MOUNTAIN VIEW, Calif.--(BW HealthWire)--Feb. 25, 1999--VIVUS, Inc. (Nasdaq:VVUS) today announced that the Company has received notification that the license necessary for the launch of MUSE(R) (alprostadil) in Germany has been granted. This license triggers a $2 million milestone payment to VIVUS from ASTRA. Several additional European Union countries have recently issued licenses for MUSE, including Denmark, The Netherlands, Ireland, Luxembourg and Finland. Currently, ASTRA is planning to launch MUSE in these countries during the second quarter of 1999.
Founded in 1991, VIVUS, Inc. is a leader in the development of advanced therapeutic systems for the treatment of erectile dysfunction, commonly referred to as impotence. VIVUS has pioneered a novel therapy for erectile dysfunction known as the transurethral system for erection. This therapy consists of a proprietary, non-invasive drug delivery system that delivers pharmacologic agents via the urethra.
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CONTACT: VIVUS, Inc., Mountain View
Nina W. Ferrari, 650/934-5200 (Director, Corp. Comm.)
IR@VIVUS.com |