IntelGenx Announces Commercial Launch of RIZAPORT® in Spain | 2021-09-07 | Press Releases
SAINT LAURENT, Quebec, Sep 07, 2021 (GLOBE NEWSWIRE) – IntelGenx Corp. (TSX V: IGX) (OTCQB: IGXT) (the “Company” or “IntelGenx”) today announced that Exeltis Healthcare SL (“Exeltis”), its marketing partner in the European Union (“EU”) ) for RIZAPORT®, a unique product for the treatment of acute migraines, has launched the product in Spain.
RIZAPORT® is a proprietary thin-film oral formulation of rizatriptan benzoate, a 5-HT1 receptor agonist and the active drug from Maxalt from Merck & Co.®. Rizatriptan is considered to be one of the most effective oral triptans, a class of molecules that constrict blood vessels in the brain to relieve swelling and other symptoms of migraine.1 RIZAPORT® is based on IntelGenx proprietary VersaFilm® Technology. It dissolves quickly and releases its active ingredient in the mouth. The method of administration of RIZAPORT® the oral soluble film, which does not require the patient to swallow a pill or consume water, as well as its neutral flavor, presents a therapeutic alternative for migraine patients, especially for those who suffer from migraine-related nausea, estimated at around 80% of the total migraine patient population, and for patients with dysphagia (difficulty swallowing).1
“This is the first VersaFilm®product based on the global pharmaceutical market launch and follows IntelGenx ‘recent transition to a commercial stage, ”said Dr. Horst G. Zerbe, CEO of IntelGenx. “The European migraine medication market is large and growing. It was valued at over US $ 1 billion in 2019 and is expected to approach US $ 1.5 billion by 2024.2 We look forward to continuing to support Exeltis’ launch of RIZAPORT® in Spain, as well as its plans to offer this therapy to migraine patients in other EU countries in the future. ”
“We are delighted to bring this innovative and easy-to-administer treatment to migraine patients in Spain,” said Alberto Fabregas, Managing Director of Exeltis Healthcare. “We are also looking forward to continuing our collaboration with IntelGenx and launching RIZAPORT® in other markets. ”
1 Láinez MJA. (2006) Rizatriptan in the treatment of migraine. Neuropsychiatrist Dis Treat. September 2006; 2 (3): 247-259.
2 Lipton RB, Buse DC, Saiers J, Fanning KM, Serrano D, Reed ML. (2013) Frequency and Burden of Headache-Related Nausea: Findings from the US Migraine Prevalence and Prevention Study (AMPP), Headache. 2013 Jan; 53 (1): 93-103.
3 Market data forecasts. “Europe Migraine Drugs Market Industry Report 2019-2024. Market Data Forecast, Aug 18, 2020, www.marketdataforecast.com/market-reports/europe-migraine-drug-Market.
About Exeltis Healthcare SL
Exeltis is a fast growing division of the integrated health sciences group Insud Pharma. With a global presence spanning over 40 countries, Exeltis has a team of over 4,000 professionals supported by a global manufacturing network. It enjoys a leading position in the women’s health segment, offering a broad portfolio of products to meet the needs of women in the areas of fertility, reproductive health, contraception, pregnancy, childbirth and menopause. In WHC, Exeltis’ The overarching goal is to support and care for women at every stage of life. In recent years, Exeltis has also branched out into the central nervous system (CNS) as a major area of growth. Certain indications, such as migraine, are preferred because of its synergy with WHC.
IntelGenx is a leading drug distribution company focused on the development and manufacture of pharmaceutical films.
IntelGenx ‘superior film technologies, including VersaFilm®, DisinteQ ™, VetaFilm ™ and Transdermal VevaDerm ™, enable next-generation pharmaceuticals that address unmet medical needs. IntelGenx ‘innovative product pipeline provides significant benefits to patients and physicians for many therapeutic conditions.
IntelGenx’s highly skilled team provides comprehensive pharmaceutical services to pharmaceutical partners, including R&D, analytical method development, clinical oversight, intellectual property, and regulatory services. IntelGenx’s state-of-the-art manufacturing facility provides full service by providing laboratory scale production to pilot and commercial scale. For more information visit www.intelgenx.com.
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Source: IntelGenx Technologies Corp.
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