Vivus, Inc.: VVUS (NASDAQ)
VIVUS Awarded Patent for the Use of Phosphodiesterase Inhibitors to Treat Premature Ejaculation
MOUNTAIN VIEW, Calif.--June 11, 2002--VIVUS, Inc. (Nasdaq NM:VVUS), a developer of innovative pharmaceutical products to improve quality of life, has been awarded Patent No. 6,403,597 entitled, "Administration of Phosphodiesterase Inhibitors for the Treatment of Premature Ejaculation," by the U.S. Patent & Trademark Office. "The use of phosphodiesterase (PDE5) inhibitors to treat premature ejaculation (PE) has the potential to become an important medical advance," said Dr. John Dietrich, Vice President of Research and Development at VIVUS. "PDE5 inhibitor therapy may ultimately become an on-demand treatment that delays ejaculation in these patients while improving their erectile function," added Dr. Dietrich. In preliminary studies(1,2), PDE5 inhibitor therapy was shown to be significantly more effective in delaying ejaculation in men with PE than anti-depressant therapy which is currently being used by physicians off-label to treat PE. In addition, PDE5 inhibitor therapy appears to be better tolerated and importantly patients reported a much higher level of sexual satisfaction while receiving the PDE5 inhibitor therapy. "While VIVUS is currently developing TA-1790, a novel oral PDE5 inhibitor, for the treatment of ED, we are assessing all opportunities including working with other companies with PDE5 inhibitors in order to maximize the value of this intellectual property," said Leland F. Wilson, President and CEO at VIVUS. "We will also continue to develop VI-0134, our existing compound in development for PE, until comparative trials have been completed," added Mr. Wilson. "The market potential for an effective product to treat PE is substantial," commented Mr. Wilson. In a national scientific survey, 28.5% of men aged 18-59 reported experiencing PE over a period of at least several months. By comparison, in the same group of respondents only 10.4% reported experiencing difficulty in achieving and maintaining an erection(3). Today, there is no approved medical therapy for the treatment of PE, even though some experts believe PE patients constitute the largest subset of patients with sexual dysfunction.
VIVUS, Inc. is a pharmaceutical company engaged in the development of innovative therapies for the treatment of quality-of-life disorders in men and women, with a focus on sexual dysfunction. Current development programs target Female Sexual Dysfunction (FSD), Erectile Dysfunction (ED) and Premature Ejaculation (PE). The Company developed and markets in the U.S. MUSE(R) (alprostadil) and ACTIS(R), two innovations in the treatment of erectile dysfunction, and has partnered with Abbott Laboratories (NYSE:ABT) for the international marketing and distribution of its male transurethral ED products. In Canada, VIVUS has partnered exclusively with Paladin Labs (TSE:PLB) to market and distribute MUSE.
References:
-- 1. Abdel-Hamid. Assessment of as needed use of pharmacotherapy and the pause-squeeze technique in premature ejaculation. International Journal of Impotence Research. 2001;13:41-45.
-- 2. Chen, J. Role of Sildenafil in the Treatment of Premature Ejaculation. International Journal of Impotence Research. 2001;13-4:S48- #133
-- 3. Laumann, E., et al., in The Social Organization of Sexuality: Sexual Practices in the United States. 1994, The University of Chicago Press: Chicago IL.
This news release contains forward-looking statements about the potential commercialization of products in treating male sexual dysfunction and reflects management's current beliefs. However, as with any pharmaceutical under development, there are significant risks in development, regulatory approval and commercialization of new products. There are no guarantees that any product will receive regulatory approval for any indication. Further, even if the Company were to receive regulatory approval for a product, there could be no assurance that such a product would prove to be commercially successful. Please see the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's Form 10-K and Forms 10-Q, which identify these and other risks and uncertainties that may cause actual results or events to differ materially from those described in this news release.
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CONTACT: VIVUS, Inc. Richard Walliser, 650/934-5200 ir@vivus.com, www.vivus.com or VIVUS Media Contact -- Lisa Lindberg, 212/825-3210, theproteam@aol.com or Investor Relations -- Lippert/Heilshorn & Associates, Inc. Bruce Voss/Jody Cain, 310/691-7100 bvoss@lhai.com / jcain@lhai.com |