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Presents Data on MED2005 at SMSNA Annual Meeting

9 Nov 2018 07:00

RNS Number : 8447G
Futura Medical PLC
09 November 2018
 

Futura Medical Presents Data on MED2005 for the Treatment of Erectile Dysfunction at the 19th Annual Fall Scientific Meeting of Sexual Medicine Society of North America (SMSNA)

 

9 November 2018

 

Futura Medical plc (AIM: FUM) (the "Company"), a pharmaceutical company developing a portfolio of innovative products for sexual health and pain relief, today announces that it will be presenting data on its DermaSys® drug delivery technology and lead product MED20051, a topical glyceryl trinitrate ("GTN") gel for the treatment of erectile dysfunction ("ED"), at the 19th Annual Fall Scientific Meeting of SMSNA, on 8-11 November 2018 at the Loews Miami Beach Hotel, Miami, Florida USA.

 

Tim Holland, Director of Clinical Development at Futura Medical, will give an oral presentation (#155) entitled "Pharmacokinetics (PK) of MED2005, a Topical Glyceryl Trinitrate Gel for the Treatment of Erectile Dysfunction2" on Friday 9 November at 16:25 EST. The presentation will be part of the 'Erectile Dysfunction (Medical) - Moderated Posters' session.

 

The PK data to be presented demonstrate that MED2005 has been shown to have a rapid absorption, good bioavailability and an acceptable safety profile at doses higher than 0.2% studied in the previously reported Phase 2 clinical study ("FM53"). In addition, the PK study demonstrated similar or lower bioavailability of GTN when administered via MED2005 compared with Nitrostat® at doses 0.2%, 0.4%, and 0.6% GTN.

 

Results also demonstrated that plasma concentrations of GTN and its two major metabolites increased proportionally with increasing MED2005 dosage. The highly encouraging results build on the data from FM53 that demonstrated statistically significant benefit over placebo in humans using the internationally accepted IIEF-EF trial endpoints. This supports the Company's strong belief that the higher dose forms of MED2005 should improve efficacy with an acceptable safety profile and meet US FDA's requirements for the simplified 505(b)2 regulatory pathway. Results of FM53 were published in a peer reviewed paper in The Journal of Sexual Medicine in February 2018.

 

James Barder, Chief Executive Officer of Futura Medical, said: "We are very pleased to share in more detail these meaningful findings on our lead programme MED2005 with the medical community at this prestigious meeting. These PK data demonstrate the potential of MED2005 as a safe and fast-acting erectile dysfunction treatment with a favourable side effect profile, a key differentiator to other ED products on the market."

 

Futura recently announced that the first patient has been enrolled in the first European Phase 3 study, ("FM57"), of MED2005 that will recruit approximately 1,000 patients with mild, moderate or severe ED

 

ENDS

 

1Holland, T1; Mason, R2; Terrill, P3; Blakey, G4; James, K1

1: Futura Medical Developments Limited; 2: RSM Medical Services Limited; 3: Cytel UK; 4: Consult2deliver

The study was funded by Futura Medical.

2 MED2005 is the codename used by Futura for the 'locked' formulation for use in ongoing clinical trials. MED2002 is the codename used by Futura for all proprietary formulations of GTN.

 

For further information please contact:

Futura Medical plc James Barder, Chief ExecutiveAngela Hildreth, Finance Director and COO

Email: Investor.relations@futuramedical.comTel: +44 (0) 1483 685 670

Nominated Adviser and Broker:N+1 SingerAubrey Powell/ Ben Farrow (Corporate Finance)

Tom Salvesen/ Mia Gardner (Corporate Broking)Tel: +44 (0) 20 7496 3000

 

For media enquiries please contact:

Optimum Strategic Communications

Mary Clark/ Hollie Vile/ Ellie Blackwell

Email: futuramedical@optimumcomms.com

Tel: +44 (0) 20 3950 9144

 

Notes to editors:

 

About Futura Medical plc

Futura Medical plc (AIM: FUM), is a pharmaceutical company developing a portfolio of innovative products based on its proprietary, transdermal DermaSys® drug delivery technology. These products are optimised for clinical efficacy, safety, administration and patient convenience and are developed for the prescription and consumer healthcare markets as appropriate. Current therapeutic areas are sexual health, including erectile dysfunction, and pain relief. Development and commercialisation strategies are designed to maximise product differentiation and value creation whilst minimising risk.

 

Futura is based in Guildford, Surrey, and its shares trade on the AIM market of the London Stock Exchange. www.futuramedical.com

 

About MED2005: Eroxon® - Topical treatment for erectile dysfunction (ED)

MED2005, which uses Futura's DermaSys® drug delivery system, is the development name for its topical glyceryl trinitrate ("GTN") gel. It has the potential to be a highly differentiated therapy for the treatment of men with ED, especially mild to moderate ED. MED2005's rapid onset of action means that it has the potential to become the world's fastest-acting treatment for ED, with a speed of onset of around five minutes. Viagra® and Cialis® which dominate the existing on-market ED therapies are taken orally and do not take effect for at least 30 minutes and typically one hour or more1. Speed of onset and method of administration of MED2005 also help restore spontaneity and intimacy. Importantly, MED2005 may also be appropriate for ED sufferers on nitrates and other drugs that are contraindicated for 5 use with phosphodiesterase-5-inhibitors ("PDE5Is") such as Viagra® and Cialis® and other existing oral ED treatments.

 

Note 1: US patient information for Viagra® and Cialis®

Forward looking statements

This announcement may contain certain forward-looking statements. Whilst the Directors believe all such statements to have been fairly made on reasonable assumptions, there can be no guarantee that any of them are accurate or that all relevant considerations have been included in the directors' assumptions; accordingly, no reliance whatsoever should be placed upon the accuracy of such statements, all of which are for illustrative purposes only, are based solely upon historic financial and other trends and information, including third party estimates, and may be subject to further verification. These forward-looking statements are based on management's current expectations as of the date of this announcement and should not be relied upon as representing the Company's views as of any date subsequent to the date of this press release. These statements involve known and unknown risks, uncertainties and other important factors that may cause the Company's actual results, performance or achievements to be materially different from any expectations expressed or implied by the forward-looking statements. These and other important factors, under the heading "Risk Factors" in the Company's recently issued circular to shareholders in relation to its proposed fundraising (available at https://www.futuramedical.com/archive/2018-GM-Notice-121118.pdf) and under the heading "Principal risks and uncertainties" in the Company's last annual report, could cause actual results to differ materially from those indicated by the forward-looking statements made in this announcement. Neither the Company nor its Directors makes any representation or warranty in respect of the accuracy, completeness or verification of the contents of this announcement.

James Barder, CEO, and Angela Hildreth, FD & COO arranged for the release of this announcement on behalf of the Company.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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NRABCBDBGXGBGII
Date   Source Headline
25th May 200710:33 amRNSNotice of Preliminary Results
17th May 20077:01 amRNSHolding(s) in Company
14th May 20077:02 amRNSMED2002 Update
9th May 20077:02 amRNSCSD500 Patents granted
4th May 20077:01 amRNSConference Presentation
18th Apr 20077:01 amRNSDermaSys Agreement with GSK
22nd Mar 200711:02 amRNSHolding(s) in Company
20th Mar 20077:01 amRNSHolding(s) in Company
28th Feb 20077:01 amRNSLaunch of DermaSys Brand
31st Jan 20078:00 amRNSAdditional Listing
18th Jan 200712:52 pmRNSHolding(s) in Company
20th Dec 20067:01 amRNSTotal Voting Rights
16th Nov 20067:01 amRNSCSD500 Regulatory Update
12th Oct 20067:00 amRNSTechnical Seminar
21st Sep 20067:01 amRNSInterim Results
7th Sep 20067:00 amRNSNotice of Interim Results
6th Sep 20067:01 amRNSDCF100 Skin Study Results
17th Jul 20067:00 amRNSFLD500 Scale-up Trials
6th Jul 20067:01 amRNSNew Product Update
4th Jul 20062:44 pmRNSIssue of Equity
4th Jul 20062:39 pmRNSAgreement with GSK
27th Jun 20061:01 pmRNSHolding(s) in Company
21st Jun 200611:13 amRNSComment on Press Speculation
22nd May 20067:01 amRNSPreliminary Results
9th May 20067:00 amRNSUpdate on MED2002
6th Feb 200611:34 amRNSAdditional Listing
1st Feb 20067:00 amRNSAdditional Listing
3rd Jan 200612:50 pmRNSHolding(s) in Company
21st Dec 20054:14 pmRNSAdditional Listing
9th Dec 20057:01 amRNSRe: Global Rights
30th Nov 200510:18 amRNSAdditional Listing
28th Nov 20057:01 amRNSEU Marketing Submission
21st Nov 20057:02 amRNSStudy Results
7th Nov 20057:00 amRNSStudy Results
5th Sep 20057:00 amRNSInterim Results
12th Aug 20057:00 amRNSProduct development update
19th Jul 200511:00 amRNSNotice of Results
6th Jul 20057:00 amRNSSSL acquires rights to FLD500
5th Jul 200510:45 amRNSHolding(s) in Company
6th Jun 20053:38 pmRNSNotice of AGM
17th May 20052:44 pmRNSHolding(s) in Company
25th Apr 20057:00 amRNSManufacturing trials
22nd Mar 200510:11 amRNSGrant of options
21st Mar 20057:01 amRNSFinal Results
18th Mar 200512:58 pmRNSNotice of Results
28th Feb 20051:06 pmRNSChange of Advisers
1st Feb 20054:00 pmRNSHolding(s) in Company

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