Race Signs NPP Partnership with CarthaGenetics in Europe
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ASX AND MEDIA RELEASE
Race Oncology moves closer to Bisantrene launch:
Signs NPP partnership with CarthaGenetics in Europe
5 September 2016, Perth, Australia: Race Oncology Limited (ASX: RAC) announced today that it had
signed an agreement with the Swiss company, CarthaGenetics, to expedite the launch of the
Company’s Named Patient Program in Europe, and to distribute and sell Bisantrene under the
program.
Under the agreement, CarthaGenetics will be responsible for market development and awareness of
Bisantrene prior to launch and all necessary regulatory approvals to allow Bisantrene to be sold in
each target NPP country. CarthaGenetics will also be responsible for all storage, distribution,
invoicing, sales and customer service of Bisantrene in each country under the Named Patient Program.
Under the agreement, Race Oncology will pay CarthaGenetics for certain fixed monthly costs and a
commission on sales.
“CarthaGenetics are experts in Named Patient Program sales in Europe,” said Managing Director,
Peter Molloy. “Their expertise will help ensure Bisantrene gets to market rapidly and achieves its full
sales potential.” The agreement will also provide Race with all the infrastructure and logistical support
needed to sell Bisantrene in various European countries.
CarthaGenetics CEO, Philippe Carteron de Balmont, said: “At CarthaGenetics, we are proud to help
Race Oncology launch Bisantrene and achieve success in the European market. Named Patient access
regulations in individual European countries allow patients access to innovative therapies under
development. Given Bisantrene’s safety profile and clinical data, it is well-suited to a named patient
sales program in those countries”.
In all markets outside Europe, Race Oncology is now actively pursuing licensees for Bisantrene. To
that end, Peter Molloy will be attending the Biopharm America conference in Boston on 13-15
September (www.biopharminsight.com/events/biopharm-america-2016) to engage with a host of
potential licensing partners from around the world.
About CarthaGenetics
Based in Switzerland, CarthaGenetics® is a specialist in arranging and managing early access and
named patient sales programs in Europe. CarthaGenetics helps international companies involved in
Orphan Drug development to introduce products successfully into the complex European market, by
coordinating all local regulatory approvals, distribution, invoicing and sales for its clients.
CarthaGenetics has a direct presence in Switzerland, France, Germany, Spain, Italy, Poland, Turkey,
Algeria and Tunisia, with local experts who are familiar with the each market’s regulatory
Race Oncology Limited, ABN 61 149 318 749
Level 2, 50 Kings Park Road, West Perth WA 6005
www.raceoncology.com
requirements and market success factors. CarthaGenetics has an impressive list of biotech and
pharmaceutical clients, including Pfizer, Shire and Genzyme. Visit www.carthagenetics.com/namedpatient-sales/ for more information.
About Race Oncology
Race Oncology Limited is a specialty pharmaceutical company, whose business model is to pursue
later stage assets, principally in the cancer field. The Company’s first important asset is a
chemotherapy drug, called Bisantrene, which was the subject of more than 40 phase II clinical studies
during the 1980s and 1990s. Race Oncology owns recent patent filings on Bisantrene and has secured
Orphan Drug Designation in the US. The Company’s goal is to complete final development of
Bisantrene and bring this valuable cancer drug to market. Visit raceoncology.com for more
information.
For more information, contact:
Peter Molloy
Managing Director
T: +61 (0) 3 9097 1656
M: +61 (0) 418 174 816
Race Oncology Limited, ABN 61 149 318 749
Level 2, 50 Kings Park Road, West Perth WA 6005
www.raceoncology.com
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