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Pharmalicensing Ltd
is a division of
UTEK Corporation
Companies

Eurand Spa

Eurand Spa
Worldwide Leader in Drug Delivery/Specialty Pharmaceuticals

The company in detail

Profile

Eurand is a global specialty pharmaceutical company that develops enhanced pharmaceutical and biopharmaceutical products based on our proprietary drug formulation technologies. With more than 30 years experience, Eurand is a world leader in drug delivery, offering comprehensive technology platforms designed to optimize the performance of drug substances. Using these technologies Eurand turns difficult drug candidates into easy to administer, successful pharmaceutical products. Our technologies can be applied both to enable the development of new drug entities and as effective life cycle management tools in order to prolong the market life of products. Eurand’s technology platforms include bioavailability enhancement of poorly soluble drugs, customized release and taste-making/fast-dissolving formulations. A fourth technology platform, drug conjugation, is also under development.

Eurand is a global company employing more than 480 employees with facilities in the United States and Europe.  The company was founded in Milan, Italy in 1969.  From 1989-1999, Eurand was part of American Home Products Corporation (now Wyeth). Eurand became independent in 1999 when affiliates of Warburg Pincus LLC and Gearóid Faherty, Eurand’s Chief Executive Officer, acquired the drug delivery business of American Home Products Corporation.  In May 2007, following a successful IPO, Eurand became a public company and is listed on the NASDAQ Exchange in New York under the symbol EURX.

Our business 

Eurand is dedicated to the continued development and commercialization of breakthrough technologies and products that better satisfy patients’ needs. Our research efforts are focused on the development of treatment options with enhanced efficacy, superior safety and convenient dosing.

Our product pipeline consists of products developed internally and ones which are developed with partners on a co-development basis. Currently, our most advanced products include three co-development products and two proprietary product candidates.

ZentaseTM (EUR-1008) is our lead product candidate. Eurand has completed two phase III clinical trials on its lead product candidate Zentase for the treatment of Exocrine Pancreatic Insufficiency (EPI) and filed the first segment of its rolling NDA for this product in June 2007. 

We will continue to invest in our extensive research and development capabilities in the US and Europe and continue to seek new product development opportunities. These products may originate from our own research and development laboratories or may be in-licensed from other companies or academic institution.

Our Technology

Eurand’s broad range of technologies offer our partners multiple opportunities for the development of enhanced formulations of their marketed drugs or enable the development of earlier stage drug candidates by improving bioavailability, reducing frequency of administration or aiding convenience.

Eurand’s proprietary drug formulation technologies include four primary technology platforms and nine distinct technologies.

These four primary technology platforms include:

  • Customized Release to control the release rate of drugs in the body thereby reducing frequency of administration and potentially enhancing efficacy and tolerability;
  • Dosage Form to improve patient compliance through more convenient dosage forms such as orally disintegrating tablets and taste-masked drugs;
  • Bioavailability Enhancement to improve absorption of poorly water soluble drugs, resulting in dose reduction and improved onset of action; and
  • Drug Conjugation offering the potential to extend drug half-life and to target specific organs or other biological targets such as tumors


Our ability to meet the drug optimization goals of our collaboration partners, coupled with our broad and validated technology platform and multinational research and development infrastructure, has allowed us to attract many of the leading pharmaceutical companies as collaboration partners and licensees. We have had four products approved by the FDA since 2000 and have currently many product candidates in development for ourselves and our partners.  Since January 2005, we have signed 20 new co-development agreements with pharmaceutical companies located in the United States, Europe and Japan.

We have successfully applied our technologies to drug products in a diverse range of therapeutic areas including cardiovascular, gastrointestinal, pain, nutrition and respiratory.

Our Products

Our licensees have commercialized more than 50 products worldwide that utilize our technologies.
These licensees, who include Eisai, GlaxoSmithKline, Novartis and sanofi-aventis, currently market products using our technologies in many of the world's largest pharmaceutical markets

We offer a portfolio of early to late-stage products utilizing our drug delivery technologies:

Zentase is a zero-overfill, highly-stable, porcine-derived pancreatic enzyme product (PEP) for the treatment of EPI.  A potentially lethal disease, EPI can occur as a complication of a variety of diseases, including cystic fibrosis, pancreatic cancer, surgery and chronic pancreatitis. There are no reliable statistics on the worldwide incidence of EPI, but in the U.S., it is estimated that more than 200,000 people suffer from EPI.  Results from two phase III studies of Zentase show a statistically and clinically significant improvement in the absorption of fat, protein and nutrients in patients suffering from EPI. Eurand is seeking licensee for this product in Japan and Europe.

Other products available for out-licensing:

  • Diffucaps Cyclobenzaprine ER capsules 15 and 30mg
  • Advatab Paracetamol ODT 250 and 500mg
  • Advatab Cetirizine ODT 10mg
  • Advatab Ranitidine ODT 150mg
  • Microcaps Ibuprofen fast melting tablets 200mg
  • Alendronate HCl 70 mg Once Weekly tablets
  • Diffucaps Pseudoephedrine HCL SR capsules 120mg
  • Diffucaps Sodium Diclofenac SR capsules 75 and 150mg
  • Diffucaps Vitamin C 300mg – Zinc 5mg
  • Diffucaps Vitamin C 500mg
  • Diffucaps Diltiazem SR capsules 120-180-240-300 and 360mg (once daily)
  • Diffucaps Isosorbide-5-Mononitrate SR capsules 40-50 and 60mg
  • Diffucaps Nifedipine SR capsules 30 and 60mg (once daily)

Partnering strategy/interests

Our objective is to be a leader in the development, manufacturing and commercialization of innovative specialty pharmaceutical products. Our strategy is to use our innovative technologies and know-how to enable the development of novel, value-added products that can improve patient's lives.

Throughout our history, we have invested in the development and application of innovative technologies that have resulted in the commercialization of more than 40 products worldwide. We have gained the insight and understanding of the global healthcare industry to develop products that meet the needs of patients, care providers and payors. We intend to build on those successes and continue to develop products that will help satisfy the unmet medical needs of the future.

We will continue to invest in our extensive research and development capabilities in the US and Europe and continue to seek new product development opportunities. These products may originate from our own research and development laboratories or may be in-licensed from other companies or academic institutions.

Out-licensing

Alendronate 70mg Once Weekly Tablets More
A zero-overfill, highly stable, porcine-derived pancreatic enzyme product (PEP) for the treatment of exocrine pancreatic insufficiency (EPI) More
Pancreatin 10,000- 20,000 and 25,000 FIP- units of lipase per capsule More
A 'once a day' novel formulation indicated for the treatment of muscle spasms associated with painful conditions More
Advatab™ Paracetamol combines 2 of Eurand's proprietary technologies AdvaTab™ and Microcaps® for highly effective taste-masking More
Fast melting tablets available in 200mg doses More
Sodium Diclofenac offered in SR capsules of 75 and 150mg More
Ketoprofen SR capsules offered in 100 and 200mg doses More
Advatab™ Cetirizine ODT 10mg combines 2 of Eurand's proprietary technologies AdvaTab™ and Microcaps® for highly effective taste-masking More
Pseudoephedrine offered in 120mg capsules More
Theophylline offered in 125- 250-375 and 500mg capsules More
Vitamin C offered in 300mg doses More
Vitamin C offered in 500mg doses alone More
Once daily doses of Diltiazem SR capsules 120-180-240-300 and 360mg More
SR capsules of Isosorbide-5-Mononitrate in 40-50 and 60mg doses More
Isosorbide Dinitrate SR capsules in 20-40-60 and 80mg doses More
Nifedipine SR capsules in 30 and 60mg doses More
Nifedipine SR capsules available in 10 and 20mg doses More

R&D

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Partnerships

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Deals

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Latest News

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Press Releases

(15th Apr 2008) Eurand N.V., announced today that Chiesi Farmaceutici SpA, has granted Eurand Pharmaceuticals Inc. (Eurand), an exclusive license to its gastro-resistant, controlled release tablet formulation of the corticosteroid, beclomethasone dipropionate. More
(3rd Dec 2007) Eurand N.V. (NASDAQ: EURX) announced today that Eurand Pharmaceuticals, Inc. has acquired the SourceCF family of companies ("SourceCF") for $6.6 million in cash. More
(27th Nov 2007) Eurand N.V. (NASDAQ: EURX) announced today the completion of a gastrointestinal (GI) bioavailability study on Zentase™ (EUR-1008), the Company's lead product candidate for the treatment of exocrine pancreatic insufficiency (EPI). More
(20th Nov 2007) Eurand N.V. (NASDAQ: EURX), a specialty pharmaceutical company that develops enhanced pharmaceutical and biopharmaceutical products announced today that it is scheduled to present at the Lazard Capital Markets 4th Annual Healthcare Conference More
(12th Nov 2007) Eurand N.V. (NASDAQ: EURX), a specialty pharmaceutical company that develops enhanced pharmaceutical and biopharmaceutical products has been selected for inclusion in the NASDAQ Biotechnology Index (Nasdaq: NBI), effective November 19, 2007. More
(9th Nov 2007) Eurand N.V. (NASDAQ: EURX), a specialty pharmaceutical company that develops enhanced pharmaceutical and biopharmaceutical products, today announced key achievements and financial results for the 3 months ended September 30, 2007. More
(17th Oct 2007) Eurand N.V. (NASDAQ: EURX) will host a conference call on Friday, November 9, 2007 at 8:00 AM Eastern Daylight Time, 2:00 PM Central European Time reporting third quarter 2007 financial results. More
(9th Aug 2007) Adjudication Panel Praises Innovative Approaches to Improving Bioavailability of Drugs More
(6th Aug 2007) Amsterdam, The Netherlands - August 6, 2007 -Eurand N.V. (NASDAQ: EURX), a specialty pharmaceutical company announced today that the Board of Directors of Eurand N.V. will convene an Extraordinary General Meeting (EGM) of the Company's shareholders More
(25th Jun 2003) Eurand Launches Advatab Fast Dissolve Technology More
(14th Mar 2003) -- Breakthrough Chronotherapy Treatment for Hypertension Utilizes Eurand's Diffucaps® Technology -- More
(5th Mar 2003) Total revenue of 94.6 Million Euros is a 13% increase on 2001 More
(5th Mar 2003) Combination of Eurand's Current Taste Masking and New Fast Melt Technologies Will Provide Enhanced Dosage Forms More
(12th Aug 2002) EURAND REPORTS SIX MONTH OPERATING RESULTS -- Revenues Up 25% Over 2001 More
(13th Mar 2002) EURAND REPORTS ANNUAL REVENUE GROWTH EXCEEDS 30% SINCE LBO More
(28th Feb 2002) EURAND FILES ANDA FOR POTASSIUM CHLORIDE PRODUCT More
(23rd Jan 2002) EURAND ACQUIRES NOVEL CONJUGATION TECHNOLOGY -- Acquisition Broadens Technology Platform and Provides Entrance Into Targeting and Parenteral Delivery -- More

Senior management

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Board of directors

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Head office

Eurand Spa
Via M Luther King, 13
Pessano con Bornago
Milan
20060
Italy

Tel:  +39 02 95 28 322
Fax: +39 02 95 74 5018/12
www | email

Contact details

Partnering Request
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Mr. James Hattersley
Senior Director, Business Development
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Ms. Marinella Puppi
Senior Director, Licensing
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Mr. Leonardo Rabaglia
VP Research and Development
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Mr. James Hattersley
Senior Director, Business Development
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Nadine Maalouf
Licensing and Sales Manager
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Company figures

Formed: 1969
Annual Turnover: $90,000,000
Number of employees: 500

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