ML LABS -A PHOENIX ABOUT TO RISE ?

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Amotoor - Sat, 01 Jan 05 :

northwards :-

Cant see Budesonide coming through as submited Nov 2003, When Formoterol was submited in 2002 and still waiting.

This is what they said on Nov 2002 on Formoterol, again when Budesonide submited.

Nov 2002 Formoterol Submited
"If the application is successful, the first launch of formoterol Clickhaler
is planned for 2003 and Clickhaler which will compete in a valuable market which currently exceeds 250 mln stg per annum".

Nov 2003 Budesonide Submited
"The first launch of budesonide Clickhaler is PLANNED for 2005 which will
trigger a further significant milestone payment.
IB will earn double digit royalties on sales of this new presentation of
Clickhaler which will compete in a valuable market worth in excess of 450 mln
stg per annum".

Amo


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