Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): | November 3, 2010 |
ADVENTRX Pharmaceuticals, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
Delaware | 001-32157 | 84-1318182 |
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
6725 Mesa Ridge Road, Suite 100, San Diego, California | 92121 | |
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
Registrants telephone number, including area code: | 858-552-0866 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On November 3, 2010, ADVENTRX Pharmaceuticals, Inc. issued a press release announcing that it has submitted a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for its product candidate ANX-530 (vinorelbine injectable emulsion), or Exelbine(TM). The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
The list of exhibits called for by this Item is incorporated by reference to the Exhibit Index filed with this report.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ADVENTRX Pharmaceuticals, Inc. | ||||
November 3, 2010 | By: |
/s/ Patrick L. Keran
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Name: Patrick L. Keran | ||||
Title: President and Chief Operating Officer |
Exhibit Index
Exhibit No. | Description | |
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99.1
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Press release, dated November 3, 2010 |
ADVENTRX SUBMITS EXELBINE NEW DRUG APPLICATION
SAN DIEGO (November 3, 2010) ADVENTRX Pharmaceuticals, Inc. (NYSE Amex: ANX) announced today that it has submitted a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for its product candidate ANX-530 (vinorelbine injectable emulsion), or Exelbine.
Our Exelbine submission includes twelve months of site-specific stability data from our intended commercial manufacturer, which fulfills a request communicated to us by the FDA earlier this year. We believe this submission will be accepted for review in early 2011 and we look forward to working with the Agency toward our first product approval, said Brian M. Culley, Chief Executive Officer of ADVENTRX.
ADVENTRX retains exclusive worldwide rights to Exelbine, other than in China, Hong Kong, Macau and Taiwan. In March 2010, the FDA conditionally accepted Exelbine as the proposed proprietary name for ANX-530. In October 2010, patent claims related to Exelbine were allowed by the United States Patent and Trademark Office. These patent claims, when issued, will extend into 2024.
ADVENTRX is seeking approval of Exelbine for the same indications as Navelbine®, a branded formulation of vinorelbine, including non-small cell lung cancer. ADVENTRX submitted the NDA as a 505(b)(2) application that relies in part on the FDAs findings of safety and effectiveness of a reference drug. The Companys 505(b)(2) NDA submission includes data from one clinical bioequivalence study designed to assess the pharmacokinetic equivalence of Exelbine and Navelbine, the reference drug. In this clinical bioequivalence study, Exelbine and the reference drug were determined by ADVENTRX to be bioequivalent.
About ADVENTRX Pharmaceuticals
ADVENTRX Pharmaceuticals is a specialty pharmaceutical company whose product candidates are being
developed to improve the performance of existing anti-cancer drugs by addressing limitations
associated principally with their safety and use. More information can be found on the Companys
web site at www.adventrx.com.
Forward Looking Statements
ADVENTRX cautions you that statements included in this press release that are not a description of
historical facts are forward-looking statements that are based on ADVENTRXs current expectations
and assumptions. Such forward-looking statements include, but are not limited to, statements
regarding FDA acceptance of the Exelbine NDA for review, approval of Exelbine based on that
505(b)(2) NDA submission and patent protection for Exelbine. Actual events or results may differ
materially from those expressed or implied by the forward-looking statements in this press release
due to a number of risks and uncertainties, including, without limitation: the risk that the FDA
does not accept the Exelbine NDA for review, including as a result of identifying clinical or
nonclinical reasons for a refusal-to-file or identifying CMC reasons that were not identified in
the refusal-to-file of the previously submitted Exelbine NDA; the potential that the bioequivalence
data and other information included in the Exelbine NDA may not adequately support bioequivalence
with Navelbine, including as a result of performing pharmacokinetic equivalence analyses based on a
patient population other than the population on which ADVENTRX based its analysis; the potential
that changes made in transferring the manufacturing process for Exelbine may result in a lack of
comparability between the commercial product and the material used in the bioequivalence trial; the
risk that results of future stability testing on samples of Exelbine do not support comparability
between ADVENTRXs prior and intended commercial manufacturing sites or a commercially-viable
expiration dating period; the potential for the FDA to impose other requirements to be completed
before or after approval of the Exelbine NDA, including that the FDA may require ADVENTRX to
perform additional nonclinical, bioequivalence or clinical studies; ADVENTRXs reliance on third
parties to assist with its bioequivalence trials, regulatory submissions, manufacturing and other
important aspects of the Exelbine development program, and the risk that FDA approval may be
delayed if their performance is found to have been substandard; the possibility that a patent
issued based on ADVENTRXs U.S. patent application entitled Compositions for Delivering Highly
Water Soluble Drugs will not provide sufficient protection and market exclusivity for Exelbine;
the risk that any patent issued to ADVENTRX may be challenged, invalidated, infringed or
circumvented by third parties, including by ADVENTRXs competitors; the risk that ADVENTRX does not
receive FDA approval of Exelbine on a timely basis, or at all; ADVENTRXs dependence on the success
of Exelbine as its first product candidate to be submitted for regulatory approval; the potential
that ADVENTRX may require substantial additional funding in order to obtain FDA approval for and
commercialize Exelbine, and the risk that ADVENTRX may not be able to raise sufficient capital when
needed, or at all; the potential for ADVENTRX to enter into a commercial partnership or other
strategic transaction relating to Exelbine and that such partnership or transaction may not succeed
in commercializing Exelbine; and other risks and uncertainties more fully described in ADVENTRXs
press releases and periodic filings with the Securities and Exchange Commission. ADVENTRXs public
filings with the Securities and Exchange Commission are available at www.sec.gov.
You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date when made. ADVENTRX does not intend to revise or update any forward-looking statement set forth in this press release to reflect events or circumstances arising after the date hereof, except as may be required by law.
Company Contact:
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Investor Contact: | |
ADVENTRX Pharmaceuticals Ioana C. Hone (ir@adventrx.com) 858-552-0866 Ext. 303 |
Lippert/Heilshorn & Associates, Inc. Don Markley (dmarkley@lhai.com) 310-691-7100 |
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