Astellas Pharma Inc. and Theravance, Inc. Announce Submission of Telavancin MAA for the Treatment of Complicated Skin and Soft Tissue Infections in Europe

TOKYO and SOUTH SAN FRANCISCO, CA -- (MARKET WIRE) -- May 01, 2007 -- Astellas Pharma Inc. (Astellas) and Theravance, Inc. (NASDAQ: THRX) announced today that Astellas Pharma Europe B.V. submitted a Marketing Authorization Application (MAA) to the European Medicines Agency (EMEA) for telavancin, a rapidly bactericidal injectable antibiotic with a unique multifunctional mechanism of action, for the treatment of complicated skin and soft tissue infections (cSSTI) in adults.

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