Ipsen says Somatuline Depot receives US marketing approval for acromegaly

Date : 08/31/2007 @ 2:46AM
Source : TFN
Stock : Tercica Inc (TRCA)
Quote : 8.74  0.09 (1.04%) @ 5:41PM
<< BackQuote Chart Financials

 



Ipsen says Somatuline Depot receives US marketing approval for acromegaly

        PARIS (Thomson Financial) - French pharmaceuticals group Ipsen said the US
Food and Drug Administration has given marketing approval for Somatuline Depot
(lanreotide) injections of 60, 90 and 120 mg in the treatment of acromegaly.
    The approval is for the treatment's use in patients who have had an
inadequate response to surgery and/or radiotherapy, or for whom surgery and/or
radiotherapy is not an option, the company said.
    Somatuline Depot becomes the first product originating from Ipsen's research
and development department to be approved by the FDA and marketed globally, it
said.
    The FDA approval triggers a 30 mln eur milestone payment to Ipsen from
Tercica Inc, which has the US and Canada marketing rights for Somatuline Depot.
    Tercica expects to launch the drug in the US in the fourth quarter, Ipsen
said.
Andrew.Newby@Thomson.com
an/slj

COPYRIGHT

Copyright AFX News Limited 2007. All rights reserved.
The copying, republication or redistribution of AFX News Content, including by
framing or similar means, is expressly prohibited without the prior written
consent of AFX News.

<< Back


Tercica Inc Historical Chart Tercica Inc Intraday Chart  
Period


LSE and PLUS quotes are live. NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Request an Exchange :: Affiliate Scheme
Copyright1999-2008 ADVFN PLC. Copyright and limited reproduction :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs
ADDITIONAL SERVICES AVAILABLE FROM ADVFN
Upgrade - Click here for more information on ADVFN premium services Money Words - ADVFN Financial Glossary Investor Training ADVFN Financial Bookshop Online Training Academy
34 site:2us 081011 00:16 Stock Message Boards ( 2001 | 2002 | 2003 | 2004 | 2005 | 2005 | 2007 )