Dublin – May 2, 2017 – Cosmo Pharmaceuticals N.V. (SIX: COPN) today announced that Aries Pharmaceuticals, Inc., the new United States (US) San Diego, California based subsidiary of its 100% subsidiary Aries Pharmaceuticals Ltd., Dublin, has launched Eleview™, for use in gastrointestinal endoscopic procedures in the USA.
Eleview™, is a novel, ready to use, submucosal injectable composition for use in the easy and safe endoscopic removal of polyps, adenomas, and early stage cancers, and other lesions in the gastrointestinal (GI) tract. Eleview™ offers important benefits for gastroenterologists. Upon injection, the product forms an immediate cushion of optimal shape, height and duration. The inclusion of methylene blue, a contrast dye, improves visibility of the lesion. By providing an immediate and long-lasting cushion beneath the polyp and improving the visibility of the lesion, Eleview™ may help achieve a complete and safe removal of the lesion. When compared to saline, one of the most commonly used agents, Eleview™ has demonstrated better cushion-forming ability and a duration of lift of up to 45 minutes. As a ready to use, sterile, premixed composition, it is a convenient option for clinicians.
Aries Presence at DDW
Aries be will at Digestive Disease Week (DDW) in Chicago, May 6-9th introducing Eleview™ to the gastroenterology community. The company will be exhibiting at Booth #2526 during the DDW and hosting nine product breakout sessions throughout the conference.
Eleviews marketing trial
Cosmo plans to announce the outcome of Eleviews marketing trial in May 8, 2017 and Prof Douglas Rex will present the results of the trial at the DDW on May 8, 2017.
About Cosmo Pharmaceuticals
Cosmo is a specialty pharmaceutical company that aims to become a global leader in the field of optimized therapies for selected Gastrointestinal Disorders and Endoscopic Procedures. The Company’s proprietary clinical development pipeline specifically addresses innovative treatments for IBD, such as Ulcerative Colitis and Crohn’s Disease, and Colon Infections. In addition, the Company has developed a medical device for polyp and adenoma excision and is has completed clinical trials of LuMeBlue™, a diagnostic drug for the detection of colon cancer as well as new chemical entities that are being developed by the associate company Cassiopea S.p.A. for the topical treatment of skin diseases. Cosmo’s MMX® products that have reached the market are Lialda®/Mezavant®/Mesavancol®, a treatment for IBD that is licensed globally to Giuliani and Shire Limited and Uceris®, the first glucocorticosteroid indicated for the induction of remission in active, mild to moderate Ulcerative Colitis, licensed in US to Santarus/Salix/Valeant and in the Rest of the World to Ferring as Cortiment®. Cosmo’s proprietary MMX® technology is at the core of the Company’s product pipeline and was developed from its expertise in formulating and manufacturing gastrointestinal drugs for international clients at its GMP (Good Manufacturing Practice) facilities in Lainate, Italy. The technology is designed to deliver active ingredients in a targeted manner in the colon. For further information on Cosmo, please visit the Company’s website: www.cosmopharma.com
Next events
Annual General Meeting Amsterdam, May 24, 2017
Jefferies Global Health Care Conference New York, June 7-10, 2017
Half-Year Results July 28, 2017
Contact
Dr. Chris Tanner, Head of Investor Relations
Cosmo Pharmaceuticals N.V.
Tel: +353 (1) 8170 370
ctanner@cosmopharma.com
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