Last checked at 23 Jul 2018 07:00
For immediate release | 23 July 2018 |
Futura Medical plc
("Futura" or the "Company")
TPR100: UK Regulatory Submission
Futura Medical plc (AIM: FUM), the innovative healthcare company focused on advanced transdermal technology, is pleased to announce that its UK commercialisation partner for TPR100, one of the Company's novel topical pain relief products, has filed the product's marketing authorisation application with the UK Medicines and Healthcare products Regulatory Agency.
TPR100 is licensed in the UK to Thornton & Ross, one of the UK's largest consumer healthcare companies and a subsidiary of STADA. Thornton & Ross holds exclusive rights to manufacture, distribute and market TPR100 in the UK for the lifetime of the product's patents, which run to 2028 in the UK.
TPR100, which benefits from the rapid skin permeation rates offered by Futura's proprietary DermaSys® delivery system, will be launched, once approved, as an over-the-counter and general sales ledger product for the local symptomatic relief of pain and inflammation in:
· trauma of the tendons, ligaments, muscles and joints, e.g. from sprains, strains and bruises
· localised forms of soft tissue rheumatism.
Futura has achieved statistically significant pain relief in a clinical study compared with placebo for TPR100, which is a non-steroidal anti-inflammatory drug ("NSAID") using diclofenac as its active ingredient.
James Barder, Chief Executive of Futura Medical, said: "The filing of this marketing authorisation application marks a very important step in the commercialisation of TPR100 in the UK. We are delighted by the commitment to the product shown by Thornton & Ross and we look forward to the product's launch in due course.
"TPR100 has the potential to be a best-in-class treatment in which the topical formulation and efficacy profile very successfully meet patient needs. We continue in commercial discussions with several potential distribution partners for territories outside of the UK."
For any further information please contact:
Futura Medical plc |
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James Barder, Chief Executive
| Tel: +44 (0)1483 685 670 |
mail to: james.barder@futuramedical.com | www.futuramedical.com |
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N+1 Singer (Nominated Adviser and Broker) |
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Aubrey Powell / Liz Yong
| Tel:+44 (0) 20 7496 3000 |
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For media enquiries please contact:
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Buchanan |
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Mark Court / Sophie Wills / Tilly Abraham | Tel: +44 (0)20 7466 5000 |
Notes to Editors
Futura Medical plc
Futura Medical is a pharmaceutical group that develops innovative products for both prescription and consumer healthcare markets. The Company is developing a portfolio of products and its strategy is to license their manufacture and distribution to major pharmaceutical and healthcare groups.
Futura is based in Guildford, Surrey, and its shares trade on the AIM market of the London Stock Exchange.
www.futuramedical.com