BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Mistral Pharma Inc. Signs Distribution Agreement for 6 Products


2/19/2008 8:48:42 AM

MONTREAL, QUEBEC--(MARKET WIRE)--Feb 18, 2008 -- Mistral Pharma Inc. (CDNX:MIP.V - News) ("Mistral") today announced that it has signed a distribution agreement with an undisclosed pharmaceutical company for 6 injectable generic products for the Canadian market. Mistral expects to file these products with Health Canada during 2008. Mistral estimates that these products target a total market of more than $ 50 M.

"We are very excited to file these 6 additional products with Health Canada in 2008" commented Dalal Manoli, Mistral's Vice President, Sales & Marketing. "This will strengthen our position as a specialty pharma company with a focus on hospital products" she added.

About Mistral Pharma Inc.

Mistral Pharma Inc. is an innovative pharmaceutical company that is active in the reformulation and the commercialization of already-marketed drugs. Its branded drug delivery products, MIST-B01, MIST-B02, MIST-B03 & MIST-B04, showed positive results at their respective first pilot clinical trials. Mistral also markets INSTILLAGEL® in Canada, a local anesthetic and antiseptic combination product used for urology procedures. Mistral has also in-licensed TAMALIS(TM) (Rupatadine) a new antihistamine and INSTILLAQUILL®, a single use extension tube used in gynecology. They will both be filed with Health Canada in 2008. Mistral positions itself as a development and marketing partner with pharmaceutical companies. More information is available on Mistral's website at www.mistralpharma.com.

Forward-looking Statements

Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of Mistral Pharma. These statements are based on assumptions and uncertainties as well as on Management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for Mistral Pharma's products, the impact of price pressures exerted by competitors, results from clinical studies and regulatory approval process as well as general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

Contact:

Contacts: Mistral Pharma Inc. Bertrand F. Bolduc, B.Pharm., MBA President & Chief Executive Officer 514-421-1717 ext. 2224 bbolduc@mistralpharma.com

Mistral Pharma Inc. Alain Provencher Vice-president, Finances and Chief Financial Officer 514-421-1717 ext. 2232 aprovencher@mistralpharma.com

Source: Mistral Pharma Inc.



Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES