LILLY'S TERIPARATIDE GETS POSITIVE OPINION FROM EUROPEAN CPMP.
"We are extremely pleased by the CPMP's recommendation for approval of teriparatide in Europe," said John C. Lechleiter, Ph.D., Lilly executive vice president, pharmaceutical products and corporate development. "The adoption of a positive opinion for teriparatide by the CPMP underscores the strength of the scientific data supporting the use of this unique and innovative product to treat a devastating disease."
The CPMP, comprised of regulators from the European Union countries, based its positive opinion on its review of the comprehensive data package for teriparatide. More than 2,800 women and men were randomized in studies to characterize the safety and efficacy of teriparatide.
Following the CPMP's positive opinion, the application will be reviewed by the European Commission (EC), which has authority to grant marketing authorization for the European Union. Lilly anticipates a decision from the EC in Spring 2003.
"There is a great need for new treatment options for severe osteoporosis. Every 30 seconds someone in Europe has a fracture as a result of osteoporosis," said Richard Pilnik, president of European operations for Lilly. "If approved by the European Commission, teriparatide would be the first bone formation agent available for marketing in all of the EU, providing a new treatment approach for those with established osteoporosis who are at high risk of osteoporosis-related fracture."
A Critical Need
Osteoporosis is a global problem, affecting more than 150 million people worldwide. One in three postmenopausal women will be affected by osteoporosis(1), and as the population of the world both grows and ages it is becoming an increasingly significant cause of mortality and morbidity(2). Studies suggest that osteoporosis may be a quickly progressing disease once a fracture occurs. The accumulation of multiple spinal fractures may result in pain, height loss, deformity, functional limitations and diminished quality of life(3). The condition costs national treasuries in the EU more than EURO 4.8 billion annually in hospital healthcare alone.
Lilly, a leading innovation-driven corporation, is developing a growing portfolio of best-in-class pharmaceutical products by applying the latest research from its own worldwide laboratories and from collaborations with eminent scientific organizations. Headquartered in Indianapolis, Ind., Lilly provides answers - through medicines and information -- for some of the world's most urgent medical needs.
For more information, call 317/985-4045.
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|Date:||Feb 1, 2003|
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