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Photocure ASA

Regulatory Filings Sep 8, 2022

3714_rns_2022-09-08_de10daec-b730-4af4-b558-850568d5bdd4.html

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Bladder Cancer technology: New KARL STORZ Blue Light Cystoscopy system featured during E-Masterclass in Urology

Bladder Cancer technology: New KARL STORZ Blue Light Cystoscopy system featured during E-Masterclass in Urology

Press release - Oslo, Norway, September 8th, 2022: Photocure ASA, The Bladder

Cancer Company, is delighted to continue supporting the global launch activities

of the new and improved Blue Light Cystoscopy (BLC[®]) system to be used with

Photocure's product Hexvix[®] for the detection of bladder cancer. In Europe,

the photodynamic diagnostics (PDD) system based on the new light source POWER

LED SAPHIRAT from KARL STORZ was featured for the first time in an E-Masterclass

Webinar, hosted by both companies on September 6. This event was accompanied by

the leading experts in Urology in the field of Bladder Cancer.

Together with the experts from KARL STORZ and Photocure, Prof. Arnulf Stenzl,

Prof. Lukas Lusuardi, Dr. Param Mariappan and Prof. Morgan Rouprêt showcased the

new next-generation Blue Light system to the E-Masterclass participants. Over

400 registered delegates could see how the "IMAGE1 ST SAPHIRA[T]" system

improves visualization of bladder cancer via practical case studies.

Manufactured and commercialized by KARL STORZ, the new Blue Light system is the

next generation, improving the Blue Light experience and providing next-level

visualization.

"In the last months, I have had the opportunity to use the new Saphira light

source, which really ameliorates the quality of the procedure

significantly", said Prof. Lukas Lusuardi, Professor of the Department of

Urology at Paracelsus Medical University (PMU) Hospital Salzburg, Austria. "The

quality of vision was exceptional - even in white light. With PDD and the new

POWER LED Saphira, I was very comfortable to make the resection and TURBT under

blue light, which was not the case before, I have to say. So especially with the

bipolar resection, I feel quite comfortable to perform the resection under the

blue light, just to be sure in the best possible way", added Prof. Morgan

Rouprêt, full Professor (academic position) at APHP Sorbonne University, in the

Academic Urology Department of the Pitié-Salpétrière Hospital, in Paris, France.

"We are proud to be part of the ongoing launch of this exciting new high

-definition system in Europe," commented Dr. Susanne Strauss, Vice President and

General Manager, Europe at Photocure. "Photodynamic diagnostics (PDD) is an

important cornerstone of accurate diagnosis and treatment of bladder cancer.

This advancement in KARL STORZ's equipment will provide a better Blue Light

experience for our customers, as the overwhelmingly positive feedback from the e

-masterclass clearly shows," Susanne Strauss concluded.

"PDD started in Germany, with the full commitment of KARL STORZ, and so it is a

pleasure for us to introduce the new IMAGE1 ST SAPHIRAT system in the E

-Masterclass on NMIBC with PDD," said Paolo Cantù, Director Urology Global

Marketing at KARL STORZ. "The new light source POWER LED SAPHIRA[T] will allow

us to serve the needs of our healthcare partners, providing high image quality

in white light as well as in blue light for the detection and treatment of

bladder cancer. Together with the Photocure team we now make high-quality BLC

available to more patients worldwide".

Note to editors

Hexvix[®]/Cysview[®] and BLC[®] are registered trademarks of Photocure ASA.

SaphiraT is a registered trademark of KARL STORZ Endoscopy.

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

valid, or a product that 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 1 720 000 prevalent cases (5-year prevalence rate)[1a],

573 000 new cases and more than 200 000 deaths annually in 2020.[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 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 [January 2022].

[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

About KARL STORZ

The medical technology company KARL STORZ was founded in 1945 in Tuttlingen,

Germany, and is an international leader in the world of endoscopy. Now in its

third generation, the family-owned company employs 8,300 people in 40 countries

worldwide. The company portfolio includes more than 15,000 products for human

and veterinary medicine. KARL STORZ stands for visionary design, precision

craftsmanship and clinical effectiveness. Sales for the fiscal year 2021

amounted to 1.97 billion euros. Production sites are located in Germany, the

USA, Switzerland and Estonia. Please find more information at: www.karlstorz.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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