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Press Release

March 23, 2004
Daiichi Suntory Pharma Co., Ltd.
 

Daiichi Suntory Pharma Entered into License Agreement with Replidyne, Inc.
( USA ) for Anti-bacterial Agent Faropenem Daloxate (penem-type antibiotic)

 

Daiichi Suntory Pharma Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President: George Nakayama), one of the group companies of Daiichi Pharmaceutical Co., Ltd., and Replidyne, Inc. (Headquarters: Louisville, Colorado; President & CEO: Kenneth J. Collins) today announced they have entered into a license agreement for a penem-type antibiotic agent known as faropenem daloxate.

Replidyne has acquired exclusive rights to develop, manufacture and market this agent in the North American countries, USA and Canada . Replidyne plans to start phase III trials for this agent in the U.S. within this year.


Reference: Faropenem daloxate is a prodrug of Faropenem sodium, the first oral penem-type antibiotic launched in 1997 in Japan (marketed by Yamanouchi Pharmaceutical Co., Ltd. with trade name Farom). It is orally active and well absorbed through the gastro-intestinal tract, and transformed into Faropenem. It is effective against various infections, including the problematic antibiotic-resistant bacteria, PRSP (penicillin-resistant Streptococcus pneumoniae).

[Corporate Profile]
Daiichi Suntory Pharma Co., Ltd.
Head Office: 5-7-2 Kojimachi, Chiyoda-ku, Tokyo , JAPAN
President: George Nakayama
Date of Establishment: December 27, 2002
Capital: ¥1 billion
Stockholders: Daiichi Pharmaceutical Co., Ltd. 66%, Suntory Ltd. 34%
Employees (as a group): 340 (as of December 31, 2003 )
Primary Business:

Research and development, manufacture, and sales of pharmaceuticals

Replidyne,Inc.
Head Office: 1450 Infinite Drive , Louisville , CO 80027 U.S.A.
President: Kenneth J. Collins
Date of Establishment: January 2000
Stockholders: Healthcare Ventures, etc.
Employees: 36人 36 (as of December 31, 2003 )
Primary Business:

Research and development of pharmaceuticals