Progenics Pharmaceuticals, Inc. And Wyeth Initiate Global Phase 3 Clinical Program Of Intravenous Methylnaltrexone To Treat Post-Operative Ileus

TARRYTOWN, N.Y. & MADISON, N.J.--(BUSINESS WIRE)--Sept. 20, 2006--Progenics Pharmaceuticals, Inc., (NASDAQ: PGNX) and Wyeth Pharmaceuticals, a division of Wyeth (NYSE: WYE), today announced the initiation of the first of two global, pivotal, phase 3 clinical trials to evaluate the safety and efficacy of intravenous methylnaltrexone for the treatment of post-operative ileus (POI), a debilitating impairment of the gastrointestinal tract that occurs after surgery. There are no medicines currently approved to treat POI.

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