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BioDelivery Sciences Announces FDA Approval Of ONSOLIS

Friday, July 17, 2009 5:17:00 AM PDT | VentureDeal Staff

Raleigh, North Carolina  --  Biotechnology firm BioDelivery Sciences International (NASDAQ: BDSI) has announced the approval from the FDA to market a new pain drug.

Called ONSOLIS and designed for a thin film applications to the inner lining of the cheek for cancer patients 18 years of age or older, the drug is an alternative to opioid therapy for persistent cancer pain.

“The approval of ONSOLIS is a landmark and transformational event for BDSI and represents the culmination of an extraordinary and focused effort by a determined group of BDSI and Meda employees,” said Dr. Mark A. Sirgo, President and Chief Executive Officer of BioDelivery Sciences. “All of us at BDSI, along with our partner Meda, are very pleased to provide healthcare practitioners and their patients suffering from breakthrough cancer pain with a new treatment option for this serious and debilitating condition.”

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