ZLB Behring Buys Drug From MedImmune, Inc. For $120 Million

KING OF PRUSSIA, Pa., Nov. 8 /PRNewswire/ -- ZLB Behring, a global leader in the plasma protein biotherapeutics industry and subsidiary of CSL Ltd. (ASX: CSL - News), today announced it has reached an agreement with MedImmune, Inc. to acquire CytoGam® (cytomegalovirus immunoglobulin intravenous (human)) and related assets. CytoGam is an intravenous immunoglobulin enriched in antibodies against cytomegalovirus (CMV), which is indicated for preventing CMV disease associated with transplantation of the kidney, lung, liver, pancreas and heart. CMV is the most common cause of life-threatening infection occurring in solid organ transplants.

ZLB Behring will acquire CytoGam for U.S. $120 million in cash, $70 million of which is subject to achievement of sales milestones. ZLB Behring manufactures immunoglobulins and other plasma-derived therapies, and markets them in more than 100 countries. Immunoglobulins are indicated for the treatment of serious conditions including primary immune deficiency disorders and to prevent problems related to Rh factor in newborns.

“CytoGam fits well in ZLB Behring’s immunoglobulin portfolio,” said Peter Turner, president of ZLB Behring. “We are proud of our heritage of providing a reliable, quality supply of critical therapies to small patient populations. We look forward to continuing that heritage with transplant patients.”

“We are pleased that CytoGam’s role in meeting important medical needs associated with organ transplantation will continue to be met as part of ZLB Behring’s portfolio of plasma-derived therapies,” said David M. Mott, president and chief executive officer of MedImmune.

The acquisition includes CytoGam and related assets, including patents and trademarks, manufacturing contracts and government authorizations associated with the product. No employees will transfer to ZLB Behring from MedImmune.

About CytoGam

CytoGam is indicated for the prophylaxis of cytomegalovirus disease associated with transplantation of kidney, lung, liver, pancreas and heart. In transplants of these organs other than kidney from CMV seropositive donors into seronegative recipients, prophylactic CMV-IVIg should be considered in combination with ganciclovir.

CytoGam is made from human plasma and, like other plasma products, carries the possibility for transmission of blood-borne viral agents. CytoGam should not be used in individuals with a history of a prior severe reaction to CytoGam or other human immunoglobulins. Immunoglobulin Intravenous (Human) products have been reported to be associated with renal dysfunction, acute renal failure, osmotic nephrosis, and death. CytoGam contains sucrose as a stabilizer. In patients predisposed to acute renal failure, IVIg products should be administered at the minimum concentrations available and the minimum rate of infusion practical.

Severe reactions such as angioneurotic edema and anaphylactic shock, although not observed during clinical trials, are a possibility. Minor reactions such as flushing, chills, muscle cramps, back pain, fever, nausea, vomiting, arthralgia, and wheezing were the most frequent adverse reactions observed during clinical trials. For more information, please download a package insert at http://www.zlbbehring.com/docs/666/202/cytogam_pi.pdf

About ZLB Behring

ZLB Behring is a global leader in the plasma protein biotherapeutics industry. Dedicated to improving the quality of life for patients throughout the world, ZLB Behring provides safe and effective plasma-derived and recombinant products and offers patients a wide range of related services. The company’s broad portfolio of life-saving therapeutics is used in the treatment of individuals with hemophilia, von Willebrand Disease and other bleeding disorders, immune deficiency disorders, and inherited emphysema; for the prevention of hemolytic diseases for the newborn; in cardiac surgery patients; and in shock and burn victims. Additionally, ZLB Behring operates one of the world’s largest, fully owned plasma collection networks. ZLB Behring is a subsidiary of CSL Limited, a biopharmaceutical company, which operates worldwide from its headquarters in Melbourne, Australia. For more information, please visit www.ZLBBehring.com.

About MedImmune

MedImmune strives to provide better medicines to patients, new medical options for physicians, rewarding careers to employees, and increased value to shareholders. Dedicated to advancing science and medicine to help people live better lives, the company is focused on the areas of infectious diseases, cancer and inflammatory diseases. With more than 2,500 employees worldwide, MedImmune is headquartered in Maryland. For more information, visit the company’s website at http://www.medimmune.com.

Source: ZLB Behring

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