Search   Advanced Search
LATEST NEWS
 
 
News
 Latest Headlines
 Quick Facts
 Breaking News
 Top Stories
 Feature Articles
 Politics
 US Policy
 General
 Commodities
 Canadian
 UK
 Indian
 Wallstreet Events
 Slide Shows
 US Economic News
 European Economic News
 Asian Economic News
 All Economic News
 FX Top Stories
 Currency Alerts
 Mkt Sensitive News
 Politics
 European Mkt Updates
 Asian Mkt Updates
 Treasury Mkt Updates
 Pop
 Rock
 Classic Rock
 Rap/Hip-Hop
 Country
 Alternative
 Oldies
 Movie Reviews
 DVD Releases
 Box Office
 Slide Shows
 Business News
Commentary/Analysis
 Daily Market Analysis
 US Market Updates
 US Commentary
 Asian Commentary
 European Commentary
 Canadian Commentary
 Indian Commentary
 Sector/Market Trends
Stock Alerts
 Stocks To Watch
 Long Term Stocks
 Before the Bell
 $5 and Under
 After the Bell
 Intraday Updates
 IPOs
 Hot Stocks
Earnings Calendars
 Upcoming Earnings
 Latest Earnings
 Pos Pre Announcements
 Neg Pre Announcements
Corporate Calendars
 Stock Splits
 Stock Buybacks
 Dividends
 Conference Calls
 FDA Calendar
 Board Meetings
 Mergers & Acquisitions
Ratings Changes
 Upgrades
 Downgrades
 Coverage Initiations
 Coverage Reiterated
 All Videos
 Market Commentary
 Top Stories
 Economic News
 Political News
 Foreign Markets
 Corporate News
 Entertainment News
 Top Stories
 Earnings
 Mergers & Acquisitions
 Market Commentary
 Economic News
 IPOs and New Issues
 Corporate News
 Forex News
 Interviews
 Private Equity
Economic Calendar
RTT DeskAlert
CES 2010 Coverage 

Follow Us
RTTNews on Twitter RTTNews on Facebook RTTNews on MySpace RTTNews on YouTube

Font Down Font Up

 
Human Genome Sciences Receives Complete Response Letter From FDA For Raxibacumab - Update
11/16/2009 9:03 AM  ET
RELATED NEWS
Human Genome Sciences To Present At The 12th Annual BIO CEO & Investor Conference At 1:30 PM, ET
Human Genome Sciences Appoints Scott Habig As VP, Sales - Quick Facts
Human Genome Sciences Has Taken Out The Lows Of The Morning
Human Genome Sciences Sees FY10 Revenue Below View; Reveals FY10 Goals - Update
Human Genome Sciences To Present At 28th Annual JPMorgan Healthcare Conference; Webcast At 1:00 PM ET

Trade HGSI now with
TOP MARKET NEWS
Micron Technology Agrees To Buy Privately-held Numonyx For US$1.27 Bln Stock - Update
NZ Dollar Declines From New Multi-day Highs Against Most Majors
Australian Dollar Eases From Multi-day Highs Against Euro And Yen
EOG Resources Q4 Profit Down 13%; Raises Quarterly Dividend - Update
Yen Off Fresh Multi-day Lows Against Majors
(RTTNews) -  Monday, Human Genome Sciences, Inc. (HGSI: News ) said it has received a Complete Response Letter from the U.S. Food and Drug Administration or FDA relating to the company's Biologics License Application or BLA seeking approval of raxibacumab for treating inhalational anthrax.

The Rockville, Maryland headquartered biopharmaceutical company said the FDA issues Complete Response Letters to request additional information needed to complete the review of a BLA. Human Genome said it submitted the BLA to the FDA for raxibacumab in May 2009.

The company said raxibacumab is a first-in-class treatment for anthrax, and the first procurement under Project BioShield of a product discovered and developed after the September 11, 2001 terrorist attacks. Raxibacumab is being developed under a contract entered into in 2006 with the Biomedical Advanced Research and Development Authority or BARDA.

In April 2009, the company fulfilled its commitment under this contract to deliver 20 thousands doses of raxibacumab to the Strategic National Stockpile for emergency use. In July 2009, the U.S. Government exercised its option to purchase an additional 45 thousands doses to be delivered over a three-year period, beginning near the end of 2009, the company said.
James Davis, Executive Vice President and General Counsel, HGS, said, "It is unfortunate that it was not possible to resolve these questions before the PDUFA date passed. However, HGS has delivered 20,000 doses of raxibacumab to the U.S. Strategic National Stockpile under our contract with BARDA, so it is currently available in the Stockpile for use in the event of an emergency while we complete our discussions with the FDA."

The company said its primary focus is toward the commercialization of its two lead drugs, BENLYSTA for lupus and ZALBIN for hepatitis C. BENLYSTA has successfully met its primary endpoint in two pivotal Phase 3 trials in systemic lupus erythematosus, and the submission of marketing applications in the U.S., Europe and other regions is planned in the first half of 2010. ZALBIN has completed Phase 3 development, and the submission of global marketing applications is planned in fourth quarter 2009.

HGSI closed Friday's regular trading session at $27.89.

To receive FREE breaking news email alerts for Human Genome Sciences Inc and others in your portfolio


by RTT Staff Writer

For comments and feedback: contact editorial@rttnews.com


Share Article:   Del.icio.us    Digg    Y! My Web    Facebook    My Space

Email        Print           Follow Us RTTNews on Facebook RTTNews on MySpace RTTNews on YouTube

     
 

More Breaking News-US

106  Douglas Emmett Q4 FFO Declines; Yet Meets Estimates, Provides FY10 FFO Guidance - Update
105  Google Introduces Buzz - Update
104  Chevron Says Court Appointee In Ecuador Lawsuit Tied To Ecuador State-owned Oil Company - Update
103  Dionex Q2 Profit Down, Guides Q3, Revises FY10 Outlook - Update
102  HNI Slips To Loss In Q4 - Update
101  Terreno Realty Prices 8.75 Mln Common Shares IPO At $20/share - Update
100  RenaissanceRe Holdings Swings To Profit In Q4 - Update
99  Aspen Insurance Holdings Q4 Profit Surges, Tops View - Update
98  Gildan Activewear Q1 Profit Surges; Backs FY10 Outlook - Update
97  Max Capital Group Swings To Q4 Profit - Update
96  Airgas Rejects Air Products' Hostile Takeover Bid - Update
95  American Financial Group Q4 Profit Rises, Tops Estimate, Lifts FY10 Earnings View - Update
94  Seattle Genetics Posts Narrower Q4 Loss - Update
93  AspenTech Swings To Q2 Loss - Update
92  Corrections Corp. Q4 Profit Rises - Update
  

 

Copyright © 2010 RTTNews. All rights reserved. By using this site, you agree to the Terms of Service.

Feedback| Terms of Service| How To Use RTTNews.com| Advertise| Privacy| Buy Content | RSS