CIMA Labs and Zeneca Achieve Key Milestone in Migraine Treatment
CIMA Labs, a leader in oral drug delivery systems, has reached a significant milestone in its collaboration with Zeneca, a global biopharmaceutical company. The partnership has led to the submission of a regulatory filing in Europe for Zeneca's migraine treatment, Zomig, in the form of an OraSolv fast-dissolve tablet. This achievement demonstrates the commitment of CIMA Labs to delivering high-quality products in a timely manner and solidifies its partnership with Zeneca.
Key Takeaways:
- CIMA Labs and Zeneca have collaborated to develop an OraSolv fast-dissolve tablet of Zeneca's migraine treatment, Zomig, which has been submitted for regulatory review in Europe.
- The partnership was established in September 1997, and the regulatory filing was submitted in just 16 months, highlighting the success of the collaboration.
- John M. Siebert, Ph.D., President and Chief Executive Officer of CIMA Labs, praised Zeneca as an excellent partner and highlighted the significance of this achievement for CIMA Labs.
- OraSolv is a patented oral dosage form designed to improve taste acceptance and address the difficulty of swallowing traditional tablets and capsules.
- CIMA Labs specializes in oral drug delivery systems, including OraSolv, OraSolv SR/CR, DuraSolv, and OraVescent, aimed at improving patient compliance and drug efficacy.
- Zeneca is a $8.6 billion international bioscience business engaged in the research, development, and marketing of pharmaceuticals, agricultural, and specialty chemical products.
Statistics:
- 16 months: The time frame between signing the Development and License Option Agreement in September 1997 and submitting the regulatory filing.
- $8.6 billion: The annual revenue of Zeneca Group PLC.
- $4.66 billion: Worldwide sales of Zeneca Pharmaceuticals in 1998.
- 1997: The year CIMA Labs and Zeneca established their partnership.
- 1998: The year Zeneca reported its worldwide sales.
Sources:
- CIMA LABS INC. press release, February 18 [no date specified]
- Zeneca Group PLC (NYSE: ZEN)
- "About Zeneca" [no date specified]