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Vical Incorporated Message Board

  • johnodod johnodod Oct 22, 2013 2:40 PM Flag

    AnGes News Release

    AnGes has a news release on the Japanese language site announcing near-term rollout of the Collategene Phase 3. They indicate the market size of this opportunity if successful is $50 billion. It would be nice to here something about this from Vijay on the quarterly report conference call. Poor AnGes had to put out two releases on Vical's failure, including one saying they aren't going out of business because A-7 didn't make it.

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    • Actually from the Vical web site:
      AnGes has applied Vical's technologies to the local delivery of a gene that encodes an angiogenic growth factor that promotes the growth of blood vessels. AnGes announced that it had reached agreement with the FDA regarding a Special Protocol Assessment for a Phase 3 clinical trial of its Collategene™ angiogenesis product and that the FDA has granted “Fast Track” designation to Collategene™ as a treatment for critical limb ischemia. AnGes is currently preparing for a global Phase 3 clinical trial of Collategene™ in patients with advanced PAD. AnGes believes having Japanese sites participate in the global Phase 3 trial represents the best potential pathway to approval in Japan, and has withdrawn its New Drug Application (NDA) previously submitted to the Japanese Ministry of Health, Labor and Welfare.

      I am dubious of the $50B number. I suspect potential sales much much lower.

      Sentiment: Hold

    • kronykapitalist Oct 22, 2013 9:44 PM Flag

      VJ is at the beach

      Sentiment: Hold

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