GSK exercises option to LymphoStat-B.GlaxoSmithKline (United Kingdom) has exercised its option to develop and commercialize LymphoStat-B (belimumab) jointly with Human Genome Sciences Human Genome Sciences NASDAQ: HGSI is a biopharmaceutical corporation founded in 1992. Its stated purpose is to "discover, develop, manufacture and market innovative drugs that serve patients with unmet medical needs, with a primary focus on protein and antibody drugs. , Inc. (Rockville, MD). LymphoStat-B, a human monoclonal antibody monoclonal antibody, an antibody that is mass produced in the laboratory from a single clone and that recognizes only one antigen. Monoclonal antibodies are typically made by fusing a normally short-lived, antibody-producing B cell (see immunity) to a fast-growing that specifically recognizes and inhibits the biological activity of B-lymphocyte stimulator (BLyS), is in clinical development as a potential treatment for rheumatoid arthritis rheumatoid arthritis Chronic, progressive autoimmune disease causing connective-tissue inflammation, mostly in synovial joints. It can occur at any age, is more common in women, and has an unpredictable course. and systemic lupus erythematosus Systemic Lupus Erythematosus Definition Systemic lupus erythematosus (also called lupus or SLE) is a disease where a person's immune system attacks and injures the body's own organs and tissues. Almost every system of the body can be affected by SLE. (SLE SLE systemic lupus erythematosus. SLE abbr. systemic lupus erythematosus Systemic lupus erythematosus (SLE) ). In April 2005, Human Genome Sciences reported that LymphoStat-B met the primary efficacy and safety endpoints in a Phase 2 clinical trial phase 2 clinical trial Phase 2 study. See Phase study. in patients with rheumatoid arthritis.(1) The Phase 2 results demonstrated that LymphoStat-B is safe and well tolerated, biologically active, and reduces the signs and symptoms of rheumatoid arthritis at a level of statistical significance. It is anticipated that the full presentation of data from the Phase 2 trial will take place at an appropriate scientific meeting later in 2005. The results of a separate Phase 2 clinical trial in patients with SLE are expected in Fall 2005. As part of its June 1996 agreement with GSK GSK GlaxoSmithKline plc (pharmaceutical company) GSK Glycogen Synthase Kinase GSK Gruppentraining Sozialer Kompetenzen (Germany) GSK Greenland Shark (FAO fish species code) (3), Human Genome Sciences granted a 50/50 co-development and co-promotion option to GSK for certain Human Genome Sciences human therapeutic products that successfully complete Phase 2a clinical trials. Under the terms of the agreement, GSK and Human Genome Sciences will share equally in Phase 3/4 development costs, and will share equally in sales and marketing expenses and profits of any product that is commercialized under the agreement, under a co-development and co-promotion agreement, the remaining terms of which are being negotiated by the parties. H. Thomas Watkins, Chief Executive Officer, said, "We are very pleased that GSK has exercised its option to develop and commercialize LymphoStat-B jointly with Human Genome Sciences. Autoimmune diseases Autoimmune diseases A group of diseases, like rheumatoid arthritis and systemic lupus erythematosus, in which immune cells turn on the body, attacking various tissues and organs. Mentioned in: Complement Deficiencies, Premature Menopause such as rheumatoid arthritis and lupus cause suffering to millions of people. It is our hope that LymphoStat-B will one day become an important treatment option for those who suffer from these diseases. GSK is a world leader in the pharmaceutical industry and our most important strategic partner. We are confident that GSK's decision to exercise its option to LymphoStat-B will lead to a productive collaboration between the parties that will greatly facilitate its development and eventual commercialization." LymphoStat-B is a Human Genome Sciences drug, created through a collaboration with Cambridge Antibody Technology. Human Genome Sciences is a company with the mission to discover, develop, manufacture and market innovative drugs that serve patients with unmet medical needs, with a primary focus on protein and antibody drugs. Human Genome Sciences, Inc. +1-301-315-2777 www.hgsi.com |
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