BRUSSELS, BELGIUM--(Marketwire - February 10, 2009) -
UCB focuses on indications in central nervous system (CNS) and
immunology, in-line with its SHAPE programme
Brussels (Belgium), February 10, 2009 at 6:00 PM (CET) - press
release, regulated information - UCB announced today that it has
agreed to sell world-wide rights to its anti-haemorrhagic product
Somatostatine-UCB™ to Eumedica.
Somatostatine-UCB™ is indicated for the treatment of acute upper
gastrointestinal bleeding resulting from gastric and duodenal ulcers
and other. Somatostatine-UCB™ is being used in hospitals in more
than 25 markets worldwide, for more than 20 years, especially in
Western Europe. UCB's world-wide 2008 net sales of
Somatostatine-UCB™ were approx. EUR 11.4 million. UCB receives a
cash consideration of an industry average sales multiple for
established products. Further details of the agreement are not
disclosed.
About UCB
UCB, Brussels, Belgium (www.ucb-group.com) is a global
biopharmaceutical company dedicated to the research, development and
commercialization of innovative medicines with a focus on the fields
of central nervous system and immunology disorders. Employing more
than 10 000 people in over 40 countries, UCB expects to achieve
revenue of at least 3.3 billion Euro in 2008. UCB is listed on
Euronext Brussels (symbol: UCB).
Further information:
Michael Tuck-Sherman, Investor Relations, UCB
T +32.2.559.9712, Michael.tuck-sherman@ucb.com
About Eumedica
Eumedica (www.eumedica.com) is a niche pharma group, created in 1986,
focusing on pharmaceutical products responding to urgent medical
needs. The group is mainly present in the Benelux, France, the United
Kingdom, Italy and Switzerland and expects to achieve a turnover of
EUR 43.6 million in 2008. The distribution of Somatostatine-UCB will
be organized from the new worldwide logistical center of the group in
Manage, Belgium.
Further information:
Nicolas Vryghem, Financial Adviser, Eumedica
T +32.497.40.46.44, n.vryghem@eumedica.ch
Forward Looking Statement
This press release contains forward-looking statements based on
current plans, estimates and beliefs of management. Such statements
are subject to risks and uncertainties that may cause actual results
to be materially different from those that may be implied by such
forward-looking statements contained in this press release. Important
factors that could result in such differences include: changes in
general economic, business and competitive conditions, effects of
future judicial decisions, changes in regulation, exchange rate
fluctuations and hiring and retention of its employees.
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below:
http://hugin.info/133973/R/1289164/290229.pdf
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