RESEARCH TRIANGLE PARK, N.C., Oct. 8, 2012 /PRNewswire/ -- Grifols, a global healthcare company based in Barcelona, Spain, announced today that the first patient has been enrolled and dosed in a phase II study evaluating the safety and tolerability of Alpha-1 HC aerosol in patients with cystic fibrosis. Cystic fibrosis is an inherited disease that causes progressive decline in lung function, including acute episodes of worsening respiratory symptoms and potentially fatal lung infections.
The multicenter trial will investigate two doses of Alpha-1 HC aerosol, an inhaled formulation of Grifols' alpha 1-proteinase inhibitor (human). Investigators will measure adverse events and other end points during the three-week study period. The randomized, double-blind, placebo-controlled trial will enroll 30 patients at six sites across the U.S.
"Our goal is to continually develop new therapies that will improve the quality of life and prognosis for individuals with cystic fibrosis," said Dr. Amit Gaggar, Associate Professor of Medicine at the University of Alabama, one of the study sites. "This study will offer insight into a novel therapeutic approach using an inhaled medicine that directly targets the affected lung tissue."
On April 6, 2012, Grifols received orphan drug designation from the U.S. Food and Drug Administration (FDA) to develop Alpha-1 HC aerosol as a treatment for cystic fibrosis. Grifols also received a positive opinion on orphan drug designation for Alpha-1 HC aerosol as a treatment for cystic fibrosis from the European Medicines Agency on September 12, 2012. Orphan drug designation is granted to encourage the development of treatments that prevent, diagnose or treat rare diseases that affect fewer than 200,000 people per year in the U.S. and fewer than 5 in 10,000 people in the EU.Grifols leads the global market with its intravenous alpha 1-proteinase inhibitor for the treatment of alpha 1-antitrypsin deficiency, a rare disorder that can cause emphysema due to low circulating levels of the alpha 1 protein in the lungs. About the Study The phase II trial is a three-week, dose-escalation, randomized, double-blind, placebo-controlled study to assess the safety and tolerability of 100 mg and 200 mg of inhaled Alpha-1 HC aerosol administered once daily. Study sites include the University of Alabama at Birmingham; Case Western Reserve Medical Center and Rainbow Babies and Children's Hospital; Children's Hospital Boston; Medical University of South Carolina; National Jewish Health, Denver, CO; and the University of North Carolina at Chapel Hill. About Grifols Grifols is a global healthcare company that produces plasma-derived therapies and manufactures hospital pharmacy products, intravenous solutions, diagnostic tools and medical devices. As the third largest global producer of plasma therapies, Grifols has a presence in more than 90 countries and is the world leader in plasma collection, with 150 plasma donation centers across the U.S. The centers collect protein-rich plasma, which Grifols tests and manufactures into life-saving medicines used to treat rare conditions such as bleeding disorders, immune deficiencies and genetic emphysema. The company's class A shares have been listed on the Spanish Stock Exchange (MCE: GRF) since 2006 and have been part of the Ibex-35 since 2008. In 2011, the company listed non-voting class B shares on the Mercado Continuo (MCE: GRF.P) and on the U.S. NASDAQ via ADRs (NASDAQ: GRFS).
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV