-- (MARKET WIRE) -- 07/10/08 -- BioAlliance Pharma launches Loramyc® in theUnited Kingdom, Germany and DenmarkAccelerated growth in prescriptions in France
Paris, July 10th, 2008 - BioAlliance Pharma SA (Euronext Paris -BIO), the specialty pharmaceutical company focused on thetreatment of opportunistic infections in cancer and HIV, todayannounced the launch of its lead product Loramyc® on theBritish, German and Danish markets.
"This simultaneous product launch in three European countriescrowns the efforts of our teams and marks another concrete step inthe internationalization of our business. In these threecountries, we are going to fully leverage our initial experiencewith the product in France", emphasized Dominique Costantini,BioAlliance Pharma's President and CEO. "In fact, prescriptions inFrance grew by 35% at the end of March (relative to the end ofDecember 2007) and June's rate was 60% above the March figure.These progression rates confirm the product's market penetrationand its appropriate response to a disease that affects severelyill patients. In France, over 8,000 patients have received aprescription of Loramyc® and our goal is to double that figureby the end of this year. The acceleration in prescription ratesconfirms the product's potential and will be the key element toobserve in the UK, Germany and Denmark", added DominiqueCostantini.
Loramyc® is now available in four European countries and will becommercialized in the UK, Germany and Denmark by SpeBio (a jointventure founded with SpePharm in order to sell the productthroughout Europe). "The SpeBio team is committed to making theproduct available to private-practice and hospital-basedoncologists, radiotherapists and infectious disease specialists",stated Jean-François Labbé (CEO of SpeBio). "The product hasreceived a very warm welcome, since it fulfils an unmet medicalneed in the field of oropharyngeal candidiasis inimmunocompromised patients".
With the UK, Germany and Denmark, BioAlliance Pharma is extendingits European presence and, with SpeBio, is actively preparingmarket launches (that could take place before the end of thisyear) in additional European countries.
About BioAlliance Pharma
BioAlliance Pharma SA is a specialty pharmaceutical companyfocused on the treatment of opportunistic infections in cancer andHIV. The company develops and commercializes innovative productswhich address resistance issues. The company has launched itsfirst portfolio product (Loramyc®) in France and alreadyreceived European Marketing Authorizations in UK, Germany,Belgium, Denmark and Luxemburg. The compound has completed thepivotal Phase III clinical development in oropharyngealcandidiasis in the USA. In addition, two other innovative productsare currently in Phase III clinical trials: acyclovir Lauriad®in oral herpes (based on the same Lauriad® muco-adhesivetechnology as Loramyc®, which enables targeted release at thedisease site) and doxorubicin Transdrug® in primary liver cancer(based on the Transdrug® nanoparticle technology, designedspecifically for intracellular targeting of resistant cells). Thecompany is also developing a new therapeutic entities programfocused on the oncology and infectious disease markets.
In 2007, the company has established strategic alliances forcommercializing Loramyc® in Europe (with JV SpeBio) and in theUSA with Par Pharmaceutical. In March 2008, BioAlliance Pharmasigned a partnership agreement with Handok Pharmaceuticals forcommercializing Loramyc® in Korea, Taiwan, Singapore andMalaysia and with Novamed Pharmaceuticals in June 2008 forcommercialization of Loramyc? in China. In May 2008, the companyexpanded its product portfolio via acquisition of the Europeancommercial rights to ondansetron Oral Spray (OS) from NovaDelPharma Inc. (Amex: NVD).
For more information, visit BioAlliance Pharma's website atwww.bioalliancepharma.com.
Disclaimer
This communication expressly or implicitly contains certainforward-looking statements concerning BioAlliance Pharma SA andits business. Such statements involve certain known and unknownrisks, uncertainties and other factors, which could cause theactual results, financial condition, performance or achievementsof BioAlliance Pharma SA to be materially different from anyfuture results, performance or achievements expressed or impliedby such forward-looking statements. BioAlliance Pharma SA isproviding this communication as of this date and does notundertake to update any forward-looking statements containedherein as a result of new information, future events or otherwise.For a discussion of risks and uncertainties which could causeactual results, financial condition, performance or achievementsof BioAlliance Pharma SA to differ from those contained in theforward-looking statements, please refer to the Risk Factors("Facteurs de Risque") section of the reference document approvedby the AMF on April 11 2008 under the number R. 08-021, which isavailable on the AMF website (http://www.amf-france.org) or onBioAlliance Pharma S.A.'s website(http://www.bioalliancepharma.com).
BioAlliance Pharma SA
Dominique Costantini, President and CEO
Tel.: +33 1 45 58 76 01
Email Contact
Nicolas Fellmann, CFO
Tel.: +33 1 45 58 71 00
Email Contact
ALIZE RP
Caroline Carmagnol
Tel.: +33 6 64 18 99 59
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