverelix LA
29th Jun 20067:02 amRNSFinal Results
29th Jun 20067:01 amRNSNon-Executive Director
14th Jun 20064:44 pmRNSNotice of Results
16th May 20064:17 pmRNSHolding(s) in Company
12th May 200612:19 pmRNSHolding(s) in Company
3rd May 20063:26 pmRNSAdditional Listing
12th Apr 20067:01 amRNSResearch Update
17th Mar 20067:02 amRNSAppointment
16th Mar 20063:10 pmRNSHolding(s) in Company
14th Mar 20065:41 pmRNSHolding(s) in Company
31st Jan 20067:01 amRNSFDA Update
13th Dec 20057:00 amRNSInterim Results
9th Nov 20057:00 amRNSRe Agreement
31st Oct 20057:00 amRNSResearch Update
28th Oct 20059:47 amRNSHolding(s) in Company
5th Oct 20057:00 amRNSStriant Germany Launch
27th Sep 20051:31 pmRNSHolding(s) in Company
21st Sep 200512:30 pmRNSDirector/PDMR Shareholding
21st Sep 20057:00 amRNSResearch Update
30th Aug 20057:00 amRNSChange of Adviser
29th Jun 20057:00 amRNSFinal Results
17th Jun 20057:58 amRNSNon-executive appointment
16th Jun 20057:01 amRNSRe Agreement

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