NOVEN ANNOUNCES VIVELLE® APPROVED FOR PREVENTION OF OSTEOPOROSIS New Low Dose Vivelle® (0.025 mg/day) Also Approved
MIAMI, FL, August
17, 2000 - Noven Pharmaceuticals, Inc. (Nasdaq: NOVN) announced today
that the U.S. Food and Drug Administration (FDA) has approved Vivelle®
(estradiol transdermal system) for the prevention of postmenopausal osteoporosis.
Vivelle®
has been available for the treatment of menopausal symptoms since March
1996, and is marketed by Novogyne Pharmaceuticals, a joint venture between
Noven and Novartis Pharmaceuticals Corporation. Vivelle®
is available by prescription and utilizes Noven's transdermal adhesive
matrix technology. The product delivers estradiol, the primary estrogen
produced by the ovaries, through a transdermal patch that is applied twice
weekly. Vivelle®
is now indicated for the prevention of osteoporosis and is currently available
in four dosage strengths (0.0375, 0.05, 0.075 and 0.1 mg/day). A new low
dose of Vivelle®,
0.025 mg/day, was also approved by the FDA for postmenopausal osteoporosis
and is expected to be available in U.S. pharmacies in late 2000. In clinical trials,
systemic adverse events with Vivelle®
and placebo, respectively, include headache (36% vs. 30%), breast tenderness
(4.9% vs. 1.1%), fluid retention (3.8% vs. 2.2%) and back pain (13% vs.
4.5%). Local application site reactions with Vivelle®
were approximately 9% vs. 10% in patients treated with placebo; most cases
were considered mild, none were considered severe. Estrogens should
not be used in individuals with known or suspected pregnancy, undiagnosed
abnormal genital bleeding, breast cancer, estrogen-dependent neoplasia,
active thrombophlebitis or thromboembolic disorders, or a documented history
of these conditions. Estrogens have been reported to increase the risk
of endometrial carcinoma in postmenopausal women. Noven Pharmaceuticals,
Inc., headquartered in Miami, Florida, is a leader in the development
of transdermal and transmucosal drug delivery systems and technologies.
Noven has developed and presently manufactures a series of leading-edge
products, including the world's smallest estrogen transdermal delivery
system, the United States' only combination estrogen/progestin transdermal
delivery system, and the first transmucosal patch approved for marketing
by the U.S. Food and Drug Administration. With a wide range of additional
products in development, Noven is committed to becoming the world's premier
developer, manufacturer, and marketer of transdermal and transmucosal
drug delivery systems.For
additional information on Noven, visit www.noven.com. Forward looking statements contained in this release are qualified by and subject to the risks and uncertainties specified by Noven in its most recent filings with the Securities and Exchange Commission, including the risk that the new Vivelle dosage strength may not reach market in a timely fashion or at all.
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