Basilea reports on first Cresemba® approval in MENA region

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
118
Basilea reports on first Cresemba® approval in MENA region

Basel, Switzerland, August 13, 2018 - Basilea Pharmaceutica Ltd. (SIX: BSLN) announced today that its partner Hikma Pharmaceuticals LLC, gained regulatory approval for the antifungal Cresemba ® (isavuconazole) in Jordan, which is the first approval of the brand in the Middle East and North Africa (MENA) region.

Adesh Kaul, Chief Corporate Development Officer, said: "We are very pleased with the approval of Cresemba in Jordan, which will facilitate the regulatory process in other countries in the MENA region. Hikma has a strong local presence and a well-established sales force with a track record of successfully launching hospital anti-infectives in this region. We are looking forward to Hikma making Cresemba available to patients in Jordan and other countries following further regulatory approvals."

Hikma is Basilea's distribution partner for Cresemba and the antibiotic Zevtera (ceftobiprole) in the MENA region.

About Cresemba (isavuconazole)

Isavuconazole is an intravenous (i.v.) and oral azole antifungal, commercialized under the trade name Cresemba. Basilea has entered into license and distribution agreements for isavuconazole covering the United States, Europe, China, Japan, Latin America, Canada, Russia, Turkey, Israel and the Asia-Pacific and Middle East and North Africa regions. In the EU and EEA member states, as well as in Jordan and Peru, isavuconazole is approved for the treatment of adult patients with invasive aspergillosis and for the treatment of adult patients with mucormycosis for whom amphotericin B is inappropriate. 1 It is also approved in the U.S. and Switzerland. 2, 3 Isavuconazole has U.S. and European orphan drug designation for its approved indications.

About Zevtera (ceftobiprole)

Ceftobiprole is a cephalosporin antibiotic for intravenous administration with rapid bactericidal activity against a wide range of Gram-positive and Gram-negative bacteria, including methicillin-susceptible and resistant Staphylococcus aureus (MSSA, MRSA) and susceptible Pseudomonas spp. 4 Ceftobiprole is approved for the treatment of adult patients with community-acquired pneumonia (CAP) and hospital-acquired pneumonia (HAP), excluding ventilator-associated pneumonia (VAP). 4 It is marketed in major European countries, Argentina, Canada and Saudi Arabia. Basilea has entered into license and distribution agreements for the brand in Europe, Latin America, China, Canada, Israel, and the Middle East and North Africa (MENA) region. Ceftobiprole is currently in a phase 3 clinical program for registration in the U.S.

About Basilea

Basilea Pharmaceutica Ltd. is a commercial stage biopharmaceutical company developing products that address the medical challenge of increasing resistance and non-response to current treatment options in the therapeutic areas of bacterial infections, fungal infections and cancer. With two commercialized drugs, the company is committed to discovering, developing and commercializing innovative pharmaceutical products to meet the medical needs of patients with serious and life-threatening conditions. Basilea Pharmaceutica Ltd. is headquartered in Basel, Switzerland and listed on the SIX Swiss Exchange (SIX: BSLN). Additional information can be found at Basilea's website www.basilea.com .

Disclaimer

This communication expressly or implicitly contains certain forward-looking statements concerning Basilea Pharmaceutica Ltd. and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of Basilea Pharmaceutica Ltd. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Basilea Pharmaceutica Ltd. is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

For further information, please contact:

Peer Nils Schröder, PhD Head of Corporate Communications & Investor Relations +41 61 606 1102 media_relations@basilea.com investor_relations@basilea.com

This press release can be downloaded from www.basilea.com .

References

1   European Public Assessment Report (EPAR) Cresemba: http://www.ema.europa.eu [Accessed: August 12, 2018]

2   In the United States, Cresemba is approved to treat patients 18 years of age and older for invasive aspergillosis and invasive mucormycosis (Cresemba US prescribing information , accessed August 12, 2018).

3   In Switzerland, isavuconazole is approved for the treatment of adult patients with invasive aspergillosis and for the treatment of mucormycosis in adult patients who are resistant to or intolerant of amphotericin B and in adult patients with moderate to severe renal impairment (full indication in: Swissmedic-approved information for healthcare professionals as of August 2017).

4   U.K. Summary of Product Characteristics (SPC) Zevtera: http://www.mhra.gov.uk/ [Accessed: August 12, 2018]

Attachment

Scroll down for more posts ▼

Top 10 Most Recent News Articles

GAC's Cambodia Plant: A Strategic Manufacturing Shift

Updated Category News Views 3

Setting the Stage for New Industrial Growth On September 17, a milestone was etched in the sands of Cambodia when the GAC Cambodia KD Plant officially flipped the switch. This ain't just another factory throwing doors open; it's a fresh chapter in regional manufacturing power plays. We had some big hitters in attendance, like Cambodian Prime Minister Hun Manet, showing...

Continue Reading
Beta Bionics Lawsuit Deadline: Investors Face November 3 Cut-off

Updated Category News Views 5

Looming Deadline for Beta Bionics Investors Time's ticking fast for those holding onto Beta Bionics (BBNX) stock who might've been caught in a web of undisclosed risks and regulatory misses. Investors feeling the pinch from this fiasco have till November 3, 2026, to throw their hat in the ring as lead plaintiffs in the class action lawsuit out of California. The...

Continue Reading
Tragedy Highlights Need for E-bike Safety Overhaul

Updated Category News Views 5

A Dire Wake-Up Call in the East Village We're staring hard at a heartbreaking mess in the East Village. A 15-year-old girl lost her life while riding an electric Citi Bike, hit by an industrial truck. Let's not dance around it—this is a gut punch, the kind you never want to ever hear about, and one that comes with a bitter flavor of 'what if?' Age Verification: A...

Continue Reading
Hainan Airlines' Dedication Keeps It atop Skytrax

Updated Category News Views 5

Fifteen years of soaring high: now that's something worth taking to the bank—or the air. Hainan Airlines has just bagged the SKYTRAX Five-Star Airline rating once again, handed out at this year's World Airline Awards ceremony. When it comes to delivering quality, they're flying high on the charts, landing among the World's Best Airlines Top 10. And in the wild world of...

Continue Reading
China's Tech Success Echoes in Global Living Rooms

Updated Category News Views 4

A New Player in Global Tech If you've been sleeping on China's tech scene, it's time to wake up. Moonshot AI just launched Kimi K3, the largest open-source model by parameters we've seen, a significant leap in artificial intelligence that's catching even the eyes of folks who hardly touch technology—like retirees in Italy. Rapid AI Advancements China's story isn't about...

Continue Reading
Chery Auto's Bold Green Tech Showcase at 2026 Summit

Updated Category News Views 3

Chery Auto Puts Eco Tech at Front and Center You know, Chery Auto isn't just manufacturing cars anymore—it's shaping an entire lifestyle. For the uninitiated, they’re calling in everyone worth knowing to their headquarters in Wuhu, China, come October 18 through 24. The 2026 Chery International User Summit is kind of a big deal this year with nearly 20 new green...

Continue Reading
Qatar Foundation Spurs Sport-Driven Empowerment Moves

Updated Category News Views 3

Here we go, diving into the serious talk of the moment: sports pushing boundaries to uplift society's underdogs. Envision yourself in the halls of Wilton Park, where the thinkers, the dreamers, and the doers convened in the name of change. Qatar Foundation ain't just sitting pretty; they're championing the cause to harness sport for impactful social threads across the...

Continue Reading
2026 Lantern Festival Shines in Kunshan Amid Tensions

Updated Category News Views 4

Lanterns Illuminate Cross-Strait Relations Under the shadow of geopolitical tensions, the 2026 Cross-Strait (Kunshan) Mid-Autumn Lantern Festival kicked off with a splash on September 16. Held in Kunshan, Suzhou, this cultural festival offers a rare glimpse of cooperation and shared cultural celebration across the Taiwan Strait. Through lantern displays, art exhibitions,...

Continue Reading
Fast Guard Elevates Nationwide Fire Watch Mission

Updated Category News Views 2

Fast Guard: The Unseen Shield Behind Property Safety Hollywood, Florida might be best known for its sun-kissed beaches, but in the world of fire safety, it’s the nerve center for emergency fire watch response. Fast Guard Service isn’t just any run-of-the-mill security outfit; it’s rapidly becoming the unsung hero of property managers across the nation. When those...

Continue Reading
Insta360 Expands with Times Square Flagship Store

Updated Category News Views 6

Insta360 Times Square Opening Marks Bold Expansion I dropped by Times Square today, and what do I see? Insta360 planting its flag right in the heart of New York City. Now, this isn't your run-of-the-mill grand opening—it’s the first flagship store outside of Asia, and it screams of big ambitions. Nestled at 1515 Broadway, the store is smack in the middle of one of the...

Continue Reading

Top 5 Most Recently Viewed Articles

CLEAR and Tampa General Hospital Team Up for Security Boost

Updated Category News Views 194

Strengthening Identity Security in Healthcare In an era where cybersecurity threats are increasingly critical, CLEAR, known for its innovative identity solutions, has taken a bold step by partnering with Tampa General Hospital, a leading academic health system. This collaboration focuses on enhancing identity security for team members at TGH, ensuring that sensitive data...

Continue Reading
Sandy Spring Bancorp Set to Announce Q4 2024 Earnings Soon

Updated Category News Views 108

Sandy Spring Bancorp's Upcoming Earnings Release On January 28, 2025, Sandy Spring Bancorp, Inc. (NASDAQ: SASR) is scheduled to unveil its financial performance for the fourth quarter of 2024. This announcement is highly anticipated by investors and stakeholders who keep a keen eye on the trajectory of the community banking sector. Overview of Sandy Spring Bancorp, Inc....

Continue Reading
CNOOC Limited Launches Significant Oilfield Development

Updated Category News Views 228

CNOOC Limited Launches Significant Oilfield Development CNOOC Limited (SEHK: 00883 and SSE: 600938) proudly announces the commencement of production for the Wenchang 16-2 Oilfield Development Project. This significant project represents a notable step forward for CNOOC Limited and its stakeholders. Overview of the Wenchang 16-2 Oilfield Development The Wenchang 16-2...

Continue Reading
Exploring 2025: Future Food and Drink Trends to Watch

Updated Category News Views 208

Identifying the Key Trends for 2025 in Food and Drinks The global food and drink sector is transitioning, with new trends emerging that highlight evolving consumer preferences. In 2025, we will witness a significant shift in how consumers view nutrition, innovation in food and drink, and the role of technology in our daily lives. Health and Nutrition Take Center Stage...

Continue Reading
Investors Remain Optimistic Amid Global Uncertainty for 2025

Updated Category News Views 42

Investor Sentiment Points to Selective Risk-Taking Into 2025 A recent survey from PGIM, a global asset manager with $1.33 trillion under management, shows a striking mix of caution and resolve among institutional investors. Even with geopolitical tensions simmering in several regions and elections queued up around the world, respondents signal a resilient, risk-on...

Continue Reading