Purdue Pharmaceutical Products L.P. and Transcept Pharmaceuticals, Inc. Sign Exclusive Agreement to Commercialize Intermezzo(R) in the Uni...((R)) being the first commercially availa...)

Date:8/2/2009

(R)) being the first commercially available sleep aid in the United States in its target indication; the potential reduction of hypnotic sleep aid dosing through use of Intermezzo((R)); and the ability of Transcept to achieve its goal of becoming a fully integrated specialty pharmaceutical company. Transcept may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on these forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. Various important factors could cause actual results or events to differ materially from the forward-looking statements that Transcept makes, including risks related to: the opinion of the FDA on the sufficiency of the NDA to support marketing approval of Intermezzo((R)); the grant by the FDA and maintenance of exclusivity to Intermezzo((R)) under Hatch-Waxman; a decision by Purdue to terminate the Collaboration Agreement, even if the Intermezzo((R) )NDA is approved; commercial acceptance of Intermezzo((R)), if approved; competition for Intermezzo((R)), if approved; unforeseen expenses related to FDA approval and the business of Transcept generally; dependence on third parties to manufacture Intermezzo((R)); a decision by Purdue to not devote sufficient time or resources to commercialization of Intermezzo((R)); obtaining, maintaining and protecting the intellectual property incorporated into Intermezzo((R)); other difficulties or delays in the commercialization of Intermezzo((R)), carrying out activities or obtaining payments under the Collaboration Agreement and clinical development of, and obtaining regulatory approval for, Transcept product candidates; the ability of Transcept to expand its product candidate portfolio; and the ability of Transcept to obtain addition
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SOURCE Transcept Pharmaceuticals, Inc.; Purdue Pharmaceutical Products L.P. Copyright©2009 PR Newswire. All rights reserved

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