Jun 5 2012
Active Biotech (NASDAQ OMX NORDIC: ACTI) and Ipsen (Euronext: IPN; ADR: 
      IPSEY) today presented overall survival (OS) data from the 
      tasquinimod Phase II study in chemotherapy-naïve metastatic castrate 
      resistant prostate cancer (CRPC) at the scientific conference "2012 ASCO 
      Annual Meeting" held in Chicago (USA).
    
    
      Today at 08:00 am CDT (3:00 pm CET) Dr. Andrew J. Armstrong from the 
      Duke Cancer Institute (Durham, NC) presented "Tasquinimod and 
      survival in men with metastatic castration-resistant prostate cancer: 
      Results of long-term follow-up of a randomized phase II 
      placebo-controlled trial*" in a poster discussion session.
    
    
The intention-to-treat analysis showed median overall survival times       (OS) of 33.4 vs. 30.4 months (p= 0.49, HR 0.87, 95% CI 0.59-1.29, ITT)       in favor of tasquinimod, longer than previously reported in this       metastatic prostate cancer population. A stronger trend for survival       benefit is observed in patients with bone metastases; median OS was 34.2       vs. 27.1 months (p=0.19, HR 0.73, 95% CI 0.46-1.17). This phase II       clinical trial was designed to test the safety and efficacy of       tasquinimod. Noteworthy, 41 (61%) patients crossed-over from placebo to       tasquinimod (mean time to cross-over approx. 5 months). Also, there were       imbalances in baseline prognostic factor in favor of the placebo arm.       These were addressed with a multivariate analysis of known CRPC       prognostic factors. It demonstrated a statistically significant OS       advantage for tasquinimod treated patients with a hazard ratio (HR) of       0.64 (95% CI 0.42-0.97, p=0.034), a decrease of approximately 40% in the       instantaneous risk of event (death), accompanied by improvement in       progression-free survival (HR 0.52, 95% CI 0.35-0.78, p=0.001).    
      
"Men with metastatic CRPC in this trial were unexpectedly found to 
      have prolonged survival times beyond that previously reported in this 
      patient population, despite a high fraction of patients with liver and 
      lung metastases," says principal author Andrew Armstrong, 
      MD ScM, Assistant Professor of Medicine and Surgery at Duke University 
      and the Duke Prostate Center. "We also found that despite initial 
      imbalances in baseline characteristics, the improvements in 
      progression-free survival with tasquinimod may translate into 
      improvements in overall survival, and, if confirmed in the ongoing phase 
      3 trial, suggests that tasquinimod may have an important role in the 
      future treatment of men with CRPC."
    
    
      Tomas Leanderson, President and CEO of Active Biotech, said: "These 
      data further increase our strong confidence in tasquinimod as a valuable 
      asset to address the huge medical need for hundreds of thousands of men 
      with limited treatment options today."
    
    
      Claude Bertrand, Executive Vice-President R&D, Chief Scientific 
      Officer of Ipsen said: "We are thrilled with Tasquinimod's 
      phase II results as they underline the activity of the compound. With 
      its differentiated mechanism of action, we look forward to completing 
      the ongoing phase III and replicating these interesting results to 
      propose an alternative treatment that does not target the androgen 
      receptor pathway to progressing patients."