AstraZeneca PLC
16 May 2002
ASTRAZENECA AND SHIONOGI TO CO - MARKET CRESTORTM - A NEW CHOLESTEROL LOWERING
TREATMENT - IN JAPAN
AstraZeneca and Shionogi & Co. Ltd. today announced an agreement to co-market
CRESTORTM, a new treatment for dyslipidaemia, in Japan.
AstraZeneca filed a New Drug Application with the Japanese Ministry of Health,
Labour and Welfare on April 23 (2002) for CRESTOR, a highly effective addition
to the statin class of lipid-lowering medicines, for treatment of
hypercholesterolaemia.
This agreement is an important part of AstraZeneca's global marketing strategy
for CRESTOR. Japan is the second biggest pharmaceuticals market in the world
with a highly competitive statin sector. Shionogi is a powerful force there
with a high reputation for its R&D and sales and marketing capabilities.
Co-marketing will accelerate penetration of CRESTOR into the Japanese market.
HMG-CoA reductase inhibitors or statins lower cholesterol in the blood.
AstraZeneca has implemented CRESTOR clinical studies involving over 9,000
patients worldwide. The results of the studies suggest that CRESTOR improves
overall lipid values to a significant extent and is generally well tolerated.
The efficacy of CRESTOR has been confirmed and data show:
• Greater effect in lowering LDL-C ('bad' cholesterol)- a risk factor in
coronary heart disease (CHD) - compared with the leading currently marketed
statins.
• Greater effect in raising HDL-C ('good' cholesterol) - low levels of HDL-C
are an additional risk factor for the development of CHD - compared with the
leading currently marketed statins.
• Excellent lowering of triglyceride - also a risk factor for the
development of CHD
• An adverse event profile similar to other currently marketed statins.
CHD is the leading cause of death in Europe and the US. As 36 million patients
in the US will need some kind of treatment for dyslipidaemia, improved lipid
control is necessary to reduce the number of patients with CHD. In Japan, the
average cholesterol value has risen to that seen in Europe and US as the
Japanese diet has been westernised. This tendency is shown especially in young
people under 20 years and in men in their thirties and forties.
The global statin market is estimated to be worth more than $14 billion and is
growing at a rate of more than 20 per cent. Licensed from Shionogi in April
1998, CRESTOR has been developed globally by AstraZeneca. CRESTOR was submitted
simultaneously for regulatory approval in the US and Europe in June 2001.
16 May 2002
Media Enquiries:
Emily Denney, Tel: +44 (0) 7710 125 359
Steve Brown, Tel: +44 (0) 7802 186 423
Investor Relations:
Mina Blair Robinson, Tel: +44 (0) 207 304 5084
Jonathan Hunt, Tel: +44 (0) 207 304 5087
- Ends -
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.