Wyeth-Ayerst and TheraTech Collaborate to Market Testosterone Transdermal Patch
TheraTech Inc. and Wyeth-Ayerst International Inc., a division of American Home Products Corp., have entered into an agreement to market TheraTech's testosterone transdermal patch in Mexico, Central and South America, non-French-speaking Africa, and the Middle East. The patch is intended for the treatment of male hypogonadism, a condition in which the body produces insufficient amounts of testosterone. The agreement gives Wyeth-Ayerst exclusive marketing and distribution rights in those countries, while TheraTech retains manufacturing rights and receives fees and milestone payments.
Key Takeaways:
- The testosterone transdermal patch is designed to treat male hypogonadism, a condition affecting 4-5 million men in the United States alone.
- The patch is intended to deliver testosterone through the skin in a manner that mimics the normal physiological pattern of testosterone production in healthy young men.
- Wyeth-Ayerst has secured exclusive marketing and distribution rights for the patch in Mexico, Central and South America, non-French-speaking Africa, and the Middle East.
- TheraTech has retained manufacturing rights and will receive fees and milestone payments from Wyeth-Ayerst under the agreement.
- The patch is a patient-friendly treatment option, producing physiological hormone levels.
- TheraTech has established marketing and distribution for its testosterone patch worldwide, except for parts of Asia.
- TheraTech has partnered with several companies, including Procter & Gamble, Pfizer, SmithKline Beecham, Solvay Pharmaceuticals, and Syntex, for research and licensing agreements.
Statistics:
- 4-5 million men in the United States alone suffer from testosterone deficiency.
- The testosterone transdermal patch is designed to mimic the normal physiological pattern of testosterone production in healthy young men.
- TheraTech patch is a patient-friendly treatment option, producing physiological hormone levels.
Sources:
- "Wyeth-Ayerst and TheraTech Announce Agreement to Market TheraTech's Testosterone Transdermal Patch." Business Wire, October 12, 1995.
- TheraTech Inc. press release, as reported in Business Wire, October 12, 1995.