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Gileon7

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Gileon7

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Monday, 02/28/2011 8:11:40 AM

Monday, February 28, 2011 8:11:40 AM

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of 40870


DEPO

Depomed has added a news release to its Investor Relations website.
Title: Depomed Announces Receipt of a $48 million Milestone Payment for the Approval of GRALISE(TM)

Date(s): 28-Feb-2011 8:00 AM

For a complete listing of our news releases, please click here



Menlo Park, Calif., February 28, 2011 - Depomed, Inc. (NASDAQ: DEPO) today announced that it has received a $48 million milestone payment from Abbott Products, Inc., for the U.S. Food and Drug Administration's approval of GRALISE(TM) (gabapentin) Tablets for once-daily treatment of post-herpetic neuralgia (PHN), which is pain following healing of the rash associated with shingles.

The early bird gets the worm................

But it's the second mouse that gets the cheese...........

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