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FDA APPROVES NEW ONCE-A-MONTH DOSE OF ACTONEL FOR POSTMENOPAUSAL OSTEOPOROSIS
CINCINNATI, Bridgewater, NJ, April 24, 2008 — The U.S. Food and Drug Administration (FDA) approved a new once-a-month dose (150 mg) of ActonelŽ (risedronate sodium) tablets for the treatment and prevention of postmenopausal osteoporosis. Actonel is approved to reduce the risk of fractures in postmenopausal women with osteoporosis.
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About P&GP

Current Alliances


At P&G Pharmaceuticals we have a passionate commitment for collaborative partnerships. We have a strong track-record of successful collaborations with both entrepreneurial biotechnology laboratories and multinational pharmaceutical companies.


Our current collaborations include the following:

  • Novartis Pharmaceuticals Corporation — An agreement for the co-promotion and co-development of Enablex® (darifenacin) extended release tablets for the treatment of overactive bladder (OAB) in the United States.

  • sanofi-aventis — A global alliance, except in Japan, to develop and commercialize Actonel® (risedronate sodium tablets), a treatment for osteoporosis.

  • Watson Laboratories, a subsidiary of Watson Pharmaceuticals, Inc. — Collaborating on the development of transdermal testosterone products for women.

Out-Licensing

  • Ajinomoto Co Inc. — developing and marketing risedronate for osteoporosis in Japan
    Sub-licenses
    • Takeda Pharmaceutical Co., Ltd.
    • Eisai Co., Ltd.

  • Dainippon Sumitomo Pharmaceuticals Inc — developing and marketing Didronel® (etidronate disodium) for osteoporosis in Japan

  • Taigen — Developing an antibiotic licensed to them by P&G Pharmaceuticals.

Acquisitions

1982: Acquisition of Norwich-Eaton Pharmaceuticals
1986: Purchase of Nativelle Laboratories in France
1992: Acquisition of Rohm Pharma, a German joint venture originally formed by Norwich-Eaton and Rohm Chemical
1993: Purchase of Smith Kline & French SpA in Italy
2004: Acquisition of Grupo Vita in Spain




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