-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FQCcoViN8QlfF6MRgYzjz73w++mKsFVq4mwO3wgI5swxUWdrXjgaz0rCigLs8p4u TsKHygIuXyyJ1ZLRGG/8pQ== 0000936392-03-001034.txt : 20030801 0000936392-03-001034.hdr.sgml : 20030801 20030801154152 ACCESSION NUMBER: 0000936392-03-001034 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030616 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030801 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LA JOLLA PHARMACEUTICAL CO CENTRAL INDEX KEY: 0000920465 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 330361285 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-24274 FILM NUMBER: 03818052 BUSINESS ADDRESS: STREET 1: 6455 NANCY RIDGE DR CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 8584526600 MAIL ADDRESS: STREET 1: 6455 NANCY RIDGE DR CITY: SAN DIEGO STATE: CA ZIP: 92121 8-K/A 1 a91983e8vkza.htm FORM 8-K/A La Jolla Pharmaceutical Company
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

_______________

FORM 8-K/A

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of report (Date of earliest event reported): June 16, 2003

La Jolla Pharmaceutical Company

(Exact Name of Registrant as Specified in Charter)

         
Delaware   0-24274   33-0361285
(State or Other Jurisdiction
of Incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)
     
6455 Nancy Ridge Drive, San Diego, California
(Address of Principal Executive Offices)
  92121
(Zip Code)

Registrant’s telephone number, including area code: (858) 452-6600

 


ITEM 5. OTHER EVENTS
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
SIGNATURES
EXHIBIT 99.1


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Explanatory Note: This Form 8-K/A and the related Press Release filed herewith as Exhibit 99.1 is filed to correct information in the third sentence of the fifth paragraph of the Press Release as previously filed.

ITEM 5. OTHER EVENTS

     On June 16, 2003, the Company issued a press release announcing, among other matters, the health-related quality of life results from the Riquent™ Phase 3 trial. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

     The following exhibits are filed with this report on Form 8-K:

     
Exhibit    
Number   Description of Exhibit

 
99.1   Press Release

2


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SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
    LA JOLLA PHARMACEUTICAL COMPANY
         
Date: August 1, 2003   By:   /s/ Steven B. Engle
       
        Steven B. Engle
Chairman and Chief Executive Officer

3 EX-99.1 3 a91983exv99w1.txt EXHIBIT 99.1 Exhibit 99.1 LA JOLLA PHARMACEUTICAL ANNOUNCES HEALTH-RELATED QUALITY OF LIFE RESULTS FROM RIQUENT(TM) PHASE 3 TRIAL LUPUS PATIENTS WITH SUSTAINED REDUCTIONS IN ANTIBODIES TO dsDNA HAVE IMPROVED HEALTH-RELATED QUALITY OF LIFE, LOWER RISK OF MAJOR SLE FLARE AND LOWER RISK OF RENAL FLARE SAN DIEGO, JUNE 16, 2003 -- La Jolla Pharmaceutical Company (Nasdaq: LJPC) today announced that lupus patients in its Phase 3 trial with sustained reductions in antibodies to double-stranded DNA (dsDNA) reported improved health-related quality of life (HRQOL) and had a lower risk of Major SLE flare compared with patients who did not have sustained reductions. In addition, similar results were seen in the Phase 2/3 trial. These results support the pathogenicity or disease-causing ability of antibodies to dsDNA in lupus patients. "Riquent is designed to specifically reduce antibodies to dsDNA. Its ability to do so has been confirmed in both the Phase 3 and Phase 2/3 trials, and a sustained reduction in these antibodies has been associated with a reduced risk of renal flare," said Steven Engle, Chairman and CEO. "In the Phase 3 trial, although we did not reach statistical significance for the primary endpoint, these new analyses demonstrate that lupus patients with sustained reductions in antibodies to dsDNA have an improved health-related quality of life, a lower risk of Major SLE flare, and a lower risk of renal flare. These conclusions are strengthened by the consistency of the results for three different endpoints across two large, well-controlled lupus trials." HRQOL is an assessment of a patient's sense of physical and mental well-being and was measured by a standard scoring instrument called the Medical Outcomes Study 36-Item Short Form (SF-36(R)). The scores are reported in eight domains: physical functioning, role-physical, bodily pain, general health, vitality, social functioning, role-emotional and mental health. Major SLE flare includes new or increased treatment with high-dose corticosteroids and/or cyclophosphamide (HDCC) or other immunosuppressive drugs, hospitalization, or death due to lupus. A renal flare is a significant increase in inflammation targeting the kidney and was measured by a significant, reproducible increase in serum creatinine, proteinuria and/or hematuria. In both trials, patients with sustained reductions were defined as those who had at least a 10% reduction in antibodies to dsDNA from baseline for at least two-thirds of all measurements of antibodies to dsDNA during the trial, unless they were treated with high-dose corticosteroids and/or cyclophosphamide. Because HDCC suppresses antibodies to dsDNA, antibody values subsequent to HDCC treatment were adjusted to have a value equivalent to baseline. The analyses on sustained reductions were conducted after the trial was unblinded. CLINICAL OUTCOMES IN PATIENTS WITH SUSTAINED REDUCTIONS IN ANTIBODIES TO dsDNA HEALTH-RELATED QUALITY OF LIFE: In the Phase 3 study, at 12 months, all eight SF-36 domain scores favored patients with sustained reductions in antibodies to dsDNA (n = 80) when compared with patients who did not have sustained reductions (n = 110). Six of the eight domain scores were significantly different at the 12-month time point when compared with patients that did not experience sustained reductions (four at p < 0.01). Social function and role emotional(1) scores also favored patients with sustained reductions, although the results were not statistically significant. Similar results were seen at six months. The improvement in HRQOL was equally notable in the physical component summary score at both six and 12 months (p < 0.001 for each time point). In the Phase 3 trial, twice as many Riquent-treated patients had sustained reductions as placebo-treated patients. The six and 12-month time points were used for analysis because they included the largest number of patients. In the Phase 2/3 study, at four months, all eight SF-36 domain scores favored patients with sustained reductions in antibodies to dsDNA (n = 58) when compared with patients who did not have sustained reductions (n = 110). Furthermore, two of the eight domain scores reached statistical significance even by this early time point when compared with patients who did not experience sustained reductions. In the Phase 2/3 trial, four times as many Riquent-treated patients had sustained reductions as placebo-treated patients. Because of the dose-regimen of this trial, in which patients received 100 mg/week doses of Riquent for the first four months, the four-month time point was considered the most relevant for analysis. MAJOR SLE FLARE: The number of Major SLE flares was also significantly reduced in patients with sustained reductions in antibodies to dsDNA in the Phase 3 and Phase 2/3 trials. Patients with sustained reductions in antibodies to dsDNA had a 70% reduction in the risk of Major SLE flare in the Phase 3 trial and a 75% reduction in risk in the Phase 2/3 trial when compared with patients who did not have sustained reductions (p<0.0001 for each trial). The majority of Major SLE flares were observed in patients who did not have a sustained reduction in antibodies to dsDNA. This group included 68 of 82 (83%) total Major SLE flares in the Phase 3 trial and 55 of 63 (87%) total Major SLE flares in the Phase 2/3 trial. RENAL FLARE: As previously reported in our February and March 2003 press releases, although the Phase 3 trial did not reach statistical significance for its primary endpoint, time to renal flare, patients with sustained reductions in antibodies to dsDNA had an 80% reduction in the risk of renal flare in the Phase 3 trial and an 86% reduction in the - --------------------------- (1) This sentence has been revised to report the correct domain was "role emotional" rather than "mental health" as originally reported. 2 risk of renal flare in the Phase 2/3 trial compared with patients who did not have sustained reductions (Phase 3: p < 0.0001 and Phase 2/3: p = 0.0004). The majority of renal flares were observed in patients who did not have a sustained reduction in antibodies to dsDNA. This group included 36 of 41 (88%) total renal flares in the Phase 3 trial and 26 of 28 (93%) total renal flares in the Phase 2/3 trial. OTHER CLINICAL OUTCOMES HRQOL FOLLOWING RENAL FLARE: In both the Phase 2/3 and Phase 3 trials, Riquent-treated patients reported improved HRQOL following a renal flare compared with placebo-treated patients. In the Phase 3 trial, seven of eight SF-36 domain scores were more favorable for Riquent-treated patients following a renal flare compared with placebo-treated patients. Similar results were seen in the Phase 2/3 trial, where all eight domain scores were more favorable for Riquent-treated patients following a renal flare compared with placebo-treated patients. For this analysis, HRQOL was measured after a renal flare and compared with the most recent score before the renal flare. These differences in HRQOL scores were observed despite immunosuppressive therapy given for renal flare. The differences were not statistically significant, possibly due to the small number of total renal flares in each trial. LONGITUDINAL RESULTS: The differences in HRQOL between the Riquent-treated and placebo-treated groups were not significantly different during the trial, and mirror the renal flare results reported for the Phase 3 trial. The lack of significance may have been due to changes in medical practice during the trial and a loss of susceptible patients as discussed in detail in the Company's February 18, 2003 press release. The Phase 3 trial enrolled 298 lupus patients with high-affinity antibodies to Riquent who were treated for up to 22 months with either Riquent or placebo. Patients completed the SF-36 assessment at entry, followed by up to three additional assessments during the trial, depending on how long they participated. Patients who experienced a renal flare completed the assessment after the renal flare was confirmed. The Phase 2/3 trial enrolled 198 lupus patients with high-affinity antibodies who were treated for up to 18 months. La Jolla Pharmaceutical Company is a biotechnology company developing therapeutics for antibody-mediated autoimmune diseases afflicting several million people in the United States and Europe. The Company is developing Riquent(TM), formerly known as LJP 394, for the treatment of lupus kidney disease, a leading cause of sickness and death in patients with lupus. The Company is also developing LJP 1082 for the treatment of antibody-mediated thrombosis, a condition in which patients suffer from recurrent stroke, deep-vein thrombosis and other thrombotic events. The Company's common stock is traded on The Nasdaq Stock Market under the symbol LJPC. For more information about the Company, visit its Web site: http://www.ljpc.com. 3 Except for historical statements, this press release contains forward-looking statements involving significant risks and uncertainties, and a number of factors, both foreseen and unforeseen, could cause actual results to differ materially from our current expectations. Forward-looking statements include those which express a plan, belief, expectation, estimation, anticipation, intent, contingency, future development or similar expression. Although we plan to submit a New Drug Application ("NDA") for Riquent(TM), there is no guarantee that regulatory authorities will approve Riquent in a timely manner, or at all. Our analyses of clinical results of Riquent, previously known as LJP 394, our drug candidate for the treatment of systemic lupus erythematosus ("lupus"), and LJP 1082, our drug candidate for the treatment of antibody-mediated thrombosis ("thrombosis"), are ongoing and could result in a finding that these drug candidates are not effective in large patient populations, do not provide a meaningful clinical benefit, or may reveal a potential safety issue requiring us to develop new candidates. Although we have determined to submit a NDA for Riquent, the results from our clinical trials of Riquent may not ultimately be sufficient to obtain regulatory clearance to market Riquent either in the U.S. or Europe, and we may be required to conduct additional clinical studies to demonstrate the safety and efficacy of Riquent to obtain marketing approval. There is no guarantee, however, that we will have the necessary resources to complete any additional trial, that we will elect to conduct an additional trial, or that any additional trial will sufficiently demonstrate the safety and efficacy of Riquent. Our blood test to measure the binding affinity for Riquent is experimental, has not been validated by independent laboratories, will likely require regulatory approval, and will likely be necessary for the approval and the commercialization of Riquent. Our other potential drug candidates are at earlier stages of development and involve comparable risks. Analysis of our clinical trials could have negative or inconclusive results. Any positive results observed to date may not be indicative of future results. In any event, regulatory authorities may require additional clinical trials, or may not approve our drugs. Our ability to develop and sell our products in the future may be affected by the intellectual property rights of third parties. Additional risk factors include the uncertainty and timing of: obtaining required regulatory approvals, including delays associated with any approvals that we may obtain; the clear need for additional financing; FDA approval of our manufacturing facilities and processes; the increase in capacity of our manufacturing capabilities for possible commercialization; successfully marketing and selling our products; our lack of manufacturing, marketing, and sales experience; generating future revenue from product sales or other sources such as collaborative relationships; future profitability; and our dependence on patents and other proprietary rights. Readers are cautioned to not place undue reliance upon forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date hereof. Interested parties are urged to review the risks described in our Annual Report on Form 10-K for the year ended December 31, 2002, and in other reports and registration statements that we file with the Securities and Exchange Commission from time to time. ### 4 -----END PRIVACY-ENHANCED MESSAGE-----