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Biotech / Medical : MGI Pharma MOGN New patents, anti cancer

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To: Jim Oravetz who wrote (1218)7/16/1999 12:52:00 PM
From: Jim Oravetz  Read Replies (1) of 1826
 
DJ MGI Pharma, Pharmacia&Upjohn To Co-Mkt Arthritis Drug

MINNEAPOLIS (Dow Jones)--MGI Pharma Inc. (MOGN) and Pharmacia & Upjohn Inc. (PNU) agreed to co-promote Azulfidine EN-tabs in the U.S. for patients with rheumatoid arthritis who haven't responded well to other treatment.

Terms weren't disclosed.

In a press release Thursday, MGI Pharma said it expects "nominal" sales from Azulfidine EN-tabs in 1999, and modest, but more "meaningful" sales in 2000 after the two companies launch the joint marketing campaign in September.

Jim
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