If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAura Renew Acq Regulatory News (ARA)

Share Price Information for Aura Renew Acq (ARA)

Share Price is delayed by 15 minutes
Get Live Data
2.50    0.00 (0.00%)
Bid:
1.50
Ask:
3.50
Spread: 2.00 (133.333%)
Market Cap: £262.50k
ARA Live PriceLast checked at - London Stock Exchange

Intraday Aura Renew Acq Share Chart

Research Update

21 Nov 2007 07:01

Ardana PLC21 November 2007 ARDANA ANNOUNCES POSITIVE PRELIMINARY RESULTS IN A FURTHER PHASE II STUDY OF TEVERELIX LA IN BENIGN PROSTATIC HYPERPLASIA Edinburgh, UK, 21 November 2007: Ardana plc (LSE:ARA) today announces positivepreliminary results from a Phase II study of its key compound, the GnRHantagonist Teverelix Long Acting (LA), which shows that patients may only needto have two maintenance doses per year to treat the symptoms of benign prostatichyperplasia (BPH), a significant potential improvement over current treatments. In previous clinical studies in BPH, Teverelix LA has been shown to decreasetestosterone and subsequently dihydrotestosterone (DHT) in a dose-dependentmanner to levels at the low end of the normal range thereby avoiding a chemicalcastration and its related symptoms. In two earlier Phase II studies in patientswith BPH, Teverelix LA demonstrated an improvement in symptoms of BPH asmeasured by the International Prostate Symptom Score (IPSS). This effect wasshown as early as two weeks after dosing. This latest study is a Phase II, randomised, double-blind, placebo-controlledfollow-on study investigating the effects of Teverelix LA when administered as asecond single subcutaneous injection to patients with BPH who had completed aprior clinical study. The subjects received the same high or low dose ofTeverelix or placebo as they had received in the previous study and weremonitored at four weekly intervals up to 28 weeks after the second injection. Ofthe 84 subjects enrolled in the previous study, 77 were enrolled in this studyand 48 completed the study 28 weeks later. The effects of Teverelix LA on IPSS in this BPH study were marked and sustainedand both clinically and statistically significant. Following study druginjection, the mean IPSS was reduced in all three groups (placebo; low doseTeverelix; high dose Teverelix). At two weeks following the second injection themean changes were -0.9; -2.4 and -2.0 respectively. The maximal effect on IPSSwas observed in all groups 28 weeks after dosing. The mean reductions were -2.6;-4.5 and -5.4 respectively where a reduction in the score by greater than 4 isdeemed to be a highly clinically significant improvement. These changes werestatistically significant in both the active groups (p=0.042 and 0.012respectively). Dr Huw Jones, Ardana's CEO said: "Once again Teverelix LA has shown to deliverimpressive results in the clinic. This repeat dose study shows a clinicallyrelevant improvement in symptoms as measured by the IPSS results. It alsoindicates that BPH sufferers may only need two maintenance doses a year to keeptheir benign prostate disease under control and improve their symptoms." BPH is a common benign disease occurring in men over the age of 50 and increasesin prevalence with age. BPH is characterised by an enlargement of the prostategland, which results in urinary flow problems such as hesitancy, weak orinterrupted stream, urgency and more frequent urination, especially at night. The growth of prostatic tissue is driven by male sex hormones (known asandrogens), primarily testosterone and its more potent metabolitedihydrotestosterone (DHT). Reducing levels of these hormones can reduce thesize and growth of the prostate and thus help improve symptoms. Current treatment options for patients with BPH include watchful waiting,surgical or endoscopic treatment or medical treatment with 5-alpha reductaseinhibitors or alpha blockers. The BPH pharmaceutical market is estimated to beworth US$4.9 billion in 2005 (Source: Wood Mackenzie - Product View April 2006). 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
2nd May 20073:08 pmRNSBlocklisting Interim Review
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

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.