Noven Pharmaceuticals Inc. announced that Phase I studies forits transdermal estrogen/progestogen combination deliverysystem are under way.

The studies are being conducted by Rhone-Poulenc Rorer(NYSE:RPR) which has an exclusive worldwide license to theproduct.

Noven (NASDAQ:NOVN) of Miami is applying its adhesive-basedtransdermal drug-delivery technology to hormone replacementtherapy, which is apparently beneficial in controllingmenopausal symptoms, osteoporosis and cardiovascular events.

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