Guest guest Posted January 16, 2004 Report Share Posted January 16, 2004 Chiron Advances Hepatitis C Vaccine Development Program Chiron Vaccines and CSL Sign New Collaboration Agreement EMERYVILLE, Calif., Jan. 14 /PRNewswire-FirstCall/ -- Chiron Corporation (Nasdaq: CHIR) today announced a new collaboration agreement with CSL Limited, an Australian-based pharmaceutical company, to develop a therapeutic hepatitis C vaccine. Under the terms of the joint development agreement, Chiron will provide its novel hepatitis C virus (HCV) antigens, and CSL will contribute its proprietary ISCOMATRIX® adjuvant technology. " While there remains much development work ahead, the Phase I clinical trial, completed in collaboration with CSL, showed that our vaccine has a good safety profile and generates the type of immune responses required for a potential treatment for HCV, " said Lambert, president, Chiron Vaccines. " In the next year, we will build on this foundation, and indeed the foundation Chiron scientists laid with the identification of the hepatitis C virus in 1987, by testing the vaccine in chronically infected patients. " " This new agreement further validates CSL's proprietary ISCOMATRIX® adjuvant technology, and we are proud to use it to collaborate closely with our colleagues at Chiron Vaccines on developing a potential product for treating hepatitis C, " said McNamee, CEO of CSL Limited. " Hepatitis C infection remains a major health issue, and there is a clear need for improved therapy. " In 1987, Chiron scientists Houghton, Ph.D.; Qui-Lim Choo, Ph.D.; and Kuo, Ph.D., cloned and first identified HCV as the cause of transfusion-related non-A, non-B hepatitis. This breakthrough marked the first time a virus was cloned before it had been grown in tissue culture or otherwise isolated. The Chiron scientists received the prestigious Lasker Award in recognition of this discovery. Since the initial work, Chiron has been granted more than 100 HCV-related patents in over 20 countries, including patents directed to hepatitis C polypeptides encoded throughout the genomes of HCV. Such polypeptides can be used in a variety of medical applications, including blood screening, clinical diagnosis, vaccines and as therapeutic targets for drug screening. A number of therapeutic companies have been granted nonexclusive licenses to Chiron's HCV technology for drug screening purposes, including Bristol-Myers Squibb, GlaxoKline, Japan Tobacco Inc. and Pfizer. About Hepatitis C The hepatitis C virus (HCV) is transmitted via blood or body fluids. Approximately 4 million Americans have been infected with HCV, of whom 2.7 million are chronically infected. Seventy percent of those chronically infected develop chronic liver disease, making HCV infection the leading indication for liver transplantation. Treatment consists of interferon alone or in combination with ribavirin, with combination therapy ridding the virus in 50-80 percent of cases, depending on the virus genotype. No vaccine exists to prevent HCV. About Chiron Vaccines Chiron Vaccines, the world's fifth-largest vaccines business, is headquartered in Oxford, United Kingdom, and has facilities located throughout Europe, the United States and Asia. Chiron Vaccines is the world's second-largest manufacturer of flu vaccines and has important meningitis, pediatric and travel vaccine franchises. Chiron Vaccines is the leading vaccine manufacturer in the United Kingdom, Germany and Italy. The company's portfolio of products includes vaccines for influenza, meningitis C, yellow fever, rabies, tick-borne encephalitis, haemophilus influenzae B (Hib), polio, mumps, measles and rubella (MMR) and diphtheria, tetanus and pertussis (whooping cough). About Chiron Chiron Corporation, headquartered in Emeryville, California, is a global pharmaceutical company that leverages a diverse business model to develop and commercialize high-value products that make a difference in people's lives. The company has a strategic focus on cancer and infectious disease. Chiron applies its advanced understanding of the biology of cancer and infectious disease to develop products from its platforms in proteins, small molecules and vaccines. The company commercializes its products through three business units: BioPharmaceuticals, Vaccines and Blood Testing. For more information about Chiron, visit the company's website at www.chiron.com. This news release contains forward-looking statements, including statements regarding sales growth, product development initiatives, new product indications, new product marketing, and in- and out-licensing activities, that involve risks and uncertainties and are subject to change. A full discussion of the company's operations and financial condition, including factors that may affect its business and future prospects, is contained in documents the company has filed with the SEC, including the form 10-Q for the quarter ended September 30, 2003, and the form 10-K for the year ended December 31, 2002, and will be contained in all subsequent periodic filings made with the SEC. These documents identify important factors that could cause the company's actual performance to differ from current expectations, including the outcome of clinical trials, regulatory review and approvals, manufacturing capabilities, intellectual property protections and defenses, stock-price and interest-rate volatility, and marketing effectiveness. In particular, there can be no assurance that Chiron will increase sales of existing products, successfully develop and receive approval to market new products, or achieve market acceptance for such new products. There can be no assurance that Chiron's out-licensing activities will generate significant revenue, nor that its in-licensing activities will fully protect it from claims of infringement by third parties. In addition, the company may engage in business opportunities, the successful completion of which are subject to certain risks, including shareholder and regulatory approvals and the integration of operations. Consistent with SEC Regulation FD, we do not undertake an obligation to update the forward-looking information we are giving today. NOTE: ISCOMATRIX is a trademark of CSL Limited. SOURCE Chiron Corporation http://www.chiron.com/investors/pressreleases/press_release011404.html Quote Link to comment Share on other sites More sharing options...
Guest guest Posted January 16, 2004 Report Share Posted January 16, 2004 Chiron Advances Hepatitis C Vaccine Development Program Chiron Vaccines and CSL Sign New Collaboration Agreement EMERYVILLE, Calif., Jan. 14 /PRNewswire-FirstCall/ -- Chiron Corporation (Nasdaq: CHIR) today announced a new collaboration agreement with CSL Limited, an Australian-based pharmaceutical company, to develop a therapeutic hepatitis C vaccine. Under the terms of the joint development agreement, Chiron will provide its novel hepatitis C virus (HCV) antigens, and CSL will contribute its proprietary ISCOMATRIX® adjuvant technology. " While there remains much development work ahead, the Phase I clinical trial, completed in collaboration with CSL, showed that our vaccine has a good safety profile and generates the type of immune responses required for a potential treatment for HCV, " said Lambert, president, Chiron Vaccines. " In the next year, we will build on this foundation, and indeed the foundation Chiron scientists laid with the identification of the hepatitis C virus in 1987, by testing the vaccine in chronically infected patients. " " This new agreement further validates CSL's proprietary ISCOMATRIX® adjuvant technology, and we are proud to use it to collaborate closely with our colleagues at Chiron Vaccines on developing a potential product for treating hepatitis C, " said McNamee, CEO of CSL Limited. " Hepatitis C infection remains a major health issue, and there is a clear need for improved therapy. " In 1987, Chiron scientists Houghton, Ph.D.; Qui-Lim Choo, Ph.D.; and Kuo, Ph.D., cloned and first identified HCV as the cause of transfusion-related non-A, non-B hepatitis. This breakthrough marked the first time a virus was cloned before it had been grown in tissue culture or otherwise isolated. The Chiron scientists received the prestigious Lasker Award in recognition of this discovery. Since the initial work, Chiron has been granted more than 100 HCV-related patents in over 20 countries, including patents directed to hepatitis C polypeptides encoded throughout the genomes of HCV. Such polypeptides can be used in a variety of medical applications, including blood screening, clinical diagnosis, vaccines and as therapeutic targets for drug screening. A number of therapeutic companies have been granted nonexclusive licenses to Chiron's HCV technology for drug screening purposes, including Bristol-Myers Squibb, GlaxoKline, Japan Tobacco Inc. and Pfizer. About Hepatitis C The hepatitis C virus (HCV) is transmitted via blood or body fluids. Approximately 4 million Americans have been infected with HCV, of whom 2.7 million are chronically infected. Seventy percent of those chronically infected develop chronic liver disease, making HCV infection the leading indication for liver transplantation. Treatment consists of interferon alone or in combination with ribavirin, with combination therapy ridding the virus in 50-80 percent of cases, depending on the virus genotype. No vaccine exists to prevent HCV. About Chiron Vaccines Chiron Vaccines, the world's fifth-largest vaccines business, is headquartered in Oxford, United Kingdom, and has facilities located throughout Europe, the United States and Asia. Chiron Vaccines is the world's second-largest manufacturer of flu vaccines and has important meningitis, pediatric and travel vaccine franchises. Chiron Vaccines is the leading vaccine manufacturer in the United Kingdom, Germany and Italy. The company's portfolio of products includes vaccines for influenza, meningitis C, yellow fever, rabies, tick-borne encephalitis, haemophilus influenzae B (Hib), polio, mumps, measles and rubella (MMR) and diphtheria, tetanus and pertussis (whooping cough). About Chiron Chiron Corporation, headquartered in Emeryville, California, is a global pharmaceutical company that leverages a diverse business model to develop and commercialize high-value products that make a difference in people's lives. The company has a strategic focus on cancer and infectious disease. Chiron applies its advanced understanding of the biology of cancer and infectious disease to develop products from its platforms in proteins, small molecules and vaccines. The company commercializes its products through three business units: BioPharmaceuticals, Vaccines and Blood Testing. For more information about Chiron, visit the company's website at www.chiron.com. This news release contains forward-looking statements, including statements regarding sales growth, product development initiatives, new product indications, new product marketing, and in- and out-licensing activities, that involve risks and uncertainties and are subject to change. A full discussion of the company's operations and financial condition, including factors that may affect its business and future prospects, is contained in documents the company has filed with the SEC, including the form 10-Q for the quarter ended September 30, 2003, and the form 10-K for the year ended December 31, 2002, and will be contained in all subsequent periodic filings made with the SEC. These documents identify important factors that could cause the company's actual performance to differ from current expectations, including the outcome of clinical trials, regulatory review and approvals, manufacturing capabilities, intellectual property protections and defenses, stock-price and interest-rate volatility, and marketing effectiveness. In particular, there can be no assurance that Chiron will increase sales of existing products, successfully develop and receive approval to market new products, or achieve market acceptance for such new products. There can be no assurance that Chiron's out-licensing activities will generate significant revenue, nor that its in-licensing activities will fully protect it from claims of infringement by third parties. In addition, the company may engage in business opportunities, the successful completion of which are subject to certain risks, including shareholder and regulatory approvals and the integration of operations. Consistent with SEC Regulation FD, we do not undertake an obligation to update the forward-looking information we are giving today. NOTE: ISCOMATRIX is a trademark of CSL Limited. SOURCE Chiron Corporation http://www.chiron.com/investors/pressreleases/press_release011404.html Quote Link to comment Share on other sites More sharing options...
Guest guest Posted January 16, 2004 Report Share Posted January 16, 2004 Chiron Advances Hepatitis C Vaccine Development Program Chiron Vaccines and CSL Sign New Collaboration Agreement EMERYVILLE, Calif., Jan. 14 /PRNewswire-FirstCall/ -- Chiron Corporation (Nasdaq: CHIR) today announced a new collaboration agreement with CSL Limited, an Australian-based pharmaceutical company, to develop a therapeutic hepatitis C vaccine. Under the terms of the joint development agreement, Chiron will provide its novel hepatitis C virus (HCV) antigens, and CSL will contribute its proprietary ISCOMATRIX® adjuvant technology. " While there remains much development work ahead, the Phase I clinical trial, completed in collaboration with CSL, showed that our vaccine has a good safety profile and generates the type of immune responses required for a potential treatment for HCV, " said Lambert, president, Chiron Vaccines. " In the next year, we will build on this foundation, and indeed the foundation Chiron scientists laid with the identification of the hepatitis C virus in 1987, by testing the vaccine in chronically infected patients. " " This new agreement further validates CSL's proprietary ISCOMATRIX® adjuvant technology, and we are proud to use it to collaborate closely with our colleagues at Chiron Vaccines on developing a potential product for treating hepatitis C, " said McNamee, CEO of CSL Limited. " Hepatitis C infection remains a major health issue, and there is a clear need for improved therapy. " In 1987, Chiron scientists Houghton, Ph.D.; Qui-Lim Choo, Ph.D.; and Kuo, Ph.D., cloned and first identified HCV as the cause of transfusion-related non-A, non-B hepatitis. This breakthrough marked the first time a virus was cloned before it had been grown in tissue culture or otherwise isolated. The Chiron scientists received the prestigious Lasker Award in recognition of this discovery. Since the initial work, Chiron has been granted more than 100 HCV-related patents in over 20 countries, including patents directed to hepatitis C polypeptides encoded throughout the genomes of HCV. Such polypeptides can be used in a variety of medical applications, including blood screening, clinical diagnosis, vaccines and as therapeutic targets for drug screening. A number of therapeutic companies have been granted nonexclusive licenses to Chiron's HCV technology for drug screening purposes, including Bristol-Myers Squibb, GlaxoKline, Japan Tobacco Inc. and Pfizer. About Hepatitis C The hepatitis C virus (HCV) is transmitted via blood or body fluids. Approximately 4 million Americans have been infected with HCV, of whom 2.7 million are chronically infected. Seventy percent of those chronically infected develop chronic liver disease, making HCV infection the leading indication for liver transplantation. Treatment consists of interferon alone or in combination with ribavirin, with combination therapy ridding the virus in 50-80 percent of cases, depending on the virus genotype. No vaccine exists to prevent HCV. About Chiron Vaccines Chiron Vaccines, the world's fifth-largest vaccines business, is headquartered in Oxford, United Kingdom, and has facilities located throughout Europe, the United States and Asia. Chiron Vaccines is the world's second-largest manufacturer of flu vaccines and has important meningitis, pediatric and travel vaccine franchises. Chiron Vaccines is the leading vaccine manufacturer in the United Kingdom, Germany and Italy. The company's portfolio of products includes vaccines for influenza, meningitis C, yellow fever, rabies, tick-borne encephalitis, haemophilus influenzae B (Hib), polio, mumps, measles and rubella (MMR) and diphtheria, tetanus and pertussis (whooping cough). About Chiron Chiron Corporation, headquartered in Emeryville, California, is a global pharmaceutical company that leverages a diverse business model to develop and commercialize high-value products that make a difference in people's lives. The company has a strategic focus on cancer and infectious disease. Chiron applies its advanced understanding of the biology of cancer and infectious disease to develop products from its platforms in proteins, small molecules and vaccines. The company commercializes its products through three business units: BioPharmaceuticals, Vaccines and Blood Testing. For more information about Chiron, visit the company's website at www.chiron.com. This news release contains forward-looking statements, including statements regarding sales growth, product development initiatives, new product indications, new product marketing, and in- and out-licensing activities, that involve risks and uncertainties and are subject to change. A full discussion of the company's operations and financial condition, including factors that may affect its business and future prospects, is contained in documents the company has filed with the SEC, including the form 10-Q for the quarter ended September 30, 2003, and the form 10-K for the year ended December 31, 2002, and will be contained in all subsequent periodic filings made with the SEC. These documents identify important factors that could cause the company's actual performance to differ from current expectations, including the outcome of clinical trials, regulatory review and approvals, manufacturing capabilities, intellectual property protections and defenses, stock-price and interest-rate volatility, and marketing effectiveness. In particular, there can be no assurance that Chiron will increase sales of existing products, successfully develop and receive approval to market new products, or achieve market acceptance for such new products. There can be no assurance that Chiron's out-licensing activities will generate significant revenue, nor that its in-licensing activities will fully protect it from claims of infringement by third parties. In addition, the company may engage in business opportunities, the successful completion of which are subject to certain risks, including shareholder and regulatory approvals and the integration of operations. Consistent with SEC Regulation FD, we do not undertake an obligation to update the forward-looking information we are giving today. NOTE: ISCOMATRIX is a trademark of CSL Limited. SOURCE Chiron Corporation http://www.chiron.com/investors/pressreleases/press_release011404.html Quote Link to comment Share on other sites More sharing options...
Guest guest Posted January 16, 2004 Report Share Posted January 16, 2004 Chiron Advances Hepatitis C Vaccine Development Program Chiron Vaccines and CSL Sign New Collaboration Agreement EMERYVILLE, Calif., Jan. 14 /PRNewswire-FirstCall/ -- Chiron Corporation (Nasdaq: CHIR) today announced a new collaboration agreement with CSL Limited, an Australian-based pharmaceutical company, to develop a therapeutic hepatitis C vaccine. Under the terms of the joint development agreement, Chiron will provide its novel hepatitis C virus (HCV) antigens, and CSL will contribute its proprietary ISCOMATRIX® adjuvant technology. " While there remains much development work ahead, the Phase I clinical trial, completed in collaboration with CSL, showed that our vaccine has a good safety profile and generates the type of immune responses required for a potential treatment for HCV, " said Lambert, president, Chiron Vaccines. " In the next year, we will build on this foundation, and indeed the foundation Chiron scientists laid with the identification of the hepatitis C virus in 1987, by testing the vaccine in chronically infected patients. " " This new agreement further validates CSL's proprietary ISCOMATRIX® adjuvant technology, and we are proud to use it to collaborate closely with our colleagues at Chiron Vaccines on developing a potential product for treating hepatitis C, " said McNamee, CEO of CSL Limited. " Hepatitis C infection remains a major health issue, and there is a clear need for improved therapy. " In 1987, Chiron scientists Houghton, Ph.D.; Qui-Lim Choo, Ph.D.; and Kuo, Ph.D., cloned and first identified HCV as the cause of transfusion-related non-A, non-B hepatitis. This breakthrough marked the first time a virus was cloned before it had been grown in tissue culture or otherwise isolated. The Chiron scientists received the prestigious Lasker Award in recognition of this discovery. Since the initial work, Chiron has been granted more than 100 HCV-related patents in over 20 countries, including patents directed to hepatitis C polypeptides encoded throughout the genomes of HCV. Such polypeptides can be used in a variety of medical applications, including blood screening, clinical diagnosis, vaccines and as therapeutic targets for drug screening. A number of therapeutic companies have been granted nonexclusive licenses to Chiron's HCV technology for drug screening purposes, including Bristol-Myers Squibb, GlaxoKline, Japan Tobacco Inc. and Pfizer. About Hepatitis C The hepatitis C virus (HCV) is transmitted via blood or body fluids. Approximately 4 million Americans have been infected with HCV, of whom 2.7 million are chronically infected. Seventy percent of those chronically infected develop chronic liver disease, making HCV infection the leading indication for liver transplantation. Treatment consists of interferon alone or in combination with ribavirin, with combination therapy ridding the virus in 50-80 percent of cases, depending on the virus genotype. No vaccine exists to prevent HCV. About Chiron Vaccines Chiron Vaccines, the world's fifth-largest vaccines business, is headquartered in Oxford, United Kingdom, and has facilities located throughout Europe, the United States and Asia. Chiron Vaccines is the world's second-largest manufacturer of flu vaccines and has important meningitis, pediatric and travel vaccine franchises. Chiron Vaccines is the leading vaccine manufacturer in the United Kingdom, Germany and Italy. The company's portfolio of products includes vaccines for influenza, meningitis C, yellow fever, rabies, tick-borne encephalitis, haemophilus influenzae B (Hib), polio, mumps, measles and rubella (MMR) and diphtheria, tetanus and pertussis (whooping cough). About Chiron Chiron Corporation, headquartered in Emeryville, California, is a global pharmaceutical company that leverages a diverse business model to develop and commercialize high-value products that make a difference in people's lives. The company has a strategic focus on cancer and infectious disease. Chiron applies its advanced understanding of the biology of cancer and infectious disease to develop products from its platforms in proteins, small molecules and vaccines. The company commercializes its products through three business units: BioPharmaceuticals, Vaccines and Blood Testing. For more information about Chiron, visit the company's website at www.chiron.com. This news release contains forward-looking statements, including statements regarding sales growth, product development initiatives, new product indications, new product marketing, and in- and out-licensing activities, that involve risks and uncertainties and are subject to change. A full discussion of the company's operations and financial condition, including factors that may affect its business and future prospects, is contained in documents the company has filed with the SEC, including the form 10-Q for the quarter ended September 30, 2003, and the form 10-K for the year ended December 31, 2002, and will be contained in all subsequent periodic filings made with the SEC. These documents identify important factors that could cause the company's actual performance to differ from current expectations, including the outcome of clinical trials, regulatory review and approvals, manufacturing capabilities, intellectual property protections and defenses, stock-price and interest-rate volatility, and marketing effectiveness. In particular, there can be no assurance that Chiron will increase sales of existing products, successfully develop and receive approval to market new products, or achieve market acceptance for such new products. There can be no assurance that Chiron's out-licensing activities will generate significant revenue, nor that its in-licensing activities will fully protect it from claims of infringement by third parties. In addition, the company may engage in business opportunities, the successful completion of which are subject to certain risks, including shareholder and regulatory approvals and the integration of operations. Consistent with SEC Regulation FD, we do not undertake an obligation to update the forward-looking information we are giving today. NOTE: ISCOMATRIX is a trademark of CSL Limited. SOURCE Chiron Corporation http://www.chiron.com/investors/pressreleases/press_release011404.html Quote Link to comment Share on other sites More sharing options...
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