Salute e Benessere
Neuraxpharm and Pharmathen enter into strategic co-development agreement to develop long-acting injectable therapies
Under this agreement, Neuraxpharm will have exclusive rights to commercialise these therapies in Europe , and in countries outside of Europe where the group has a direct presence, while Pharmathen will have exclusive rights for North America and all other countries not covered by Neuraxpharm.
Pharmathen's LATT program uses its proprietary technologies to replace traditionally available short acting dosage forms, such as tablets or injectables, into longer acting injectable therapies to address unmet needs of prescribers and patients. LATT support better long-term control of symptoms, provide greater patient compliance, and improved convenience in the treatment of patients.
Pharmathen, with a proven track record in the development and launch of LAI products globally, will be the technological, manufacturing and supply partner. Neuraxpharm with its long-proven commercialisation expertise for CNS products in Europe will register and market the products across Europe and other direct Neuraxpharm markets. Neuraxpharm is now established in more than 20 European countries, with affiliates in Latin America , the Middle East , and a global network of distributors.
Neuraxpharm is a leading European specialty pharmaceutical company focused on the treatment of the central nervous system (CNS), including both psychiatric and neurological disorders. It has a unique understanding of the CNS market built over 35 years.
Neuraxpharm is constantly innovating, with new products and solutions to address unmet patient needs and is expanding its portfolio through its pipeline, partnerships, and acquisitions.
The company has c.1,000 employees and develops and commercializes CNS products through a direct presence in more than 20 countries in Europe , two in Latin America , one in the Middle East , and globally via partners in more than 50 countries. Neuraxpharm is backed by funds advised by Permira.
Neuraxpharm manufactures many of its pharmaceutical products at Neuraxpharm Pharmaceuticals (formerly Laboratorios Lesvi) in Spain .
For more information, please visit https://www.neuraxpharm.com
Founded in 1969, Pharmathen has evolved into one of the largest vertically integrated companies developing innovative pharmaceutical formulations. With top-level Research and Development in cutting-edge technologies, Pharmathen today works on one of the most complex and advanced portfolios, consisting of more than 40 products, focusing on Injectable Sustained Release Products, Controlled Release Formulations, and Ophthalmic products. Its products are manufactured in the company's facilities in Greece , which are approved by the US Food and Drug Administration (FDA) and the European Union. Pharmathen's highly diversified product portfolio, with more than 90 commercial products, is sold to 250 cooperating clients, providing access to patients in more than 90 countries worldwide.
For more information, please visit https://www.pharmathen.com
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