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Europe Approves Expanded Indications For Cystistat (Hyaluronic Acid) LONDON, ON -- September 7, 2000 -- Bioniche Life Sciences Inc, a fully integrated Canadian biopharmaceutical company serving both the human and animal health markets, announced receipt of approval to expand the indications for one of its lead products, Cystistat® (hyaluronic acid), in Europe. The new indications include radiation cystitis and cystitis caused by infections, trauma, urolithiasis, urinary retention, and neoplasia. "The European approval for these additional indications marks an important milestone in our development of Cystistat in conjunction with our on-going efforts to secure a U.S. registration," said Dr. Vincent A. Salvatori, Senior Vice President, Clinical Operations. "This approval also represents an important new alternative therapy for urologists and will enhance our reputation as a leading provider of urological therapeutics." "These expanded indications encompass all forms of cystitis and provide broader opportunities for all of our existing European Cystistat marketing partners," remarked Albert Beraldo, Vice President of Business Development at Bioniche. "With a larger market profile, Bioniche will be better positioned to attract additional quality marketing partners in the remaining regions of Europe." Licensing and distribution agreements are currently in place throughout Europe including the UK, Italy, Scandinavia, Austria and Spain. Cystistat is Bioniche's patented treatment for Interstitial Cystitis (IC), a painful, debilitating bladder condition that afflicts approximately 1.5 million people worldwide. Manufactured from a highly purified hyaluronic-acid, Cystistat is instilled directly into the bladder where the drug helps to restore the glycosaminoglycan (GAG) layer. Cystistat is manufactured at the Company's FDA/ISO 9001 approved facility in Ireland and is currently approved for distribution in Canada and Europe. Related Link: Bioniche Life Sciences Inc. E-mail this page to a friend or colleague! To print, use this version