Amarin acquires USA rights to Permax

14 July 2002

Nasdaq-listed Amarin has finalized its purchase of the remaining USrights to Parkinson's disease drug Permax (pergolide mesylate), the company has announced. The transaction marks Amarin's entry into this new therapeutic area.

Commenting on the deal, chief executive Rick Stewart said: "our speciality sales force now calls on Permax high-prescribing neurologists. With our exclusive option to acquire the US rights to Zelapar (selegiline), we will be well positioned with movement disorder specialists upon Zelapar's approval by the [US] Food and Drug Administration."

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