armaceuticals, Inc
Lisa Conte, Chief Executive Officer (001) + 650 616 1902
Charles Thompson, Chief Financial Officer (001) + 650 616 1903
Buchanan Communications 020 7466 5000
Tim Anderson, Mary-Jane Johnson
Russo Partners, LLC (001) + 619 814 3510
Greg Geissman
D-IBS
Irritable Bowel Syndrome ("IBS") is characterized by a
constellation of gastro intestinal symptoms including diarrhea,
constipation (or alternation of the two), urgency, and abdominal
pain. IBS may affect up to 20 percent of the population in the US
(estimates range from 15-20 percent; of whom 70 percent are women).
More than 60 percent of the affected patients are managing either
diarrhea predominant IBS ("D-IBS") or alternating IBS.
IBS ranks second only to the common cold as a cause of lost work
time in the U.S. In addition, the disease accounts for
approximately 3 million physician visits in the U.S. each year,
costing the U.S. economy an estimated $30 billion annually. The
global market could be over $15 billion for a safe and effective
D-IBS product.
About Trine
Trine has licensed the worldwide development and
commercialization rights to crofelemer for the indication of
diarrhea predominant Irritable Bowel Syndrome (IBS), in exchange
for a profit split with Napo on sales of the product for that
indication. Additionally, Trine has the commercialization rights to
CRO-HIV in North America in exchange for a 50 percent profit
split.
Trine is a venture capital-backed firm based in Newton, Mass.
Trine is currently conducting a Phase 2b study of crofelemer for
diarrhoea-predominant- IBS.
About Napo
Napo Pharmaceuticals Inc. focuses on the development and
commercialization of proprietary pharmaceuticals for the global
marketplace in collaboration with local partners. Napo was founded
in November 2001 and is based in South San Francisco, Calif., w
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