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www.fdanews.com/articles/85585-elixir-pharmaceuticals-acquires-late-stage-product-for-the-treatment-of-type-ii-diabetes

ELIXIR PHARMACEUTICALS ACQUIRES LATE-STAGE PRODUCT FOR THE TREATMENT OF TYPE II DIABETES

March 27, 2006

Elixir Licenses Exclusive U.S., Canadian and Latin American Rights from Kissei Pharmaceutical for Glufast; Product Will Enter Growing $6 Billion Diabetes Prescription Pharmaceutical Market Elixir Pharmaceuticals, Inc. announced today that the Company has signed a definitive agreement with Kissei Pharmaceutical for the exclusive right to develop and commercialize Glufast (mitiglinide calcium hydrate) in the United States, Canada, and Latin America.
Genetic Engineering News