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Biotech / Medical : momo-T/FIF

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To: scaram(o)uche who wrote (4934)	7/19/2006 3:16:36 PM
From: dr.praveen	Read Replies (2) of 12215

Roche exercises its option on Ipsen's anti-diabetic medicine for type 2 diabetes Further to the agreement signed in October 2003, Roche announced today its decision to exercise its option to exclusively... Basel (Switzerland) and Paris (France), 19 July 2006 – Further to the agreement signed in October 2003, Roche announced today its decision to exercise its option to exclusively licence, develop and market Ipsen’s patented anti-diabetic drug BIM 51077. This GLP-1 medicine has shown a good efficacy signal and latest data from phase I + II clinical studies showed potential to be more conveniently administered than existing members of the class, which would facilitate patient compliance. Roche has been granted worldwide rights, except in Japan where these rights are shared with Teijin (Ipsen’s Japanese partner), and in France where Ipsen may elect to retain co-marketing rights.

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