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Thursday, August 7, 2008

Eisai China : License Agreement in China for alpha-Lipon 300 STADA for Diabetic Neuropathic Pain

July 30, 2008 - Eisai Co., Ltd. (Headquarters: Tokyo, President & CEO: Haruo Naito) announced that Eisai China Inc. (Headquarters: Suzhou, President: Yukio Akada, “ECI”), a wholly-owned subsidiary of Eisai Co., Ltd., has entered into license agreement with Health Vision Enterprise Ltd. (Headquarters: Hong Kong, Directors: Alex Leung and Zona Yim, “Health Vision”), a sales subsidiary of STADA Arzneimittel AG (Headquarters: Germany, “STADA”), for sales and repack of alpha-Lipon 300 STADA® (generic name: alpha-lipoic acid) in China. alpha-Lipon 300 STADA® is a treatment for diabetic neuropathic pain developed by STADA.

With this agreement, ECI will take over sales promotion activities for alpha-Lipon 300 STADA® in China from Health Vision from August 1. In addition, ECI will prepare for filing an application for repacking the product at its Suzhou plant. Upon approval, ECI will assume repacking and sales of alpha-Lipon 300 STADA® in China.

alpha-Lipon 300 STADA® is a therapeutic agent for diabetic neuropathic pains developed by STADA, and has been on the market in China since 2005. It relieves neuropathic pain associated with diabetes by its antioxidant effect, which reduces overproduction of oxygen species and normalization of glucose metabolism... Eisai's Press Release -