Sepracor, Inc. Acquires Exclusive U.S. Rights to Nycomed’s ALVESCO(R) HFA and OMNARIS(TM) AQ Products as Well as Ciclesonide Pipeline; Nycomed will Receive an Upfront Payment of $150M

MARLBOROUGH, Mass. & ZURICH, Switzerland--(BUSINESS WIRE)--Sepracor Inc. (Nasdaq: SEPR) and Nycomed today announced an exclusive development, marketing and commercialization agreement for ciclesonide in the United States. Ciclesonide, Nycomed’s proprietary corticosteroid, has a unique activation mechanism and is the active ingredient in ALVESCO HFA (hydrofluoroalkane) Inhalation Aerosol MDI (metered-dose inhaler) for the treatment of asthma and in OMNARIS AQ Nasal Spray for the treatment of allergic rhinitis. The broad ciclesonide franchise complements Sepracor’s respiratory portfolio and further leverages the company’s commercial infrastructure with both OMNARIS AQ and ALVESCO HFA projected to be launched in 2008.
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