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The Deloitte Technology Fast 50, one of Israel's foremost technology award programs.
It annually recognizes and honors the 50 private and publicly-held fastest growing technology companies in Israel, based on percentage revenue growth over a five-year period.
The Fast 50 program honors business growth, technological innovation and Israel entrepreneurial spirit.
The Technology Fast 50 is part of a national and international program run by Deloitte.
The company's AATD-IH drug could become the first inhalable treatment for congenital emphysema.
Kamada is currently evaluating strategic collaborations for conducting the Phase II clinical trial in the US.
The Phase II/III trial of AATD-IH, which is already underway in Europe and its results are expected late 2013, may serve the drug approval application to FDA, together with the data from the Phase II study of this IND Approval .
Israeli biopharma company Kamada (KMDA: TA) has entered into an exclusive agreement with privately-owned Italian drugmaker Chiesi Farmaceutici for the distribution of its breakthrough inhaled alpha-1 antitrypsin for treatment of alpha-1 antitrypsin deficiency (AATD-IH), a genetic disorder.
Second quarter revenue rose 11.8% to $13.8 million, and the drug development company raised its full-year revenue guidance to $72 million.
Kamada and Chiesi enter into a strategic agreement for the distribution of Kamada's inhaled AAT drug for treatment of Alpha-1 antitrypsin deficiency in Europe, Turkey and former CIS countries.
The increase was attributable to the rapid sales growth of Glassia, one of the first proprietary drugs developed in Israel to win FDA approval.
The trial is testing an innovative breakthrough treatment for Type 1 diabetes, which does not use the only current treatments of insulin and diet. D1-AAT may slow progression of the disease, and may greatly reduce, or completely eliminate, the need for insulin. This will stabilize the condition of diabetics and/or reduce or prevent serious complications of the disease.
CEO David Tsur: We expect to complete the European trial of inhalable AAT in 2013 and prepare for a US trial
Kamada Ltd. (TASE: KMDA) has obtained Food and Drug Administration (FDA) approval to conduct a clinical trial in the US for the company's next generation drug – an inhalable version of AAT (Alpha-1 Antitrypsin deficiency) for the treatment of cystic fibrosis.