Penwest Pharmaceutical Announces Allowance for Oxymorphone Patent Application Related to OPANA ER

DANBURY, Conn., July 23, 2007 (PRIME NEWSWIRE) -- Penwest Pharmaceuticals Co. (Nasdaq:PPCO) today reported that the U.S. Patent and Trademark Office (PTO) has indicated on its website that a Penwest patent application claiming the sustained-release formulation of oxymorphone related to OPANA(r) ER (oxymorphone HCl) extended-release tablets CII has been allowed.

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