Cornerstone BioPharma, Inc Obtains Exclusive Licensing Rights for Spectracef

Released on = November 9, 2006, 6:10 am

Press Release Author = Cornerstone BioPharma

Industry = Pharmaceuticals

Press Release Summary = Triangle-based specialty pharmaceutical company to serve
$1.3 billion per year oral cephalosporin market

Press Release Body = CARY, NORTH CAROLINA - November 9, 2006 - Cornerstone
BioPharmaT, the Triangle-based specialty pharmaceutical company currently focused on
the development and commercialization of niche prescription medications in the
respiratory arena, today announced the company has obtained exclusive U.S. licensing
rights from leading Japanese pharmaceutical company Meiji Seika Kaisha for
Spectracef (cefditoren pivoxil).

Spectracef is a cephalosporin oral antibiotic used to treat adults and adolescents
(12 years of age or older) with certain bacterial infections of the lungs, throat
and skin. The drug is indicated to treat Community-Acquired Pneumonia (CAP), Acute
Bacterial Exacerbation of Chronic Bronchitis (ABECB), Pharyngitis/Tonsillitis and
Uncomplicated Skin and Skin-Structure Infections (USSSI). Effective immediately,
Cornerstone BioPharma's seasoned sales force will begin promotion and sale of
Spectracef to primary care providers, allergists and otolaryngologists nationwide.

"We are pleased and honored to be partnering with such a well-respected leader in
the pharmaceutical industry such as Meiji Seika Kaisha," commented Craig Collard,
CEO of Cornerstone BioPharma. "Meiji Seika Kaisha's Spectracef represents
tremendous potential and opportunity for us. In just the past year alone 35 million
oral cephalosporin pills were prescribed pushing the market well over the $1.3
billion mark."


"By strategically aligning our product, Spectracef, with Cornerstone BioPharma's
proven sales organization, we are in a position to make a tremendous positive impact
on patients in the U.S. suffering from certain bacterial infections," commented A
Otsubo, Meiji Seika Kaisha executive vice president. "We are pleased and excited to
have partnered with Cornerstone BioPharma and look forward to exploring ways through
which we can expand upon this relationship in the future."

Cornerstone BioPharma also promotes the AlleRx T product line for the temporary
relief of symptoms associated with allergic rhinitis, vasomotor rhinitis, and the
common cold. Currently, the US allergy market exceeds $3.3 billion in annual sales
as more than 50 million Americans suffer from allergy symptoms.

# # #

About Cornerstone
Cornerstone BioPharma, Inc. (www.cornerstonebiopharma.com), located next to North
Carolina's Research Triangle Park, is an emerging specialty pharmaceutical company
that is currently focused on the development and commercialization of niche
prescription medications in the respiratory arena. Cornerstone is actively engaged
in strategic licensing of additional prescription products through acquisitions,
strategic partnerships and new product development.

About Meiji Seika Kaisha
Since its establishment in 1916, Meiji Seika Kaisha, Ltd.
(http://www.meiji.co.jp/en) has long played a part in helping people lead happier
and more fulfilling lives. The pharmaceutical company concentrates on providing
anti-infectives and central nervous system drugs for the treatment of diseases, and
it has a growing line of generic drugs. As an organization that is closely linked
to the preservation of good health and life, Meiji Seika will continue to fulfill
its social responsibility and provide products that help its customers lead
fulfilling lives while adhering to the highest ethical standards.


Web Site = http://www.cornerstonebiopharma.com

Contact Details = Jonathan Jordan
919 Marketing/919.557.7890
jjordan@919marketing.com

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