Serono launches needle-free Serostim in USA

18 February 2002

Serono of Switzerland has launched a new needle-free formulation of itshuman growth hormone product Serostim (somatropin for injection) in the USA, marketed for wasting in patients suffering from HIV/AIDS. The new product, called SeroJet, is the first needle-free hGH product to be made available in the USA and will be offered at no additional cost to Serostim patients. Serono is hoping that the launch of SeroJet will go some way towards offsetting a decline in Serostim sales, which were down 8.5% to $125.3 million in 2001 and dropped 20.3% in the fourth quarter to $27 million, compared to the same period of 2000. The decline reflects a tightening in reimbursement for the drug and matters are unlikely to improve in 2002, said Serono.

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