FDAnews Drug Daily Bulletin

NEXMED ANNOUNCES TERMINATION OF ALPROX-TD AGREEMENT WITH SCHERING AG AND PROVIDES OPERATIONAL UPDATE

June 27, 2006
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NexMed, Inc., a developer of innovative pharmaceutical products based on its proprietary, NexACT transdermal drug delivery technology, announced today that Schering AG has terminated its license, supply and distribution agreement for Alprox-TD, NexMed's topical treatment for erectile dysfunction (ED), currently in clinical development. It is NexMed's belief that Alprox-TD is no longer a strategic fit for Schering.

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