EWING, NJ -- (Marketwire) -- 11/25/08 -- DOR BioPharma, Inc. (DOR or the Company) (OTCBB: DORB), a late-stage biopharmaceutical company developing products to treat
the life-threatening side effects of cancer treatments and serious
gastrointestinal diseases, and vaccines against certain bioterrorism
agents, announced today that the Therapeutics Goods Administration (TGA) of
Australia has designated orBec® as an Orphan Drug for the treatment of
patients with gastrointestinal Graft-Versus-Host-Disease (GI GVHD)
following allogeneic hematopoietic cell transplantation.
The Australian Orphan Drug Program was launched in 1998 by the TGA and is
intended to encourage sponsors to market orphan drugs in Australia to
ensure the availability of a greater range of treatments for rare diseases
(those with a prevalence of 2,000 or fewer patients/subjects annually in
the Australian population). Once orphan designation is granted, the TGA
waives evaluation fees and sets up a priority evaluation pathway for
processing orphan drugs.
"The TGA's decision to grant Orphan Designation to orBec® is extremely
exciting and validates the potential of this therapy to provide a
therapeutic option to patients who are afflicted with GI GVHD," said John
Michailidis, General Manager of Orphan Australia. "We look forward to
working with DOR to make this product available within Australia, as well
as in New Zealand and South Africa."
"We are pleased with the TGA's decision to grant orBec® Orphan Drug
Designation for the treatment of GI GVHD," stated Christopher J. Schaber,
PhD, President and CEO of DOR BioPharma. "This bolsters our intellectual
property position in Australia, which already includes issued and pending
patents covering orBec® in GI GVHD. It also potentially provides for a
quicker path to regulatory approval in Australia once we have successfully
completed our confirmatory Phase 3 clinical trial of orBec®."
Dr. Schaber added, "We have also launched our orBec® Named Patient Access
Program in Australia and have booked our first sales pursuant to this
important program. We look forward to a prosperous relationship with
Orphan Australia Pty Ltd, and with their assistance hope to help as many GI
GVHD patients in Australia as possible."
About orBec®
OrBec® represents a first-of-its-kind oral, locally acting therapy tailored
to treat the gastrointestinal manifestation of GVHD, the organ system where
GVHD is most frequently encountered and highly problematic. OrBec® is
intended to reduce the need for systemic immunosuppressive drugs to treat
GI GVHD. BDP is a highly potent, topically active corticosteroid that has a
local effect on inflamed tissue. BDP has been marketed in the US and
worldwide since the early 1970s as the active pharmaceutical ingredient in
a nasal spray and in a metered dose inhaler for the treatment of patients
with allergic rhinitis and asthma. OrBec® is formulated for oral
administration as a single product consisting of two tablets; one tablet is
intended to release BDP in the proximal portions of the GI tract, and the
other tablet is intended to release BDP in the distal portions of the GI
tract.
Two prior randomized, double-blinded, placebo-controlled Phase 2 and 3
clinical trials demonstrated that orBec® provides clinically meaningful
outcomes when compared with the current standard of care, including a
lowered exposure to systemic corticosteroids following allogeneic
transplantation. Currently, there are no approved products to treat GI
GVHD.