Updated Feb 12, 2009 at 8:2 EST.by PEhomepage.com Editorial Team
Priligy is the first and only drug to be approved for the treatment of PE. This is a major milestone for PE patients. Priligy cannot be bought yet and is expected to be available later this year.
If you are a patient and would like to buy Priligy you will have to wait until the approval and commercialization process is over. This takes 2-3 months.
PPD, a NC based contract research organization will get $5 million in milestone payments now that a drug it licensed has won regulatory approval in
Finland and
Sweden.
PPD ( Nasdaq: PPDI ) will receive a $2.5 million payment for each of the approvals, the company says.
“We are pleased that Janssen-Cilag has received regulatory approvals of dapoxetine in
Finland and
Sweden,” Fred Eshelman, PPD’s chief executive officer, said in a written statement. “As the first approved oral medication for the treatment of premature ejaculation, it represents a significant, innovative advancement in treating this condition. Our partnership with Janssen-Cilag demonstrates our ability to effectively apply our drug development expertise to bring new therapies to market.”
Written by the PEhomepage.com Editorial Team.
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