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Zeltia says Irvalec efficient for lung cancer


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UPDATE 1-Zeltia says Irvalec efficient for lung cancer

Mon Apr 27, 2009 5:15am EDT Email | Print | Share | Reprints | Single Page [-] Text [+]


Zeltia says Irvalec efficient for lung cancer

Monday, 27 Apr 2009 04:30am EDT


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* Promising results on other drugs also presented

* Shares up 4 percent

(Adds details, share price)

MADRID, April 27 (Reuters) - Spanish biotechnology firm Zeltia (ZEL.MC) said on Monday that preclinical trials for its Irvalec drug have shown efficiency in treating lung cancer.

The results were presented at an American Association for Cancer Research (AACR) conference in Denver from April 18-22, where Zeltia said it also presented promising data on other drugs in its pipeline.

By 0913 GMT, Zeltia's shares were up 4 percent at 3.70 euros, its session high, compared to a 2 percent decline on Spain's leading Ibex-35 index .IBEX.

As part of 14 new studies on Zeltia's marine-derived antitumour compounds presented at the AACR conference, the company's star drug Yondelis showed it was active as an inhibitor for Ewing's Sarcoma, or pediatric tumours.

Yondelis is already sold in most of Europe to treat soft tissue sarcoma and is awaiting approval for the treatment of ovarian cancer in Europe and in the United States with partner Johnson & Johnson (JNJ.N). (Reporting by Tracy Rucinski)

© Thomson Reuters 2009 All rights reserved

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