SOPHIA ANTIPOLIS, France and SAN DIEGO, June 19, 2014 (GLOBE
NEWSWIRE) --
Nicox and Sequenom announce the launch of expanded
access to RetnaGene(TM) test portfolio in the U.S.
...................................
June 19, 2014.
Sophia Antipolis, France and San Diego, Calif.
Nicox S.A. (NYSE Euronext Paris:
COX), the international ophthalmic company, and Sequenom,
Inc. (NASDAQ:SQNM), a life sciences company providing
innovative genetic analysis solutions, today announced that Nicox's
subsidiary, Nicox Inc. is launching expanded access to Sequenom
Laboratories' RetnaGene(TM) portfolio of laboratory-developed
genetic tests in the United States (U.S.). The RetnaGene portfolio
includes RetnaGene AMD and RetnaGene
LR, specialized genetic tests, which assess an
individual's risk for advanced age-related macular degeneration
(AMD).
"Expanding access to the RetnaGene portfolio of tests is an
important milestone in the progress of the Nicox Ophthalmic
Diagnostics franchise in the U.S.," commented Jerry St.
Peter, Executive Vice President and General Manager of Nicox
Inc. "AMD is a leading cause of blindness in the U.S. and
is estimated to affect over 15 million Americans, including 10 to
15% suffering from an advanced form of the disease.1,2 The
RetnaGene tests allow for improved patient management, by examining
the most relevant genetic markers for a more accurate prediction of
advanced AMD risk. Both the RetnaGene tests and our groundbreaking
test for the early detection of Sjögren's syndrome, Sjö(TM), will
be supported by our rapidly expanding specialist sales force."
RetnaGene(TM) - A portfolio of laboratory-developed
tests that advances AMD risk assessment
AMD is the most common cause of visual impairment and the
leading cause of blindness in the elderly population in the
developed world. The RetnaGene portfolio includes two
laboratory-developed genetic tests performed exclusively by
Sequenom Laboratories that evaluate an individual's risk of
advanced AMD. The RetnaGene AMD test assesses the risk for wet AMD
(also called choroidal neovascularization, CNV) within two, five
and ten years in patients aged 55 and older with early or
intermediate dry AMD. The RetnaGene(TM) LR test assesses the
lifetime risk of advanced AMD (wet or dry) in patients who have not
been diagnosed with AMD, aged 55 and older and/or with a family
history of AMD. The RetnaGene tests evaluate genotype and other
known risk factors, giving a more complete assessment of a
patient's individual risk for developing advanced AMD than with
current phenotype-based standards.
"Currently there is much debate in the medical community
surrounding the best way to incorporate genetic testing for AMD
into clinical practice. Expanded access to the RetnaGene tests will
provide broader use and education to clinicians about this
important technology," said Quan Dong Nguyen, MD,
MSc, who holds the McGaw Memorial Endowed Chair in
Ophthalmology and is the Inaugural Director of the Truhlsen Eye
Institute, University of Nebraska Medical Center.
In January 2014, Sequenom Laboratories granted
Nicox Inc. exclusive promotion and marketing rights for its
RetnaGene tests. Nicox Inc. has significantly strengthened its
field force to support the expanded access of the RetnaGene
portfolio, which is now available to its customers in the U.S.
"We believe the new offering of the RetnaGene tests
by Nicox will help to fuel the momentum in the field while also
developing enhanced opportunities for clinical trials and research
to continue to investigate the utility of genetic testing services
for AMD," said Diana Do, MD, Associate Professor
of Ophthalmology and Director of the Carl Camras Center for
Innovative Clinical Research in Ophthalmology at the Truhlsen Eye
Institute, University of Nebraska Medical Center.
Both RetnaGene tests offer a quick and simple method for
collecting DNA specimens with an easy-to-use in-office buccal swab.
The RetnaGene tests were developed, validated and are performed
exclusively by Sequenom Laboratories and are available through
contract with Nicox. U.S. eye care practitioners can obtain more
information and order specimen collection materials for the
RetnaGene test by calling +1.855.MY.NICOX (+1.855.696.4269).
Additional information can be found on Nicox's new website
specifically intended for a U.S. audience: www.mynicox.com. The
Nicox Inc. team will be available at the Optometry's Meeting®
(117th Annual AOA Congress & 44th Annual AOSA Conference) being
held from June 25 to 29, 2014 in Philadelphia, Pennsylvania, to
discuss its ophthalmic diagnostics offering, including
RetnaGene(TM) and Sjö(TM) (booth number: 1630).
"We are pleased with the timely progress of our partnership with
Nicox and we are confident in Nicox's ability to successfully
expand access to the RetnaGene portfolio of tests in the ophthalmic
arena in the U.S.," stated William Welch, Chief Executive
Officer of Sequenom, Inc.
About AMD, a leading cause of blindness in the
U.S.
AMD is an insidious, progressive eye disorder that starts with
relatively harmless tiny yellow deposits on the retina (the light
sensitive tissue in the eye) and increases in prevalence and
severity with age. It is estimated that AMD currently affects
approximately 15 million people in the United States and is a
leading cause of vision loss in Americans aged 60 and over.1
Advanced AMD represents 10 to 15 percent of all AMD cases and is
estimated to affect at least 1.75 million patients in the U.S.2
Geographic atrophy is considered the advanced stage of the dry
form of AMD. Another advanced form of AMD is neovascular or 'wet
AMD', which causes profound loss of central vision and is the
leading source of legal blindness in people over age 50 in the
developed world. Wet AMD is caused by abnormal growth of fragile
and leaky blood vessels, known as choroidal neovascularization
(CNV) in the macula (a small area where vision is keenest at the
center of the retina) in response to chronic inflammatory
stress.
Genetics are highly influential in the development of AMD, with
up to 71 percent of heritability for advanced AMD.3 The advanced
"wet" form of the disease accounts for approximately 90 percent of
severe vision loss associated with the disease.4,5 Conversion to
wet AMD can be sudden, with vision loss being rapid and severe. A
missed conversion can lead to delayed therapeutic intervention and
the potential for irreversible central vision loss. On the
contrary, an early risk assessment may enable patients to benefit
from a personalized patient management plan with the goal of
preserving vision.
Exclusive agreement between Nicox Inc. and Sequenom
Laboratories for RetnaGene
Under the terms of the agreement signed in January 2014,
Sequenom's affiliate Sequenom Laboratories granted Nicox Inc.
exclusive rights to promote the RetnaGene AMD and RetnaGene LR
laboratory-developed tests to eye care practitioners in North
America (United States, Canada, Puerto Rico and Mexico) and
co-exclusive rights towards specialized retina physicians. Sequenom
Laboratories provides the sample collection materials and performs
the testing exclusively in its CLIA-certified laboratory at an
agreed price to Nicox. Further, Sequenom Laboratories contributes
existing commercial and clinical expertise, and marketing
intelligence to expedite increased market demand and uptake within
the general ophthalmology and optometry segments. Nicox is
responsible for all marketing and promotional activities, and is
directly promoting the RetnaGene tests to eye care
practitioners.
...................................
References
- Wong WL, Su X, Li X, et al. Global prevalence of age-related
macular degeneration and disease burden projection for 2020 and
2040: a systematic review and meta-analysis. The Lancet Global
Health 2014, 2(2): e106-e116.
- Klein R, Klein BEK. The prevalence of age-related eye diseases
and visual impairment in aging: current estimates. Invest
Ophthalmol Sci. 2013; 54:ORSF5-ORSF13.
- Seddon JM, Cote J, Page WF, et al. The US twin study of
age-related macular degeneration: relative roles of genetic and
environmental influences. Arch Ophthalmol. 2005;
123(3):321-327.
- Jager RD, Mieler WF, Miller JW. Age-related macular
degeneration. N Engl J Med. 2008;358(24):2606-2617.
- Ferris FL, Fine SL, Hyman L. Age-related macular degeneration
and blindness due to neovascular maculopathy. Arch Ophthalmol.
1984; 102(11):1640-1642.
...................................
About Nicox
Nicox (Bloomberg: COX:FP, Reuters: NCOX.PA) is an emerging
international company focused on the ophthalmic market. With a
heritage of innovative R&D, business development and commercial
expertise, the Nicox team is building a diversified portfolio of
therapies and diagnostic tools that can help people to enhance
their sight. The Company's commercial portfolio and near-term
pipeline already include several innovative diagnostic tests
intended for eye care professionals, as well as a range of eye care
products. Nicox's key proprietary asset in ophthalmology is
latanoprostene bunod, a novel compound based on Nicox's proprietary
nitric oxide (NO)-donating R&D platform, currently in Phase 3
clinical development in collaboration with Bausch + Lomb for the
potential treatment of glaucoma and ocular hypertension. Further
NO-donors are under development, notably through partners.
Nicox is headquartered in France, with research capabilities in
Italy, a growing commercial infrastructure in North America and in
the major European markets and an expanding international presence
through partners. Nicox S.A. is listed on Euronext Paris
(Compartment B: Mid Caps). For more information on Nicox or its
products please visit www.nicox.com.
About Sequenom
Sequenom, Inc. (NASDAQ: SQNM) is a life sciences company
committed to improving healthcare through revolutionary genomic and
genetic analysis solutions. Sequenom develops innovative
technology, products and diagnostic tests that target and serve
molecular diagnostic markets. Website: www.sequenom.com.
About Sequenom Laboratories
Sequenom Laboratories, a CAP accredited and CLIA-certified
molecular diagnostics laboratory, has developed a broad range of
laboratory-developed tests, with a focus on prenatal and
ophthalmological diseases and conditions. Branded under the names
SensiGene®, MaterniT21(TM) PLUS, HerediT(TM), NextView(TM) and
RetnaGene(TM), these molecular genetic laboratory-developed tests,
performed exclusively by Sequenom Laboratories, provide early
patient management information for obstetricians, geneticists,
maternal fetal medicine specialists and ophthalmologists. Sequenom
Laboratories is changing the landscape in genetic disorder
diagnostics using proprietary cutting edge technologies.
Sequenom®, MaterniT21(TM) PLUS, SensiGene®, HerediT(TM),
NextView(TM), and RetnaGene(TM) are trademarks of Sequenom, Inc.
All other trademarks and service marks are the property of their
respective owners.
...................................
Forward-looking statements
Nicox
This press release contains certain forward-looking statements.
Although the Company believes its expectations are based on
reasonable assumptions, these forward-looking statements are
subject to numerous risks and uncertainties, which could cause
actual results to differ materially from those anticipated in the
forward-looking statements.
Risks factors which are likely to have a material effect on
Nicox's business are presented in the 4th chapter of the « Document
de référence, rapport financier annuel et rapport de gestion 2013 »
filed with the French Autorité des Marchés Financiers (AMF) on
April 2, 2014 and available on Nicox's website (www.nicox.com) and
on the AMF's website (www.amf-france.org).
Sequenom
Except for the historical information contained herein, the
matters set forth in this press release, including statements
regarding Sequenom's, Nicox's, and healthcare provider expectations
related to expanded access to the RetnaGene portfolio of tests and
the impact, effects, and benefits of such tests on Sequenom, Nicox,
healthcare providers, and patients, Sequenom's and Nicox's
expectations regarding future performance under the agreement
between Sequenom and Nicox and the expected or potential benefits
and impact of the agreement on Sequenom, Nicox, healthcare
providers and patients, Sequenom's commitment to improving
healthcare through revolutionary genomic and genetic analysis
solutions, and Sequenom Laboratories's changing the landscape in
genetic disorder diagnostics, are forward-looking statements within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are subject to risks and uncertainties that may cause
actual results to differ materially, including the risks and
uncertainties associated with market demand for and acceptance and
use of technology and tests such as the RetnaGene portfolio of
tests, reliance upon the collaborative efforts of other parties
such as Nicox, healthcare providers and others, Sequenom or other
parties obtaining or maintaining regulatory approvals that impact
Sequenom's business, government regulation particularly with
respect to diagnostic products and laboratory developed tests,
publication processes, the performance of designed product
enhancements, Sequenom's ability to develop and commercialize
technologies and products, particularly new technologies such as
laboratory developed tests, Sequenom's financial position, the
timing and amount of reimbursement that Sequenom Laboratories
receives from payors for its laboratory developed tests, Sequenom's
ability to manage its existing cash resources or raise additional
cash resources, competition, intellectual property protection and
intellectual property rights of others, litigation involving
Sequenom, and other risks detailed from time to time in Sequenom's
most recently filed reports on Form 8-K, its most recently filed
Quarterly Report on Form 10-Q and its Annual Report on Form 10-K/A
and 10-K for the year ended December 31, 2013, and other documents
subsequently filed with or furnished to the Securities and Exchange
Commission. These forward-looking statements are based on current
information that may change and you are cautioned not to place
undue reliance on these forward-looking statements, which speak
only as of the date of this press release. All forward-looking
statements are qualified in their entirety by this cautionary
statement, and Sequenom undertakes no obligation to revise or
update any forward-looking statement to reflect events or
circumstances after the issuance of this press release.
...................................
|
|
Nicox
Contacts |
|
|
|
Nicox |
Gavin
Spencer | Executive Vice President Corporate
Development |
|
+33 (0)4 97 24 53 00 |
communications@nicox.com |
Media
Relations |
|
United
States |
Pascale
Communications | Mike Elofer |
|
+1 484 620 6167 |
mike@pascalecommunications.com |
United
Kingdom |
Jonathan
Birt |
|
+44 7860 361 746 |
jonathan.birt@ymail.com |
France |
Caroline
Courme | Communication Manager |
|
+33 (0)4 97 24 53 43 |
courme@nicox.com |
|
|
Sequenom
Contacts |
|
Carolyn
Beaver |
Rachel
Kennedy |
Chief
Financial |
Officer Media
Contact |
Sequenom, Inc. |
Chandler Chicco
Agency |
+1 858 202 9028 |
+1 858 449 9575 |
investorrelations@sequenom.com |
rkennedy@chandlerchiccocompanies.com |
Launch of expanded access to RetnaGene
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