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ARDANA RECEIVES UK REGULATORY APPROVAL FOR STRIANT TM SR TESTOSTERONE REPLACEMENT THERAPY FOR MEN WITH HYPOGONADISM

Ardana Bioscience, the specialty pharmaceutical company dedicated to better reproductive health, has gained UK regulatory approval to market Striant TM SR, a testosterone replacement therapy for men with primary or secondary hypogonadism.

Striant TM SR is presented as 30 mg mucoadhesive buccal tablets and it is the first transbuccal (gum surface) product for testosterone replacement therapy in men with primary or secondary hypogonadism (ie those suffering from a deficiency or absence of testosterone). Striant TM SR represents a new addition to the available armamentarium of effective therapeutic options in the treatment of male hypogonadism.

Ardana acquired key European rights to Striant TM SR from the US pharmaceutical company Columbia Laboratories Inc (NASDAQ CBRX) in October 2002. Ardana has rights to market Striant TM SR in 18 European countries and Columbia is initiating the mutual recognition process aimed at obtaining product approval from all member countries of the EU. Mipharm, S.p.A. will be responsible for commercialising Striant TM SR in Italy.

Dr Maureen Lindsay, Ardana Chief Operating Officer said: This is a significant milestone for Ardana and it enables us to deliver our stated strategic aim of launching our first product during the first half of 2004. Ardana is a specialty pharmaceutical company operating in a number of niche markets and employing commercial, marketing and sales teams with broad international experience in reproductive health. Through our relevant experience, well trained sales force and clear market focus we aim to provide key specialists with comprehensive support.

Male Hypogonadism (which is characterised by testosterone levels below the normal range) can be caused by conditions associated with the testes, pituitary gland or hypothalamus gland, or by a genetic disorder. Signs and symptoms of hypogonadism can include decreased libido (sexual desire), erectile dysfunction (ED), fatigue, depression, reduced muscle mass and osteoporosis. Testosterone replacement therapy is designed to provide and maintain normal levels of testosterone. Alternative therapies include injectable formulations of testosterone, oral preparations, transdermal patches, topical gels and subcutaneous implants.

Striant TM SR utilises Columbia’s proprietary Bioadhesive Delivery System (BDS) to deliver testosterone via the buccal cavity twice daily. The tablet adheres to the small natural depression in the mouth where the gum meets the upper lip above the incisor teeth. As it is exposed to saliva, the product softens into a gel-like form, which remains in place over each 12-hour dosing period. The product delivers testosterone through the buccal mucosa and delivers consistent levels of mean serum total testosterone that approximate the physiologic levels seen in healthy young men (10.4-36.4 nmol/L ;
3.0-10.5ng/mL).

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