US Patent for Autoinjector
08 9월 2009 - 3:00PM
UK Regulatory
TIDMMLH
RNS Number : 6590Y
Medical House PLC
08 September 2009
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| For Immediate Release | 8 September 2009 |
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The Medical House PLC
US Patent Applications for ASITM Autoinjector Technology
Notices of Allowance
The Medical House PLC ("TMH" or the "Company")(AIM:MLH), the drug delivery
specialist, is pleased to announce that it has now received its first two
Notices of Allowance from the US Patent and Trade Mark Office in respect of
patents relating to its ASITM autoinjector device technology.
Ian Townsend, Chairman, The Medical House PLC, said:
"These are extremely significant milestones for our company as successful US
patent applications underpin our ability to out-license our ASITM autoinjector
technology to our international client base. These patent approvals increase the
likelihood of signing further licensing agreements for this key self-injection
technology."
On 12 August TMH announced that it had received an approach which may or may not
lead to an offer for the Company. A further announcement will be made in due
course.
Notes to Editors
Brief description of ASITM
The ASITM autoinjector technology enables patients to undertake a completely
automated injection, including needle insertion and medication injection to
needle withdrawal and safe retraction back into the device. When the injection
is completed, the entire device unit is disposable. With an ASITM autoinjector
device, patients never see or handle a needle, thereby reducing the anxiety that
many people have about self-injection and eliminating the risk of accidental
needlestick injuries.
About The Medical House below provides greater details on its products and
business.
Summary of ASITM Commercialisation Agreements
TMH has signed licensing partnerships for the ASITM autoinjector platform with
Dr. Reddy's Laboratories Ltd. (RDY-NYSE), Catalent Pharma Solutions, Inc. and
Stallergenes SA (GENP-EPA), together with an undisclosed global pharmaceutical
partner that licensed the ASITM autoinjector system .
-Ends-
For further information:
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| The Medical House PLC | tel: 0114 261 9011 |
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| Ian Townsend, Chairman | www.themedicalhouse.com |
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| Bryan Bodek Deputy Chairman | |
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| | |
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| Buchanan Communications | Tel: 0207 466 5000 |
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| Tim Anderson / Stasa Filiplic | |
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| | |
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| NomuraCode Securities | tel: 020 7776 1200 |
| Richard Potts / Wolf Dornbusch | |
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| | |
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| FinnCap | |
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| Stephen Norcross | Tel: 020 3207 3211 |
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About The Medical House
There is a growing trend in the pharmaceutical industry towards the use of
disposable autoinjectors, incorporating pre-filled syringes, which facilitate
patient self-injection, as a means of creating competitive advantage for
injectable drugs, including a number of significant new biologic products. TMH's
"ASI" disposable autoinjector technology allows injections to be easily and
safely undertaken by patients or by other non-clinicians such as family members
and colleagues and are suitable for both elective therapies and emergency
situations.
In October 2008 TMH announced a non-exclusive development, licence and supply
agreement with Catalent Pharma Solutions and Stallergenes to develop and
distribute a variation of the company's core disposable autoinjector technology
for use with epinephrine. Under the terms of this agreement, TMH will customise
its proprietary, patented ASI disposable autoinjector device technology,
according to an agreed specification and will be combined with epinephrine
supplied by Catalent to create epinephrine autoinjectors for both adult and
paediatric use.
These epinephrine autoinjectors are intended for the emergency treatment of
anaphylactic shock, mostly due to hymenoptera venom or food allergies and for
the use by patients themselves or by a person close to the patient in the event
of an emergency. The newly-created product will be distributed exclusively by
Stallergenes who are a European biopharmaceutical company, with annual sales in
2007 of EUR147 million, dedicated to desensitisation therapies for the prevention
and treatment of allergy-related conditions. The Agreement covers 13 European
countries, including the United Kingdom and incorporates provision for extension
to additional territories.
In July 2008, TMH announced that it has signed a non-exclusive development,
licensing and supply agreement with the global pharmaceutical company Dr Reddy's
Laboratories ("Dr Reddy's"). Under the terms of the Agreement, TMH will
customise its proprietary, patented ASI disposable autoinjector device
technology, which will be combined by Dr Reddy's with an undisclosed drug, to
create a new self-injectable product. The Agreement covers an initial 5 year
term of supply, within USA, European Union and Canada, with an option for Dr
Reddy's to extend the Agreement to the rest of the world, on mutually agreed
terms. The duration of the Agreement may also be extended, again by mutual
agreement. The development costs associated with customisation will be paid to
TMH in addition to reimbursement of all agreed external costs. First commercial
supply of the customised ASI device is expected to be in 2009-10 and TMH will
receive a technology access fee during the term of the agreement.
In November 2007, TMH announced that it has agreed to extend the term of the
development, licensing and supply agreement for the ASI which it signed in
December 2006 with a leading global pharmaceutical company. Under new terms, the
minimum duration has been increased from five to six years, with TMH agreeing to
a provision for further extension to approximately 16 years. TMH recently
commenced work on the pre-commercial phase of the agreement's development
programme In March 2008, TMH announced that it has received 510(k) clearance
from the U.S. Food and Drug Administration (FDA) for its Compact AutoSafety
Injector (CASI), which permits the placing of this device in the US market for
assisting the self-administered subcutaneous injection of fixed doses of
FDA-approved drug products presented in standard 1ml long pre-filled syringes
with staked needles. The CASI is a version of TMH's ASI disposable autoinjector
technology which is being developed for the global pharmaceutical company which
extended their Agreement with TMH in November 2007. In May 2008, TMH announced
that its global pharmaceutical partner had received regulatory approval in one
of the principal territories to which the Agreement relates for a drug, a
different formulation of which is in development for use with TMH's technology.
Also in November 2007, TMH announced that it has signed a strategic marketing
agreement with Catalent Pharma Solutions (formerly the Pharmaceutical
Technologies and Services segment of Cardinal Health, Inc), a leading global
provider of advanced technologies and outsourcing services to pharmaceutical and
biotechnology companies. Under the terms of this agreement, the companies will
jointly promote and market TMH's ASI system in combination with Catalent's
services and technologies, which include sterile filling of pre-filled syringes.
Catalent offers extensive capabilities for the development, manufacture and
packaging of pharmaceutical and biotechnology products, and brings to the
collaboration extensive customer relationships in nearly 100 countries, and an
experienced business development team operating in the world's leading
pharmaceutical markets. The companies are also exploring opportunities to
jointly develop specific drug & device combination products, suitable for
out-licensing and/or marketing partnerships with pharmaceutical industry
partners.
Additional information is available at www.themedicalhouse.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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