Innovacell Includes First Patients in a Phase IIb Study for Its Cell Therapy Product urocell, for the Treatment of Stress Urinary Incontinence
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|Tuesday, 15 June 2010 09:00 (UTC + 2)|
A total of 245 patients will be treated during Phase IIb – the study will evaluate the effectiveness and determine the optimal dose for treatment.
Innsbruck, Austria, June 15, 2010 / b3c newswire / – "First patient in" is the call from the Innsbruck firm, Innovacell Biotechnologie AG, as the first patient was recruited at the MHAT Plovdiv clinic in Bulgaria for the Phase IIb study of the advanced therapy medicinal product, urocell®. The clinical study will be conducted, beside Bulgaria, in the Czech Republic, Germany, Poland and Romania at more than 50 clinics.
"Altogether in this controlled clinical study, some 245 patients will participate. The study objective is to determine the optimal dose for treatment and to evaluate the effectiveness in the indication of Stress Urinary Incontinence," explained Innovacell CEO, Ekkehart Steinhuber. Initial evidential results are expected for the fourth quarter of 2010. Innovacell is investing 10 million Euro in the Phase IIb study.
Phase IIb study
Since 2007, the European Union has laid down a set procedure for the clinical development of tissue engineered products – it covers the pre-clinical stage up to the Phase III study, after which permission to market can be granted. After 30 December 2012 – the end of the transition period for the use of products which were on the market before a set date – no further marketing will be allowed without this centralized EU permission.
Information on Innovacell Biotechnologie AG - www.innovacell.at
The main shareholders in Innovacell Biotechnologie are domestic and foreign financial investors. Chairman of the supervisory board is the experienced financial expert, Dr Harald Poettinger, a director of Hypo Equity Management AG, based in Bregenz, Austria.
For further enquiries, contact:
Mag. Florian Neuner