Corporate Profile for DepoMed Inc., dated Feb. 7.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy An online information service that provides access to the Internet, e-mail and a variety of databases. Launched in 1988, Prodigy was the first consumer-oriented online service in the U.S. , Comtex, and many others. -0-
Published Date: Feb. 7, 1997
Company Name: DepoMed Inc.
Address: 1170 B Chess Drive
Foster City, CA 94404-1167
Main Telephone
Number: 415/513-0990
Chief Executive
Officer: John W. Fara, Ph.D.
Chief Financial
Officer: John F. Hamilton
Investor Relations
Contact: John F. Hamilton
Business number: 415/513-0990
Public Relations
Contact: John F. Hamilton
Business number: 415/513-0990
Industry: Drug delivery
Company description: DepoMed Inc. is headquartered in Foster City, Calif., near San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden . Its mission is to develop new, proprietary drug delivery technologies and innovative products based on these technologies. To date DepoMed has developed two separate oral drug delivery systems. Each has received extensive patent coverage. The technologies provide for: Reduced Irritation The "DepoMed RI System" provides for significant reduction in the GI irritation of drugs with this side effect. As an example, in a standard model for GI irritation, the irritant ir·ri·tant adj. Causing irritation, especially physical irritation. n. A source of irritation. irritant, n 1. an agent that causes an irritation or stimulation. 2. properties of aspirin were reduced by 72% when delivered in the DepoMed system. The drug candidate list for this system is extensive. Gastric Retention The "DepoMed GR System" is designed to be retained in the stomach for a multi-hour period, during which time the incorporated drug is released in a continuous, controlled manner. The GR System is expected to allow for unprecedented effectiveness in the treatment of local stomach disorders and for drugs which are preferentially absorbed in the stomach. Corporate Partnering In mid 1996, DepoMed signed two product development agreements: one with a U.S. biotech bi·o·tech n. Informal Biotechnology. biotech Noun short for biotechnology Noun 1. company and one with a major, multi-national pharmaceutical company. The company is actively seeking additional corporate alliances. CONTACT: DepoMed Inc. |
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