Nicox S.A. (NYSE Euronext Paris: COX), and
Sequenom, Inc. (NASDAQ:SQNM), today announced that
their affiliate companies (Nicox Inc. and Sequenom Laboratories)
have entered into an exclusive agreement in the age-related macular
degeneration (AMD) field. As part of this agreement, Nicox has been
granted the North American promotional rights to the Sequenom
Laboratories RetnaGene(TM) AMD laboratory-developed test, for the
evaluation of a patient's risk of AMD disease progression within 2,
5 and 10 years. The RetnaGene AMD test will be promoted by the same
Nicox U.S. sales force which recently launched Sjö(TM), an advanced
diagnostic panel for the early detection of Sjögren's Syndrome.
Nicox expects to begin promoting the RetnaGene AMD test in the
United States in the first half of 2014.
Jerry St. Peter,
Executive Vice President and General Manager of Nicox
Inc., said, "AMD affects approximately 15 million people
in the United States and is a leading cause of vision loss in
Americans aged 60 and over1. The ability to identify those patients
most at risk of progressing to wet AMD represents a major
opportunity to optimize the management of their disease. We are
delighted to have formed this agreement with Sequenom Laboratories
to market the RetnaGene AMD test, which fits perfectly within our
diagnostics portfolio, and potentially other novel genetic tests in
the future. With Sjö(TM), AdenoPlus® and now the RetnaGene AMD
test, Nicox is further strengthening its position with ophthalmic
diagnostics by continually bringing innovative tests to eye care
professionals in North America."
"We are pleased to collaborate with Nicox to
expand access to the RetnaGene AMD test to clinicians and their
patients, and we are confident in Nicox's ability to leverage its
growing sales team and expertise in the ophthalmic arena to
successfully market the test," said William Welch,
President and COO of Sequenom, Inc.
Terms of the agreement
Under the terms of the agreement, Sequenom
Laboratories will grant Nicox exclusive rights to promote the
RetnaGene AMD laboratory-developed test to eye care practitioners
in North America (United States, Canada, Puerto Rico and Mexico)
and co-exclusive rights towards specialized retina physicians.
Sequenom Laboratories will provide the sample collection materials
and will perform the testing in its CLIA-certified laboratory at an
agreed price to Nicox. Further, Sequenom Laboratories will
contribute existing commercial and clinical expertise, and
marketing intelligence to expedite increased market demand and
uptake within the general ophthalmology and optometry segments.
Nicox will be responsible for all marketing and promotional
activities, and will directly promote the RetnaGene AMD testing
service to eye care practitioners.
The agreement also grants Nicox exclusive rights
to an additional AMD laboratory-developed test currently in
late-stage development and as well an exclusive option on further
laboratory-developed tests developed by Sequenom Laboratories that
are applicable in the ophthalmic space.
About the RetnaGene AMD test
The RetnaGene AMD test is a laboratory-developed
test developed and validated exclusively by Sequenom Laboratories
to evaluate the risk of early or intermediate Age-related Macular
Degeneration (AMD) progressing to choroidal neovascularization
(CNV), also known as wet AMD, within 2, 5 and 10 years. Wet AMD is
characterized by abnormal growth and leakage of blood vessels in
the macula, the center of the retina, leading to a loss of central
vision.
The RetnaGene AMD test is an accurate, safe and
noninvasive test that uses a DNA sample collected from a buccal
(cheek) swab. The patient's risk of progressing to advanced
choroidal neovascular disease within 2, 5 and 10 years is assessed
based on four risk factors: genotype, phenotype (severity of the
existing symptoms), age and environment (smoking status). Up to 70%
of disease risk is inherited and predominantly caused by variations
in a handful of genes discovered over the last 5 to 10 years. Most
of the affected genes have been identified in regulatory proteins
contained within the alternative complement system involved in
innate immunity. Sequenom Laboratories' RetnaGene AMD test
includes all of the major single nucleotide polymorphisms (SNPs)
that have been proven to have the most significant effect on the
risk of developing advanced AMD disease. The RetnaGene AMD test is
the only test to date with 100% of SNPs validated using the Age
Related Eye Disease Study (AREDS) patient samples, one of the
largest clinical trials on AMD, which was sponsored by the National
Eye Institute2. The results of the test will provide a clinician
with an individual's risk score for progression to CNV, in order to
optimize patient management with the goal of preserving vision.
About Age-related Macular Degeneration
(AMD)
AMD is a progressive eye disorder which starts
with small yellow deposits on the retina and can evolve in two
different advanced forms called dry AMD and wet AMD. In the dry AMD
form, geographic atrophy is considered the late stage of the
disease. Wet AMD (also called neovascular AMD) is characterized by
abnormal growth of fragile and leaky blood vessels, known as
choroidal neovascularization in the macula (the small area at the
center of the retina, where vision is keenest) in response to
chronic inflammatory stress. Wet AMD causes profound loss of
central vision and is a leading source of legal blindness in people
over age 50 in the developed world. Late stage AMD represents 10 to
15% of all AMD cases and is estimated to affect at least 1.75
million patients in the US3. ..................................
References
1. Global prevalence of age-related macular degeneration and
disease burden projection for 2020 and 2040: a systematic review
and meta-analysis, Wong WL, Su X, Li X, Cheung CM, Klein R, Cheng
CY, Wong TY, The Lancet Global Health, Early Online Publication 3
January 2014.
2. Inclusion of genotype with fundus phenotype improves accuracy
of predicting choroidal neovascularization and geographic atrophy,
Perlee LT, Bansal AT, Gehrs K, Heier JS, Csaky K, Allikmets R, Oeth
P, Paladino T, Farkas DH, Rawlings PL, Hageman GS. Ophthalmology.
2013 Sep;120(9):1880-92
3. The prevalence of age-related eye diseases and visual
impairment in aging: current estimates. Klein R, Klein BE. Invest
Ophthalmol Vis Sci. 2013 Dec 13;54(14):ORSF5-ORSF13.
..................................
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. The company was founded in 1994 and is
headquartered in San Diego, California. Sequenom maintains a
Web site at http://www.sequenom.com to which Sequenom regularly
posts copies of its press releases as well as additional
information about Sequenom. Interested persons can subscribe on the
Sequenom Web site to email alerts or RSS feeds that are sent
automatically when Sequenom issues press releases, files its
reports with the Securities and Exchange Commission or posts
certain other information to the Web site.
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(TM), MaterniT21(TM) PLUS, HerediT(TM), NextView(TM)
and RetnaGene(TM), these molecular genetic laboratory-developed
tests 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(TM), HerediT(TM),
NextView(TM), 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 Nicox 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 2012 »
filed with the French Autorité des Marchés Financiers (AMF) on
March 22, 2013 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 (including Sequenom, Inc. and Sequenom
Laboratories) expectations regarding performance under, or the
benefits or impact of the agreement with Nicox on Sequenom,
physicians, patients, and healthcare, 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 reliance upon the
collaborative efforts of Nicox, Sequenom and Sequenom Laboratories
ability to develop and commercialize new technologies and products,
particularly new technologies such as opthalmic, prenatal and other
diagnostics and 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, government regulation
particularly with respect to diagnostic products and
laboratory-developed tests, obtaining or maintaining regulatory
approvals, ongoing litigation including patent litigation, and
other risks detailed from time to time in Sequenom, Inc.'s most
recent Quarterly and Annual Reports on Securities and Exchange
Commission Forms 10-Q and 10-K, respectively, 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 |
|
Tel +33
(0)4 97 24 53 00 | communications@nicox.com |
|
|
Media Relations |
|
|
|
United States |
Pascale Communications | Amy Phillips |
|
M
+1 412 327 9499 | Amy@pascalecommunications.com |
|
|
United Kingdom |
Jonathan Birt |
|
M +44 7860
361 746 | jonathan.birt@ymail.com |
|
|
France |
Caroline Courme | Communication Manager |
|
Tel +33
(0)4 97 24 53 43 | courme@nicox.com |
|
|
Sequenom Contacts |
|
Paul Maier |
Rachel Kennedy |
CFO |
Media Contact |
Sequenom,
Inc. |
Chandler Chicco Agency |
858-202-9028 |
858-449-9575 |
investorrelations@sequenom.com |
rkennedy@chandlerchiccocompanies.com |
Nicox S.A. Drakkar 2 | Bât D | 2405 route des Dolines | CS 10313
| Sophia Antipolis | 06560 Valbonne | France T: +33 (0)4 97 24 53
00 | F: +33 (0)4 97 24 53 99
www.nicox.com
Sequenom and Nicox: Exclusive Agreement
http://hugin.info/143509/R/1754451/592464.pdf
HUG#1754451
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