Taipei, Taiwan, 25 December 2018.
SynCore Biotechnology Co. (4192:TT) announces first patient in for Phase III trial in SB05 pancreatic cancer (SB05PC), South Korea.
SynCore Bio has enrolled its first patient in South Korea, following on the enrolment success in Taiwan. In September, 2018, the global Phase III clinical trial SB05PC received approval from Ministry of Food and Drug Safety (MFDS) alongside U.S., France, Hungary, South Korea, Russia, Israel and Taiwan. SB05 targets pancreatic cancer for second-line treatment in combination with gemcitabine after FOLFIRINOX first-line treatment failure.
Pancreatic cancer treatment is still an unmet medical need, with an expediential market of US$13 billion by 2021, according to Market Research. Phase II clinical trial data suggests that the overall survival rate of SB05PC in combination with Gemcitabine is 13.7 months. In addition, the side effects are very low which is important for patients’ quality of life.
In 2018, the death rate for pancreatic cancer in South Korea is 6,611 people, which is 7.9% of all cancer deaths and the fourth highest cancer death. SB05PC has received approval from the EMA, the Orphan Drug Designation and Breakthrough Therapy Designation from the FDA.
No. | Country | Status |
1 | USA | Phase III clinical trial ongoing |
2 | Taiwan | |
3 | France | |
4 | Hungary | |
5 | South Korea | |
6 | Russia | |
7 | Israel |
DISCLAIMER
This press release may contain 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, including scientific, business, economic and financial factors, which could cause actual results to differ materially from those anticipated in the forward-looking statements. The company assumes no responsibility to update forward-looking statements or adapt them to future events or developments. This document does not constitute an offer or invitation to subscribe or purchase any securities of SynCore Biotechnology Co., Ltd