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Archimedes Pharma Announces Successful Proof-of-Concept Results on Two Intranasal Development Projects
Date:2/26/2009

uce fast, effective and convenient treatment for breakthrough cancer pain. Results from Phase III trails show NasalFent to have class-leading characteristics. This product, which has blockbuster potential, is targeted for launch in 2010 and Archimedes will market it through its own sales teams in Western Europe. Archimedes' other pipeline products include intranasal Apomorphine for advanced Parkinson's disease and intranasal Diazepam for acute repetitive seizures.

Archimedes technologies - ChiSys(R), PecSys and TARGIT(R) - are also used in a number of partnered products in late-stage clinical development. Additionally, Archimedes' innovative drug delivery technology has proven potential for vaccine delivery with pre-clinical and clinical studies of nasally administered vaccines demonstrating enhanced immune response.

Archimedes marketed products include Gliadel, a biodegradable wafer impregnated with an anti-cancer drug, carmustine, for high-grade glioma; Zomorph and Oramorph both morphine products for pain; and Pabrinex, a high potency vitamin formulation used to treat the symptoms of malnutrition especially in patients with acute alcohol problems.

Archimedes Pharma is UK based, with offices in Reading and development facilities in Nottingham. Further European commercial operations are established in Ireland, France and Germany. The Company was founded in December 2004 and is backed by Warburg Pincus, a leading private equity investor with extensive experience in the healthcare sector. In 2008, Archimedes had sales of GBP20.4 million.

Enquiries

Archimedes Pharma: Michael Clark, +44-118-931-5050

Citigate Dewe Rogerson: Chris Gardner/Heather Keohane, +44-207-638-9571 (media enquiries)

Trout International LLC: Mike Booth, +44-20-7936-9326 (investor enquiries)

For more information on Archimedes, visit:

SOURCE Archimedes Pharma Limited
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