Sensile Medical Enters into an Agreement with scPharmaceuticals for Advanced Subcutaneous Drug Delivery System
The SenseCore technology offers opportunities for improved therapy outcomes and healthcare cost reduction
HAEGENDORF, Switzerland --
Sensile Medical AG has entered into a strategic partnership and supply agreement with scPharmaceuticals LLC to develop and manufacture an automated patch pump that delivers furosemide subcutaneously.
Furosemide is a diuretic that forms the cornerstone of heart failure therapy and is currently used in tablet form or in solution for intravenous administration. scPharmaceuticals has developed a proprietary subcutaneous formulation of furosemide and will use Sensile Medical's patented SenseCore technology platform to deliver the drug in a patient-friendly and automated way. scPharmaceuticals will start its late-stage clinical development phase in the near future and expects to submit the New Drug Application for the furosemide drug device combination not later than Q1 of 2015.
"We are very pleased to enter this collaboration with scPharmaceuticals" said Derek Brandt, CEO of Sensile Medical. "We believe that our micro pump technology has the potential to address some important therapeutic and economic challenges that the medical community is facing today. "
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"The Affordable Care Act has created an urgent need for novel therapies that offer benefits comparable to those achieved by intravenously administered drugs in the hospital, but which can be administered anytime anywhere by the patient", said Pieter Muntendam, MD, President and CEO of scPharmaceuticals, "The SenseCore Micro-Pump technology stands out because of its precision and the unique and cost-effective two component design."
Under the terms of the agreement, Sensile Medical will design, develop, and manufacture patch pumps for scPharmaceuticals' proprietary subcutaneous formulation of furosemide. Furthermore, it establishes a strategic partnership between Sensile Medical and scPharmaceuticals to work together to develop further medications utilizing Sensile's technology platform. Terms of the agreement were not disclosed.
About Sensile Medical
Sensile Medical AG is a leading company in the area of advanced micro pump technology developing a broad range of customer-specific delivery and dosing solutions. Due to Sensile's SenseCore technology the products are highly cost-efficient, accurate, and safe. They are increasingly used in medical, industrial, and consumer applications. Founded in 2004, Sensile Medical is located in Haegendorf, Switzerland. For further information consult www.sensile-medical.com.