Cardiome Announces Positive Phase 2a Results For Oral RSD1235
13 September 2006 - 2:30PM
PR Newswire (US)
NASDAQ: CRME TSX: COM VANCOUVER, Sept. 13 /PRNewswire-FirstCall/ --
Cardiome Pharma Corp. (NASDAQ: CRMENASDAQ:/NASDAQ:TSX:NASDAQ:COM)
today announced top-line results from both the 300mg and 600mg
dosing groups for its recently-completed Phase 2a pilot study of
RSD1235 (oral). The study was initiated in December 2005, and an
interim analysis of the 300mg dosing group relative to the initial
placebo group was announced on July 24, 2006. For the 300mg dosing
group, 61% (33 of 54) of patients receiving RSD1235 (oral)
completed the study in normal heart rhythm, as compared to 43% (24
of 56) of all patients receiving placebo. For the 600mg dosing
group, 61% (30 of 49) of patients receiving RSD1235 (oral)
completed the study in normal heart rhythm, as compared to 43% of
all patients receiving placebo. A Kaplan-Meier analysis of the
results demonstrated a statistically significant efficacy
difference between the 300mg dosing group and the placebo group
(p=0.048). The difference between the 600mg dosing group and the
placebo group trended toward but did not reach statistical
significance (p=0.060). A combined analysis of all drug group
patients relative to the placebo group also demonstrated a
statistically significant difference (p=0.028). For the entire
study, a total of 171 patients were successfully cardioverted after
the initial 3 days of dosing and continued in the study, of which
159 reached an endpoint of the study (completion of dosing or
relapse to atrial fibrillation). The remainder of the patients were
discontinued from the study for reasons unrelated to atrial
fibrillation. The safety data for both dosing groups suggests that
RSD1235 (oral) appears well-tolerated within the target population.
During the 28 days of oral dosing, serious adverse events occurred
in 8% of all placebo patients, 10% of patients in the 300mg dosing
group, and 11% of patients in the 600mg dosing group. Potentially
drug-related serious adverse events occurred in 1% of all placebo
patients, 4% of patients in the 300mg dosing group and 5% of
patients in the 600mg dosing group. There were no cases of
drug-related "Torsades de Pointes", a well-characterized arrhythmia
which is an occasional side effect of some current anti-arrhythmic
drugs. "This clinical trial has exceeded our expectations,
reinforcing the signal we saw in the 300mg interim results and
giving us an even greater degree of confidence in the potential for
RSD1235 (oral) as a therapy for the prevention of recurrence of
atrial fibrillation," said Bob Rieder, Chief Executive Officer of
Cardiome. "In particular, we are encouraged by the strong safety
data we've seen in a target patient population which includes a
high proportion of older patients and patients with congestive
heart failure." "This Phase 2a study was designed to test safety
and tolerability, and we are very pleased with the clear early
efficacy trends demonstrated," said Dr. Charles Fisher, Executive
Vice President and Chief Medical Officer of Cardiome. "The
consistency in safety, tolerability and efficacy across the two
dosing groups indicates the potential to realize efficacy in the
broad atrial fibrillation population within the context of the
doses explored." The double-blind, placebo-controlled, randomized,
dose-ranging study was designed to explore safety and tolerability,
pharmacokinetics and preliminary efficacy of RSD1235 (oral) over 28
days of dosing in patients at risk of recurrent atrial
fibrillation. The majority of patients enrolled had experienced
atrial fibrillation for greater than 30 days and less than 180 days
in duration. Patients received a 300mg dose of RSD1235 (oral), a
600mg dose of RSD1235 (oral) or placebo twice per day. After the
first 3 days, patients still in atrial fibrillation were
electrically cardioverted. Successfully cardioverted patients
continued to receive RSD1235 (oral) or placebo for the remaining 25
days and were monitored throughout the dosing period. Cardiome
initiated the Phase 2a pilot study of RSD1235 (oral) in December
2005. The study was conducted across 72 centres in Canada, U.S. and
Europe. Cardiome will hold a teleconference and webcast on
Wednesday, September 13, 2006 at 8:00am EST (5:00am PST) to discuss
these results. Please dial 800-814-4853 or 416-644-3416 to access
the call. There will be a separate dial-in line for analysts on
which we will respond to questions at the end of the presentation.
The webcast can be accessed through Cardiome's website at
http://www.cardiome.com/. About Cardiome Pharma Corp. Cardiome
Pharma Corp. is a product-focused cardiovascular drug development
company with two clinical drug programs focused on atrial
arrhythmia (intravenous and oral dosing), and a pre-clinical
program directed at improving cardiovascular function. RSD1235 (iv)
is the intravenous formulation of an investigational drug being
evaluated for the acute conversion of atrial fibrillation (AF).
Positive top-line results from two pivotal Phase 3 trials for
RSD1235 (iv), called ACT 1 and ACT 3, were released in December
2004 and September 2005. An additional Phase 3 study evaluating
patients with post-operative atrial arrhythmia, called ACT 2, and
an open-label safety study evaluating recent-onset AF patients,
called ACT 4, are ongoing. Cardiome and its co-development partner
Astellas are working toward re-submitting a New Drug Application
for RSD1235 (iv) following receipt of a Refusal to File letter from
the FDA in May 2006. RSD1235 (oral) is being investigated as a
chronic-use oral drug for the maintenance of normal heart rhythm
following termination of AF. Cardiome announced positive results
from a Phase 2a pilot study for RSD1235 (oral) in July 2006 and
September 2006. Cardiome is traded on the Toronto Stock Exchange
(COM) and the NASDAQ National Market (CRME). Further information
about Cardiome can be found at http://www.cardiome.com/.
Forward-Looking Statement Disclaimer Certain statements in this
press release contain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995 or
forward-looking information under applicable Canadian securities
legislation that may not be based on historical fact, including
without limitation statements containing the words "believe",
"may", "plan", "will", "estimate", "continue", "anticipate",
"intend", "expect" and similar expressions. Such forward-looking
statements or information involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
events or developments, or industry results, to be materially
different from any future results, events or developments expressed
or implied by such forward-looking statements or information. Such
factors include, among others, our stage of development, lack of
product revenues, additional capital requirements, risk associated
with the completion of clinical trials and obtaining regulatory
approval to market our products, the ability to protect our
intellectual property, dependence on collaborative partners and the
prospects for negotiating additional corporate collaborations or
licensing arrangements and their timing. Specifically, certain
risks and uncertainties that could cause such actual events or
results expressed or implied by such forward-looking statements and
information to differ materially from any future events or results
expressed or implied by such statements and information include,
but are not limited to, the risks and uncertainties that: we may
not be able to successfully develop and obtain regulatory approval
for RSD1235 (iv) or RSD1235 (oral) in the treatment of atrial
fibrillation or any other current or future products in our
targeted indications; our future operating results are uncertain
and likely to fluctuate; we may not be able to raise additional
capital; we may not be successful in establishing additional
corporate collaborations or licensing arrangements; we may not be
able to establish marketing and sales capabilities and the costs of
launching our products may be greater than anticipated; we rely on
third parties for the continued supply and manufacture of RSD1235
(iv) and RSD1235 (oral) and we have no experience in commercial
manufacturing; we may face unknown risks related to intellectual
property matters; we face increased competition from pharmaceutical
and biotechnology companies; and other factors as described in
detail in our filings with the Securities and Exchange Commission
available at http://www.sec.gov/ and the Canadian securities
regulatory authorities at http://www.sedar.com/. Given these risks
and uncertainties, you are cautioned not to place undue reliance on
such forward-looking statements and information, which are
qualified in their entirety by this cautionary statement. All
forward-looking statements and information made herein are based on
our current expectations and we undertake no obligation to revise
or update such forward-looking statements and information to
reflect subsequent events or circumstances, except as required by
law. CONTACT: Don Graham, Director of Corporate Communication,
(604) 676-6963 or Toll Free: 1-800-330-9928, Email: ; Peter K.
Hofman, Director of Investor Relations, (604) 676-6993 or Toll
Free: 1-800-330-9928, Email: DATASOURCE: Cardiome Pharma Corp.
CONTACT: Don Graham, Director of Corporate Communication, (604)
676-6963 or Toll Free: 1-800-330-9928, Email: ; Peter K. Hofman,
Director of Investor Relations, (604) 676-6993 or Toll Free:
1-800-330-9928, Email:
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