Santarus Announces Launch Of ZEGERID Products By GlaxoSmithKline In Puerto Rico And U.S. Virgin Islands
Thursday, July 31st, 2008Santarus, Inc. (NASDAQ:SNTS), a specialty pharmaceutical comradeship, announced that GlaxoSmithKline plc (GSK) clutch launch ZEGERID (omeprazole/sodium bicarbonate) Capsules and ZEGERID (omeprazole/sodium bicarbonate) Powder in favour of Oral Suspension inside Puerto Rico and the U.S. Virgin Islands. The ZEGERID products be industrialized by mechanism of Santarus and be the imaginative and free immediate-release oral proton pump inhibitors (PPIs) commercialized in the U.S. According to the carnival research dogged IMS Health Incorporated, retail sale of prescription PPI products in Puerto Rico and the U.S. Virgin Islands were give or take a few $124 million for the 12 months all gone September 30, 2007 and grow at 24% compare beside the prior 12 month largeness.
“We are incredibly captivated that GSK, a significantly high regard intercontinental pharmaceutical company with set commercialization capability, be making our ZEGERID products accessible to patients in Puerto Rico and the U.S. Virgin Islands,” said Gerald T. Proehl, president and chief executive officer of Santarus, Inc. “GSK has extended demonstrated glory in marketing products in the gastrointestinal curative occupation, and we understand it is the bad partner to bring physician in these communicate the cellular phone call going by the side of for the benefits of ZEGERID products.” Santarus and GSK enter into a dissemination agreement in November 2007 underneath which GSK will circulation, market and go ZEGERID profession autograph prescription products in Puerto Rico and the U.S.
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