Sosei Announces Completion of Phase II Trial of AD 337 in Fibromyalgi...(international biopharmaceuticalcompany w...)

Date:9/18/2007

international biopharmaceutical company with significant expertise in product discovery and development. It has established a reduced risk business model primarily upon identifying new uses for established drugs and exploiting its unique position within Japanese, European and North American pharmaceutical markets by acquiring compounds from, and bringing compounds into, Japan.

For further information about Sosei, please visit http://www.sosei.com.

About Fibromyalgia

Fibromyalgia syndrome predominantly affects women between the ages of 35 and 60 with an estimated prevalence of 2% in the USA. The disease is characterised by widespread musculoskeletal pain that presents with a number of co-morbidities including fatigue, sleep disturbance and depression. The aetiology of the syndrome is not well understood but serotonin (5-HT) and noradrenalin (NA) dysfunction is believed to be a contributory factor. To date only one drug, Lyrica (pregabalin) is specifically indicated for FMS and approval in the USA was only granted in June 2007. Accordingly, therapy continues to be based on a variety of treatments used to deal with various fibromyalgia symptoms.

The global market for such treatments is currently worth some $350m and is expected to grow to around $1.7 billion in the next 10 years as further new therapeutic options specifically indicated for fibromyalgia become available.

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SOURCE Sosei Group Corporation Copyright©2007 PR Newswire. All rights reserved

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