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11 March 2008: CM&D Pharma Incorporates R&D Headquarters in Italy
Chertsey, UK March 11, 2008. CM&D Pharma Limited (CM&D), the European niche specialty company, today announced the incorporation of CM&D Pharma Srl (CM&D Italy), a fully owned subsidiary focused on the development of the CM&D product portfolio.
CM&D Italy, based in the historic university city of Padova, has already made substantial progress in the development of SilSOS™, its nasal decongestant scheduled to be CM&D’s lead product launch later in 2008. Fostrap™, the treatment for hyperphosphataemia, will also have its 18-month development programme driven by CM&D Italy.
Stephen Appelbee, Chief Executive Officer for CM&D, said:
“Our R&D team in Padova, led by Dr Cristina Comelli, can operate most efficiently as a separate business unit, and can draw on local resources and expertise in one of the most prominent centres of medical excellence in Europe. As well as driving CM&D’s own product portfolio through to market, they have already made key contributions to the development of Ossulin™, the oral insulin product owned by Puredel Ltd, CM&D’s joint venture with Natreon Inc.”
Ends
Note to Editors
About CM&D Pharma Limited CM&D Pharma Limited is a European niche specialty company founded in 2007. CM&D plans to become one of the few pan-European pharmaceutical companies targeting specialists in the five major European markets (France, Germany, Italy, Spain and the UK) with its own commercial organisation. It is establishing its own niche product and technology platform for in-house development, and will operate through a unique model of concerted marketing and development.
For further information please contact
Stephen Appelbee,
CM&D CEO: +44 1932 796083,
appelbee@cmdpharmaltd.com
Dr Cristina Comelli,
CM&D R&D Project Leader:
CM&D Pharma Srl Via G. Solitro 11 - 35128 Padova, Italy
Tel: +39 049 6886198
Fax: +39 049 8025473
comelli@cmdpharmaltd.com
SilSOS™, Fostrap™, Ossulin™ are trademarks
of CM&D Pharma Limited
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