AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Photocure ASA

Earnings Release Oct 16, 2020

3714_rns_2020-10-16_cf873d23-5845-418e-bec4-696d6717cb40.html

Earnings Release

Open in Viewer

Opens in native device viewer

New data analysis on Blue Light Cystoscopy efficiency presented at the virtual BLADDR 2020 congress

New data analysis on Blue Light Cystoscopy efficiency presented at the virtual BLADDR 2020 congress

PRESS RELEASE - Oslo, Norway, 16 October, 2020: Photocure ASA (OSE:PHO) today

announces a highlight from the BLADDR 2020 congress, a poster presentation on

new findings from the Nordic Flexible BLC registry, an ongoing prospective

multicenter study. It demonstrates that flexible Blue Light Cystoscopy helped

resolve a substantial amount of cases by complete removal on-site or direct

referral to intravesical treatment, providing increased efficacy to manage non

-muscle-invasive bladder cancer (NMIBC) in the office setting.

The BLADDR congress, held virtually this year, is solely focused on bladder

cancer and attracts the interest of experts from all over the world.

"It is encouraging to see how data on the blue light cystoscopy procedure

continues to provide new insight into the efficiency of how to manage NMIBC in

the office setting. The BLC procedure is a tool that helps physicians solve such

cases outside of the OR. Using blue light cystoscopy with Hexvix, they trust

their detection capabilities in the office and can treat the lesions

immediately, perform confirmatory biopsies or initiate intravesical therapy.

Such options are less costly than OR procedures, thus helping to keep costs down

for the healthcare system and sparing the patient additional surgical procedures

in the OR. This is a clear win-win situation for both patient and healthcare

system", says Dan Schneider, President and CEO of Photocure.

Methodology and data from the study:

The Nordic Flexible BLC registry is an ongoing prospective multicenter study

initiated to observe the clinical use and explore possible benefits of blue

light cystoscopy in the surveillance setting. From five participating sites, 354

patients in follow-up of NMIBC have been included in the study. Data from 462

blue light procedures were included.

In follow-up of NMIBC, in a predominant intermediate and high-risk patient

population, this analysis shows how blue light cystoscopy in a surveillance

setting helped resolve a substantial amount of cases by complete removal of

lesions on-site, or direct referral to intravesical instillation. In 88% of

cases where suspicious lesions were seen, no further diagnostic or surgical

treatment procedures (TURBT) were needed.

The authors conclude that blue light cystoscopy in the surveillance setting

provides increased efficiency to manage NMIBC.

Here is a link (https://www.morressier.com/article/flexible-blue-light

-cystoscopy-provides-increased-efficacy-manage-nonmuscle-invasive-bladder-cancer

-outpatient-clinic/5f4d121e6d2dd7debfa950ae?) to the poster.

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 sixth most common cancer worldwide with 1 650 000

prevalent cases (5-year prevalence rate), 550 000 new cases and almost 200 000

deaths annually in 2018.[1]

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

recurrence rate with an average of 61% in year one and 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. Incidence/mortality by

population. Available at: http://globocan.iarc.fr/Pages/bar_pop_sel.aspx

[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[TM]). BLCT with Hexvix[®] /Cysview[® ]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 the Nordic region and has strategic partnerships for

the commercialization of Hexvix[®]/Cysview[®] in Europe, Canada, Australia and

New Zealand. Please refer to https://bit.ly/2wzqSQQ 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:

Photocure

Dan Schneider

President and CEO

Tel: +1-609 759-6515

Email: [email protected]

Erik Dahl

CFO

Tel: +47 45055000

Email: [email protected]

Media and IR enquiries:

Geir Bjørlo

Corporate Communications (Norway)

Tel: +47 91540000

Email: [email protected]

Talk to a Data Expert

Have a question? We'll get back to you promptly.