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Photocure ASA

Regulatory Filings Apr 8, 2024

3714_rns_2024-04-08_56e743b2-2fab-4d51-935d-642650a15945.html

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European Association of Urology (EAU) 2024 congress features new data on modern technology use in bladder cancer care

European Association of Urology (EAU) 2024 congress features new data on modern technology use in bladder cancer care

Press Release - Oslo, Norway, April 8, 2024: Photocure ASA (OSE: PHO), the

Bladder Cancer Company, announces its participation in the congress, and two

abstract presentations at the 2024 European Association of Urology congress

(EAU) in Paris, France, highlighting the benefits of Blue Light Cystoscopy

(BLC[®]) in Bladder Cancer management.

The EAU annual meeting is one of the largest international meetings in the

urology calendar, showcasing the latest and most relevant clinical and

scientific advancements in this area of patient care. This year's event was held

on April 5-8, 2024, and attracted urologists from all over the world. Similar to

last year, Photocure will make 2024 EAU bladder cancer session highlights

available to healthcare professionals post event, by means of video interviews

with the presenters of these sessions on the Photocure booth D26. This highly

engaging and successful initiative is once again supported by two of the leading

names in Bladder Cancer in Europe, Prof. M. Rouprêt, APHP, Sorbonne University

Paris, France and Prof. P. Gontero, Division of Urology, University of Studies

of Torino, Italy.

In addition to this educational activity, the EAU scientific program prominently

features Photocure's Hexvix[®] product and/or the blue light cystoscopy

procedure in which it is used. In particular, two notable abstract presentations

were:

Outpatient laser coagulation of low-grade intermediate risk bladder tumor

compared with TUR-BT, 12 months and long-term follow-up of a non-inferiority RCT

(Abstract session 36 NMIBC: Benefits and harms of various treatment options,

Sunday, 7 April, 17:15-18:45)

Treatment of recurrent low grade intermediate risk bladder tumor is burdensome

for patients and health care system. The primary objective of this study was to

evaluate 12 months recurrence-free survival after out-patient department photo

coagulation of bladder tumors (PC-BT) is non-inferior to PDD-assisted TUR-BT in

patients with recurrent Ta low grade bladder tumor. 154 patients were randomized

for PC-BT and 146 for TUR-BT. 12 months follow-up data were available for 299

patients. 12 months recurrence-free survival was 42.2% after PC-BT and 44.1%

after TUR-BT, the difference 1.9% (95%CI -9.3 to 13.2) in favor of TUR-BT.

Regarding 12 months recurrence-free survival, the noninferiority criterion was

met. Recurrence-free survival after OPD PC-BT is noninferior to TUR-BT at 12

months follow-up. Incidence of long-term stage progression after PC-BT is

noninferior to TUR-BT and very low after both treatment modalities. Treatment of

recurrent Ta low grade intermediate risk bladder tumors in out-patient

department with PC-BT appears to be a safe alternative to TUR-BT.

Read the abstract: https://urosource.uroweb.org/resource

-centres/EAU24/257251/abstract

A prospective, comparative, within-patient controlled multicenter phase III

study comparing blue light cystoscopy versus white light cystoscopy for the

detection of bladder cancer using modern HD 4K equipment (Abstract session 46,

Monday, 8 April, 12:30-14:00)

The study enrolled a total of 158 patients in a randomized controlled trial, and

114 patients underwent Hexvix blue light cystoscopy (BLC) and were in the full

analysis set. Among patients diagnosed with Ta, T1, or CIS, 42 out of 97

patients (43.3%) had at least one lesion detected by BLC but not by white light

cystoscopy (WLC) (p<0.0001). Thirteen patients had CIS of which 11 (84.6%)

showed additional CIS lesions. The BLC detection rates for PUNLMP, CIS, Ta, T1,

and T2 ~ T4 tumors were NA, 94.7%, 100%, 98.2%, and 100%, respectively, while

the WLC detection rates were NA, 42.1%, 76.1%, 91.2%, and 100%. This study

confirms the superiority of HAL BLC over WLC in the detection of bladder cancer

even if improved WLC using HD 4K equipment is utilized. In particular,

additional high-risk difficult to see CIS lesions have been identified in 85% of

all CIS patients only by HAL BLC. The quality of resection is still a key

cornerstone in the treatment of NMIBC of which BLC remains a crucial part

despite the further development of WLC imaging.

Read the abstract: https://urosource.uroweb.org/resource

-centres/EAU24/257159/abstract

"With the rapid advancement of technologies, emerging trends towards precision

medicine and introduction of novel targeted agents which are transforming

bladder cancer care, there is a renewed emphasis on the importance of the

diagnostic process. Getting a correct and timely diagnosis is more important

than ever. It's key to optimizing the subsequent care pathways and treatment

decisions," said Anders Neijber, Chief Medical Officer of Photocure. "These new

results presented at EAU continue to emphasize the importance of using Blue

Light Cystoscopy in the diagnosis of bladder cancer. BLC has been shown to

clinically increase TURBT quality, more accurately stage disease, and enable

better recurrence monitoring, supporting the long-term utility to help improve

the lives of patients with bladder cancer."

"Every year we see new data added to the body of evidence on Hexvix/blue light

cystoscopy benefits, including with high-definition equipment. In Europe, our

teams focus on helping their customers achieve the best possible image quality

for BLC. We are convinced that when it comes to bladder tumor detection methods

"seeing is believing", which is also our booth theme for this year's EAU. Many

urologists try BLC, see what they see, and never look back", added Susanne

Strauss, Vice President and General Manager Europe.

*TUR-BT/TURBT: trans-urethral resection of bladder tumors

Note to editors:

All trademarks mentioned in this release are protected by law and are registered

trademarks of Photocure ASA.

This press release may contain product details and information which are not

valid, or a product is not accessible, in your country. Please be aware that

Photocure does not take any responsibility for accessing such information which

may not comply with any legal process, regulation, registration or usage in the

country of your origin.

About Bladder Cancer

Bladder cancer ranks as the 8[th] most common cancer worldwide - the 5[th] most

common in men - with 1 949 000 prevalent cases (5-year prevalence rate)[1a],

614 000 new cases and more than 220 000 deaths in 2022.[1b]

Approx. 75% of all bladder cancer cases occur in men.[1] It has a high

recurrence rate with up to 61% in year one and up to 78% over five years.[2]

Bladder cancer has the highest lifetime treatment costs per patient of all

cancers.[3]

Bladder cancer is a costly, potentially progressive disease for which patients

have to undergo multiple cystoscopies due to the high risk of recurrence. There

is an urgent need to improve both the diagnosis and the management of bladder

cancer for the benefit of patients and healthcare systems alike.

Bladder cancer is classified into two types, non-muscle invasive bladder cancer

(NMIBC) and muscle-invasive bladder cancer (MIBC), depending on the depth of

invasion in the bladder wall. NMIBC remains in the inner layer of cells lining

the bladder. These cancers are the most common (75%) of all BC cases and include

the subtypes Ta, carcinoma in situ (CIS) and T1 lesions. In MIBC the cancer has

grown into deeper layers of the bladder wall. These cancers, including subtypes

T2, T3 and T4, are more likely to spread and are harder to treat.[4]

[1 ]Globocan. a) 5-year prevalence / b) incidence/mortality by population.

Available at: https://gco.iarc.fr/today, accessed [February 2024].

[2 ]Babjuk M, et al. Eur Urol. 2019; 76(5): 639-657

[3 ]Sievert KD et al. World J Urol 2009;27:295-300

[4 ]Bladder Cancer. American Cancer Society.

https://www.cancer.org/cancer/bladder-cancer.html

About Hexvix[®]/Cysview[®] (hexaminolevulinate HCl)

Hexvix/Cysview is a drug that preferentially accumulates in cancer cells in the

bladder, making them glow bright pink during Blue Light Cystoscopy (BLC[®]). BLC

with Hexvix/Cysview, compared to standard white light cystoscopy alone, improves

the detection of tumors and leads to more complete resection, fewer residual

tumors, and better management decisions.

Cysview is the tradename in the U.S. and Canada, Hexvix is the tradename in all

other markets. Photocure is commercializing Cysview/Hexvix directly in the U.S.

and Europe and has strategic partnerships for the commercialization of

Hexvix/Cysview in China, Chile, Australia, New Zealand and Israel. Please refer

to https://photocure.com/partners/our-partners for further information on our

commercial partners.

About Photocure ASA

Photocure: The Bladder Cancer Company delivers transformative solutions to

improve the lives of bladder cancer patients. Our unique technology, making

cancer cells glow bright pink, has led to better health outcomes for patients

worldwide. Photocure is headquartered in Oslo, Norway and listed on the Oslo

Stock Exchange (OSE: PHO). For more information, please visit us at

www.photocure.com, www.hexvix.com, www.cysview.com

For further information, please contact:

Dan Schneider

President and CEO

Photocure ASA

Email: [email protected]

Erik Dahl

CFO

Photocure ASA

Tel: +4745055000

Email: [email protected]

David Moskowitz

Vice President, Investor Relations

Photocure ASA

Tel: +1 202 280 0888

Email: [email protected]

Media and IR enquiries:

Geir Bjørlo

Corporate Communications (Norway)

Tel: +47 91540000

Email: [email protected]

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