Shionogi Acquires Exclusive Marketing and Distribution Rights for CEDAX(R) (ceftibuten) in the United States
27 August 2004 - 11:30PM
PR Newswire (US)
Shionogi Acquires Exclusive Marketing and Distribution Rights for
CEDAX(R) (ceftibuten) in the United States OSAKA, Japan, and
FLORHAM PARK, N.J., Aug. 27 /PRNewswire-FirstCall/ -- Shionogi
& Co., Ltd., a leading Japanese pharmaceutical company focused
on the development and commercialization of novel therapeutics, has
acquired exclusive marketing and distribution rights for CEDAX(R)
(ceftibuten) in the United States, including Puerto Rico. Following
a brief period of transition, Shionogi USA, Inc., a wholly-owned
subsidiary of Shionogi & Co, Ltd., will begin marketing and
distributing CEDAX(R). Ownership of the CEDAX(R) NDA will also be
transferred to Shionogi USA, Inc. Since it's formation in 2001,
Shionogi USA has focused primarily on advancing clinical
development programs for novel therapeutics discovered by Shionogi
& Co, Ltd.'s research laboratories in Japan. By obtaining
exclusive marketing and distribution rights for CEDAX(R), Shionogi
USA has now expanded its infrastructure to support commercial
activities. In promoting CEDAX(R), Shionogi USA will utilize a
contract sales force provided by PDI, Inc. The marketing and
distribution of CEDAX(R) in the United States represents a
significant milestone in Shionogi's long-term globalization
strategy. With the expansion of Shionogi USA, Inc., Shionogi &
Co, Ltd. is building the infrastructure and expertise necessary to
independently support the development and commercialization of
pharmaceutical products in the United States. About Cedax:
CEDAX(R), a third generation cephalosporin antibiotic, was
originally discovered by Shionogi & Co, Ltd. and licensed to
Schering-Plough Corporation outside of Japan. The product received
US NDA approval in 1995, and was most recently marketed and
distributed in the United States by Biovail Pharmaceuticals Inc.
CEDAX(R) is indicated for the treatment of acute exacerbations of
chronic bronchitis, acute otitis media, and
pharyngitis/tonsillitis. CEDAX(R) is a once a day medication
available in capsules and a cherry-flavored suspension. Additional
information on CEDAX(R) can be found at
http://www.shionogiusa.com/cedax DATASOURCE: Shionogi & Co.,
Ltd. CONTACT: Shionogi & Co, Ltd., +81-6-6202-2161, or Shionogi
USA, Inc., +1-973-966-6900 Web site: http://www.shionogiusa.com/
http://www.shionogi.co.jp/
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