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Published on 7/25/2006 in the Prospect News Biotech Daily.

New River to co-promote NRP104

By Elaine Rigoli

Tampa, Fla., July 25 - New River Pharmaceuticals Inc. announced its first exercise of its right to co-promote NRP104 in the United States, including territories and possessions.

NRP104 is the subject of a collaboration between New River and Shire plc.

The co-promotion activities of New River will start in six months or upon the commercial launch of NRP104, whichever occurs later, the company said in a news release.

In exercising its option to co-promote NRP104, New River will co-promote the product for at least 24 months and provide 25% of the total details for the product during the 24-month period.

New River is a specialty pharmaceutical company located in Radford, Va.


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