BARRIER ACQUIRES VANIQA CANADIAN DISTRIBUTION RIGHTS.Barrier Therapeutics, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BTRX), Princeton, N.J., a pharmaceutical company developing products in the field of dermatology, has acquired the right to distribute VANIQA(r) (eflornithine hydrochloride e·flor·ni·thine hydrochloride n. An antineoplastic and antiprotozoal orphan drug used in the treatment of Pneumocystis carinii pneumonia in AIDS and of sleeping sickness caused by Gambian trypanosomia. ) Cream, 13.9% in Canada from Shire Pharmaceutical Contracts Limited. VANIQA(r) is currently the only prescription product approved by Health Canada for slowing the growth of unwanted facial hair in women. Under the terms of the agreement, Barrier is the exclusive distributor for VANIQA(r) in the Canadian territory and is responsible for all sales, marketing, regulatory and distribution activities. Shire Pharmaceuticals is the supplier of finished goods for Barrier. "Having acquired the rights to sell VANIQA(r) in Canada, along with our existing product Solag(r), we will immediately begin to build our own sales and marketing organization in Canada," commented Al Altomari, chief commercial officer. "We view Canada as an important market in our global commercialization plans, as it provides us an opportunity to leverage our existing commercial infrastructure." About VANIQA(r) (eflornithine hydrochloride) Cream, 13.9% VANIQA(r) is the only prescription product approved by Health Canada for slowing the growth of unwanted facial hair in women. VANIQA(r) works during the growth phase of the hair cycle by blocking an enzyme that is necessary for hair growth. VANIQA(r) does not remove facial hair; instead, it is designed to reduce the rate of growth of facial hair and increase the interval between periods of hair removal when used together with traditional hair removal methods such as shaving, waxing and tweezing. Clinical trials have shown results from the use of VANIQA(r) in four to eight weeks from initial application, with continued improvement over time. VANIQA(r) is approved for sale in 39 countries, including the United States, Canada, the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community , and major Latin American countries. About Barrier Therapeutics, Inc. Barrier Therapeutics, Inc. is a pharmaceutical company focused on the discovery, development and commercialization of pharmaceutical products in the field of dermatology. The company currently markets Solag(r) (mequinol 2%, tretinoin tretinoin /tret·i·noin/ (tret´i-noin?) the all-trans stereoisomer of retinoic acid, used as a topical keratolytic in the treatment of acne vulgaris and disorders of keratinization and administered orally in the treatment of acute 0.01%) Topical Solution in the U.S. and Canada for the treatment of solar lentigines lentigines /len·tig·i·nes/ (len-tij´i-nez) plural of lentigo. , a common condition also known as "age spots" or "liver spots liver spots Age spots, lentigos, senile lentigines, sun-induced skin changes Dermatology A nonspecific lay term for red-brown skin lesions associated with aging–eg, pigmented seborrheic keratosis and lentigo senilis. See Lentigines. ," and for the broader indication including related hyperpigmented lesions in Canada. Barrier has eight product candidates in various stages of clinical development. The four most advanced product candidates include one for the treatment of diaper dermatitis complicated by candidiasis candidiasis (kăn'dĭdī`əsĭs), infection of the mucous membranes caused by the fungus Candida albicans. Other terms for candidiasis are yeast infection, moniliasis (after a former name of the fungal genus), and thrush, the , which is in registration, and three products, which are in or entering Phase 3 clinical trials for the treatment of seborrheic dermatitis, fungal infections, including vaginal candidiasis and onychomycosis, and congenital ichthyosis Ichthyosis Definition Derived from two Greek words meaning "fish" and "disease," ichthyosis is a congenital (meaning present at birth) dermatological (skin) disease that is represented by thick, scaly skin. . Barrier has product candidates in earlier stages of clinical development for the treatment of acne, psoriasis and fungal infections. The company is headquartered in Princeton, New Jersey
Princeton, New Jersey is located in Mercer County, New Jersey, United States. Princeton University has been sited in the town since 1756. and has wholly owned subsidiaries in Geel, Belgium and Ontario, Canada. For more information, call 212/845-4274 or visit http://www.barriertherapeutics.com. |
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