Helsinn Healthcare and Zealand Pharma Sign a Partnering Agreement for ZP1846, a Novel GLP...(hlight the exciting compounds that our u...)

Date:11/27/2008

hlight the exciting compounds that our unique approach to drug discovery and development delivers. This approach, which combines a creative R&D culture and a strong focus on commercialization, has enabled us to successfully progress ZP1846 from discovery through to clinical trials in just four years, creating significant value for our shareholders."

Dr. David Solomon, Chief Executive Officer of Zealand Pharma further commented: "We are delighted to be able to work with Helsinn on the development and commercialization of ZP1846. Helsinn Healthcare has a very strong worldwide presence in the cancer supportive care treatment area where ZP1846 will be a very important product in the prevention and/or treatment of injuries to the intestinal epithelium caused by chemotherapy treatment."

About chemotherapy-induced diarrhea

Chemotherapy-induced diarrhea is a serious debilitating condition affecting patients undergoing treatment with anti-cancer therapies and this gastrointestinal injury may lead to serious complications such as malnutrition, sepsis, dehydration and kidney insufficiency.

There is a strong need for drugs that are able to prevent or treat the mucosal damage and eliminate the diarrhea induced by chemotherapy, and we believe that ZP1846 is useful treatment and/or prevention of an unmet medical need like chemotherapy-induced diarrhea.

About Helsinn Healthcare

Helsinn Healthcare is a privately owned pharmaceutical group with headquarters in Switzerland. Helsinn Healthcare's core business is the licensing of pharmaceuticals in therapeutic areas (oncology, cancer supportive care, pain and inflammation, gastrointestinal). The company's business strategy is to in-license early-stage new chemical entities and to complete their development from the performance of pre-clinical/clinical studies and CMC development to the attainment of market approvals in strategic
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SOURCE Helsinn Healthcare SA Copyright©2008 PR Newswire. All rights reserved

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