{"id":14914,"date":"2013-08-01T11:58:39","date_gmt":"2013-08-01T15:58:39","guid":{"rendered":"http:\/\/sciencebusiness.technewslit.com\/?p=14914"},"modified":"2014-01-10T11:00:38","modified_gmt":"2014-01-10T16:00:38","slug":"actelion-to-acquire-developer-of-rare-cancer-treatment","status":"publish","type":"post","link":"https:\/\/technewslit.com\/sciencebusiness\/?p=14914","title":{"rendered":"Actelion to Acquire Developer of Rare Cancer Treatment"},"content":{"rendered":"<figure id=\"attachment_9680\" aria-describedby=\"caption-attachment-9680\" style=\"width: 300px\" class=\"wp-caption alignright\"><a href=\"http:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2012\/05\/TCell_BerkeleyLab.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9680\" alt=\"T Cell, in blue, a key component in the body's immune system (Lawrence Berkeley National Lab)\" src=\"http:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2012\/05\/TCell_BerkeleyLab.jpg\" width=\"300\" height=\"230\" srcset=\"https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2012\/05\/TCell_BerkeleyLab.jpg 300w, https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2012\/05\/TCell_BerkeleyLab-150x115.jpg 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-9680\" class=\"wp-caption-text\">T Cell, in blue, a key component in the body&#8217;s immune system (Lawrence Berkeley National Lab)<\/figcaption><\/figure>\n<p><a href=\"http:\/\/www1.actelion.com\/en\/our-company\/news-and-events\/index.page?newsId=1719734\">Actelion Ltd<\/a>, a biopharmaceutical company based in Switzerland, acquired <a href=\"http:\/\/www.ceptaris.com\/news\/2013JUL31.asp\">Ceptaris Therapeutics Inc.<\/a>, a specialty pharmaceutical developer in Malvern, Pennsylvania, in a deal with a potential value of at least $250 million. The acquisition, however, depends on the U.S. Food and Drug Administration approving Ceptaris&#8217;s only current product, a topical treatment for symptoms from a rare form of non-Hodgkin&#8217;s lymphoma.<\/p>\n<p>Ceptaris Therapeutics develops a gel form of topical mechlorethamine to treat <a href=\"http:\/\/ghr.nlm.nih.gov\/condition\/mycosis-fungoides\">mycosis fungoides<\/a>, a rare form of non-Hodgkin&#8217;s lymphoma known as cutaneous T-cell lymphoma, in its early stages. Cutaneous T-cell lymphomas occur when T cells, white blood cells vital to the operation of the immune system, become cancerous. The cancerous T cells affect the skin, causing various skin lesions, although skin cells themselves do not become cancerous.<\/p>\n<p>Mechlorethamine is a compound usually given as an <a href=\"http:\/\/www.nlm.nih.gov\/medlineplus\/druginfo\/meds\/a682223.html\">injection during chemotherapy<\/a> to treat Hodgkin&#8217;s disease and some types of non-Hodgkin&#8217;s lymphoma. Topical forms of mechlorethamine are the current standard of care for early stages of cutaneous T-cell lymphoma, but the only items of this kind available are\u00a0non-standardized preparations compounded by pharmacies.<\/p>\n<p>A <a href=\"http:\/\/archderm.jamanetwork.com\/article.aspx?articleid=1377951\">clinical trial<\/a> tested Ceptaris&#8217;s mechlorethamine gel, given the brand name Valchlor, to determine if it worked as well as a pharmacy-compounded mechlorethamine ointment, called a non-inferiority trial. The study involved 260 patients with early stage mycosis fungoides at 13 locations in the U.S. The company reports Valchlor worked at least as well as the pharmacy-compounded ointment in reducing the severity of the lesions caused by mycosis fungoides. Skin irritations, mainly dermititis, caused about 1 in 5 patients &#8212; both Valchlor- and ointment-treated &#8212; to withdraw from the trial.<\/p>\n<p>Ceptaris first submitten a new drug application to the FDA for its <a href=\"http:\/\/www.ceptaris.com\/investigational_drug\/default.asp\">mechlorethamine gel<\/a> in 2011, and was granted fast-track and orphan-drug status by the agency. If approved by the FDA, it will be the first standardized topical mechlorethamine product to treat early-stage mycosis fungoides. Ceptaris says FDA set a target date of 27 August to complete its review.<\/p>\n<p>That FDA approval is a key contingency of the acquisition. Under the deal, Actelion paid $25 million on signing, but will pay the remaining $225 million only when FDA approval of Valchlor and other closing conditions are met. Ceptaris shareholders will also be eligible for future commercialization milestone payments and sales royalties.<\/p>\n<p>Actelion develops <a href=\"http:\/\/www1.actelion.com\/en\/healthcare-professionals\/products\/index.page?\">biologic therapies<\/a> to treat pulmonary arterial hypertension and Gaucher&#8217;s disease, also a rare disorder. The publicly-traded company operates in 30 countries and has nearly 2,400 employees.<\/p>\n<p>Read more:<\/p>\n<ul>\n<li><a href=\"http:\/\/sciencebusiness.technewslit.com\/?p=14783\">Venture Funding Down in 2Q, Health Companies Score in Exits<\/a><\/li>\n<li><a href=\"http:\/\/sciencebusiness.technewslit.com\/?p=14178\">AstraZeneca Acquires Respiratory Disease Therapy Developer<\/a><\/li>\n<li><a href=\"http:\/\/sciencebusiness.technewslit.com\/?p=13565\">Venture Funding Declines in Q1, Health Companies Buck Trend<\/a><\/li>\n<li><a href=\"http:\/\/sciencebusiness.technewslit.com\/?p=12533\">Mergers, IPOs for Venture-Backed Companies Down in 2012<\/a><\/li>\n<li><a href=\"http:\/\/sciencebusiness.technewslit.com\/?p=10911\">European Businesses Expect 4 Percent Annual R&amp;D Growth<\/a><\/li>\n<\/ul>\n<p style=\"text-align: center;\">*\u00a0\u00a0\u00a0\u00a0 *\u00a0\u00a0\u00a0\u00a0 *<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Actelion Ltd, a biopharmaceutical company based in Switzerland, acquired Ceptaris Therapeutics Inc., a specialty pharmaceutical developer in Malvern, Pennsylvania, in a deal with a potential value of at least $250 million. The acquisition, however, depends on the U.S. Food and Drug Administration approving Ceptaris&#8217;s only current product, a topical treatment for symptoms from a rare [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[31,51,28,23,45,22,24,64,12,27],"class_list":["post-14914","post","type-post","status-publish","format-standard","hentry","category-finance","tag-biomedical","tag-cancer","tag-clinical-trials","tag-equity","tag-europe","tag-fda","tag-investment","tag-life-sciences","tag-merger","tag-pharmaceuticals"],"_links":{"self":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/14914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14914"}],"version-history":[{"count":9,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/14914\/revisions"}],"predecessor-version":[{"id":14923,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/14914\/revisions\/14923"}],"wp:attachment":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}