AstraZeneca PLC
6 December 1999
ASTRAZENECA'S FIRST
PHARMACEUTICALS R&D PRESENTATION
HIGHLIGHTS
- AstraZeneca has a significant number of key new products in
late development or awaiting registration covering cancer,
cardiovascular (two products), gastrointestinal and respiratory
diseases.
- 159 projects, including 57 new compounds, are in AstraZeneca's
R&D pipeline.
- R&D targets aim to deliver more than 15 candidate drugs per
year by 2003 into development, contributing to doubling the
future value of the portfolio every five years.
- AstraZeneca today announces (December 6) submission to the US
Food and Drug Administration of a New Drug Application for Nexium
- the brand name of the second generation of Proton Pump Inhibitor,
which will extend the company's gastrointestinal franchise. Clinical
data show that Nexium has set a new therapy standard with
significant clinical benefits over Losec. The first launch in
Europe is expected in the second half of 2000.
- Phase II trials data for AstraZeneca's ZD4522 superstatin
confirms better lipid lowering efficacy than any existing product
and tolerability equivalent to the best in the class.
- Phase III studies have started on AstraZeneca's compound
H376/95 (an oral thrombin inhibitor), potentially the first advance in
more than 50 years in thrombosis treatment - a product to supersede
warfarin that will not require frequent monitoring.
- Iressa, AstraZeneca's new cancer treatment, shows promise in
Phase II trials and is included in 15 promising cancer products in
pre-clinical and clinical investigation. The company has novel
approaches including anti-proliferatives, anti-angiogenics and
inhibitors of cancer invasion in development.
- Phase III trials of Viozan for Chronic Obstructive Pulmonary
Disease (COPD) have started. Together with other opportunities within
the Respiratory area such as Symbicort and Oxis, AstraZeneca now
has the opportunity to offer all current modalities for asthma
and an exciting extension into COPD.
- Novel approaches to the treatment of pain, including strong
analgesics without opioid side effects, will be added to a world leading
position in anaesthesia to build global leadership in pain control.
- In addition to Seroquel for schizophrenia and Zomig for
migraine, the Central Nervous System area will be broadened with a series
of new approaches for acute treatment of stroke added to new compounds
for the treatment of depression and anxiety.
Dr Tom McKillop, Chief Executive of AstraZeneca said 'We have
transformed AstraZeneca into a focused pharmaceutical company. We
are opportunity rich and have the determination and resources to
bring these successfully to the market.'
A list of compounds in AstraZeneca's R&D portfolio will follow. The
full Press release issued today to coincide with the R&D
presentation to financial analysts is available on
www.astrazeneca.com under 'Financials'.
6 December 1999
Further Enquiries:
Media:
Steve Brown, tel +44 171 304 5033
Lucy Williams, tel +44 171 304 5034
Mikael Widell, tel +44 171 304 5030
Investor Relations:
Michael Olsson, tel +44 171 304 5087
Elizabeth Sutton, tel +44 171 304 5101
Ed Seage, tel +1 302 886 4065
Jorgen Winroth, tel +1 609 896 4148
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