SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a - 16 OR 15d - 16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of February, 2005
SkyePharma PLC
SkyePharma PLC, 105 Piccadilly, London W1J 7NJ England
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40F.
Form 20-F X Form 40-F
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No X
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _______
| For immediate release | 1 February 2005 | ||
SKYEPHARMA AND FIRST HORIZON EXTEND AGREEMENT
FOR NOVEL FORMULATION OF FENOFIBRATE
LONDON, UK, 1 February 2005 -- SkyePharma PLC (Nasdaq: SKYE; LSE: SKP) announces
today that it has extended an agreement with First Horizon Pharmaceutical
Corporation ("First Horizon", Nasdaq: FHRX) originally signed in May 2004 in
connection with SkyePharma's novel formulation of fenofibrate, currently under
review by the US Food and Drug Administration ("FDA"). Subject to FDA approval,
the amended agreement would now permit First Horizon to launch the novel
fenofibrate product in the first half of 2005.
Michael Ashton, SkyePharma's Chief Executive Officer, said: "We are delighted by
this demonstration of First Horizon's continuing commitment."
SkyePharma PLC develops pharmaceutical products benefiting from world-leading
drug delivery technologies that provide easier-to-use and more effective drug
formulations. There are now nine approved products incorporating three from
SkyePharma's five technologies in the areas of oral, injectable, inhaled and
topical delivery, supported by advanced solubilisation capabilities. For more
information, visit www.skyepharma.com.
For further information please contact:
| SkyePharma PLC | |||
| Michael Ashton, Chief Executive Officer | +44 207 491 1777 | ||
| Peter Laing, Director of Corporate Communications | +44 205-491 5124 | ||
| Sandra Haughton, US Investor Relations | +1 212 753 5780 | ||
Buchanan Communications | +44 207 466 5000 | ||
| Tim Anderson / Mark Court | |||
Except for the historical information herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based upon a number of factors, which are described in SkyePharma's 20-F and other documents on file with the SEC. These include without limitation risks in obtaining and maintaining regulatory approval for existing, new or expanded indications for its products, other regulatory risks, risks relating to SkyePharma's ability to manufacture pharmaceutical products on a large scale, risks that customer inventory will be greater than previously thought, risks concerning SkyePharma's ability to manage growth, SkyePharma's marketing partners' ability to market a pharmaceutical product on a large scale and manage their sales and marketing organisation and maintain or expand sales and market share for its products, risks relating to the ability to ensure regulatory compliance, risks related to the research, development and regulatory approval of new pharmaceutical products, risks related to research and development costs and capabilities, market acceptance of and continuing demand for SkyePharma's products and the impact of increased competition, risks associated with anticipated top and bottom line growth and the possibility that upside potential will not be achieved, competitive products and pricing, and risks associated with the ownership and use of intellectual property rights. SkyePharma undertakes no obligation to revise or update any such forward-looking statement to reflect events or circumstances after the date of this release.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
SkyePharma PLC
By: /s/ Douglas Parkhill
Name: Douglas Parkhill
Title:
Company Secretary
Date: February 01, 2005