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2008-11-25 18:04:24 CET 2008-11-25 18:05:23 CET REGULATED INFORMATION Biohit Oyj - Company AnnouncementNEW DELAYS IN THE FDA APPROVAL PROCEDURE FOR BIOHIT'S PEPSINOGEN I AND II TESTSBIOHIT OYJ STOCK EXCHANGE RELEASE ON 25 NOVEMBER 2008 AT 7:00 PM NEW DELAYS IN THE FDA APPROVAL PROCEDURE FOR BIOHIT'S PEPSINOGEN I AND II TESTS The US Food and Drug Administration (FDA) has not approved the further clarification related to Biohit's application for the GastroPanel Pepsinogen I and II tests. Biohit delivered this clarification to the FDA in October this year. According to FDA, the clarification contains insufficient information. To continue the process, more comprehensive research data and a new submission is required. As per FDA's request, two patient studies have been made in the USA. The research data acquired, however, proved to be insufficient according to FDA criteria. The FDA has already earlier granted authorisation to GastroPanel's Gastrin-17 and Helicobacter pylori antibodies tests. No other company has previously received FDA approval for Pepsinogen I and II. Biohit had to supplement its original application in the United States with two studies that compared the results of Biohit's Pepsinogen I and II to the histology of several biopsies taken through gastroscopy (a normal finding or atrophic gastritis, - i.e. loss of glands and function of the stomach mucosa). In other countries, patient trials with GastroPanel have given good results. Biohit will continue the authorisation process by making a plan to get further clarifications that will meet the requirements of FDA. Biohit Oyj Osmo Suovaniemi President & CEO Further information: Osmo Suovaniemi, M.D., Ph.D., Professor President & CEO Tel: +358-9-773 861 GSM: +358-40-745 5605 Email: osmo.suovaniemi@biohit.com Distribution: Helsinki Exchanges Central storage facility (www.oam.fi) Press www.biohit.com About Biohit Oyj Biohit Oyj develops, manufactures and markets liquid handling products and diagnostic test systems for use in research, health care and industrial laboratories. Liquid handling products include electronic and mechanical pipettes and dispensers, and disposable tips, as well as pipette maintenance and calibration services. Diagnostics business comprises products and analysis systems for diagnosing, screening and prevention of gastrointestinal diseases, e.g. the blood-sample based GastroPanel and GastroView, for diagnosing diseases of the stomach and associated risks, as well as quick tests for the diagnosis of lactose intolerance, H. pylori infection and fecal occult blood. Biohit Oyj is headquartered in Finland. Biohit has subsidiaries in France, Germany, the UK, Russia, China, Japan and the USA. Additionally, Biohit's products are sold by approximately 450 distributors in 70 countries. Biohit's share (BIOBV) is quoted on NASDAQ OMX Helsinki. Read more at www.biohit.com |
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