First Intravenous Anti-IL-5 Biologic Therapy for Severe Eosinophilic
Asthma Now Approved in Europe
JERUSALEM--(BUSINESS WIRE)--Aug. 18, 2016--
Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) today
announced that the European Commission has granted marketing
authorization for CINQAERO® (reslizumab) in the 28 countries
of the European Union (EU) in addition to Norway, Liechtenstein and
Iceland. CINQAERO® is a humanized interleukin-5 antagonist
monoclonal antibody for add-on therapy in adult patients with severe
eosinophilic asthma inadequately controlled despite high-dose inhaled
corticosteroids plus another medicinal product for maintenance treatment.
“For patients living with severe asthma, there is a significant unmet
need when it comes to treatment options, despite today’s standard of
care,” said Professor Guy Brusselle, Ghent University Hospital, Belgium.
“It is exciting and encouraging to see the approval of CINQAERO®
in Europe as physicians seek targeted treatment options for this
specific subset of patients living with uncontrolled severe eosinophilic
asthma. In clinical trials, CINQAERO® consistently
demonstrated the ability to improve multiple levels of asthma control,
including the reduction of exacerbations and improvement of lung
function and quality of life, making it an important treatment option
for those struggling to control their disease.”
The approval by the European Commission was based on review of efficacy
and safety data from Teva’s global development program, BREATH, in
asthma. The clinical trial program consisted of five placebo-controlled
studies. The program explored the efficacy and safety profile in a
population of 1,028 adult and adolescent severe asthma patients treated
with CINQAERO® 3 mg/kg every four weeks that were
inadequately controlled with inhaled corticosteroid (ICS)-based
therapies. Side effects included increased blood creatine phosphokinase,
myalgia and anaphylactic reactions.
“Severe asthma is a significant health issue in Europe and around the
world– and for patients living with a severe form of the condition
marked by elevated eosinophils – finding an effective treatment option
may be a challenge,” said Rob Koremans, MD, President and CEO of Teva
Global Specialty Medicines. “The approval in Europe is a significant
milestone for Teva, reinforcing the important work our respiratory
division has done, and continues to do, in developing innovative
therapies. It is our hope that the availability of this treatment may
better serve, and bring much-needed relief, to patients with severe
asthma who are still struggling with symptom control, despite standard
of care therapy.”
CINQAERO® is expected to become commercially available to
patients in Europe, by prescription, within the coming months. CINQAERO®
is currently approved and marketed in the United States and Canada as
CINQAIR® (reslizumab) Injection with pending regulatory
approvals in other global markets.
About CINQAERO® (reslizumab)
CINQAERO® is a humanized interleukin-5 (IL-5) antagonist
monoclonal antibody (IgG4 kappa). IL-5 is the most selective
eosinophil-active cytokine and plays a major role in the maturation,
activation and survival of eosinophils. In asthma patients, the
eosinophilic phenotype is associated with compromised lung function,
more frequent symptoms, and increased risk of exacerbations. CINQAERO®
binds to human IL-5 and prevents it from binding to the IL-5 receptor,
thereby reducing eosinophilic inflammation.
About Teva Respiratory
Teva Respiratory develops and delivers high-quality treatment options
for respiratory conditions, including asthma, COPD and allergic
rhinitis. The Teva Respiratory portfolio is centered on optimizing
respiratory treatment for patients and healthcare providers through the
development of novel delivery systems and therapies that help address
unmet needs. The company’s respiratory pipeline and clinical trial
program are based on drug molecules delivered in proprietary dry powder
formulations and breath-actuated device technologies, as well as
targeted biologics. Through research and clinical development, Teva
Respiratory continually works to expand, strengthen and build upon its
treatment portfolio to positively impact the lives of the millions of
patients living with respiratory disease.
About Teva
Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) is a leading
global pharmaceutical company that delivers high-quality,
patient-centric healthcare solutions to millions of patients every day.
Headquartered in Israel, Teva is the world’s largest generic medicines
producer, leveraging its portfolio of more than 1,800 molecules to
produce a wide range of generic products in nearly every therapeutic
area. In specialty medicines, Teva has a world-leading position in
innovative treatments for disorders of the central nervous system,
including pain, as well as a strong portfolio of respiratory products.
Teva integrates its generics and specialty capabilities in its global
research and development division to create new ways of addressing unmet
patient needs by combining drug development capabilities with devices,
services and technologies. Teva's net revenues in 2015 amounted to $19.7
billion. For more information, visit www.tevapharm.com.
Teva's Safe Harbor Statement under the U. S. Private Securities
Litigation Reform Act of 1995:
This release contains forward-looking statements, which are based on
management’s current beliefs and expectations and involve a number of
known and unknown risks and uncertainties that could cause our future
results, performance or achievements to differ significantly from the
results, performance or achievements expressed or implied by such
forward-looking statements. Important factors that could cause or
contribute to such differences include risks relating to: our ability to
develop and commercialize additional pharmaceutical products;
competition for our specialty products, especially Copaxone® (which
faces competition from orally-administered alternatives and a generic
version); our ability to consummate the acquisition of Allergan plc’s
worldwide generic pharmaceuticals business (“Actavis Generics”) and to
realize the anticipated benefits of such acquisition (and the timing of
realizing such benefits); the fact that following the consummation of
the Actavis Generics acquisition, we will be dependent to a much larger
extent than previously on our generic pharmaceutical business; potential
restrictions on our ability to engage in additional transactions or
incur additional indebtedness as a result of the substantial amount of
debt we will incur to finance the Actavis Generics acquisition; the fact
that for a period of time following the consummation of the Actavis
Generics acquisition, we will have significantly less cash on hand than
previously, which could adversely affect our ability to grow; the
possibility of material fines, penalties and other sanctions and other
adverse consequences arising out of our ongoing FCPA investigations and
related matters; our ability to achieve expected results from
investments in our pipeline of specialty and other products; our ability
to identify and successfully bid for suitable acquisition targets or
licensing opportunities, or to consummate and integrate acquisitions;
the extent to which any manufacturing or quality control problems damage
our reputation for quality production and require costly remediation;
increased government scrutiny in both the U.S. and Europe of our patent
settlement agreements; our exposure to currency fluctuations and
restrictions as well as credit risks; the effectiveness of our patents,
confidentiality agreements and other measures to protect the
intellectual property rights of our specialty medicines; the effects of
reforms in healthcare regulation and pharmaceutical pricing,
reimbursement and coverage; competition for our generic products, both
from other pharmaceutical companies and as a result of increased
governmental pricing pressures; governmental investigations into sales
and marketing practices, particularly for our specialty pharmaceutical
products; adverse effects of political or economic instability, major
hostilities or acts of terrorism on our significant worldwide
operations; interruptions in our supply chain or problems with internal
or third-party information technology systems that adversely affect our
complex manufacturing processes; significant disruptions of our
information technology systems or breaches of our data security;
competition for our specialty pharmaceutical businesses from companies
with greater resources and capabilities; the impact of continuing
consolidation of our distributors and customers; decreased opportunities
to obtain U.S. market exclusivity for significant new generic products;
potential liability in the U.S., Europe and other markets for sales of
generic products prior to a final resolution of outstanding patent
litigation; our potential exposure to product liability claims that are
not covered by insurance; any failure to recruit or retain key
personnel, or to attract additional executive and managerial talent; any
failures to comply with complex Medicare and Medicaid reporting and
payment obligations; significant impairment charges relating to
intangible assets, goodwill and property, plant and equipment; the
effects of increased leverage and our resulting reliance on access to
the capital markets; potentially significant increases in tax
liabilities; the effect on our overall effective tax rate of the
termination or expiration of governmental programs or tax benefits, or
of a change in our business; variations in patent laws that may
adversely affect our ability to manufacture our products in the most
efficient manner; environmental risks; and other factors that are
discussed in our Annual Report on Form 20-F for the year ended December
31, 2015 and in our other filings with the U.S. Securities and Exchange
Commission (the "SEC"). Forward-looking statements speak only as of the
date on which they are made and we assume no obligation to update or
revise any forward-looking statements or other information, whether as a
result of new information, future events or otherwise.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160818005168/en/
Source: Teva Pharmaceutical Industries Ltd.
Teva Pharmaceutical Industries Ltd.
IR:
United States
Kevin
C. Mannix, 215-591-8912
Ran Meir, 215-591-3033
or
Israel
Tomer
Amitai, 972 (3) 926-7656
or
PR:
Israel
Iris
Beck Codner, 972 (3) 926-7687
or
United States
Denise
Bradley, 215-591-8974
Nancy Leone, 215-284-0213