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SHIRE PLC - Shire Reports Topline Results - Phase 2 IMAGO Study

Shire Reports Topline Results from First of Three Placebo-Controlled Phase 2
         Studies of SHP625 (LUM001) in Children with Alagille Syndrome

Lexington, Mass. - April 09, 2015 - Shire plc (LSE: SHP, NASDAQ: SHPG) today
announced that the 13-week Phase 2 IMAGO trial of its investigational compound
SHP625 (LUM001) did not meet the primary or secondary endpoints in the study of
20 pediatric patients with Alagille syndrome (ALGS), a rare, life-threatening
genetic disorder that presents with chronic cholestasis (accumulation of bile
acids in the liver) and severe pruritus (itching). The primary endpoint was the
change from baseline in serum bile acid levels as compared to placebo. The
secondary endpoint of pruritus was assessed using the novel ItchRO' instrument.

Mean serum bile acid levels and pruritus at the end of the study were lower in
both SHP625 and placebo treated groups as compared to baseline. However, in a
post-hoc analysis, a positive correlation between percent changes from baseline
in serum bile acid levels and pruritis was observed in the SHP625 treated
group. The number of patients in the placebo treated group was too small to
make an accurate assessment of this relationship.

There were no treatment emergent serious adverse events in this study. As
expected, the most common adverse events were diarrhea and abdominal pain,
which were more frequent with SHP625 than with placebo.

"We have gained important insights from these first results from one of several
phase 2 studies in the SHP625 development program," said Philip J. Vickers,
Ph.D., Head of Research and Development, Shire. "We remain committed to
continuing the ongoing studies of SHP625 in ALGS and other indications."

In addition to IMAGO, two larger placebo-controlled phase 2 studies in ALGS are
in progress, one of which has pruritus as the primary endpoint. SHP625 is also
being studied in progressive familial intrahepatic cholestasis, primary biliary
cirrhosis and primary sclerosing cholangitis.

ABOUT THE IMAGO STUDY

IMAGO is a phase 2 multicenter, randomized, placebo-controlled study of
children with ALGS, 1-18 years of age, conducted in the United Kingdom.
Subjects (n=20) were randomized to receive oral, once-daily SHP625, 140 µg/kg/
day (n=6) or 280 µg/kg/day (n=8) or placebo (n=6). The primary endpoint was
change in fasting serum bile acid levels from baseline to Week 13. Serum bile
acid level reductions from baseline were -66.1 µmol/L and -42.1 µmol/L (p=0.69)
in the SHP625 and in the placebo treated groups, respectively. For the
secondary endpoint of pruritus, the change from baseline for the ItchRO(Obs)
scores was -0.61 and -0.59 (p=0.95) in the SHP625 and the placebo treated
groups, respectively. Additional secondary endpoints included change in liver
enzymes. The most common adverse events with SHP625 vs placebo were diarrhea
(64.3% vs 33.3%) and abdominal pain (42.9% vs 16.7%).

ABOUT SHP625

SHP625 is being studied in several rare cholestatic liver diseases for both
pediatric and adult populations. Preclinical models demonstrate that SHP625 is
a potent, selective minimally absorbed inhibitor of the apical sodium-dependent
bile acid transporter. It blocks bile acid reabsorption in the terminal ileum
and increases fecal bile acid excretion, thereby reducing recirculation of bile
acids to the liver.

ABOUT ALAGILLE SYNDROME

Alagille syndrome (ALGS) is a rare, life-threatening genetic disorder occurring
in approximately one in 30,000 live births that affects the liver, heart,
kidney and other systems of the body. Problems associated with the disorder
generally become evident in infancy or early childhood. A person with Alagille
syndrome has fewer than the normal number of bile ducts inside the liver. This
causes bile to build up in the liver, a condition called cholestasis, and leads
to liver damage. In addition, a buildup of bile acids in the blood also can
cause pruritus, or itching, which can be severe. There are no approved medical
therapies for ALGS, but some treatments can address its symptoms. Ten to 30
percent of people with ALGS will require a liver transplant.

For further information please contact:

Investor Relations

Sarah Elton-Farr                        seltonfarr@shire.com +44 1256 894157

Media

Stephanie Fagan                         sfagan@shire.com     +1 201 572 9581

Gwen Fisher                             gfisher@shire.com    +1 484 595 9836

NOTES TO EDITORS

Shire enables people with life-altering conditions to lead better lives.

Our strategy is to focus on developing and marketing innovative specialty
medicines to meet significant unmet patient needs.

We focus on providing treatments in Rare Diseases, Neuroscience,
Gastrointestinal and Internal Medicine and we are developing treatments for
symptomatic conditions treated by specialist physicians in other targeted
therapeutic areas, such as Ophthalmics.

www.shire.com

THE "SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995

Statements included in this announcement that are not historical facts are
forward-looking statements. Such forward-looking statements involve a number of
risks and uncertainties and are subject to change at any time. In the event
such risks or uncertainties materialize, Shire's results could be materially
adversely affected. The risks and uncertainties include, but are not limited
to, that:

  * Shire's products may not be a commercial success;

  * product sales from ADDERALL XR and INTUNIV are subject to generic
    competition;

  * the failure to obtain and maintain reimbursement, or an adequate level of
    reimbursement, by third-party payers in a timely manner for Shire's
    products may affect future revenues, financial condition and results of
    operations;

  * Shire conducts its own manufacturing operations for certain of its products
    and is reliant on third party contract manufacturers to manufacture other
    products and to provide goods and services. Some of the Shire's products or
    ingredients are only available from a single approved source for
    manufacture. Any disruption to the supply chain for any of the Shire's
    products may result in Shire being unable to continue marketing or
    developing a product or may result in Shire being unable to do so on a
    commercially viable basis for some period of time;

  * the manufacture of Shire's products is subject to extensive oversight by
    various regulatory agencies. Regulatory approvals or interventions
    associated with changes to manufacturing sites, ingredients or
    manufacturing processes could lead to significant delays, an increase in
    operating costs, lost product sales, an interruption of research activities
    or the delay of new product launches;

  * Shire has a portfolio of products in various stages of research and
    development. The successful development of these products is highly
    uncertain and requires significant expenditures and time, and there is no
    guarantee that these products will receive regulatory approval;

  * the actions of certain customers could affect Shire's ability to sell or
    market products profitably. Fluctuations in buying or distribution patterns
    by such customers can adversely affect Shire's revenues, financial
    conditions or results of operations;

  * investigations or enforcement action by regulatory authorities or law
    enforcement agencies relating to Shire's activities in the highly regulated
    markets in which it operates may result in significant legal costs and the
    payment of substantial compensation or fines;

  * adverse outcomes in legal matters and other disputes, including Shire's
    ability to enforce and defend patents and other intellectual property
    rights required for its business, could have a material adverse effect on
    Shire's revenues, financial condition or results of operations;

  * Shire faces intense competition for highly qualified personnel from other
    companies and organizations. Shire is undergoing a corporate reorganization
    and was the subject of an unsuccessful acquisition proposal and the
    consequent uncertainty could adversely affect Shire's ability to attract
    and/or retain the highly skilled personnel needed for Shire to meet its
    strategic objectives;

  * failure to achieve Shire's strategic objectives with respect to the
    acquisition of NPS Pharmaceuticals, Inc. may adversely affect Shire's
    financial condition and results of operations;

and other risks and uncertainties detailed from time to time in Shire's filings
with the US Securities and Exchange Commission, including its most recent
Annual Report on Form 10-K.

Press Release

www.shire.com
© 2015 PR Newswire
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