Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
PRINCETON, NJ -- (MARKET WIRE) -- 02/20/07 -- Barrier Therapeutics, Inc. (NASDAQ: BTRX), a
pharmaceutical company developing and commercializing products in the field
of dermatology, today announced the issuance of United States Patent Number
7,179,475, entitled "Anhydrous Topical Skin Preparations." This patent
provides coverage for the specific formulation of ketoconazole in a
waterless gel that Barrier Therapeutics markets in the U.S. under the trade
name Xolegel(TM) (ketoconazole, USP) 2% Gel, for the treatment of
seborrheic dermatitis.
Barrier Therapeutics intends to list this patent, which is scheduled to
expire on December 4, 2018, in the Orange Book published by the U.S. Food
and Drug Administration (FDA).
"The issuance of this patent is an important milestone in our ongoing
effort to further strengthen the intellectual property position of our
marketed products," said Al Altomari, Chief Operating Officer of Barrier
Therapeutics. "We believe this patent reinforces our competitive position
with this product, which we believe offers distinct advantages in treating
this irritating and often embarrassing condition."
Xolegel Gel was approved by the FDA in July 2006 and was launched by
Barrier Therapeutics in November 2006. Xolegel Gel is the first and only
FDA-approved prescription gel formulation of ketoconazole.
About Xolegel
Xolegel (ketoconazole, USP) Gel, 2% is a cosmetically elegant, steroid-free
treatment for seborrheic dermatitis of the face and body in immunocompetent
adults and children 12 years of age and older. Xolegel Gel is a topical
formulation of 2% ketoconazole, an antifungal agent, in a translucent,
non-greasy gel that results in minimal skin irritation. Xolegel Gel
applies smoothly and dries clear. With its unique gel formulation, Xolegel
Gel provides patients with a dosing regimen of a once daily application for
only 14 days, thus reducing by approximately 75 percent the number of
applications required by some traditional seborrheic dermatitis therapies.
About Seborrheic Dermatitis
Seborrheic dermatitis is a common skin inflammation characterized by a red,
scaly, itchy rash primarily occurring on the face, scalp, hairline,
eyebrows and trunk. Seborrheic dermatitis affects approximately three to
five percent of the U.S. population, or 8.5 million people. There is no
known cause, cure or way of preventing seborrheic dermatitis but it can be
effectively managed. Traditional prescription therapies for this condition
have consisted primarily of shampoos, topical antifungal creams and topical
steroids that typically require two or more applications per day over
periods of up to four weeks to be effective.
For full prescribing information on Xolegel Gel, please visit
www.xolegel.com.
About Barrier Therapeutics
Barrier Therapeutics, Inc. is a pharmaceutical company focused on the
development and commercialization of products in the field of dermatology.
Barrier Therapeutics currently markets three pharmaceutical products in the
United States: Xolegel(TM) (ketoconazole, USP) Gel, 2%, for seborrheic
dermatitis; Vusion(TM) (0.25% miconazole nitrate, 15% zinc oxide, 81.35%
white petrolatum) Ointment, for diaper dermatitis complicated by documented
candidiasis; and Solagé® (mequinol 2.0%, tretinoin 0.01%) Topical
Solution, for solar lentigines. Barrier Therapeutics has other product
candidates in various stages of clinical development for the treatment of a
range of dermatological conditions, including acne, psoriasis,
onychomycosis and other fungal infections such as tinea versicolor. The
company is headquartered in Princeton, New Jersey and has wholly owned
subsidiaries in Geel, Belgium and Ontario, Canada. More information about
Barrier Therapeutics can be found on its corporate website at:
www.barriertherapeutics.com.
Xolegel, Vusion and Solagé are trademarks of Barrier Therapeutics, Inc.
Safe Harbor Statement
In addition to historical facts or statements of current condition, this
press release contains forward-looking statements within the meaning of the
"Safe Harbor" provisions of The Private Securities Litigation Reform Act of
1995, including statements regarding the scheduled expiration date of the
Xolegel patent and the listing of the patent in the Orange Book.
Forward-looking statements provide Barrier's current expectations or
forecasts of future events. Barrier's performance and financial results
could differ materially from those reflected in these forward-looking
statements due to, any efforts by third parties to invalidate or limit the
patent, the marketplace acceptance of Barrier's products, Barrier's ability
to execute its commercial and clinical strategy, the decisions of
regulatory authorities, the results of clinical trials and strategic
decisions regarding its pipeline, general financial, economic, regulatory
and political conditions affecting the biotechnology and pharmaceutical
industries generally. For a discussion of these and other risks and
uncertainties that may effect the forward-looking statements, please see
the risk factors in the company's Quarterly Report on Form 10-Q for the
quarter ended September 30, 2006 which is on file with the Securities and
Exchange Commission. Given these risks and uncertainties, any or all of
these forward-looking statements may prove to be incorrect. Barrier
undertakes no obligation to update publicly any forward-looking statement.
Contact:
Barrier Therapeutics, Inc.
Anne M. VanLent
EVP & CFO
(609) 945-1202