Radhakrishnan and Dr B. K. Kulkarni, etc, He did custom synthesis for major multinationals in his career like BASF, Novartis, Sanofi, etc., He has worked in Discovery, Natural products, Bulk drugs, Generics, Intermediates, Fine chemicals, Neutraceuticals, GMP, Scaleups, etc, he is now helping millions, has 9 million plus hits on Google on all Organic chemistry websites. “We would like to thank the scientific community and patients involved in the ADMIRE-CD trial for their support in helping us reach this important milestone. Receipt of the MA will trigger a milestone payment from Takeda to TiGenix of €15 million. Furthermore, forward-looking statements, forecasts and estimates only speak as of the date of the publication of this press release. Cx601 has been filed for regulatory approval in Europe and a global Phase III trial intended to support a future U.S. Biologic License Application (BLA) started in 2017. Because of immune modulation, MSCs can effectively suppress both acute and chronic inflammation, with an example being the approved drug Prochymal for the treatment of GvHD. Developed by TiGenix, Alofisel is the first stem cell therapy made out of donor stem cells to receive a marketing authorization in Europe. TiGenix completed a European Phase III clinical trial (ADMIRE-CD) in August 2015 in which both the primary endpoint and the safety and efficacy profile were met, with patients receiving Cx601 showing a 44% greater probability of achieving combined remission compared to control (placebo).This press release may contain forward-looking statements and estimates with respect to the anticipated future performance of TiGenix and the market in which it operates. “We are pleased to offer the medical community an important new treatment option for patients with Crohn’s disease who do not respond to currently available therapies.”Alofisel has been licensed to Takeda for the exclusive development and commercialization outside of the US. “We look forward to bringing this much needed treatment option to patients across Europe in the coming months.” Copyright © 2020 WTWH Media LLC. Market Summary > Current Price
Alofisel was designated as an orphan medicinal product on 8 October 2009. Actual events are difficult to predict and may depend upon factors that are beyond the Company’s control. The active substance of Alofisel is darvadstrocel. We use them to give you the best experience.
La Fundacion para la Investigacion Biomedica del Hospital Universitario La Paz; Takeda; TiGenixCommittee for Medicinal Products for Human Use (CHMP) and Committee for Advanced Therapies (CAT) recommend approval for darvadstrocel for Rectal fistula in European UnionTiGenix in-licenses patents related to adipose-derived mesenchymal stem cells from Mesoblast Menu Close. TiGenix is headquartered in Leuven (Belgium) and has operations in Madrid (Spain) and Cambridge, MA (USA). Crohn’s disease is a chronic inflammatory disease of the intestine and complex perianal fistulas are a severe and debilitating complication for which there is currently no effective treatment. The applicant for this medicinal product is Tigenix, S.A.U.Alofisel will be available as a suspension for injection (5 million cells/ml). This marks the first allogeneic stem cell therapy to receive central marketing authorization (MA) approval in Europe.The European approval follows a positive opinion by the European Medicines Agency(EMA) Committee for Medicinal Products for Human Use (CHMP), in conjunction with the Committee for Advanced Therapies (CAT), in December 2017. and implementation them on commercial scale over a 30 year tenure till date Dec 2017, Around 35 plus products in his career. “Alofisel offers a novel, minimally invasive and well tolerated alternative treatment option for patients with Crohn’s disease who do not respond to currently available therapies, and who have until now had limited treatment options available.”“This approval of Alofisel reflects our deep understanding and recognized leadership in the development of allogeneic stem cells and our firm commitment to developing innovative therapies for medical needs,” said Dr. María Pascual, VP Regulatory Affairs and Corporate Quality at TiGenix.
La Fundacion para la Investigacion Biomedica del Hospital Universitario La Paz; Takeda; TiGenixCommittee for Medicinal Products for Human Use (CHMP) and Committee for Advanced Therapies (CAT) recommend approval for darvadstrocel for Rectal fistula in European UnionTiGenix in-licenses patents related to adipose-derived mesenchymal stem cells from Mesoblast Menu Close. TiGenix is headquartered in Leuven (Belgium) and has operations in Madrid (Spain) and Cambridge, MA (USA). Crohn’s disease is a chronic inflammatory disease of the intestine and complex perianal fistulas are a severe and debilitating complication for which there is currently no effective treatment. The applicant for this medicinal product is Tigenix, S.A.U.Alofisel will be available as a suspension for injection (5 million cells/ml). This marks the first allogeneic stem cell therapy to receive central marketing authorization (MA) approval in Europe.The European approval follows a positive opinion by the European Medicines Agency(EMA) Committee for Medicinal Products for Human Use (CHMP), in conjunction with the Committee for Advanced Therapies (CAT), in December 2017. and implementation them on commercial scale over a 30 year tenure till date Dec 2017, Around 35 plus products in his career. “Alofisel offers a novel, minimally invasive and well tolerated alternative treatment option for patients with Crohn’s disease who do not respond to currently available therapies, and who have until now had limited treatment options available.”“This approval of Alofisel reflects our deep understanding and recognized leadership in the development of allogeneic stem cells and our firm commitment to developing innovative therapies for medical needs,” said Dr. María Pascual, VP Regulatory Affairs and Corporate Quality at TiGenix.