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Biotech / Medical : The Fraud of Biological Psychiatry

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To: AugustWest who wrote (304)1/16/2002 10:53:09 PM
From: AugustWest   of 444
 
Celltech to increase US sales presence
Wednesday, April 11, 2001

Celltech is to increase its US salesforce by almost 40% to support newly approved Metadate its ADHD (Attention Deficit Hyperactivity Disorder) drug due to be marketed by autumn.

Metadate’s marketing advantage is that it is the first once-a-day formulation of the generic drug methylphenidate easing demands on the child patients parents and teachers.

The global market for hyperactivity disorder products is approximately $800 million the vast majority of it in the US.

Metadate’s main rivals will be Shire’s Adderall and Alza’s Concerta. Celltech’s Chief Executive expects the launch of Metadate to prompt Alza (recently bought by Johnson & Johnson) to increase its salesforce as well.

Shire is expected to respond by producing a once-daily formulation of Adderall to capture the lion’s share of the lucrative market. pharmafile.com
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