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Manhattan, N.Y.-based firm gains rights to market drug.

Publication: Newsday (Melville, NY)

Publication Date: 07-JUL-04
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COPYRIGHT 2004 Newsday

Byline: Regina Marie Glick

Jul. 7--Forest Laboratories Inc. has acquired the rights to market a drug that replicates the blood-clot-dissolving properties of vampire bat saliva.

Researchers believe the experimental drug, created by a German drug maker, has the potential to save thousands of stroke victims each year from extensive permanent brain damage.

In an agreement announced yesterday, Manhattan-based Forest will assume responsibility for Germany-based Paion GmbH's ongoing...

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