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Tengion Reports Fourth Quarter and Full Year 2011 Financial Results
Date:3/26/2012

nical advances in its two lead programs, as follows:

  • Neo-Urinary Conduit. Tengion enrolled a fourth patient in its ongoing initial clinical trial of its lead product candidate, the Neo-Urinary Conduit, which is being evaluated in bladder cancer patients requiring a urinary diversion following bladder removal (cystectomy). The Company plans to discuss with the Data Safety Monitoring Board a reduction in the timelines between future patient implants. If granted and assuming appropriate safety data, the Company anticipates that it will complete implantation of up to 10 patients by the end of 2012.

  • Neo-Kidney Augment. The Company submitted a pre-IND filing to the U.S. Food and Drug Administration (FDA) for its lead preclinical program, the Neo-Kidney Augment, which is intended to prevent or delay the need for dialysis or kidney transplant in patients with advanced chronic kidney disease (CKD). Following the submission, Tengion's Board of Directors has authorized the Company to aggressively pursue the development of its Neo-Kidney Augment program. Tengion has scheduled a meeting with the FDA to discuss the Company's proposed GLP animal study program to support an IND filing.  The Company expects to provide an update on its expectations for the clinical trial program in its first quarter 2012 financial results announcement in May.

  • Conference Call and WebcastJohn L. Miclot, President and Chief Executive Officer, Brian Davis, Chief Financial Officer and Vice President of Finance, and Dr. Tim Bertram, Chief Scientific Officer and President of Research and Development, will host a conference call today, March 26, 2012, at 5:00 p.m. EDT to provide a business update and discuss the Company's full year 2011 financial results.

    The call can be accessed by dialing 1-800-638-4930 (domestic) or 1-617-614-3944 (international) five minutes prior to the start time and providing the access code 34844557. The conference call c
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    SOURCE Tengion, Inc.
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    Related medicine technology :

    1. Tengion Launches Second Phase 2 Clinical Trial of Regenerated Human Organ
    2. Tengion Launches Third Phase 2 Clinical Trial of Regenerated Human Bladder
    3. Preclinical Data Demonstrate Ability to Regenerate an Entire Bladder With Tengion Neo-Bladder Replacement(TM)
    4. Tengion Scientists Publish Key Preclinical Findings Demonstrating the Benefits of Organ Regeneration Vs. Repair
    5. Tengion Appoints Sunita B. Sheth, M.D., Chief Medical Officer
    6. Tengion Presents New Data Demonstrating Functional Regeneration in a Diabetic Chronic Kidney Failure Model at the International Society for Cellular Therapy
    7. Tengion Announces First Implantation of Neo-Urinary Conduit™ in Initial Clinical Trial in Patients with Bladder Cancer
    8. Tengion Reviews Pipeline Progress at First Analyst and Investor Meeting; Strategic & Clinical Updates Provided for Regenerative Medicine Programs
    9. Tengion Provides Business Update and Reports Third Quarter 2010 Financial Results
    10. Tengion Advances Clinical Trial for Neo-Urinary Conduit™ in Bladder Cancer Patients
    11. Tengion Presents New Data in Nine Posters and Two Oral Presentations at TERMIS North America Annual Meeting
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