Debiopharm 
                Licenses Cyclophilin Inhibitor Alisporivir (Debio 025) for Hepatitis 
                C
              
              
                
                 
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                        | SUMMARY: 
                          Switzerland's Debiopharm Group announced this week that 
                          it has made an exclusive licensing agreement with Novartis 
                          to develop and market alisporivir (Debio 
                          025), an agent chemically similar to cyclosporine 
                          but without its immunosuppressive effects. As 
                          previously reported, a small study showed that alisporivir 
                          produced a decrease in cyclophilin B, a binding protein 
                          that plays a role in hepatitis C virus (HCV) replication, 
                          leading to a decrease in HCV viral load. The drug has 
                          also demonstrated minor activity against HIV in laboratory 
                          studies and in HIV/HCV coinfected patients. |  |  |  | 
                 
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              Below 
                is an edited excerpt of a press release from Debiopharm describing 
                the agreement.
              
              Debiopharm 
                Group Grants an Exclusive License for the Development, Manufacture 
                and Commercialization of Debio 025
              A 
                Potent, First-in-class Antiviral Agent for the Treatment of Hepatitis 
                C
               Lausanne, 
                Switzerland -- February 9 -- Debiopharm Group (Debiopharm), a 
                Swiss-based global biopharmaceutical group of companies with a 
                focus on the development of prescription drugs that target unmet 
                medical needs, today announced the signature of an exclusive license 
                agreement with Novartis for the development, manufacture and commercialization 
                of Debio 025 (alisporivir), a selective, first-in-class cyclophilin 
                (Cyp) inhibitor with a potent anti-hepatitis C virus (HCV) effect. 
                The product is currently in phase 2b clinical development for 
                the treatment of hepatitis C. Debiopharm granted Novartis worldwide 
                commercialization rights to Debio 025 except for Japan.
Lausanne, 
                Switzerland -- February 9 -- Debiopharm Group (Debiopharm), a 
                Swiss-based global biopharmaceutical group of companies with a 
                focus on the development of prescription drugs that target unmet 
                medical needs, today announced the signature of an exclusive license 
                agreement with Novartis for the development, manufacture and commercialization 
                of Debio 025 (alisporivir), a selective, first-in-class cyclophilin 
                (Cyp) inhibitor with a potent anti-hepatitis C virus (HCV) effect. 
                The product is currently in phase 2b clinical development for 
                the treatment of hepatitis C. Debiopharm granted Novartis worldwide 
                commercialization rights to Debio 025 except for Japan.
              Under 
                the terms of the agreement, Novartis will pay Debiopharm an upfront, 
                development and sales milestones as well as royalties. This transaction 
                is subject to customary regulatory approvals.
              According 
                to the World Health Organization 170 million people suffer from 
                HCV in the world. "Sadly only 20% of those patients are treated 
                adequately," said Rolland-Yves Mauvernay, President and Founder 
                of Debiopharm Group. "At Debiopharm, we have a strong commitment 
                to providing HCV sufferers with an efficacious cure and are confident 
                about the potential of an innovative, first-in-class compound 
                such as Debio 025, which may represent a breakthrough in the treatment 
                of Hepatitis C. We are very happy to be working alongside Novartis, 
                a partner with a strong dedication to HCV."
              About 
                Debio 025
              Debio 
                025 is an oligopeptide that has some chemical features in common 
                with cyclosporine A, but is devoid of its immunosuppressive pharmacological 
                effects. It has a very potent inhibitory effect on HCV replication 
                both in vitro and in vivo. Debio 025 has excellent antiviral activity 
                against a broad range of genotypes (1, 2, 3 and 4); a high barrier 
                to the development of resistance; and the possibility for once 
                daily dosing. It is expected to have a superior safety and efficacy 
                profile to standard of care, and to be efficacious in patients 
                not responding to the standard treatment.
              Its 
                potent inhibitory activity on the HCV replication was shown in 
                the following clinical studies. Results of a phase Ib study demonstrate 
                that Debio 025 monotherapy for 15 days induced a strong anti-HCV 
                effect (3.6 log10 reduction) in HIV-1/HCV co-infected patients 
                (Hepatology, 47:817-26). Results of a phase IIa study with 
                Debio 025 indicate that Debio 025 shows an important additive 
                anti-HCV effect (4.6 log10 reduction) when co-administered with 
                peg-IFN-alpha-2a for four weeks to treatment-naive HCV patients 
                (Hepatology, 
                2009 May;49(5):1460-8).
              About 
                Debiopharm Group
              Debiopharm 
                Group is a Swiss-based global biopharmaceutical group of companies 
                with a focus on the development of prescription drugs that target 
                unmet medical needs. The group in-licenses and co-develops promising 
                biological and small molecule drug candidates having reached clinical 
                development phases I, II or III. It develops its products for 
                global registration and maximum commercial potential. The products 
                are out-licensed to pharmaceutical partners for sales and marketing.
              Debiopharm 
                independently funds the worldwide development of all of its products 
                while providing expertise in pre-clinical and clinical trials, 
                manufacturing, drug delivery and formulation, and regulatory affairs.
              Founded 
                in 1979 and headquartered in Lausanne, Switzerland, Debiopharm 
                has developed four products with global combined sales of $2.6 
                billion in 2008.
              For 
                more information on Debiopharm Group, please visit: www.debiopharm.com.
              2/12/10
              Source
                Debiopharm 
                Group. Debiopharm Group Grants an Exclusive Licence for the Development, 
                Manufacture and Commercialisation of Debio 025. Press release. 
                February 9, 2010.