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LG Life Sciences sign a deal to introduce Demomed's Gastric Retention
Published: 2004-08-25 06:59:00
Updated: 2004-08-25 06:59:00
LG Life Sciences said that it signed an exclusive license agreement with the US-based Depomed Inc. to distribute Metformin Gastric Retention (GR) in Korea.
Depomed filed an US NDA for Metformin GR for use in the treatment of diabetes in April after successful completion of Phase III trial. The company is expected to receive a FDA approval during April of 2005.
By lengthening drug retenti...
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