MiddleBrook Pharmaceuticals Launches MOXATAG™ Website, Announces Early Prescription Data for MOXATAG
May 01 2009 - 7:00AM
Business Wire
MiddleBrook Pharmaceuticals, Inc. (Nasdaq: MBRK) has launched a
website for MOXATAG (extended-release amoxicillin) Tablets, 775 mg.
MOXATAG is the first and only FDA-approved once-daily amoxicillin,
and now healthcare professionals and patients have access to a
comprehensive online resource for information about treating
pharyngitis and tonsillitis, also known as strep throat, with
MOXATAG at http://www.moxatag.com.
Visitors to the MOXATAG website can learn about the causes,
symptoms and treatment of pharyngitis and tonsillitis. A video
shows how MiddleBrook�s proprietary drug delivery technology,
PULSYS�, prolongs the release and absorption of amoxicillin from
MOXATAG to effectively treat bacterial pharyngitis and tonsillitis
at a daily dose of 775 mg, which is lower than currently prescribed
aminopenicillin therapies. The site also features an informative
FAQ section, complete product prescribing information and
information for pharmacists.
MiddleBrook President and CEO John Thievon said, �MOXATAG is a
unique product with no AB-rated generic, and MOXATAG has valuable
benefits for patients and prescribers. The MOXATAG website
showcases MOXATAG�s attributes and illustrates the
compliance-enhancing benefits of once-daily dosing.�
�A review of the latest available data indicates that
approximately 3,000 prescriptions have been filled for MOXATAG
through April 24, with steady week-over-week growth,� Thievon
continued. �This is in line with our expectations, given launch
timing and the seasonality of pharyngitis and tonsillitis, and we
anticipate more than half of the total 2009 MOXATAG prescription
volume to be generated in the fourth quarter. The MOXATAG.com
website will support the efforts of our national field sales force
and serve as a valuable adjunct to our nationwide print media
campaign directed at healthcare professionals as we work to
increase awareness for MOXATAG, the first and only FDA-approved
once-daily amoxicillin.�
MiddleBrook Pharmaceuticals Reports Inducement
Grants Under NASDAQ Marketplace Rule 4350
MiddleBrook Pharmaceuticals also announced today that on April
30, 2009, it granted options to purchase a total 21,000 shares of
MiddleBrook's common stock to five (5) new employees as a material
inducement for them to join MiddleBrook. The options were granted
pursuant to NASDAQ Marketplace Rule 4350(i)(1)(A)(iv) and under
MiddleBrook's New Hire Stock Incentive Plan, which was approved by
MiddleBrook's Board of Directors on Sept. 26, 2008. The options
have a per share exercise price equal to the closing price of
MiddleBrook's common stock on the NASDAQ Global Market on the
business day immediately preceding the grant date, a ten-year term
and vesting over four years, with 25 percent of the options vesting
one year from the grant date and 1/48th of the options vesting
monthly thereafter. The options have a grant date of April 30,
2009.
About MiddleBrook
Pharmaceuticals:
MiddleBrook Pharmaceuticals, Inc. (Nasdaq: MBRK) is a
pharmaceutical company focused on developing and commercializing
anti-infective products that fulfill unmet medical needs. We have
developed a proprietary delivery technology called PULSYS, which
enables the pulsatile delivery, or delivery in rapid bursts, of
certain drugs. We are currently developing a portfolio of
anti-infective PULSYS products. Our near-term corporate strategy is
to improve dosing regimens and/or reduce frequency of dosing which
we believe will result in improved patient dosing convenience and
compliance for antibiotics that have been used and trusted by
physicians and patients for decades. MiddleBrook currently markets
KEFLEX, the immediate-release brand of cephalexin, and MOXATAG �
the first and only FDA-approved once-daily amoxicillin. For more
information about MiddleBrook, please visit
www.middlebrookpharma.com.
About MOXATAG:
MOXATAG (amoxicillin extended-release) Tablets, 775mg, is a
once-a-day extended-release formulation of amoxicillin for oral
administration consisting of three components: one
immediate-release component and two delayed-release components. The
three components of MOXATAG are combined in a specific ratio to
prolong the release of amoxicillin compared to immediate-release
amoxicillin. MOXATAG is intended to provide a lower treatment dose,
once-daily alternative to currently approved penicillin and
amoxicillin regimens for the treatment of adults and pediatric
patients 12 years and older with tonsillitis and/or pharyngitis.
For more information about MOXATAG, please visit
www.moxatag.com.
Forward-Looking
Statements:
This announcement contains forward-looking statements, within
the meaning of Section 21E of the Securities Exchange Act of 1934
and Section 27A of the Securities Act of 1933, that involve risks
and uncertainties. In some cases, forward-looking statements are
identified by words such as "believe," "anticipate," "expect,"
"intend," "plan," "potential, " "estimate, " "will," "may,"
�predict,� "should, " "could, " "would" and similar expressions.
You should not place undue reliance on these forward-looking
statements, which speak only as of the date of this announcement.
All of these forward-looking statements are based on information
available to us at this time. Actual results could differ from
those projected in these forward-looking statements as a result of
many factors, including those identified in the sections titled
"Risk Factors" and "Management's Discussion and Analysis of
Financial Condition and Results of Operations," and elsewhere in
our Annual Report on Form 10-K for the year ended Dec. 31, 2008,
and in similar disclosures made by us from time to time in our
other filings with the Securities and Exchange Commission. We
undertake no obligation to update forward-looking statements,
whether as a result of new information, future events or otherwise.
You are advised, however, to consult any further disclosures we
make on related subjects in our filings with the Securities and
Exchange Commission. KEFLEX, MiddleBrook, MiddleBrook
Pharmaceuticals (stylized), MiddleBrook Pharmaceuticals, Inc., M1
(stylized), MOX-10, MOXAKIT, MOXATAG1 (stylized), MOXATAG, MOXATEN,
MOX-PAK and PULSYS are our trademarks and have been registered in
the U.S. Patent and trademark office or are the subject of pending
U.S. trademarks applications. Each of the other trademarks,
tradenames, or service marks appearing in this document belongs to
the respective holder. As used herein, except as otherwise
indicated by the context, references to �we,� �us,� �our,�
�MiddleBrook,� or the �Company,� refer to MiddleBrook
Pharmaceuticals, Inc., and its subsidiaries.
Middlebrook Pharmaceuticals (MM) (NASDAQ:MBRK)
Historical Stock Chart
From Oct 2024 to Nov 2024
Middlebrook Pharmaceuticals (MM) (NASDAQ:MBRK)
Historical Stock Chart
From Nov 2023 to Nov 2024