GlobeNewswire

Tetraphase Pharmaceuticals Announces Submission and Validation of IV Eravacycline Marketing Authorization Application by European Medicines Agency

Share

WATERTOWN, Mass., Aug. 17, 2017 (GLOBE NEWSWIRE) -- Tetraphase Pharmaceuticals, Inc. (NASDAQ:TTPH), a clinical-stage biopharmaceutical company developing novel antibiotics to treat life-threatening multidrug- resistant (MDR) infections, today announced that the Marketing Authorization Application (MAA) for IV eravacycline for the treatment of complicated intra-abdominal infections (cIAI) has been submitted and was validated by the European Medicines Agency (EMA). Eravacycline is a novel, fully-synthetic fluorocycline antibiotic being developed for the treatment of serious infections, including those caused by multidrug-resistant (MDR) pathogens. The MAA filing is based on data from the phase 3 IGNITE1 clinical trial in which eravacycline was well tolerated and demonstrated statistical non-inferiority to ertapenem using the primary endpoint of clinical response at the test-of-cure (TOC) visit.

"The MAA filing represents a significant milestone for Tetraphase as it is our first regulatory application for marketing authorization and a major step toward making eravacycline available as a new antibiotic treatment option for patients with serious hospital infections," said Guy Macdonald, President and Chief Executive Officer of Tetraphase. "I am proud of the dedicated team at Tetraphase who made this  happen and who support our commitment to develop novel antibiotics to treat drug-resistant infections. We look forward to working with the EMA during their review of this application and to focusing on the submission of the New Drug Application to the U.S. Food and Drug Administration in the first quarter of 2018."

About Eravacycline

Eravacycline is a novel, fully-synthetic fluorocycline antibiotic being developed for the treatment of serious infections, including those caused by multidrug-resistant (MDR) pathogens that have been highlighted as urgent public health threats by both the World Health Organization and the U.S. Centers for Disease Control (CDC). Eravacycline has demonstrated potent activity against multidrug-resistant (MDR) pathogens, including carbapenem-resistant enterobacteriaceae (CRE), Acinetobacter baumannii, and colistin-resistant bacteria carrying the mcr-1 gene.  Eravacycline is in phase 3 clinical development for the treatment of complicated intra-abdominal infections (cIAI) and complicated urinary tract infections (cUTI).

Eravacycline is currently being investigated in the Company's phase 3 IGNITE (Investigating Gram-negative Infections Treated with Eravacycline) program. To date, eravacycline has been administered to over 1,500 patients and in two completed phase 3 trials in cIAI. In IGNITE1, twice-daily IV eravacycline met the primary endpoint by demonstrating statistical non-inferiority of clinical response compared to ertapenem, was well tolerated, and achieved high cure rates in patients with Gram-negative pathogens, including resistant isolates. The IGNITE1 data is serving as the basis of the MAA for IV eravacycline for the treatment of patients with cIAI now under review by the EMA. In IGNITE4, a second phase 3 clinical trial in patients with cIAI, twice-daily IV eravacycline met the primary endpoint by demonstrating statistical non-inferiority of clinical response compared to meropenem, was well tolerated, and achieved high cure rates. The Company plans to use the results from IGNITE1 and IGNITE4 to support an NDA submission for IV eravacycline in cIAI. Tetraphase is also currently conducting IGNITE3, an additional phase 3 trial evaluating once-daily IV eravacycline in patients with cUTI and, assuming a positive outcome, the Company plans to use the results from IGNITE3 to support a supplemental NDA submission for eravacycline in cUTI. In parallel, Tetraphase is continuing its efforts to develop an oral dose formulation of eravacycline. A phase 1 clinical program is ongoing which is designed to evaluate and optimize the oral dosing regimen for eravacycline.

About Complicated Intra-abdominal Infections (cIAI)
Intra-abdominal infection (IAI) is a common problem in clinical practice and comprises a wide variety of disease processes. IAI is classified as uncomplicated or complicated based on the extent of the infection. Complicated intra-abdominal infection extends beyond the source organ into the peritoneal space (the space between the two membranes that separate the organs in the abdominal cavity from the abdominal wall) as a result of perforation or other damage to the gastrointestinal tract. cIAI diagnoses include intra-abdominal abscess, stomach or intestinal perforation, peritonitis, appendicitis, cholecystitis, or diverticulitis. Different bacterial pathogens are responsible for cIAI, including Gram-negative aerobic bacteria, Gram-positive bacteria, and anaerobic bacteria, and there are also mixed infections. IAI is an important cause of morbidity and mortality and is the second most common cause of infectious mortality in the intensive care unit. Early detection, containment and appropriate antimicrobial treatment are essential to the successful treatment of IAI. This is even more critical with increasing rates of infections caused by drug-resistant bacteria, which limit the effectiveness of currently available antibiotics.

About Tetraphase Pharmaceuticals, Inc.

Tetraphase is a clinical-stage biopharmaceutical company using its proprietary chemistry technology to create novel antibiotics for serious and life-threatening bacterial infections, including those caused by many of the multidrug-resistant (MDR) bacteria highlighted as urgent public health threats by the CDC. Tetraphase has created more than 3,000 novel tetracycline analogs using its proprietary technology platform. Tetraphase's pipeline includes three antibiotic clinical candidates: eravacycline, which is in phase 3 clinical trials, and TP-271 and TP-6076, which are in phase 1 clinical trials. Please visit www.tphase.com for more company information.

Forward-Looking Statements

Any  statements in this press release about our future expectations, plans and prospects, including statements regarding our strategy, future operations, prospects, plans and objectives, and other statements containing the words "anticipates," "believes," "expects," "plans," "will" and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward- looking statements as a result of various important factors, including: whether results obtained in  previous clinical  trials will be indicative of results obtained in future clinical trials; whether eravacycline  or any other clinical candidate will advance through the clinical trial process on a timely basis or at all; whether the results of the Company's development efforts will warrant regulatory submission and whether any such submissions will receive approval from the United States Food and Drug Administration or equivalent foreign regulatory agencies; whether, if any clinical candidate obtains approval, it will be successfully distributed and marketed; and other factors discussed in the "Risk Factors" section of our quarterly report on Form 10-Q, filed with the Securities and Exchange Commission on August 2, 2017. In addition, the forward-looking statements included in this press release represent our views as of August 17, 2017. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some  point in the future, we specifically disclaim any obligation to do so.

Investor Contacts: 
Tetraphase Pharmaceuticals 
Teri Dahlman
617-600-7040
tdahlman@tphase.com

Argot Partners 
Maeve Conneighton 
206.899.4940
maeve@argotpartners.com

Media Contact: 
Sam Brown Inc.
Mike Beyer
312-961-2502
Mikebeyer@sambrown.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Tetraphase Pharmaceuticals via Globenewswire

About GlobeNewswire

GlobeNewswire
GlobeNewswire



Subscribe to releases from GlobeNewswire

Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire

Åsa Vilsson ny CFO på Elanders26.4.2024 11:00:00 CEST | Pressmeddelande

Åsa Vilsson har utsetts till ny CFO på Elanders. Hon kommer närmast från rollen som koncernredovisningsansvarig på Elanders och har sedan februari 2024 varit tillförordnad CFO. Åsa tillträder sin roll som CFO och medlem av Elanders koncernledning idag 26 april 2024. Åsa har en bred redovisningsbakgrund och en ekonomie magisterexamen vid Internationella Handelshögskolan i Jönköping. Jag är väldigt glad över att Åsa valt att tacka ja till rollen som CFO och att vi kan tillsätta en så viktig funktion internt, säger Magnus Nilsson, VD och koncernchef. Åsa Vilsson efterträder Andréas Wikner som lämnar Elanders på grund av familjeskäl. Andréas tillträdde rollen som CFO under 2010 och har sedan dess haft en betydande roll i utvecklingen av Elanders. Andréas har bidragit med sin gedigna kompetens och har varit en enorm tillgång för bolaget. Andréas har varit en mycket uppskattad kollega och jag vill framföra ett stort tack till Andréas för det viktiga arbete han utfört under sina år på Elander

Hexatronic Group AB (publ) Delårsrapport januari – mars 202426.4.2024 07:00:00 CEST | Pressmeddelande

Hexatronic Group AB (publ) Delårsrapport januari – mars 2024 Fortsatt starkt operativt kassaflöde och bidrag från nya fokusområden Första kvartalet (1 januari – 31 mars 2024) Nettoomsättningen minskade med 16 procent till 1 782 MSEK (2 115). Omsättningen minskade organiskt med 27 procent.EBITA minskade med 54 procent till 168 MSEK (365), motsvarande en EBITA-marginal om 9,4 procent (17,2).Rörelseresultatet (EBIT) minskade med 59 procent till 138 MSEK (340), motsvarande en rörelsemarginal om 7,7 procent (16,1).Nettoresultatet minskade med 73 procent till 61 MSEK (224).Resultat per aktie efter utspädning uppgick till 0,31 SEK (1,09).Skuldsättning (nettoskuld/ EBITDA (proforma), R12) uppgick till 2,0 ggr, jämfört med 1,7 per 31 december 2023.Kassaflöde från löpande verksamheten uppgick till 270 MSEK (28). Väsentliga händelser under kvartalet Styrelsen föreslår till årsstämman att ingen utdelning ska utgå för räkenskapsåret 2023.Hexatronic slår samman de två helägda svenska dotterbolagen H

Hexatronic meddelar förändringar i koncernledningen25.4.2024 18:00:00 CEST | Pressmeddelande

Pressmeddelande 25 april, 2024 Göteborg Sverige Hexatronic meddelar förändringar i koncernledningen Hexatronic Group AB (publ) meddelar två förändringar i bolagets koncernledning. Jakob Skov, Head of focus area Harsh Environment, blir från och med april 2024 en del av bolagets koncernledning och i juni 2024 tillträder Pernilla Grennfelt i en ny roll som Head of Investor Relations och kommer då också att ingå i bolagets koncernledning. Jakob Skov rekryterades till Hexatronic 2022 och har sedan dess framgångsrikt lett Hexatronics fokusområde Harsh Environment som under det senaste året vuxit till en signifikant del av koncernens totala försäljning. Jakob Skov har lång erfarenhet från ledande roller på flera globala bolag inom avancerad fiberoptik. Han har en MSc in International Business Administration and Finance från Aarhus School of Economics. ”Harsh Environment har under 2023 vuxit till en signifikant del av gruppens totala försäljning och det är också ett viktigt tillväxtområde för

Corline Biomedical publicerar årsredovisning för 202323.4.2024 17:48:21 CEST | Pressmeddelande

Corline Biomedical AB (”Corline”) publicerar idag sin årsredovisning för bokföringsåret 2023, vilken tillgängliggörs via bolagets hemsida www.corline.se. För mer information om Corline, vänligen kontakta Henrik Nittmar, VD Telefon: +46 (0)18 71 30 90 E-post: henrik.nittmar@corline.se Redeye AB är Corlines Certified Adviser. Corline Biomedical AB, noterat på First North Growth Market (CLBIO), arbetar med den kroppsegna substansen heparin och har utvecklat en portfölj med läkemedelskandidater för användning i anslutning till organ- och celltransplantation. Bolaget är i färd med att inleda fas 2-studier för Renaparin®, en kandidat för vilken Corline har erhållit särläkemedelsdesignering (”Orphan Drug”) i Europa och USA och som är under utveckling för att förbättra utfallet av njurtransplantation. Sedan tidigare ytbelägger bolaget medicintekniska produkter och har bland annat behandlat över 100 000 hjärtstentar som implanterats i patienter. Bolaget har tecknat avtal om samarbete med ett an

Beslut vid årsstämman i HMS Networks23.4.2024 11:50:00 CEST | Pressmeddelande

HMS Networks AB (publ) har den 23 april 2024 hållit årsstämma. I samtliga ärenden beslutade stämman i enlighet med styrelsens och valberedningens förslag. I det följande redogörs för de viktigaste beslutens huvudsakliga innehåll. VINSTDISPOSITION Årsstämman beslutade att bifalla styrelsens förslag om utdelning med 4,40 kr per aktie. Som avstämningsdag för utdelning fastslogs den 25 april 2024. Utdelning beräknas därmed att utsändas genom Euroclear Swedens försorg den 30 april 2024. FASTSTÄLLANDE AV RESULTAT- OCH BALANSRÄKNING OCH ANSVARSFRIHET Årsstämman beslutade att fastställa av styrelsen framlagd resultat- och balansräkning för HMS Networks AB och koncernen. Styrelsen och bolagets verkställande direktör beviljades ansvarsfrihet för räkenskapsåret 2023. VAL AV STYRELSE OCH REVISOR SAMT BESLUT OM ARVODEN Årsstämman beslutade i enlighet med valberedningens förslag, nämligen att sex (6) ordinarie styrelseledamöter väljs utan några styrelsesuppleanter,att ett (1) registrerat revisionsbo

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
HiddenA line styled icon from Orion Icon Library.Eye