NEW YORK and ARNHEM, Netherlands, Nov. 28 /PRNewswire-FirstCall/ -- Organon and Pfizer today announced that they have agreed to discontinue their collaboration in the further development of asenapine, a new drug candidate for the treatment of schizophrenia and acute mania associated with Bipolar I Disorder. Pfizer's decision to discontinue its participation in the asenapine development program is an outcome of a commercial analysis of the compound as a part of its overall portfolio. Pfizer will return all product rights, intellectual property and data to Organon and make orderly transitions during 2007. Organon will continue to develop asenapine. DATASOURCE: Pfizer Inc CONTACT: Paul Fitzhenry, +1-212-733-4637 for Pfizer Inc Web site: http://www.pfizer.com/ Company News On-Call: Pfizer's press releases are available through PR Newswire's Company News On-Call service on PRN's Web Site. Visit http://www.prnewswire.com/comp/688250.html Company News On-Call: http://www.prnewswire.com/comp/688250.html

Copyright