Meda Enters Partnership for Elestrin in the US Market

GÖTEBORG, Sweden--()--Regulatory News:

Meda (STO:MEDAA):

Meda has entered into a promotion agreement with Mission Pharmacal, a company active in the women’s health area, for Meda’s topical estrogen replacement therapy product Elestrin.

Elestrin was acquired in 2012 from Jazz Pharmaceuticals and has showed good growth since then. Following the enhanced focus of Meda's US sales force on the allergy and respiratory area, the promotion agreement is a right step that will secure ongoing resources and continued growth for Elestrin.

"Through this partnership, we optimize sales efforts for Elestrin and at the same time increase our focus on the respiratory area", said Dr. Jörg-Thomas Dierks, CEO of Meda AB.

MEDA AB (publ) is a leading international specialty pharma company. Meda’s products are sold in more than 120 countries worldwide and the company is represented by its own organizations in over 55 countries. The Meda share is listed under Large Cap on the Nasdaq OMX Nordic Stock Exchange in Stockholm. Find out more, visit www.meda.se.

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Contacts

Meda AB
Paula Treutiger, Investor Relations
ph: 46 733-666 599
paula.treutiger@meda.se

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Contacts

Meda AB
Paula Treutiger, Investor Relations
ph: 46 733-666 599
paula.treutiger@meda.se