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Biotech / Medical : Zonagen (zona) - good buy? -- Ignore unavailable to you. Want to Upgrade?


To: Dauntless who wrote (2805)3/19/1998 9:11:00 AM
From: Linda Kaplan  Respond to of 7041
 
Headline: Zonagen Announces Product Registration Filed in Mexico for Vasomax

======================================================================
THE WOODLANDS, Texas--(BW HealthWire)--March 19, 1998--
Zonagen, Inc. (NASDAQ:ZONA; Pacific: ZNG) today announced that
Schering-Plough Corporation (NYSE:SGP) has filed a Product
Registration Application in Mexico for Vasomax(TM) for the treatment
of Male Erectile Dysfunction (MED).
"The Product Registration Application in Mexico for Vasomax(TM)
is an important step in the process of commercialization," said Joseph
Podolski, president and chief operating officer of Zonagen.
Vasomax(TM), Zonagen's immediate-release oral formulation of
phentolamine mesylate, was licensed worldwide to Schering-Plough in
November 1997 for the treatment of MED. Vasomax has been tested in
over 300 men in Mexico and more than 3,000 men in the U.S.
Zonagen, Inc. specializes in the development of products and
services for the management of reproductive health. Its technologies
focus on the areas of urology, female health and contraception.
Through its wholly owned subsidiary, Fertility Technologies, Inc.
(FTI), Zonagen sells devices, instruments and supplies to the
fertility specialist and the OB/GYN.
This release may contain certain forward-looking statements,
including statements regarding the clinical investigation, timing,
approval and commercialization of products that involve a number of
risks and uncertainties. Actual events or results may differ from the
company's expectations as a result of risk factors identified in the
Company's reports and registrations as filed with the U.S. Securities
Exchange Commission.

CONTACT: Zonagen Inc., The Woodlands
Jean Anne Mire, 281/367-5892

KEYWORD: TEXAS
INDUSTRY KEYWORD: MEDICINE BIOTECHNOLOGY PHARMACEUTICAL

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