Pink Sheet is part of Pharma Intelligence UK Limited

This site is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction

GENZYME’s RECOMBINANT CEREDASE WILL ENTER MARKET IN 1992

Executive Summary

GENZYME's RECOMBINANT CEREDASE WILL ENTER MARKET IN 1992, Genzyme President and CEO Henri Termeer predicted at a May 9 Alex. Brown-sponsored healthcare conference in Baltimore. "The recombinant form of Ceredase, which would allow us to achieve full market penetration, is about two years behind the first product, and we expect that we will ask the government for approval during 1992 and get approval by the end of that year," Termeer said. The company's placenta-derived Ceredase (glucocerebrosidase) received Treatment IND approval in November as an enzyme replacement therapy for Gaucher's Disease ("The Pink Sheet" Nov. 27, p. 7) and is undergoing expedited review at FDA after a preliminary filing in January. The company expects NDA approval by the end of the year. The fact that Ceredase must be derived from placenta makes the availability of the compound scarce. Currently, only a handful of patients are being treated, both because of the limited supply and because FDA and Genzyme have been slow to arrive at an agreement on the Treatment IND price for the drug ("The Pink Sheet" March 5, T&G-4). Initially, the firm expected that 200 Type I Gaucher's patients would use the drug under the Treatment IND. By the end 1990, however, Termeer said the company should have the "ability to treat 2,000, possibly 3,000 patients" in the U.S. The company had to build a new plant in France to accommodate the supply need. The cost per patient for the first generation product will range from $30,000 to $50,000 per year for the first two years, Termeer said. The company has said that it expects yearly sales of Ceredase to reach $50 to $100 mil. Ceredase is beginning to receive reimbursement by health care payers, Termeer said. "We are being compensated for this on a compassionate [patient need] basis and are working with a number of reimbursement agencies and are receiving a very good response," Termeer commented. "There is an educational task to help insurance companies understand the cost-benefit-relationship" of Ceredase treatment, Termeer maintained, noting that currently, Gaucher's Disease often goes untreated.

You may also be interested in...



Part D Discount Liability Coming Into Focus: CMS Releases Drug Cost Data

Newly released Medicare Part D data sheds light on the sales hit that branded pharmaceutical manufacturers will face when the coverage gap discount program gets under way in 2011

FDA Skin Infections Guidance Spurs Debate On Endpoint Relevance

FDA appears headed for a showdown with clinicians and the pharmaceutical industry over the proposed new clinical trial endpoints for acute bacterial skin and skin structure infections, the guidance's approach for justifying a non-inferiority margin and proposed changes in the types of patients that should be enrolled in trials

Shire Hopes To Sow Future Deals With $50M Venture Fund

Specialty drug maker Shire has quietly begun scouting deals with a brand-new $50 million venture fund, the latest of several in-house investment arms to launch with their parent company's pipelines, not profits, as the measure of their worth

Latest Headlines
See All
UsernamePublicRestriction

Register

PS017413

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel