Flamel Technologies Announces First Quarter Results; COREG CR(TM) Launch; and Strong Sales of Product to GlaxoSmithKline

LYON, France--(BUSINESS WIRE)--Flamel Technologies (Nasdaq: FLML) today announced its financial results for the first quarter of 2007. Flamel’s revenues during the quarter included the first royalties received from GlaxoSmithKline (NYSE: GSK) on sales of COREG CR, which was launched on March 22nd.
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