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Further progress in international approval processes of Biofrontera's Ameluz®


November 26, 2014 - London

Biofrontera AG /Further progress in international approval processes of Biofrontera's Ameluz®. Processed and transmitted by NASDAQ OMX Corporate Solutions.The issuer is solely responsible for the content of this announcement.

  • Successful filing of waivers in the US
  • Ameluz® applied for registration in Switzerland

Leverkusen, Germany, 26. November, 2014 - Biofrontera (FSE / AIM: B8F), the specialist for sun-induced skin cancer, has taken important steps towards further international approvals of Ameluz®. As part of the approval process for Ameluz® in the US, Biofrontera had discussed with the FDA to submit the "Pediatric Waiver" and the "User Fee Waiver" before submitting the complete registration dossier. These filings have now occurred. An approved Pediatric Waiver avoids the obligation for conducting studies with children. The User Fee Waiver is given to small enterprises and allows them to apply for their first drug approval without the need to pay further FDA fees, which would otherwise amount to the payment of fees by Biofrontera of in excess of US$2 million. Previously Biofrontera had obtained a similar status by the European Medicines Agency.

In Switzerland, the Company's licensing partner, Louis Widmer SA has, in collaboration with Biofrontera, submitted the registration dossier of Ameluz® to the local health authorities, the Swissmedic. After a technical validation of the application the authority has now accepted Ameluz® for registration, by which the next step of the approval process was initiated. Within the scope of the authorization procedure, Swissmedic assesses the quality, safety and efficacy of the drug on the basis of the comprehensive scientific documentation submitted, and approves the information provided to healthcare professionals and patients.

Prof. Dr. Hermann Lübbert, CEO of the Biofrontera: "In a close cooperation between Louis Widmer and Biofrontera the European drug approval dossier has been adapted to the Swiss regulations. In Switzerland Biofrontera's drug for photodynamic treatment of actinic keratosis will, as in all other European countries, be marketed under the brand name Ameluz®. The market authorization in Switzerland will represent another important milestone in the international expansion of the business with Ameluz®. The application of the two waivers is another important step within the scope of the US registration process."

Enquiries:

Biofrontera AG

Thomas Schaffer, CFO
+49 (0) 214 87 63 20

press@biofrontera.com

www.biofrontera.com
IR Germany: Brainwell Asset Solutions

Jürgen Benker
+49 (0) 152 08931514
Nomad and Broker: Shore Capital

Bidhi Bhoma / Toby Gibbs
+44(0) 20 7408 4090
IR UK: Seton Services

Toni Vallen
+44(0) 20 7603 6797
Financial PR: Gable Communications

John Bick
+44(0) 20 7193 7463

+44 (0)7872 061007

Background:

The Biofrontera Group (FSE/AIM: B8F, ISIN DE0006046113) is a biopharmaceutical company specialising in the development, sale and distribution of drugs and medical cosmetics for the care and treatment of skin diseases. Biofrontera's most important product is Ameluz®, a prescription drug which is approved in Europe for the treatment of mild and moderate actinic keratosis (superficial skin cancer) with photodynamic therapy (light therapy). Biofrontera is the first German pharmaceutical start-up company to obtain centralised approval for a drug it has developed itself. The company also plans for Ameluz® to be approved for basal cell carcinoma and is currently preparing for approval in other countries, especially in the largest pharmaceutical market in the world, the United States.

The company also markets the Belixos® dermatological range of cosmetics. Belixos® contains a combination of active substances extracted from plants, relieves itching and redness and is used for the regenerative treatment of chronic skin conditions such as atopic dermatitis or psoriasis. At the moment, Belixos® is available as a cream and scalp tonic. The Biofrontera Group was established in 1997 by Prof. Dr Hermann Lübbert, the Chairman of the company's Management Board, and has its headquarters in Leverkusen, Germany. www.biofrontera.com

This communication expressly or implicitly contains certain forward-looking statements concerning the business activities of Biofrontera AG. These forward-looking statements reflect the opinion of Biofrontera at the time of this communication and involve certain known and unknown risks. The actual results achieved by Biofrontera may differ significantly from future results or performances which are published in its forward-looking statements. Biofrontera assumes no responsibility to update its forward-looking statements.




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Biofrontera AG via Globenewswire

HUG#1874346

GlobeNewswire

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