German biotechnology company MediGene AG says it has been informed by USA-based CollaGenex Pharmaceuticals that European regulators have postponed their decision on marketing authorization for the dermatology product Oracea (doxycycline) until 2008.
The drug, European rights to which were in-licensed by MediGene earlier this year (Marketletters January 1 & 9), failed to achieve a unanimous approval decision under the region's mutual recognition procedure.
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