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Ends Agreement with Abbott for Certriad

23rd Dec 2010 07:00

RNS Number : 4689Y
AstraZeneca PLC
23 December 2010
 



ASTRAZENECA and ABBOTT END license agreement for the Development of CERTRIAD

 

 

AstraZeneca announced today that it has notified Abbott that it will discontinue the development of CERTRIAD (rosuvastatin calcium and fenofibric acid), which was being investigated for the treatment of mixed dyslipidemia. This means the co-development and license agreement with Abbott will end on 22 January 2011.

 

A Complete Response Letter (CRL) for the CERTRIAD New Drug Application (NDA) was received from the U.S. Food and Drug Administration (FDA) on 30 March 2010.

 

The companies reached this decision after careful review and consideration of the CRL and the resulting regulatory delay, and have determined that the development of CERTRIAD is no longer commercially attractive.

 

AstraZeneca will continue to focus on other development priorities both within and outside of the cardiovascular disease therapeutic area.

 

 

NOTES TO EDITORS:

 

About AstraZeneca

AstraZeneca is a global, innovation-driven biopharmaceutical business with a primary focus on the discovery, development and commercialization of prescription medicines. As a leader in gastrointestinal, cardiovascular, neuroscience, respiratory and inflammation, oncology and infectious disease medicines, AstraZeneca generated global revenues of US $32.8 billion in 2009. For more information please visit: www.astrazeneca.com.

 

 

CONTACTS:

 

Media Enquiries UK

Neil McCrae +44 20 7604 8236 (24 hours)Sarah Lindgreen +44 20 7604 8033 (24 hours)Abigail Baron +44 20 7604 8034 (24 hours)

 

Media Enquiries US

Emily Denney +1 302 885 3451 mob: +1 302 897 4953 

 

Investor Enquiries UK

Jonathan Hunt +44 20 7604 8122mob: +44 7775 704032Karl Hård +44 20 7604 8123mob: +44 7789 654364

 

Investor Enquiries US

Ed Seage +1 302 886 4065 mob: +1 302 373 1361Jorgen Winroth +1 212 579 0506 mob: +1 917 612 4043

 

- ENDS -

 

 

23 December 2010

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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