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

   

Theramed Corporation Licenses Product Portfolio


1/24/2006 2:11:57 PM

(January 23, 2006) – The Theramed Corporation (“Theramed” or the “Company”) announced today that it has entered into a License and Distribution Agreement with Nature’s Plus, a division of EMS Sigma Pharma for the Sigmasporin® (cyclosporine) product line. EMS Sigma Pharma is the second largest locally-owned Brazilian pharmaceutical company with over $600 million in annual sales and a rapidly expanding European operation. Bourne Partners served as Theramed’s exclusive financial advisor in this transaction. Theramed will seek approval to market Sigmasporin® as a prophylactic against organ rejection in kidney, liver, and heart allogeneic transplants, as a potential treatment for patients with severe active rheumatoid arthritis, and in the treatment of adult nonimmunocompromised patients with severe, recalcitrant, plaque psoriasis. Sigmasporin® is bioequivalent Canada’s leading cyclosporine product, Neoral®, which is marketed by Novartis Pharmaceuticals Canada, Inc. According to IMS Health data for the Canadian market, Neoral® sales in 2004 were estimated at approximately C$40 million. In the United States, sales of all cyclosporine products were in excess of $235 million in 2004. Theramed plans to market Sigmasporin® in 25mg, 50mg and 100mg strengths...More.


   

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