BASEL, SWITZERLAND and BRIDGEWATER, NJ--(MARKET WIRE)--Sep 24, 2007 -- Speedel (Swiss:SPPN.SW - News) today welcomed the announcement that Speedel and Novartis have won the overall Gold Award in the seventh annual Wall Street Journal contest for Technology Innovation. This Gold Award was given to both companies for their work in discovering and developing SPP100 (aliskiren) the first direct renin inhibitor for treating hypertension. The compound received regulatory approval in 2007 in the US, Europe and Switzerland where it is marketed by Novartis under the trade names Tekturna[1] and Rasilez[2] respectively.
