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Savient Pharmaceuticals Submits European Marketing Authorization Application for KRYSTEXXA®
Date:5/4/2011

EAST BRUNSWICK, N.J., May 4, 2011 /PRNewswire/ -- Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) today announced that it has, through its wholly owned subsidiary, Savient Pharma Ireland Limited, delivered via courier to the European Medicines Agency (EMA) and the assigned co-rapporteurs, the Marketing Authorization Application (MAA) for KRYSTEXXA® (pegloticase) for the treatment of chronic gout in adult patients refractory to conventional therapy. Currently there are no EMA approved treatments for this condition available in the European Union.

Savient's MAA delivery was timed to meet the EMA's designated May 6, 2011 submission date. The MAA submission will be reviewed under the EMA centralized licensing procedure for member states of the European Union, and the application includes clinical and safety data from Savient's pivotal Phase 3 studies and the Open Label Extension program of KRYSTEXXA.

"We remain committed to advancing care for patients who suffer from this devastating disease and the MAA submission for KRYSTEXXA demonstrates an important step forward in addressing a significant unmet medical need that currently exists in Europe," stated John H. Johnson, Chief Executive Officer of Savient. "While KRYSTEXXA is currently available in the United States, this submission reflects our belief that KRYSTEXXA will have a very important role in the future management of refractory chronic gout globally."

KRYSTEXXA became commercially available in the U.S. by prescription on December 1, 2010, and is the only FDA approved product specifically indicated for the treatment of chronic gout in adult patients refractory to conventional therapy. Chronic gout that is refractory to conventional therapy occurs in patients who have failed to normalize serum uric acid and whose signs and symptoms are inadequately controlled with xanthine oxidase inhibitors, at the maximum m
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SOURCE Savient Pharmaceuticals
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