Labopharm To Present Poster On Onset Of Analgesic Effect Of Once-Daily Tramadol At Congress Of The European Society Of Regional Anaesthesia And Pa...(completed a licensing anddistribution ag...),Health

Date:9/14/2007

completed a licensing and distribution agreement for Israel for its once-daily tramadol product with Dexcel Pharma Technologies Ltd. Under the terms of the agreement, Dexcel will have the exclusive right to market and sell Labopharm's once-daily tramadol product in Israel. Labopharm will supply Dexcel with product and will receive revenue at rates commensurate with those of previous licensing and distribution agreements that Labopharm has entered into for European markets. Labopharm will also receive an up front payment.

Dexcel (a Dexxon Company) is a research-based international specialty pharmaceutical company dedicated to treating and preventing human disease through discovery, development, manufacturing and commercialization of innovative pharmaceutical products based on sophisticated proprietary controlled-release oral solid dosage form drug delivery technologies. Dexcel's products treat conditions in the largest therapeutic markets, including Cardiovascular (CVS), Gastroenterology (GE), Central Nervous System (CNS) and Dental Health Care. The company markets more than 65 products in more than 170 dosages.

Labopharm's once-daily formulation of tramadol is currently under regulatory review in Israel. The Company expects a response from the Israeli regulatory authority by mid-2008.

About Labopharm Inc.

Labopharm is an emerging leader in optimizing the performance of existing small molecule drugs using its proprietary controlled-release technologies. The Company's lead product, a unique once-daily formulation of tramadol, is being commercially launched in key markets globally. The Company has a robust pipeline of follow-on products in both pre-clinical and clinical development. Labopharm's vision is to become a fully integrated, international, specialty pharmaceutical company with the capability to internally develop and commercialize its own products. For more information, please visit http:
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SOURCE Labopharm Inc. Copyright©2007 PR Newswire. All rights reserved

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