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Nycomed International Management GmbH Leutschenbachstr. 95 8050 Zurich, Switzerland http://www.nycomed.com
Contact Tobias Cottmann +41 44 555 15 10
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Nycomed International Management GmbH

Nycomed and NPS Pharmaceuticals Announce Licensing Agreement for GATTEX™

(PresseBox) (Zurich, )
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- Nycomed acquires exclusive rights outside North America
- GATTEX™ matches Nycomed’s capabilities in gastroenterology
- Total upfront payments of $35 million and potential for more than $150 million milestone payments

Nycomed and NPS Pharmaceuticals, Inc. (Nasdaq: NPSP) announced today that they have entered into a definitive agreement which licenses to Nycomed the rights to develop and commercialize GATTEX™ (teduglutide) outside the United States, Canada and Mexico for the treatment of gastrointestinal disorders. NPS will retain the right to develop and commercialise GATTEX™ in North America. The project matches Nycomed’s capabilities in development and marketing in the gastroenterology field.

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