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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Biomaven who wrote (3901)3/6/1998 9:01:00 AM
From: Oliver & Co  Read Replies (1) of 6136
 
JT to sell anti-HIV drug in Japan from late March

March 5, 1998 09:02 PM

TOKYO, March 6 (Reuters) - Japan Tobacco Inc said on Friday that it would start selling its anti-HIV drug Viracept in Japan from late March.

JT said in a statement that the drug would be priced at 188.7 yen per tablet.

In May 1997, JT applied for government approval to import Viracept, which is already being marketed in the United States.

JT, the nation's cigarette monopoly, said in January it had granted sales rights in Japan for Viracept to Swiss-based Hoffman-La Roche, a unit of Roche Holding AG .

JT and Agouron Pharmaceuticals Inc AGPH jointly developed the anti-viral therapy for HIV, the virus that causes Acquired Immune Deficiency Syndrome (AIDS).

Viracept is a protease inhibitor, a drug that blocks the reproductive cycle of the HIV virus, it said.

JT said a Japanese unit of Roche Holding would sell the drug in most parts of Japan, although sales in eight prefectures near Tokyo and Osaka would be carried out by Yoshitomi Pharmaceutical Industries Ltd .

A JT spokesman said the company did not have a sales forecast for the Japanese market.

The company said in January that the drug's U.S. sales totalled $214 million in the March-December period of last year.

((Tokyo Equities Desk +81-3 3432 9404 tokyo.equities.newsroom@reuters.com)) REUTERS

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Following are Reuters Alerts related to this article

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ALERT
JAPAN TOBACCO SAYS TO START SELLING HIV DRUG VIRACEPT IN JAPAN FROM LATE-MARCH
REUTERS

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