SOUTH SAN FRANCISCO, CA -- (MARKET WIRE) -- May 30, 2007 -- Theravance, Inc. (NASDAQ: THRX) announced today that the European Medicines Agency (EMEA) has validated the Marketing Authorization Application (MAA) for telavancin, a rapidly bactericidal injectable antibiotic with a unique multifunctional mechanism of action, for the treatment of complicated skin and soft tissue infections (cSSTI) in adults. Astellas Pharma Europe B.V., a European subsidiary of Astellas Pharma Inc. (Astellas), submitted the MAA in April 2007 under the centralized procedure and applied for marketing approval for telavancin in the 27 European Union (EU) Member States, plus Iceland, Liechtenstein and Norway. Completion of the validation period for the MAA signifies that the submission is complete and EMEA’s review process has begun.
