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Osteoarthritis

IDEA reports positive phase III results for targeted analgesic IDEA-033

Published in Drug Week, September 8th, 2006

IDEA, AG, reported the positive outcome of another pivotal phase III efficacy and safety study of the targeted analgesic product IDEA-033 in osteoarthritis (OA) of the knee in Europe.

The company simultaneously announced that it has gained exclusive control over the global rights to IDEA-033, after reacquiring for consideration the Northern American license from its previous partner in the territory.

IDEA-033 was outlicensed in February 2003 to McNeil Consumer & Specialty Pharmaceuticals for the U.S. and Canada. The recent shift in the partner's focus to pediatric products provided IDEA with an opportunity to reacquire these IDEA-033 rights. IDEA now...

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