SOURCE: Basilea Pharmaceutica AG

October 08, 2007 12:15 ET

Swiss Regulatory Authority Accepts Marketing Authorization Application for Ceftobiprole for Assessment

BASEL, SWITZERLAND--(Marketwire - October 8, 2007) - Basilea Pharmaceutica Ltd. (SWX: BSLN) announced today that Swissmedic has accepted for assessment the marketing authorization application of ceftobiprole for the treatment of complicated skin and soft tissue infections (cSSTI) including diabetic foot infections. The application is subject to an accelerated review. The regulatory dossier was submitted by Basilea's license partner Janssen-Cilag AG, a Johnson & Johnson company.

Swissmedic had previously granted accelerated assessment of the marketing authorization application ("Beschleunigtes Zulassungsverfahren") for ceftobiprole for the treatment of complicated skin and soft tissue infections.

Ceftobiprole is currently under review by regulatory authorities in the U.S., Canada and the European Union.

Ceftobiprole is being developed through an exclusive worldwide collaboration between Basilea Pharmaceutica Ltd. and Cilag GmbH International.

About Basilea

Basilea Pharmaceutica Ltd. is an integrated biopharmaceutical company headquartered in Basel, Switzerland, listed on the SWX Swiss Exchange (SWX: BSLN). Basilea is currently focused on the research, development and commercialization of new antibacterial, antifungal and dermatology drugs in the hospital and specialty care setting.

Disclaimer

This communication is intended for information to the financial community only (investors and/or potential investors and their advisors) and expressly or implicitly contains certain forward-looking statements concerning Basilea Pharmaceutica Ltd. and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of Basilea Pharmaceutica Ltd. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Basilea Pharmaceutica Ltd. is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.


For further information, please contact:

+-----------------------------------------------------------------+
| General Information            | Investor Relations             |
|--------------------------------+--------------------------------|
| information@basilea.com        | Dr. Barbara Zink               |
|                                | investor_relations@basilea.com |
+-----------------------------------------------------------------+


This press release can be downloaded from www.basilea.com



Copyright © Hugin ASA 2007. All rights reserved.

Contact Information