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GlaxoSmithKline plc

Drug Names(s): Carvedilol, Kredex, Eucardic

Description: Coreg (Carvedilol) is a nonselective ß-adrenergic blocking agent with a1-blocking activity. Coreg lowers cardiac output and lowers blood pressure without worsening blood sugar or cholesterol levels.

Deal Structure: Coreg CR tablets are the controlled-release formulations of Coreg.

In May 1998, Hoffmann-La Roche commenced co-promotion with SmithKline Beecham (SB) of Coreg. Roche will co-promote Coreg as part of its acquisition of Boehringer Mannheim.

In August 2000, SB paid Roche $400 million in cash for exclusive rights, in the United States and Canada, for Coreg.

Coreg News

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