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In March 2009, H. Lundbeck A/S (Lundbeck) acquired Ovation Pharmaceuticals, Inc. (now Lundbeck Inc.). As part of the acquisition Lundbeck obtained the rights for clobazam in the US, a product in development for patients with Lennox-Gastaut syndrome (LGS). Lundbeck expects clobazam to be able to provide additional growth opportunities for the US operation as well as for the whole group. Lundbeck is very pleased to announce highly statistically significant positive findings from the pivotal clinical phase III study with clobazam. A New Drug Application (NDA) for clobazam is anticipated to be submitted with the U.S. Food and Drug Administration (FDA) before year end 2010. In the four armed placebo-controlled phase III study, including add-on treatment in 238 patients with LGS, clobazam met its primary endpoint and was further supported by results for several key secondary endpoints. Top-line data demonstrated that the two highest doses of clobazam, tested versus placebo, showed a highly statistically significant reduction in the number of drop seizures (average per week) from the 4-week baseline period to the 12-week maintenance period. In the study, clobazam was generally well tolerated and the overall safety profile in this study was consistent with that described in literature. The most frequent adverse events included somnolence and lethargy. The majority of patients completed the study and went on to receive clobazam in a long-term extension study. Following analysis of the clinical phase III results, Lundbeck is now initiating interactions with FDA as well as scientific advisors to discuss the study outcome and the plans for submitting an NDA for clobazam as a treatment for LGS. "Lennox-Gastaut syndrome is one of the most severe forms of epilepsy and there is a clear need for new treatment options. We are delighted to see these encouraging data for clobazam, bringing us an important step closer to providing a new treatment option to the patients in need" says Executive Vice President Anders Gersel Pedersen, Head of Drug Development at Lundbeck, and continues: "Also, clobazam has the potential to contribute, in a significant manner, to Lundbeck's growth opportunities in the years to come." Financial guidance About the clinical phase III study About clobazam Currently, clobazam is widely available worldwide with approvals in more than 100 countries for various uses in both children and adults, including the treatment of epilepsy and anxiety. Though not currently approved for any use in the US, the current study is part of a clinical development program to obtain FDA approval for clobazam as adjunctive treatment for patients with LGS. About Lennox-Gastaut syndrome (LGS)   About Lundbeck Lundbeck was founded in 1915 by Hans Lundbeck in Copenhagen, Denmark, and employs today approximately 5,900 people worldwide. Lundbeck is one of the world's leading pharmaceutical companies working with CNS disorders. In 2009, the company's revenue was DKK 13.7 billion (approximately EUR 1.8 billion or USD 2.6 billion). For more information, please visit www.lundbeck.com. |