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Labopharm Inc.

Labopharm enters into licensing and distribution agreement for once-daily tramadol in Australia with iNova

Published in Health Business Week, February 8th, 2008

Labopharm Inc. (TSX: DDS, NASDAQ: DDSS) announced that it has entered into a licensing and distribution agreement with iNova Pharmaceuticals (Australia) Pty Limited for its once-daily tramadol product for Australia.

"Building on the launch of our once-daily tramadol product across Europe and in Canada, we continue to add strong distribution partners as we prepare for additional product launches in key markets globally throughout this year," said James R. Howard-Tripp, President and Chief Executive Officer, Labopharm Inc. "Australia represents a sizable opportunity and is an important component of the global commercialization plan for our product."

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