Tranzyme Pharma is a late-stage biopharmaceuticalcompany focused on discovering, developing and commercializing novel,mechanism-based therapeutics for the treatment of upper GImotility disorders. While approximately 40 percent of people in the United States. areaffected by these persistent and recurring conditions that disrupt the normalmovement of food throughout the GI tract, currently there are a limited numberof safe and effective treatment options, the company notes.
Tranzyme is developing TZP-102, anoral ghrelin agonist with reportedly potent prokinetic properties for treating thesymptoms associated with chronic GI motility disorders. This product candidatetargets a significant underserved market. Enrollment in a multinational, phase IIb trial is ongoing; top-line data is expected by year-end 2012.
Norgine is an independent, Europeanspecialty pharmaceutical company that has been established for over 100 yearsand has a presence in all major European markets. In 2011, Norgine's netproduct sales were 250 million Euros, and the company employs more than 1,200 people. Norgine'sfocus is the development and marketing of pharmaceutical products that addresssignificant unmet clinical needs in therapeutic areas such as gastroenterology,hepatology and supportive care.