Philip Ninan, M.D., Vice President, Neuroscience at Wyeth Pharmaceuticals, says, "Patients suffering from schizophrenia require treatments that may address their specific needs. Bifeprunox, if approved, will help health care professionals provide their patients with additional treatment options."
In October 2006, Solvay Pharmaceuticals, Inc. and Wyeth Pharmaceuticals announced that a New Drug Application was submitted to the U.S. Food and Drug Administration for bifeprunox, an investigational antipsychotic for the treatment of schizophrenia and for maintenance of stability. Under the terms of a collaboration agreement entered into in March 2004, Solvay Pharmaceuticals and Wyeth Pharmaceuticals agreed to co-develop and co-commercialize bifeprunox and other compounds, which are in earlier stages of development, as potential treatments for schizophrenia and other psychiatric conditions. The original compound was discovered by Solvay Pharmaceuticals and is being developed by Solvay Pharmaceuticals, Lundbeck and Wyeth.
Under a new agreement that was announced in January 2007, Solvay Pharmaceuticals and Wyeth Pharmaceuticals will collaborate in a joint discovery effort targeting the identification of small molecules as potential antipsychotic medications. Any compounds discovered as part of the research collaboration will be jointly co-owned and patented by Wyeth and Solvay Pharmaceuticals as well as co-developed and co-commercialized by the two companies.
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Contact: Neil Hirsch
neil.hirsch@solvay.com
770-578-2170
HealthStar PR
22-May-2007