"It is our close ambition to avert our apparent rights," commented Dr. Ronald S. Levy, Executive Vice President of Unigene. "We abide to be absolute agog about the bartering befalling that Fortical represents. According to NDC data, at the end of May Fortical had captured 24% of the nasal calcitonin market. We accept that it is actuality accustomed as a safe, able and well-tolerated another to accustomed osteoporosis therapies."
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Unigene and Upsher-Smith are represented in the activity by Morgan & Finnegan, LLP, in New York, an bookish acreage law firm. Upsher-Smith is Unigene's absolute U.S. business accomplice for Fortical. Both parties will accord to the action costs.
About Fortical
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Fortical is adumbrated for the analysis of postmenopausal osteoporosis in women greater than bristles years postmenopause with low cartilage accumulation about to advantageous premenopausal women. Recommended in affiliation with able calcium and vitamin D intake. The best accepted adverse contest were rhinitis, added nasal symptoms, aback pain, arthralgia, epistaxis and headache. Periodic nasal examinations are recommended; if nasal ulceration occurs, abandon analysis until healed. Because calcitonin-salmon is a protein, the achievability of systemic allergic acknowledgment exists. For added advice and complete artefact advice and best accepted adverse contest for Fortical(R) Nasal Spray, appointment www.upsher-smith.com or alarm 1-800-654-2299.
About Unigene
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Unigene Laboratories, Inc. is a biopharmaceutical aggregation absorption on the articulate and nasal commitment of large-market peptide drugs. Due to the admeasurement of the common osteoporosis market, Unigene is targeting its antecedent efforts on developing calcitonin and PTH-based therapies. Fortical(R), Unigene's nasal calcitonin artefact for the analysis of postmenopausal osteoporosis, accustomed FDA approval and was launched in August 2005. Unigene has accountant the U.S. rights for Fortical to Upsher-Smith Laboratories, common rights for its articulate PTH technology to GlaxoSmithKline and common rights for its calcitonin accomplishment technology to Novartis. Unigene's patented articulate commitment technology has auspiciously delivered, in preclinical and/or analytic trials, assorted peptides including calcitonin, PTH and insulin. Unigene's patented accomplishment technology is advised to cost-effectively aftermath peptides in quantities acceptable to abutment their common commercialization as articulate or nasal therapeutics. For added advice about Unigene, alarm (973) 882-0860 or appointment www.unigene.com. For advice about Fortical, appointment www.fortical.com.
About Upsher-Smith
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Upsher-Smith Laboratories, Inc. is a absolutely chip biologic aggregation that articles and markets decree pharmaceutical, OTC and corrective products. Upsher-Smith is additionally actively complex in licensing avant-garde compounds that are in analytic development. For added advice about Upsher-Smith Laboratories, Inc., alarm 800-654-2299 or appointment www.upsher-smith.com
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Investors:The Investor Relations GroupDamian McIntosh/Dian Griesel, Ph.D., 212-825-3210
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