|
19 June 2009: Fostrap Partner for Japan Announced
Chertsey, UK, 19th June 2009. CM&D Pharma Limited, the European specialty company, is pleased to announce that it has entered into an agreement with Healthserve Limited to develop and market Fostrap, its treatment for hyperphosphataemia, for the Japanese market. Healthserve has also received the rights to market Fostrap in certain other Asian territories.
Healthserve will soon start a clinical program meant to complete a suitable dossier for early filing as a Medical Food, known as FOSU in Japan.
As a result of this agreement, CM&D will receive an immediate cash payment, followed by milestones triggered at various points of Fostrap’s regulatory progress in Japan. Further financial details were not disclosed.
Danilo Casadei Massari, Founder and Corporate Development Director for CM&D said:
"We are delighted to announce this first development collaboration for Fostrap. Japan is a leading world market and around 300.000 patients per year are in late stage Chronic Kidney Disease (CKD). Healthserve has a long and successful track record in the clinical development of products for CKD."
-ends-
About Fostrap:
Current treatments concentrate on binding to phosphorus in the gastro-intestinal tract. Fostrap’s main innovation is that it contributes to lowering hyperphosphatemia by binding to phosphorus in the saliva. This approach is complementary to current therapies and will increase the number of responders to treatment, also helping to reduce the cardiovascular risk associated with high phosphate levels. Fostrap is presented as an innovative 3-layered and pleasant-tasting chewing gum, allowing for a wide range of dosing options.
About CM&D:
CM&D Pharma Limited is a European niche specialty company founded in 2007, which plans to become one of the few pan-European pharmaceutical companies with its own commercial organisation targeting specialists in the five major European markets (France, Germany, Italy, Spain and the UK). It is establishing its own niche product and technology platform for in-house development.
Contact:
Danilo Casadei Massari: +44 1932 796259, Chertsey, UK, 19th June 2009. CM&D Pharma Limited, the European specialty company, is pleased to announce that it has entered into an agreement with Healthserve Limited to develop and market Fostrap, its treatment for hyperphosphataemia, for the Japanese market. Healthserve has also received the rights to market Fostrap in certain other Asian territories.
Healthserve will soon start a clinical program meant to complete a suitable dossier for early filing as a Medical Food, known as FOSU in Japan.
As a result of this agreement, CM&D will receive an immediate cash payment, followed by milestones triggered at various points of Fostrap’s regulatory progress in Japan. Further financial details were not disclosed.
Danilo Casadei Massari, Founder and Corporate Development Director for CM&D said:
"We are delighted to announce this first development collaboration for Fostrap. Japan is a leading world market and around 300.000 patients per year are in late stage Chronic Kidney Disease (CKD). Healthserve has a long and successful track record in the clinical development of products for CKD."
-ends-
About Fostrap:
Current treatments concentrate on binding to phosphorus in the gastro-intestinal tract. Fostrap’s main innovation is that it contributes to lowering hyperphosphatemia by binding to phosphorus in the saliva. This approach is complementary to current therapies and will increase the number of responders to treatment, also helping to reduce the cardiovascular risk associated with high phosphate levels. Fostrap is presented as an innovative 3-layered and pleasant-tasting chewing gum, allowing for a wide range of dosing options.
About CM&D:
CM&D Pharma Limited is a European niche specialty company founded in 2007, which plans to become one of the few pan-European pharmaceutical companies with its own commercial organisation targeting specialists in the five major European markets (France, Germany, Italy, Spain and the UK). It is establishing its own niche product and technology platform for in-house development.
Contact:
Danilo Casadei Massari: +44 1932 796259
> Back
|