Tokyo and Manila, Mar 13, 2009 - (JCN Newswire) - HI-Eisai Pharmaceutical Inc., a subsidiary in the Philippines of Eisai Co., Ltd., announced today that the Bureau of Food and Drugs (BFAD) approved Clevudine (generic name) for the inhibition of virus replication in chronic hepatitis B patients (HbeAg positive or HbeAg negative) with evidence of active viral replication and elevations in serum aminotransferases (ALT or AST). Eisai will market the drug under a brand name of REVOVIR in the Philippines.
Clevudine is an antiviral drug with an inhibitory effect on DNA polymerase for the treatment of chronic hepatitis B. In the Philippines, about 8 million people are believed to be infected with hepatitis B. With its potent and sustained anti-viral effect, Clevudine is expected to be a new treatment option for patients with deterioration in liver function caused by hepatitis B.
Eisai obtained exclusive right to develop, manufacture and market Clevudine in eight Asian countries including China from Bukwang Pharma, a South Korean pharmaceutical company, and has been developing Clevudine in those countries. The Philippines is the first country among them to approve Clevudine for marketing. Eisai is currently expediting the development or proceeding with the preparations for filing for approval of Clevudine in the remainder of the
countries.
Eisai develops and markets drugs for liver diseases that include Stronger Neo-Minophagen C(R), Glycyron(R) and Livact(R) in China and other Asian countries. Eisai will continue to make further contributions to improving QOL and benefits to patients with liver diseases in Asia.
Eisai licensed territories for Clevudine include China, Philippines, India, Indonesia, Malaysia, Singapore, Thailand, Vietnam.
About HI-Eisai Pharmaceutical Inc.
Corporate Name: HI-Eisai Pharmaceutical Inc.
Office: Makati City, the Philippines
Date of Foundation: July 1974
Paid-in Capital: 56,250 thousand PHP (as of 30 of September, 2008)
Business: Distributor/Importer and Trader of pharmaceutical products
President: Lourdes Magno
About Clevudine
Clevudine is an antiviral drug developed for the treatment of hepatitis B. It exerts its anti-HBV effect by inhibiting DNA polymerase, which is necessary for the virus to be replicated. It is also believed to decrease ccc DNA (covalently closed circular DNA, which is a template DNA for viral replication) in the liver cells. Potent and sustained anti-HBV effect of Clevudine is attributed to these mechanisms of action. Clevudine was also approved in South Korea back in 2006 and is currently being marketed by Bukwang Pharma.
About Eisai
Eisai Co., Ltd. (TSE: 4523; ADR: ESALY) is a research-based human health care company that discovers, develops and markets products in more than 30 countries. Through a global network of research facilities, manufacturing sites and marketing subsidiaries, Eisai actively participates in all aspects of the worldwide health care system. Eisai employs more than 8,000 people worldwide. For more information, please visit www.eisai.co.jp .
Mar 13, 2009
Source: Eisai
Eisai (TSE: 4523) (U.S: ESALY)
From the Japan Corporate News Network
http://www.japancorp.net
Topic: Press release summary
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