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Healthcare Mergers, Acquisitions & Ventures Week

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Asthma



ALVESCO(R) Gains FDA Approval for the U.S. Market



February 2nd, 2008

Nycomed announced that the Food and Drug Administration (FDA) approved ALVESCO(R) (ciclesonide) Inhalation Aerosol in the United States for the maintenance treatment of asthma and as prophylactic therapy in adult and adolescent patients aged 12 years and older. ALVESCO(R) is an inhaled corticosteroid with novel release and distribution properties. Commercialisation and marketing of ALVESCO(R) will be achieved through a U.S. commercial partner.

The decision of the FDA allows the product to be sold in the largest pharmaceutical market in the world, where it is patent protected until 2017. Nycomed is in active negotiations with possible marketing partners for the...


Source: Healthcare Mergers, Acquisitions & Ventures Week (2008-02-02)

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