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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Pentixapharm Holding AG | TG:PTP | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.05 | -1.68% | 2.935 | 2.90 | 2.965 | 3.015 | 2.905 | 3.015 | 15,557 | 22:50:04 |
RNS Number:1181T Profile Therapeutics PLC 11 December 2003 Immediate Release 11 December 2003 Profile Therapeutics plc Intelligent inhaler agreement with Schering France Profile Therapeutics plc ("Profile"), which develops and commercialises specialist inhaled therapies, is delighted to announce that it has agreed to supply Schering S.A. ("Schering France") with its Prodose intelligent inhalers to support Schering's product Ventavis(R), their recently-approved medicine for Primary Pulmonary Hypertension. This is the second Schering subsidiary that will launch Ventavis to its patients in conjunction with Prodose. In October Profile announced that it had agreed a supply and services agreement with Schering Healthcare Ltd for the UK, another key European market. Profile is supplying an initial order of over 60 devices to Schering France and will receive an annual fee for each patient. Primary Pulmonary Hypertension is a rare lung disorder in which the blood pressure in the pulmonary artery rises far above normal levels for no apparent reason1. There are around 100 patients in France and approximately 2,000 across Europe. Profile is continuing to discuss with Schering AG how it can support Ventavis in other European markets. Commenting on today's announcement, John Lisle, Chief Executive of Profile, said: "I am very pleased that Schering S.A., France has become the second market to adopt Prodose for their Ventavis patients. It is great news for patients as it gives them a state-of-the-art delivery system to help improve the effectiveness of their treatment and their quality of life. The agreement further underlines the value of the Prodose intelligent inhaler, which we first launched in November 2002." - ENDS - 1 Primary Pulmonary Hypertension: division of lung diseases and office of prevention, education and control. US department of Health and Human Services. Public Health Service. National Institutes of Health. National Heart, Lung and Blood Institute. NIH Publication No. 96-3291, Revised November 1996. For further information, please contact: Profile Therapeutics John Lisle, Chief Executive Officer Tel: 0870 770 2000 Simon McGuire, Sales & Marketing Director Buchanan Communications Tel: 020 7466 5000 Tim Anderson James Strong Notes to Editors: Profile Therapeutics plc develops and commercialises specialist inhaled therapies to improve the treatment of respiratory patients. Profile's core patient groups are the young, the elderly and individuals with severe respiratory impairment. The diseases targeted by Profile include: cystic fibrosis, primary pulmonary hypertension, asthma, emphysema, chronic bronchitis, sleep disorders and Chronic Obstructive Pulmonary Disease ("COPD"). Profile has developed proprietary innovative delivery systems using its " intelligent inhaler" technology known as Adaptive Aerosol Delivery or AAD(R). These systems automatically respond to individual patients' breathing patterns to deliver a precise dose and have been shown under long-term clinical trials to significantly enhance patient compliance to therapy. Profile's first drug PromixinTM, an inhaled antibiotic for cystic fibrosis patients, was launched in the UK in March 2003. Schering's Ventavis(R) is the second medicine to be delivered using the Prodose. Profile recently announced an agreement to supply CoTherix Inc with Prodose intelligent inhalers to develop an inhaled Iloprost product for the US market. Profile has also formed a joint venture with Breath Ltd. to develop a range of respiratory medicines for the US market with the Prodose HandHeld, which is currently in development for launch in 2004. This information is provided by RNS The company news service from the London Stock Exchange END AGRNKKKDOBDDCBD
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