Clinical trial on Mildronate® is successfully finished


JSC “Grindeks” informs that it has successfully finished the clinical trial on
the influence of the brand product Mildronate® on the treatment of angina. 

International clinical trial was carried out in the cooperation with the
experienced clinicists, scientific experts and international contract research
organisations corresponding with the ICH/ GCP (Good clinical practiсe) and the
EU legislation for the clinical trials of I - IV phases. 

A randomized, multinational, multicenter, double blind, placebo-controlled
clinical trial with Mildronate® was performed in 37 research centres in Latvia,
Lithuania, Russia and Ukraine. Efficiency and safety of Mildronate® in long
term treatment of angina was investigated. “Grindeks” altogether has invested
1.6 million lats in the research. 

JSC “Grindeks” Research and Development Director Dr. Nilss Poritis: “Selection
of patients, clinical documentation and capture of all data was done accurately
according to the research protocol and the international standard of “Good
clinical practiсe”. Process of the research in the centres was monitored
thoroughly and its quality was controlled several times in audits of the
research centres and of the company “Grindeks”.” 

Director of Latvian Institute of Organic Synthesis, the creator of Mildronate®,
scientific expert Ivars Kalvins: “As the author of this medication I have
always been sure about the therapeutic effectiveness of Mildronate® that year
after year is confirmed by both clinical practice and clinical trials made so
far. Results of the just-finished multinational clinical trial once more
approve effectiveness and the high safety of Mildronate® in the treatment of
angina in combination with the standard therapy.” 

JSC “Grindeks” Chairman of the Board Janis Romanovskis: “Mildronate® is the
main medication of the company. I want to mark also its significance to Latvia
- it has been repeatedly recognized as a product with the fastest growing
export amount in Latvia. Its effectiveness in the treatment of heart diseases
is evaluated approvingly by both circles of professional doctors and
pharmacists and patients in 14 countries. Results obtained will promote sales
and registration of Mildronate® in new markets.” 

JSC “Grindeks” Chairman of the Council Kirovs Lipmans: “Every year the company
strategically invests about 10% from the total turnover in the Research and
Development. Investment in the research of Mildronate® has turned out to be
very successful. Positive clinical trials will serve also as a support for
“Grindeks” to make the next step - to introduce the new generation of
Mildronate®.” 

According to the practice of clinical trials, presently the scientific
publication including the results of the clinical trial of Mildronate® is under
preparation. They will be widely communicated to the circles of scientists and
doctors in different conferences and symposiums. 

Angina is one of the most popular symptoms of the coronary artery disease.
Angina is a disease marked by attacks of chest pain or pressing feeling in the
chest, precipitated by deficient oxygenation of the heart muscles. Frequently
angina is provoked by physical activity of the patient. Without a treatment
angina can become more frequent, but symptoms - more severe. Angina can point
also at more serious heart disease and essentially impacts the quality of life
of a human. 


About JSC “Grindeks”

“Grindeks” is the leading pharmaceutical company in the Baltic States. The main
directions of its operation are research, development, manufacturing and sales
of original products, as well as generics and active pharmaceutical
ingredients. “Grindeks” specializes in the heart and cardiovascular,
psychotropic and anti-cancer therapeutic groups of medications. 

“Grindeks” concern consists of four subsidiary companies in Latvia, Estonia and
Russia; as well as representatives and representative offices in 14 countries.
Products of the company are exported to more than 40 countries and its export
comprises more than 96% of the total turnover. The main markets are the Baltic
States, Russia and other CIS countries, as well as Japan and USA. The shares of
JSC „Grindeks” are listed in the Official List of “NASDAQ OMX Riga”. 


Contacts: 
Laila Klavina
JSC “Grindeks” Head of the Communications Department 
Phones: (+371) 67083370, (+371) 29256012 
Fax: (+371) 67083505
e-mail: laila.klavina@grindeks.lv
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