NEW YORK, Oct. 27 /PRNewswire-FirstCall/ -- Forest Laboratories, Inc.
(NYSE: FRX) and its development partner for desmoteplase, PAION AG (Aachen,
Germany), today announced that the independent Data Monitoring Committee
(DMC) for the DIAS-2 Phase IIB/III study met and informed the Steering
Committee and the Companies that it has reviewed the cumulative data from
the study provided by the Companies and recommended the resumption of
patient enrollment into DIAS-2 with no modification of the protocol. At
this meeting, the DMC reviewed data from 170 randomized subjects. The
DIAS-2 study is evaluating PAION's drug candidate desmoteplase in patients
with acute ischemic stroke. The Companies continue to expect that enrolment
will be completed by the end of 2006 and that study results will be
available by the middle of 2007.
(Logo: http://www.newscom.com/cgi-bin/prnh/20001011/FORESTLOGO )
About Desmoteplase
Desmoteplase, the most specific plasminogen activator known today, is a
genetically engineered version of a clot-dissolving protein found in the
saliva of the vampire bat Desmodus rotundus. Currently in Phase III,
Desmoteplase has been successfully tested in two independent Phase II
studies for the treatment of acute ischemic stroke between 3 and 9 hours
after onset of symptoms and has received fast-track designation from the
U.S. Food and Drug Administration.
About Forest Laboratories and Its Products
Forest Laboratories (http://www.frx.com ) is a US-based pharmaceutical
company dedicated to identifying, developing, and delivering products that
make a positive difference in peoples' lives. Forest Laboratories' growing
product line includes Lexapro(R) (escitalopram oxalate), an SSRI indicated
for adults for the initial and maintenance treatment of major depressive
disorder and for generalized anxiety disorder; Namenda(R) (memantine HCl),
an N-methyl- D-aspartate (NMDA)-receptor antagonist indicated for the
treatment of moderate to severe Alzheimer's disease; Benicar(R)*
(olmesartan medoxomil), an angiotensin receptor blocker, and Benicar*
HCT(R) (olmesartan medoxomil- hydrochlorothiazide), an angiotensin receptor
blocker and diuretic combination product, each indicated for the treatment
of hypertension; and Campral(R)* (acamprosate calcium), indicated in
combination with psychosocial support for the maintenance of abstinence
from alcohol in patients with alcohol dependence who are abstinent at
treatment initiation.
* Benicar is a registered trademark of Sankyo Pharma, Inc., and Campral
is a registered trademark of Merck Sante s.a.s., subsidiary of Merck KGaA,
Darmstadt, Germany.
Except for the historical information contained herein, this release
contains "forward-looking statements" within the meaning of the Private
Securities Reform Act of 1995. These statements involve a number of risks
and uncertainties, including the difficulty of predicting FDA approvals,
acceptance and demand for new pharmaceutical products, the impact of
competitive products and pricing, the timely development and launch of new
products and the risk factors listed from time to time in the Company's SEC
reports, including the Annual Report on Form 10-K for the fiscal year ended
March 31, 2006 and on Form 10-Q for the period ended June 30, 2006.
SOURCE Forest Laboratories, Inc.
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Related links: http://www.frx.com
Photo Notes: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001011/FORESTLOGO AP Archive: http://photoarchive.ap.org PRN Photo Desk, photodesk@prnewswire.com
CONTACT: Charles E. Triano, VP, Investor Relations, of Forest Laboratories, Inc., +1-212 224-6714, or Charles.Triano@FRX.com
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