Cardiome Enters Brinavess Distribution Agreement with Tamro AB in Sweden
NASDAQ: CRME TSX: COM
VANCOUVER, Feb. 11, 2014 /PRNewswire/ - Cardiome Pharma Corp. (NASDAQ: CRME / TSX: COM) today announced that its subsidiary, Correvio GmbH, has entered into an agreement with Tamro AB, headquartered in Gothenburg, Sweden, to distribute BRINAVESS® (vernakalant IV) to customers in the Swedish market.
"We are delighted to have entered into this distribution agreement with Tamro, a leader in pharmaceutical distribution in Sweden," said Karim Lalji, Cardiome's Chief Commercial Officer. "Our agreement will allow orders for BRINAVESS to be rapidly fulfilled and shipped to hospital customers. Coupled with the positive real-world effectiveness data from Skåne University Hospital in Malmö, Sweden that demonstrated conversion to normal sinus rhythm in approximately 70% of patients treated with BRINAVESS who were experiencing atrial fibrillation of less than 48 hours duration, we expect Sweden will be a key market for BRINAVESS growth."
"We are pleased to provide our logistics services and to distribute BRINAVESS on Cardiome's behalf to Swedish hospital customers," said Pontus Moberg, Tamro's General Counsel. "Our strong relationships with hospital customers, deep expertise in pharmaceutical distribution, and highly sophisticated logistics operations will ensure BRINAVESS customers have a seamless ordering and shipping experience."
Financial details of the agreement have not been disclosed.
About Cardiome Pharma Corp.
Cardiome Pharma Corp. is a specialty pharmaceutical company dedicated to the development and commercialization of cardiovascular therapies that will improve the quality of life and health of patients suffering from heart disease. Cardiome has two marketed, in-hospital, cardiology products, BRINAVESS® (vernakalant IV), approved in Europe and other territories for the rapid conversion of recent onset atrial fibrillation to sinus rhythm in adults, and AGGRASTAT® (tirofiban HCl) a reversible GP IIb/IIIa inhibitor indicated for use in patients with acute coronary syndrome.
Cardiome is traded on the NASDAQ Capital Market (CRME) and the Toronto Stock Exchange (COM). For more information, please visit our web site at www.cardiome.com.
About Tamro AB
Tamro AB is the leading and the only independent logistics service provider for pharmaceuticals in Sweden. We are owned by the PHOENIX group, which is one of the largest distributors of pharmaceuticals in Europe. More information on the group is available from phoenix-group.eu.com. Tamro has around 500 employees in Sweden. We constantly strive to develop our activities, and in order to succeed in this we invest a lot of effort in internal and external cooperation. Our head office is in Gothenburg, where we also have one distribution centre. There are also distribution centres in Stockholm and Umeå.
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SOURCE Cardiome Pharma Corp.