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Biotech / Medical : Elan Corporation, plc (ELN) -- Ignore unavailable to you. Want to Upgrade?


To: biostruggle who wrote (3103)8/21/2002 5:16:20 PM
From: dalroi  Respond to of 10345
 
Marvin

Any idea how big those royalties are ?

cheers

S



To: biostruggle who wrote (3103)8/21/2002 5:43:26 PM
From: Qualified Opinion  Read Replies (1) | Respond to of 10345
 
FDA Grants Marketing Clearance For Ritalin(R) LA, A Once-Daily Formulation of Ritalin(R) For ADHD That Lasts Through The Entire School Day
Video Available Soon At: prnewswire.com
NEW YORK, Aug. 21 /PRNewswire/ -- ADHD is the most studied childhood psychiatric disorder and it can have a profound impact on children and their families. Because of the severity and pervasiveness of the symptoms, ADHD can cause problems academically, socially and psychologically, affecting a child's self-esteem and ability to reach his/her full potential.

Today, Novartis Pharmaceuticals Corporation announced that the U.S. Food and Drug Administration (FDA) has granted marketing clearance for Ritalin® LA (methylphenidate HCl) extended-release capsules, a new once-daily formulation of Ritalin® (methylphenidate HCl) that eliminates the need for a mid-day dose during school. The "LA" stands for long acting", which means that the medication only needs to be taken once in the morning.

This video news release profiles a child who is being treated for ADHD and features an interview with a Harvard psychiatrist and animation of how medicine for ADHD works.

SOUNDBITES:
* Thomas Spencer, M.D., Associate Professor of Psychiatry, Harvard
Medical School and Assistant Director of the Pediatric
Psychopharmacology Research Program at Massachusetts General Hospital.

* Jonathan Adler, 7 yr. old with ADHD.

Video Provided By: Novartis Pharmaceuticals Corporation

FOR TECHNICAL INFORMATION OR HARD COPY REQUESTS PLEASE CALL:
Maria McCarthy at: 212-375-0021

SOURCE: Novartis Pharmaceuticals Corporation

Link:http://biz.yahoo.com/prnews/020821/nyw021_1.html