Warner Chilcott and Dong-A Sign U.S. License Agreement For Erectile Dysfunction Treatment

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Tue Jan 6, 2009 4:05pm EST

Warner Chilcott and Dong-A Sign U.S. License Agreement For Erectile
Dysfunction Treatment

HAMILTON, Bermuda, Jan. 6 /PRNewswire-FirstCall/ -- Warner Chilcott Limited
(Nasdaq: WCRX) today announced that it has signed an agreement with Dong-A
PharmTech Co. Ltd., based in Korea, to develop and market their
orally-administered udenafil product, a phosphodiesterase type 5 (PDE5)
inhibitor for the treatment of erectile dysfunction (ED) in the United States.
 Dong-A has successfully completed Phase 2 studies of the product in the
United States.

Under the terms of the agreement, Warner Chilcott has exclusive U.S. rights to
develop and market the product for the treatment of ED.  Dong-A will receive
an initial, up-front payment and may also be eligible to receive additional
payments upon achievement of certain milestones. 

The product was approved by the Korean Food and Drug Administration in
December of 2005 for the treatment of ED in Korea under the brand name Zydena.
 The product was also approved in Russia in July of 2008. 

About Warner Chilcott
Warner Chilcott is a leading specialty pharmaceutical company currently
focused on the women's healthcare and dermatology segments of the U.S.
pharmaceuticals market.  The Company is a fully integrated company with
internal resources dedicated to the development, manufacturing and promotion
of its products. WCRX-G 

Read more on http://www.wcrx.com. 

Warner Chilcott's Forward Looking Statements: 
This press release contains forward-looking statements, including statements
concerning our product development efforts. These statements constitute
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The words
"may," "might," "will," "should," "estimate," "project," "plan," "anticipate,"
"expect," intend," "outlook," "believe" and other similar expressions are
intended to identify forward-looking statements. Readers are cautioned not to
place undue reliance on these forward-looking statements, which speak only as
of their dates. These forward-looking statements are based on estimates and
assumptions by our management that, although we believe to be reasonable, are
inherently uncertain and subject to a number of risks and uncertainties. 

The following represent some, but not necessarily all, of the factors that
could cause actual results to differ from historical results or those
anticipated or predicted by our forward-looking statements: our substantial
indebtedness; competitive factors in the industry in which we operate
(including the approval and introduction of generic or branded products that
compete with our products); our ability to protect our intellectual property;
a delay in qualifying our manufacturing facility to produce our products or
production or regulatory problems with either third party manufacturers upon
whom we may rely for some of our products or our own manufacturing facility;
pricing pressures from reimbursement policies of private managed care
organizations and other third party payors, government sponsored health
systems, the continued consolidation of the distribution network through which
we sell our products, including wholesale drug distributors and the growth of
large retail drug store chains; the loss of key senior management or
scientific staff; adverse outcomes in our outstanding litigation or an
increase in the number of litigation matters to which we are subject;
government regulation affecting the development, manufacture, marketing and
sale of pharmaceutical products, including our ability and the ability of
companies with whom we do business to obtain necessary regulatory approvals;
our ability to manage the growth of our business by successfully identifying,
developing, acquiring or licensing new products at favorable prices and
marketing such new products; our ability to obtain regulatory approval and
customer acceptance of new products, and continued customer acceptance of our
existing products; changes in tax laws or interpretations that could increase
our consolidated tax liabilities; the other risks identified in our Annual
Report on Form 10-K for the year ended December 31, 2007; and other risks
detailed from time-to-time in our public filings, financial statements and
other investor communications. 

We caution you that the foregoing list of important factors is not exclusive.
In addition, in light of these risks and uncertainties, the matters referred
to in our forward-looking statements may not occur. We undertake no obligation
to publicly update or revise any forward-looking statement as a result of new
information, future events or otherwise, except as may be required by law.


SOURCE  Warner Chilcott Limited

Rochelle Fuhrmann, Investor Relations of Warner Chilcott Limited,
+1-973-442-3281, rfuhrmann@wcrx.com
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