InvestorsHub Logo
Followers 6
Posts 741
Boards Moderated 0
Alias Born 04/01/2005

Re: Funstick post# 5142

Sunday, 11/13/2011 2:21:25 PM

Sunday, November 13, 2011 2:21:25 PM

Post# of 12450
You need to keep reading in the PR. The next sentence states they expect a partnership soon.



SAINT LAURENT, Quebec, Nov. 11, 2011 (GLOBE NEWSWIRE) -- IntelGenx Corp. (TSX-V:IGX.V - News) (OTCBB:IGXT.OB - News) ("IntelGenx") today announced that the U.S. Food and Drug Administration (FDA) has approved IntelGenx' lead product, CPI-300, for patients with Major Depressive Disorder. CPI-300 is a novel, high-strength formulation of Bupropion hydrochloride (HCl), the active ingredient in Wellbutrin XL. CPI-300 is the only single dose 450 mg formulation of Bupropion HCl approved by the FDA.
"This is a defining moment for IntelGenx, as we have now clearly demonstrated our ability to independently take a product through development to regulatory approval," said Dr. Horst G. Zerbe, President and Chief Executive Officer of IntelGenx. "We believe physicians will embrace CPI-300 as a more convenient and safe alternative for their patients requiring high-dose anti-depressant therapy. So we now turn our focus towards the commercialization of CPI-300, with the objective of a product launch with a partner by the second quarter of 2012."
IntelGenx has been in active licensing discussions with several leading generic and specialty pharmaceutical companies and anticipates finalizing a commercialization agreement soon. As previously announced, the company has entered into an agreement with Pillar5 Pharma Inc. for the commercial manufacturing of the product.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IGXT News