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Nycomed's Ciclesonide to be Commercialised in the United States by Sepracor
Date:1/28/2008

ZURICH, Switzerland, January 28 /PRNewswire/ -- Nycomed has granted Sepracor, Inc. (NASDAQ: SEPR) the exclusive development, marketing and commercialisation rights for Ciclesonide in the United States. Ciclesonide is Nycomed's patented corticosteroid with a novel principle of action. It is the active ingredient in the ALVESCO(R) Inhalation Aerosol for the treatment of asthma and in the Omnaris(TM) Nasal Spray for the treatment of allergic rhinitis. The agreement complements Sepracor's respiratory portfolio and is a boost to Nycomed's partnering approach for the United States.

- Sepracor acquires exclusive development, marketing and commercialisation rights to the Ciclesonide franchise in the United States

- Ciclesonide is the active ingredient in the ALVESCO(R) Inhalation Aerosol for asthma and the Omnaris(TM) Nasal Spray for allergic rhinitis

- ALVESCO(R) and Omnaris(TM) are FDA-approved and are on track to be launched in 2008

- Agreement is in alignment with Nycomed's strategy to cooperate with the best partners for its key brands in the United States

- Partnership between Nycomed and Sepracor provides a good strategic fit for both companies

Sepracor will gain exclusive rights for Ciclesonide in the United States. Sepracor expects to launch Omnaris(TM) in the 2008 spring allergy season and ALVESCO(R) in the second half of 2008. Sepracor will not only commercialise the approved products ALVESCO(R) and Omnaris(TM), but plans to develop line extensions and additional products broadening the Ciclesonide and current Sepracor respiratory franchise. Nycomed will receive an upfront payment of $150 million and subsequent payments upon accomplishment of various development and sales milestones, which coul
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SOURCE Nycomed International Management AG
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