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Cypros Merger With RiboGene Brings Phase III Anti-Emetic Emitasol

Executive Summary

Cypros' acquisition of RiboGene adds a late stage anti-emetic product Emitasol to the pipeline of the Carlsbad, Calif. company. Submission of an NDA for Emitasol is anticipated within 12 to 18 months.

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Roberts

Ribogene grants Roberts exclusive marketing rights in North America and Mexico for Ribogene's Emitasol, a Phase III intranasal delivery formulation of metoclopramide used to treat emesis, especially among chemotherapy patients. Ribogene will provide up to $7 mil. for development through Phase III and submission of an NDA. The NDA submission target is the second half of 1999, Roberts says. In a separate transaction, Roberts will purchase $10 mil. of Ribogene convertible preferred stock

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