Dec 10 2009
Emisphere Technologies, Inc. (OTC BB:EMIS) today announced that an 
      independent Data Monitoring Committee (“DMC”) informed Novartis and its 
      partner Nordic Bioscience about their recommendation to proceed with the 
      Osteoporosis (“OP”) Phase 3 Study 2303 and the Osteoarthritis (“OA”) 
      Phase 3 Study 2301 exploring the safety and efficacy of an oral 
      formulation of salmon calcitonin to treat patients with osteoporosis and 
      osteoarthritis of the knee.
    
    
      This recommendation is based on a futility analysis of one-year data for 
      all patients enrolled in the study for 12 months and includes both an 
      assessment of safety and efficacy parameters.
    
    
      Based on this interim analysis, DMC is of the opinion that there are no 
      major or unexpected safety concerns and recommends to proceed with the 
      studies to evaluate the efficacy and safety profile of oral calcitonin 
      at two years as planned.
    
    
    
Source:
Emisphere Technologies, Inc.