Simeprevir, is the first treatment for chronic hepatitis C to be approved in Canada for once-daily use in combination with pegylated interferon and ribavirin. This will offer physicians and patients a new and tolerable treatment choice Stockholm, Sweden — Medivir AB (OMX: MVIR) today announced that Health Canada has approved simeprevir for the treatment of chronic hepatitis C (CHC) genotype 1 infection, in combination with peginterferon alfa and ribavirin in adults with compensated liver disease, including cirrhosis, who are treatment?naïve or who have failed previous interferon therapy (pegylated or non?pegylated) with ribavirin. Simeprevir received priority review status and is the first treatment for CHC to be approved for once-daily administration with pegylated interferon and ribavirin in Canada. In Canada, for a drug to receive priority or accelerated review, it must show effective treatment of a serious, life-threatening or severely debilitating disease or condition for which no drug is presently marketed in Canada. Or, it must show a significant increase in efficacy and/or decrease in risk so that the overall benefit/risk profile is improved over existing therapies for a disease that is not adequately managed by a drug already marketed in Canada. “Canada is the second market where simeprevir has been approved and will be a new agent in the treatment of hepatitis C. The priority review process shows the importance of offering new treatment options also for the hardest to treat patients and we are very happy that both patients and physicians are given new hope” said Maris Hartmanis CEO, Medivir. The approval of simeprevir in Canada is based on four pivotal studies of patients with CHC genotype 1 infection: in treatment-naïve patients (QUEST-1 and QUEST-2), and in patients who have failed prior treatment with pegylated interferon and ribavirin; in PROMISE (prior relapsers) and ASPIRE (prior non -responders). Results from a pooled analysis of QUEST-1 and QUEST-2 demonstrated that 80 percent of treatment-naïve patients in the group receiving simeprevir achieved sustained virologic response 12 weeks after the end of treatment (SVR12), compared with 50 percent of patients in the placebo groups. In PROMISE, 80 percent of prior-relapser patients in the simeprevir arm of the study achieved SVR12 compared with 37 percent of patients in the placebo group. Results from ASPIRE demonstrated that use of simeprevir led to sustained virologic response 24 weeks after the end of treatment (SVR24) in 62 percent of prior partial responder patients and 58 percent of prior-null responder patients compared with 6 percent and 15 percent of prior partial and null-responder patients in the placebo groups, respectively. For more information please contact: Rein Piir, EVP Corporate Affairs & IR Mobile: +46 708 537 292. Medivir is required under the Securities Markets Act to make the information in this press release public. The information was submitted for publication at 2.30 p.m. CET on 20 November 2013. About Hepatitis C in Canada More than 250,000 Canadians are living with HCV with thousands of new cases diagnosed each year; however, the actual number of Canadians with the disease is likely much higher because 35 per cent of those who have HCV don’t know it. Combined with the indirect costs of HCV, the financial burden of the disease in Canada is estimated at $500 million annually. About Simeprevir Simeprevir is an investigational NS3/4A protease inhibitor jointly developed by Janssen R&D Ireland and its affiliated companies and Medivir AB for the treatment of genotype 1 chronic hepatitis C in adult patients with compensated liver disease, including all stages of liver fibrosis. Simeprevir works by blocking the viral protease enzyme that enables the hepatitis C virus to replicate in host cells. Janssen is responsible for the global clinical development of simeprevir and has acquired exclusive, worldwide marketing rights, except for the Nordic countries. Medivir AB will retain marketing rights for simeprevir in these Nordic countries under the marketing authorization held by Janssen-Cilag International NV. Simeprevir was approved on September 27, 2013 in Japan for the treatment of genotype 1 hepatitis C. On October 24, the U.S. Antiviral Drugs Advisory Committee of the FDA voted unanimously (19-0) to recommend approval of the new drug application filed by Janssen Research & Development, LLC for simeprevir administered once daily with pegylated interferon and ribavirin for the treatment of genotype 1 chronic hepatitis C virus (HCV) in adult patients with compensated liver disease. A Marketing Authorisation Application was submitted in April to the European Medicines Agency (EMA) by Janssen-Cilag International NV seeking approval of simeprevir for the treatment of genotype 1 or genotype 4 chronic hepatitis C. Simeprevir is also being studied in several interferon-free regimens using selected combinations of direct-acting antiviral agents with different mechanisms of action. To date, more than 3,700 patients have been treated with simeprevir in clinical trials. About Medivir Medivir is an emerging research-based pharmaceutical company focused on infectious diseases. Medivir has world class expertise in polymerase and protease drug targets and drug development which has resulted in a strong infectious disease R&D portfolio. The Company’s key pipeline asset is simeprevir, a novel protease inhibitor for the treatment of hepatitis C that is being developed in collaboration with Janssen R&D Ireland. The company is also working with research and development in other areas, such as bone disorders and neuropathic pain. Medivir has also a broad product portfolio with prescription pharmaceuticals in the Nordics. For more information about Medivir AB, please visit the Company’s website: www.medivir.com (http://www.medivir.se/v5/en/) Medivir is a collaborative and agile pharmaceutical company with an R&D focus on infectious diseases and a leading position in hepatitis C. We are passionate and uncompromising in our mission to develop and commercialize innovative pharmaceuticals that improve people’s health and quality of life. (http://www.medivir.se/v5/en/)
Simeprevir has been approved in Canada as a new treatment
Top 10 Most Recent News Articles
Nomada Fund Launches: A Game-Changer in New Media
Changing the Investment Game In a world where tech isn't the only kingmaker, distribution is the new play. Welcome the Nomada Fund, a fresh face on the investment scene that's swapping cash for exposure. Forget the traditional media-for-equity model that only old-timers still drool over—these guys are taking it up a notch with their new Distribution for Equity approach,...
Continue Reading
UEG's New Advisory Board: Elevating Patient Voices
Breaking Ground with Patient Representation Today's not-so-sunny forecast from Barcelona wasn't about the weather. United European Gastroenterology (UEG) rolled out its shiny new Patient Representatives Advisory Board (PRAB) during UEG Week 2026. This isn't just another committee on a never-ending list—it's a serious platform aimed at turning patient murmurs into a...
Continue Reading
Kansai Medical Ushers in New Era of Cancer Research
Breaking Ground in Cancer Treatment Trials I've seen some thrilling breakthroughs in my time following the pharmaceutical industry, but what Kansai Medical University and Daiichi Sankyo are doing elevates the game. They're rolling out the first patient dose of DS1025 in Osaka, Japan—a move that marks the onset of a global Phase 1 clinical trial. This is no ordinary...
Continue Reading
AI-Designed Antivirals: A Brave New World
Pushing the Boundaries with AI in Drug Discovery It seems some smart folks over in South Korea are giving the pharma game a fresh twist, pitting artificial intelligence against viral invaders in a newfangled brawl. Professors from Korea University have managed to blend AI's computing prowess with good ol' lab doggedness to sniff out potential antiviral compounds. The...
Continue Reading
Match2 Enhances HR Tech: Unified Talent Profile System
Revolutionizing Talent Matching with Match2's Latest Upgrades In the churn of today's recruiting jungle, candidates and employers have been grappling with disjointed systems and outdated approaches. Well, Match2 is cutting through that noise with some hefty upgrades. It's got some new toys in the shed—specifically, a beefed-up Universal Candidate Profile™ and an...
Continue Reading
TomoIQ Unveils Money Finder at Money20/20 Event
Breaking Down Financial Barriers with AI In the hustle of Money20/20 USA in Las Vegas, TomoIQ dropped a financial bombshell with their latest tool, Money Finder. This isn't just another app in the sea of fintech solutions. Nope, this one promises to cut through the complexities that most folks face when trying to get their financial house in order. An AI Buddy for...
Continue Reading
AEVEX Faces 48-Hour Deadline for Investor Class Action
Clock Ticking on AEVEX Lawsuit Participation Ah, the twists and turns of the stock market! AEVEX Corp. (NYSE: AVEX) finds itself knee-deep in a class action lawsuit, and investors have a mere 48 hours left to make their stand as the lead plaintiff. This legal saga stems from the company's April 2026 IPO and spills into the muddy waters of securities law violations....
Continue Reading
Richard Huffman Joins IFA Board, Strengthens Franchise Ties
Ever wonder how the cogs in this massive machine called franchising keep turning? It's folks like Richard Huffman who step up to the plate, and his recent election to the International Franchise Association (IFA) Board of Directors is worth a second glance. Huffman: A Franchise Veteran Now, Huffman isn't some rookie in the world of franchising. You see, back in '94, he...
Continue Reading
Antheia Secures $80M for Critical Medicine Onshoring
Antheia's Bold Move to Onshore Medicine Production Folks, when it comes to pharmaceuticals, it's about time someone started serious about keeping things closer to home. Antheia just landed a huge $80 million conditional commitment from the U.S. Department of War's Office of Strategic Capital. The fine print? This isn't just about building business—it's a play to secure...
Continue Reading
Faith and Resilience in China: The Legacy of the Long March
History's got chapters that stick with you, and the Long March is one of those stories that shake you to your core. It all started one October evening in 1934, when more than 86,000 soldiers from the Red Army found themselves on the banks of the Yudu River. It was a scene straight out of a novel: 800-odd boats held together with coffin boards and timber beams, all set to...
Continue ReadingTop 5 Most Recently Viewed Articles
Jovani's Innovative Approach to Affordable Sustainable Fashion
Understanding Gen Z's Fashion Preferences Young consumers today are navigating a complex landscape of fashion choices, often caught between the desire for quality and the struggle with affordability. A recent trend highlights this dilemma within Generation Z, where the majority prioritize sustainability but consistently return to fast fashion options due to lower prices....
Continue Reading
Steve Cohen Shifts Focus to Growth at Point72 Asset Management
Steve Cohen's New Direction at Point72 Asset Management In a major development reported by Bloomberg News, billionaire Steve Cohen, founder of Point72 Asset Management, has made the notable decision to step back from active trading. This strategic change aims to bolster the firm's growth trajectory and adapt to the shifting landscape of asset management. Mentoring Future...
Continue Reading
Opportunity for Methode Electronics, Inc. Investors to Join Class Action
Class Action Lawsuit Filed for Methode Electronics, Inc. Investors Bronstein, Gewirtz & Grossman, LLC, a well-respected law firm specializing in investor rights, has announced that a class action lawsuit has been filed against Methode Electronics, Inc. (NYSE: MEI) and its management team. This lawsuit is particularly important for investors who may have experienced...
Continue Reading
NORBIT ASA Proposes NOK 3.00 Dividend for 2024 Fiscal Year
NORBIT ASA Announces Proposed Cash Dividend NORBIT ASA has made an important announcement regarding the proposed cash dividend to be paid to its shareholders. As part of their ongoing commitment to return value to investors, the board of directors has put forth a resolution suggesting a dividend of NOK 3.00 per share for the fiscal year 2024. This proposal will be...
Continue Reading
Settlement Reached for Pilgrim's Pride Corporation Investors
Understanding the Proposed Settlement for Pilgrim's Pride Corporation A notable development has emerged regarding the Pilgrim's Pride Corporation and its securities, which will impact everyone who has bought or otherwise acquired shares in the company. A proposed settlement has been announced, aiming to provide clarity and potential compensation for affected investors....
Continue Reading