SOURCE: SkyePharma PLC

November 02, 2007 03:02 ET

SkyePharma PLC announces Research Update

London, UK--(Marketwire - November 2, 2007) -

                                 SkyePharma PLC

                     FlutiformTM - Results of Safety Study

LONDON, UK - 2 November 2007 -- SkyePharma PLC (LSE: SKP) today announces that
the Phase III, long-term, open label, safety study for FlutiformTM, the
Company's lead development product for the treatment of asthma, has been
completed and the results are consistent with the large safety database already
accumulated on the individual constituents fluticasone and formoterol.  The
study involved 472 patients who were treated with FlutiformTM for 6 or 12 months
and will form part of the US New Drug Application ("NDA") for FlutiformTM.
Three double-blind efficacy trials are currently ongoing, of which one is fully
enrolled and the other two are nearing full enrolment.  Submission of the NDA is
expected in the second half of 2008.

Frank Condella, CEO of SkyePharma said, "The results of this study are as we
expected and represent a significant milestone achieved in the FlutiformTM
development programme.  We continue to make good progress towards the approval
of this exciting product."

For further information please contact:

SkyePharma PLC

Frank Condella, Chief Executive Officer
Ken Cunningham, Chief Operating Officer                       +44 207 491 1777
Peter Grant, Finance Director

Financial Dynamics (London enquiries)
David Yates / Deborah Scott                                   +44 207 831 3113

Trout Group (US enquiries)
Christine Labaree / Seth Lewis                                +1 617 583 1308

About SkyePharma PLC

Using its proprietary drug delivery technologies, SkyePharma develops new
formulations of known molecules to provide a clinical advantage and life-cycle
extension. The Company has eleven approved products in the areas of oral,
inhalation and topical delivery.  The Group's products are marketed throughout
the world by leading pharmaceutical companies. For more information, visit

                      This information is provided by RNS
            The company news service from the London Stock Exchange