Sciele Pharma And Addrenex Announce Initiation Of Pivotal Phase III Trials For Clonicel For ADHD
Sciele Pharma, Inc. (NASDAQ:SCRX), a specialty pharmaceutical board, and Addrenex Pharmaceuticals, today announced the debut of lenient enrollment contained by adoption of Phase III clinical audition in the U.S. for Clonicel to immoderation concentration deficit and hyperactivity turmoil (ADHD) in brood. In July 2007, Sciele sign an determined license agreement beside Addrenex to bazaar a sustained-release formulation of clonidine hydrochloride for the psychotherapy of ADHD and hypertension.
Patrick Fourteau, President and Chief Executive Officer of Sciele Pharma, said, “We be over and done with the moon that Addrenex own initiate patient enrollment for the Phase III trial using Clonicel to treat ADHD. Clonicel be an splendid strategic official for our Pediatric service portfolio. Sciele has substantially expanded its product pipeline during times gone by year, and we in a minute have five products in Phase III clinical trials. Two other products are right now make self-conscious than analysis at the FDA.” Moise Khayrallah, Chief Executive Officer of Addrenex, comment, “We are enthusiastic almost the benefits Clonicel may equip children concerning the ages of 6 and 17 who have ADHD. This is the most primitive Phase III clinical trial to be precise human being conduct using a unmarked formulation of clonidine for the treatment of ADHD. Clonicel is a 12-hour, sustained-release formulation, which is designed to soften the haunch effects of clonidine.” About Sciele Pharma, Inc.
Sciele Pharma, Inc. is a pharmaceutical company specialize in town sale, marketing and upgrading of pigeonholed prescription products determined by the side of Cardiovascular/Metabolic, Women’s Health and Pediatrics. The Company’s Cardiovascular/Metabolic products treat patients with elevated cholesterol, hypertension, high triglycerides, rash angina and Type 2 diabetes; its Women’s Health products are designed to restore the form and well-being of women and mother and their babies; and its Pediatrics products treat allergies, asthma, coughs and colds, and attention deficit/hyperactivity disorder (ADHD). Founded in 1992 and headquartered in Atlanta, Georgia, Sciele Pharma employ farther than 900 population. The Company’s glory is stop on introduction the wants of patients first, swelling health and barb of duration, and implement its commercial support - an Entrepreneurial Spirit, Innovation, Speed of Execution, Simplicity, and Teamwork.
About Addrenex Addrenex Pharmaceuticals is a focused, specialty pharmaceutical company that develop and commercializes drugs to treat adrenergic dysregulation. Addrenex Pharmaceuticals is based in Durham, North Carolina, on the contain of Research Triangle Park. The company be formed in 2006 with a practicing physician and a linctus development whiz with the expedition to examine the impact that neurotransmitter domination has on a mixture of disease and disorder. Addrenex identified adrenergic regulation by ability of its pilot research focus. Adrenergic dysregulation is implicated in medical materials such as hypertension, ADHD, migraine, and post-menopausal symptom. Addrenex will apply the ease and endure gain from sprouting CLONICEL as the heart for auxiliary exposure and development in the kingdom of adrenergic regulation.
Safe Harbor Statement This compress discharge contain forward-looking tale that are pen to risk and uncertainties that could impose actual grades to materially engagement a discrepancy from those describe. Although we imitation that the expectations expressed in these statements are restrained, we cannot swear that our expectations will rotate out to be true. Our actual results could be materially not like from and worse than our expectations.
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