HONG KONG, March 6, 2012 /PRNewswire-Asia/ -- CK Life Sciences Int'l., (Holdings) Inc. ("CK Life Sciences" or the "Company") today announced that the FDA (U.S. Food and Drug Administration) has granted clearance for its subsidiary Polynoma LLC ("Polynoma")'s Investigational new drug (IND) application, allowing it to proceed with Phase III clinical testing of its melanoma vaccine.
One of A Few Asian Companies Cleared by FDA for Phase III Clinical Trial
This makes CK Life Sciences one of a few Asian companies to obtain clearance from the FDA to commence Phase III clinical testing of a new drug.
"We are very delighted that the FDA has granted clearance for the Phase III clinical testing of our melanoma vaccine. We look forward to the positive results of the clinical trial, and the prospect of offering a new medicine for melanoma patients," said Mr. HL Kam, President and Chief Executive Officer of CK Life Sciences.
Melanoma Treatment in Demand
Malignant melanoma is the most serious form of skin cancer. An estimated 132,000 new cases of melanoma are diagnosed annually around the world, with about 76,000 in the United States alone. The melanoma market is estimated to be in excess of US$1 billion, with the United States and Europe being the major markets.
Melanoma is treated with a combination of surgery, radiation therapy, immunotherapy or chemotherapy, depending on the stage of the disease. Interferon alfa-2b is the only currently approved treatment in the United States and Europe to reduce the likelihood of recurrence after resection in melanoma patients at high risk of recurrence, but its limited efficacy and significant toxicity have restricted its use.
CK Life Sciences' Melanoma Vaccine Stimulates Immunity to Fight Cancer
Using a combination of antigens from three proprietary melanoma cell lines, Polynoma's melanoma vaccine is intended to stimulate the