This is a relabeled Philips burner if I'm not mistaken.
But it seems that several revisions of burneres were released under the E118405 name (2x, 4x, 8x...)? :eek:
I don't know whether a red LED is normal but usually drives only flash redly when something special occurs, like firmware flash.
If your system recognizes the burner you could try to reflash the firmware...