Cardiome Pharma (CRME) Moves Closer to XYDALBA Launch in the UK

November 29, 2016 8:04 AM EST

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Cardiome Pharma Corp. (NASDAQ: CRME) is pleased to announce that it has moved one step closer to launching XYDALBA in the UK by receiving an established price from the Secretary of State for Health, under regulation 3 of the Health Service Branded Medicines Regulations.

Commenting on the development, Hugues Sachot, Senior Vice President Commercial at Cardiome said, "We are extremely pleased with the progress that XYDALBA continues to make toward our imminent launch in the UK and other European countries we have under license from Allergan plc. The creation of an established price does not guarantee reimbursement in the UK, but it is a critical step in preparation for launch by allowing Cardiome to start negotiating with individual hospitals to gain formulary access for XYDALBA. Cardiome expects to make its first commercial sale in the UK before the end of 2016. We also continue to receive excellent feedback from our other countries as we prepare to offer physicians access to this unique dosage regimen that provides a new treatment approach giving patients, healthcare professionals and hospitals greater flexibility in managing serious skin infections."

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