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

Regulatory Filings Mar 19, 2019

3714_rns_2019-03-19_f1544dc6-cfde-49c2-86b2-9f17e4b16be6.html

Regulatory Filings

Open in Viewer

Opens in native device viewer

Photocure ASA: Hexvix® /Cysview® with Flexible Cystoscopy improves Bladder Cancer detection. Data presented at the EAU congress in Barcelona.

Photocure ASA: Hexvix® /Cysview® with Flexible Cystoscopy improves Bladder Cancer detection. Data presented at the EAU congress in Barcelona.

Oslo, Norway March 19, 2019, Photocure ASA (PHO:OSE), is pleased to announce

that Blue Light Cystoscopy (BLCT) with Hexvix® was presented at the European

Association of Urology (EAU) congress held in Barcelona, Spain, March 15th

-18th. The EAU annual meeting is one of the largest international meetings in

the urology calendar, showcasing the latest and most relevant knowledge in

urology with more than 14,000 urologists and exhibitors from over 110 countries.

Dr. Yair Lotan, M.D., Professor of Urology, University of Texas Southwestern

Medical Center presented on "Blue Light Flexible Cystoscopy with

Hexaminolevulinate for Surveillance of Bladder Cancer" at the Ipsen hosted

symposium Saturday March 16th.

The positive data for the use of Hexvix® / Cysview® (hexaminolevulinate) with

flexible cystoscopes in the office / surveillance setting of bladder cancer

patients, was obtained from the phase 3 trial that led to the FDA label

expansion approval. Patient Reported Outcomes results from the trial

demonstrated a positive patient evaluation of Hexvix® / Cysview® as well as more

than 50% willing to pay $100 or more for the procedure. Link to study:

https://onlinelibrary.wiley.com/doi/full/10.1111/bju.14481

"We have known for a long time that BLC with rigid cystoscopes significantly

improves the detection of patients with bladder cancer, leading to more complete

tumor removal during surgery (TURBT) which is crucial for patient outcomes. The

significantly improved tumor detection also with flexible cystoscopes gives us a

new valuable tool to improve our management of patients with recurring bladder

cancer. BLC with flexible scopes should be used for all high- and intermediate

risk patients at the initial 3 months cystoscopy after TURBT and definitely in

the continued management of high risk patients," says Dr. Yair Lotan.

"It was very good to see Dr. Lotan presenting the positive Hexvix® / Cysview®

data from the US that is aligned with the experience of our European and Nordic

customers. The use of Hexvix® / Cysview® with flexible cystoscopes in the

surveillance of patients in the office will give a large number of new patients

access to better management of their disease", says Dan Schneider, President and

CEO of Photocure.

About Bladder Cancer

Bladder cancer is the fifth most commonly diagnosed cancer in the US and is the

fourth most common cancer found in men in the US1, 2, 3. In 2018, it is

estimated that there will be 81,190 new cases of bladder cancer will occur along

with 17,240 deaths due to bladder cancer. Risk factors for bladder cancer

include advancing age, cigarette smoking, occupational exposure to dyes, tar,

rubber and solvent, chronic bladder irritation and infections, and prior

diagnosis of bladder cancer. Bladder cancer is one of the most expensive cancers

to manage, accounting for approximately $3.7 billion in direct costs each

year4,5

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.2 NMIBC is still in the inner layer of cells. These

cancers are the most common (75%) of all BC cases and include the subtypes Ta,

carcinoma in situ (CIS) and T1 lesions. MIBC is when 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.2

About Hexvix®/Cysview®

Hexvix®/Cysview® is a drug that is selectively taken up by cancer cells in the

bladder making them glow bright pink during Blue Light Cystoscopy (BLCTM). BLCTM

with Hexvix® /Cysview® improves the detection of tumors and leads to more

complete resection, less residual tumors and better management decisions.

Cysview® is the tradename in the US and Canada, Hexvix® is the tradename in all

other markets. Photocure is commercializing Cysview® /Hexvix® directly in the US

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.ly2lsohgp for further information on our commercial partners.

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

trademarks of Photocure ASA.

About Photocure ASA

Photocure, The Bladder Cancer Company, delivers transformative solutions to

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

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). The US headquarters for Photocure Inc., are in

Princeton, New Jersey. For more information, please visit us at

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

For further information, please contact:

President and CEO, Daniel Schneider

Tel: +1 5084108044

E-mail: [email protected]

CFO Erik Dahl

Tel: +47 450 55 000

E-mail: [email protected]

1. SEER Cancer Statistics Factsheets: Bladder Cancer. National Cancer Institute.

Bethesda, MD. https://seer.cancer.gov/statfacts/html/urinb.html. Accessed April

2. Bladder Cancer. American Cancer Society.

http://www.cancer.org/acs/groups/cid/documents/webcontent/003085-pdf.pdf.

Accessed April 2018.

3. Hall M, Chang S, Dalbagni G et al. Guideline for the Management of Nonmuscle

Invasive Bladder Cancer (Stages Ta, T1, and Tis): 2007 Update. J Urol. 2007;178

(6):2314-2330.

4. Avritscher EB et al., Clinical model of lifetime cost of treating bladder

cancer and associated complications. Urology. 2006; 68:549-553.

5. Botteman et al. Clinical model of lifetime costs of treating bladder cancer:

a comprehensive review of the published literature. Pharmacoeconomics. 2003;

21:315-1330.

Talk to a Data Expert

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