6-K: Report of foreign issuer [Rules 13a-16 and 15d-16]
Published on
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
______________________________________________
Form
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE
SECURITIES
EXCHANGE ACT OF 1934
For the
month of April, 2009
Commission
File Number ________________
Novogen
Limited
(Translation
of registrant’s name into English)
140 Wicks
Road, North Ryde, NSW, Australia
(Address
of principal executive office)
___________________________________
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Form 20-F
x Form 40-F o
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(l): o
Note:
Regulation S-T Rule 101 (b)( I) only permits the submission in paper of a Form
6-K if submitted solely to provide an attached annual report to security
holders.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule lO1(b)(7): o
Note:
Regulation S-T Rule l01(b)(7) only permits the submission in paper of a Form 6-K
if submitted to furnish a report or other document that the registrant foreign
private issuer must furnish and make public under the laws of the jurisdiction
in which the registrant is incorporated, domiciled or legally organized (the
registrant’s “home country”), or under the rules of the home country exchange on
which the registrant’s securities are traded, as long as the report or other
document is not a press release, is not required to be and has not been
distributed to the registrant’s security holders, and, if discussing a material
event, has already been the subject of a Form 6-K submission or other Commission
filing on EDGAR.
Indicate
by check mark whether the registrant by furnishing the information contained in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule l2g3-2(b) under the Securities Exchange Act of 1934. Yes o No x
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b):
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, thereunto duly
authorized.
Novogen
Limited
(Registrant)
/s/ Ron
Erratt
Ronald
Lea Erratt
Company
Secretary
Date
14 April, 2009

ASX
& MEDIA RELEASE
14
APRIL, 2009
MARSHALL
EDWARDS, INC., TO UNDERTAKE ANALYSIS OF OVATURE TRIAL
Early
analysis enables extension of current resources to additional
programs
Novogen
Limited’s subsidiary, Marshall Edwards, Inc., (NASDAQ: MSHL) has just made the
following announcement.
(New
Canaan, Connecticut., Sydney, Australia - 14 April, 2009) - Marshall Edwards,
Inc., (NASDAQ: MSHL) today announced that it will be undertaking an un-blinded
analysis of the data from its Phase III international, multicentre clinical
study known as “Ovature” (OVArian TUmour REsponse).
Subject
to ethical and regulatory approvals patients currently enrolled in the trial
will continue their treatment according to the study
protocol. However new patient recruitment into the Ovature study will
cease and the available data from the 141 completed and current patients will be
analysed for safety and efficacy outcomes. As noted by the
Independent Data Monitoring Committee in its last review, there have been no
significant safety concerns raised todate. Data analysis for the
primary endpoint, progression free survival, is expected to be completed within
three months. Per the study protocol, the secondary endpoint, overall
survival, cannot be analysed until 18 months after the last patient was
randomised, or sooner if there are no patients surviving.
The
Company has decided to assess these data from the Ovature trial at this time, as
the current downturn in the global financial markets makes raising further
equity or debt in the near term to fund the trial through to completion most
unlikely. According to the agreement reached with the FDA in a
Special Protocol Assessment, the planned interim analysis of the data can be
scheduled only after 95 events of disease progression and full recruitment of
340 patients. However, changes in standards of care over the period
the trial has been in operation and the specific inclusion/exclusion criteria of
the Ovature protocol have slowed patient recruitment rates and, consequently,
the Company has deemed it prudent not to fund the trial to
completion.
“The
determination to conduct an un-blinded analysis of the Ovature data has been
taken to assess the clinical and commercialisation opportunities available for
phenoxodiol and to enable the continuing funding from current resources of the
ongoing Phase I and II programs and release funds to in-license promising and
available compounds,” said Christopher Naughton, President and CEO of Marshall
Edwards, Inc. “We believe that this oncology focused multi-phase
program will maximise opportunities in the best interests of shareholders and
patients and enhance the value of the Company’s proprietary flavonoid technology
platform over the medium term.”
Accordingly,
the Company intends to allocate its current funds of approximately $23 million
to completing the Ovature data analysis of 141 patients, pursuing negotiations
for out-licensing phenoxodiol should evidence of efficacy and safety emerge from
the Ovature analysis, maintaining other ongoing phenoxodiol ovarian and prostate
cancer clinical trials, initiating the triphendiol clinical program, and to
in-license further promising anti-cancer compounds:
|
·
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A
Phase Ib/IIa study of phenoxodiol in combination with the Sanofi-Aventis
drug Docetaxel (TaxotereÒ) in ovarian cancer
is continuing at the Yale University School of
Medicine;
|
|
·
|
Also
at Yale, the Phase II clinical trial of phenoxodiol comparing its safety
and efficacy in patients with early stage and advanced prostate cancer is
ongoing;
|
|
·
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Marshall
Edwards also has the drug candidate triphendiol (NV-196), for which an
Investigational New Drug Application (IND) has been granted by the FDA,
allowing clinical trials to commence in the US for pancreatic and bile
duct cancers. In addition, this drug was designated by the FDA
as an Orphan Drug for treatment of pancreatic cancer, bile duct cancer,
and late stage melanoma;
|
|
·
|
Marshall
Edwards is currently in advanced negotiations with Novogen Limited to
in-licence the mTOR inhibitor NV-128, which has shown compelling
preclinical results to date.
|
“The
scientific and commercial excitement around the potential of mTOR inhibitors,
and particularly this stand-out compound with dual mTORC1 and mTORC2 inhibition,
has made NV-128 a high priority for the Marshall Edwards’ drug development
program,” said Professor Bryan Williams, the Chairman of Marshall Edwards,
Inc. “We expect to add NV-128 to our portfolio by obtaining oncology
commercialisation rights and to move ahead quickly with the clinical
program”.
About
Ovature
The
Ovature study is a multi-centre international Phase III clinical trial of the
orally-administered investigational drug phenoxodiol in women with advanced
ovarian cancer resistant or refractory to platinum-based drugs, to determine its
safety and effectiveness when used in combination with carboplatin.
About
Marshall Edwards, Inc. and Novogen Limited
Marshall
Edwards, Inc., is a specialist oncology company focused on the clinical
development of novel anti-cancer therapeutics. These derive from a
flavonoid technology platform that has generated a number of novel compounds
characterised by broad ranging activity in laboratory testing against a range of
cancer targets with few side effects. The ability of these compounds
to target an enzyme present on the surface of cancer cells, and inhibit the
production of pro-survival proteins within the cancer cell suggests that they
may possess a unique combination of efficacy and safety. Marshall
Edwards, Inc., has licensed rights from Novogen Limited (ASX: NRT; NASDAQ: NVGN)
to bring three oncology drugs - phenoxodiol, triphendiol (NV-196) and NV-143 -
to market globally. Marshall Edwards, Inc., is majority owned by
Novogen Limited, an Australian biotechnology company that is specialising in the
development of therapeutics based on a flavonoid technology
platform. More information on phenoxodiol and on the Novogen group of
companies can be found at www.marshalledwardsinc.com and
www.novogen.com.
Under
U.S. law, a new drug cannot be marketed until it has been investigated in
clinical trials and approved by the FDA as being safe and effective for the
intended use. Statements included in this press release that are not historical
in nature are "forward-looking statements" within the meaning of the "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995. You
should be aware that our actual results could differ materially from those
contained in the forward-looking statements, which are based on management's
current expectations and are subject to a number of risks and uncertainties,
including, but not limited to, our failure to successfully commercialize our
product candidates; costs and delays in the development and/or FDA approval, or
the failure to obtain such approval, of our product candidates; uncertainties in
clinical trial results; our inability to maintain or enter into, and the risks
resulting from our dependence upon, collaboration or contractual arrangements
necessary for the development, manufacture, commercialization, marketing, sales
and distribution of any products; competitive factors; our inability to protect
our patents or proprietary rights and obtain necessary rights to third party
patents and intellectual property to operate our business; our inability to
operate our business without infringing the patents and proprietary rights of
others; general economic conditions; the failure of any products to gain market
acceptance; our inability to obtain any additional required financing;
technological changes; government regulation; changes in industry practice; and
one-time events. We do not intend to update any of these factors or to publicly
announce the results of any revisions to these forward-looking
statements.