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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Philip B. Reitano who wrote (2894)12/1/1997 8:09:00 AM
From: Linda Kaplan  Respond to of 23519
 
Headline: Vivus Announces U.K. Approval of MUSE -- alprostadil

======================================================================
MENLO PARK, Calif.--(BW HealthWire)--Dec. 1, 1997--VIVUS, Inc.
(NASDAQ:VVUS) today announced that MUSE(R) (alprostadil), the
Company's treatment for erectile dysfunction, has received
authorization from the Medicines Control Agency to market MUSE in the
United Kingdom.
Astra Pharmaceuticals Ltd. based in Kings Langley, England, will
market the product in the U.K. under a distribution agreement between
Astra AB of Sweden and VIVUS International.
"We are proud to have Astra as our marketing and distribution
partner for the U.K.," stated Leland Wilson, President and Chief
Executive Officer of VIVUS. "Initial acceptance of MUSE in the
United States has been very strong, allowing the product to become
the leader in the U.S. erectile dysfunction market during its first
nine months on the market."
Terry Nida, Vice President, Europe, will facilitate the
activities of the Company in Europe from a subsidiary, VIVUS, U.K.
Ltd., which is headquartered in Windsor, U.K.
MUSE (alprostadil), a treatment for erectile dysfunction, is a
pre-filled, single-use plastic applicator containing the drug
alprostadil, a medication that increases penile blood flow. MUSE,
launched in the U.S. in January 1997, had U.S. product sales of over $100
million in the first nine months of 1997.
"Astra U.K. will soon launch MUSE in the U.K. as the lead market in
the European Union (EU). We anticipate registration of the product
in most of the EU countries during 1998," said an Astra
spokesperson.
The U.K. approval triggers a $2 million milestone payment to VIVUS
from Astra under the terms of an agreement with Astra signed in May
1996. Astra will market and distribute MUSE in Europe, Australia and
New Zealand as well as the South and Central American countries, once
individual country approvals are obtained.
Founded in 1991, VIVUS, Inc. is a leader in the development of
advanced therapeutic systems for the treatment of erectile
dysfunction. 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.
Note to editors and investors: MUSE is a registered trademark of
VIVUS Inc. Additional written materials, recent releases and Company
information are available through a variety of sources, including:
the VIVUS home page (www.vivus.com) and the VIVUS Fax-On-Demand
Service (1-888-329-5719).

CONTACT: VIVUS, Inc.
Nina W. Ferrari, 415/325-5511 (Director, IR)
David Yntema, 415/325-5511 (CFO)
IR@VIVUS.com

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: MEDICINE PHARMACEUTICAL PRODUCT

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com

Copyright 1997, Business Wire



To: Philip B. Reitano who wrote (2894)12/1/1997 8:12:00 AM
From: Zebra 365  Read Replies (1) | Respond to of 23519
 
VVUS RECEIVES UK APPROVAL !!

biz.yahoo.com

Vivus Announces U.K. Approval of MUSE -- alprostadil
MENLO PARK, Calif.--(BW HealthWire)--Dec. 1, 1997--VIVUS, Inc. (NASDAQ:VVUS - news) today announced that MUSE(R) (alprostadil), the Company's treatment for erectile dysfunction, has received authorization from the Medicines Control Agency to market MUSE in the United Kingdom.

Astra Pharmaceuticals Ltd. based in Kings Langley, England, will market the product in the U.K. under a distribution agreement between Astra AB of Sweden and VIVUS International.

''We are proud to have Astra as our marketing and distribution partner for the U.K.,'' stated Leland Wilson, President and Chief Executive Officer of VIVUS. ''Initial acceptance of MUSE in the United States has been very strong, allowing the product to become the leader in the U.S. erectile dysfunction market during its first nine months on the market.''

Terry Nida, Vice President, Europe, will facilitate the activities of the Company in Europe from a subsidiary, VIVUS, U.K. Ltd., which is headquartered in Windsor, U.K.

MUSE (alprostadil), a treatment for erectile dysfunction, is a pre-filled, single-use plastic applicator containing the drug alprostadil, a medication that increases penile blood flow. MUSE, launched in the U.S. in January 1997, had U.S. product sales of over $100 million in the first nine months of 1997.

''Astra U.K. will soon launch MUSE in the U.K. as the lead market in the European Union (EU). We anticipate registration of the product in most of the EU countries during 1998,'' said an Astra spokesperson.

The U.K. approval triggers a $2 million milestone payment to VIVUS from Astra under the terms of an agreement with Astra signed in May 1996. Astra will market and distribute MUSE in Europe, Australia and New Zealand as well as the South and Central American countries, once individual country approvals are obtained.

Founded in 1991, VIVUS, Inc. is a leader in the development of advanced therapeutic systems for the treatment of erectile dysfunction. 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.

Note to editors and investors: MUSE is a registered trademark of VIVUS Inc. Additional written materials, recent releases and Company information are available through a variety of sources, including: the VIVUS home page (www.vivus.com) and the VIVUS Fax-On-Demand Service (1-888-329-5719).

----------------------------------------------------------------------
Contact:
VIVUS, Inc.
Nina W. Ferrari, 415/325-5511 (Director, IR)
David Yntema, 415/325-5511 (CFO)
IR@VIVUS.com

----------------------------------------------------------------------



To: Philip B. Reitano who wrote (2894)12/1/1997 8:42:00 AM
From: Anaxagoras  Read Replies (2) | Respond to of 23519
 
YES!
Two down, one to go.
:-)

Anaxagoras