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Basel , Switzerland and Los Angeles, CA, USA, February
11, 2004
Diagnostic Products Corporation Acquires Nonexclusive Rights
to a Key Cardiac Marker, NT-proBNP, from Roche Diagnostics
Agreement widens access to unique marker for heart failure
and allows for better/earlier/improved therapy
Roche Diagnostics and Diagnostic Products Corporation (NYSE - DP)
announced today that Diagnostics Product Corporation (DPC) has been
granted a nonexclusive license under patent rights of Roche Diagnostics
relating to the development, manufacture and marketing of immunoassays
that detect a key marker of congestive heart failure (CHF), NT-proBNP
(N-terminal prohormone brain natriuretic peptide).
"We feel that NT-proBNP is a unique diagnostic and management
tool, and licensing it broadly will help us to maximize the benefit
of this product to the patients, the medical community and our shareholders.
Diagnostic Products Corporation is an important partner because
of its strong position in the heterogeneous immunoassay market"
said Heino von Prondzynski, Head of Roche Diagnostics and a member
of Roche's Corporate Executive Committee.
"We are pleased to be able to move forward with development
of an NT-proBNP assay-a high priority for DPC in 2004" said
Ira Ziering, Vice President, Business and Legal, Diagnostic Products
Corporation. "This assay will be an important addition to DPC's
cardiac menu because it is not only a diagnostic marker of congestive
heart failure but also a prognostic marker for this condition and
for acute coronary syndromes."
B-type natriuretic peptide (BNP) is secreted by the left ventricle
when the heart is unable to pump blood efficiently. BNP dilates
blood vessels and promotes sodium and water loss, reducing fluid
load on the heart and improving cardiac performance. Synthetic BNP,
marketed as Natrecor® (nesiritide), is a treatment for heart
failure. Thus, measuring BNP does not necessarily allow the physician
to differentiate between elevated BNP levels due to drug treatment
and elevated BNP due to ventricular dysfunction.
By contrast, NT-proBNP, which is released when BNP is cleaved from
its precursor proBNP, has no interference with such a treatment.
Elevated plasma NT-proBNP indicates the presence of heart failure
and provides information about its severity: the higher the blood
level of NT-proBNP, the more serious the condition. NT-proBNP levels
have been demonstrated to be a diagnostic aid in ruling out left
ventricular dysfunction, allowing physicians to differentiate between
heart failure and lung disorders with similar symptoms. The test
is further indicated for the risk stratification of patients with
acute coronary syndrome and congestive heart failure.
According to the American Heart Association, 4.8 million Americans
are afflicted with CHF, with 550,000 cases diagnosed each year.
There are a number of ca uses of the disease: the most important
are coronary artery disease, high blood pressure, diabetes, inflammation
and intoxications. Significantly, heart failure is the leading cause
of Medicare hospitalization in the US, accounting for 18 billion
dollars per year in direct costs.
Prevalence of heart failure is expected to continue to rise, due
to the aging population and increase in acute coronary syndrome
survival. Heart failure is often difficult to diagnose, since its
symptoms are nonspecific and are sometimes confused with those of
other conditions such as chronic obstructive pulmonary disease.
Echocardiography, the currently used standard for diagnosis of left
ventricular dysfunction, is expensive and not always easily accessible.
About Diagnostic Products Corporation
Founded in 1971, Diagnostic Products Corporation (DPC) is the global
leader dedicated exclusively to immunodiagnostic testing. The Company's
product menu includes over 400 tests to measure microorganisms,
hormones, drugs and other medically important substances present
at infinitesimal concentrations in body fluids and tissues. DPC
also designs and manufactures automated laboratory instrumentation
which provides fast, accurate results while reducing labor and reagent
costs. DPC sells its products to hospitals, clinics and laboratories
domestically and in over 100 countries. Additional Company information
can be found on the Company's website at www.dpcweb.com.
About Roche and the Roche Diagnostics Division
Headquartered in Basel, Switzerland, Roche is one of the world's
leading innovation-driven healthcare groups. Its core businesses
are pharmaceuticals and diagnostics. Roche is number one in the
global diagnostics market, the leading supplier of pharmaceuticals
for cancer and a leader in virology and transplantation. As a supplier
of products and services for the prevention, diagnosis and treatment
of disease, the Group contributes on a broad range of fronts to
improving people's health and quality of life. Roche employs roughly
65,000 people in 150 countries. The Group has alliances and research
and development agreements with numerous partners, including majority
ownership interests in Genentech and Chugai. Roche's Diagnostics
Division, the world leader in in-vitro diagnostics with a uniquely
broad product portfolio, supplies a wide array of innovative testing
products and services to researchers, physicians, patients, hospitals
and laboratories world-wide. For further information, please visit
our websites www.roche.com
and www.roche-diagnostics.com.
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