MILAN, January 19, 2015 /PRNewswire/ --
BMG Pharma S.r.l. (BMG) today is pleased to announce that it has signed an exclusive distribution agreement with FERRER INTERNACIONAL S.A. (Ferrer), granting them the rights to promote, sell and market its own product GelX® for the Middle East,Eastern Europe, Russia and North Africa.
The launch of GelX® will allow patients to receive the best care possible by using our innovative delivery technology to eliminate swallowing issues and discomfort associated with chemotherapy, radiotherapy, and related pharmacologic therapies.
"BMG's team are the inventors and generators of some of the major Rx devices in cancer palliative care and we are sure we are providing the market with a new generation of support for cancer patients," said Marco Mastrodonato, CEO of BMG.
"We are very pleased to be working with BMG on the launch of GelX® in these territories," said Antonio Villaró, COO of Ferrer. "We have been impressed by the innovation and efficacy of the GelX® delivery technology and look forward to providing significant improvements in the ease of use and compliance in patients with oral mucositis."
BMG granted the right of distribution to Ferrer for GelX® in two different formulations: GelX® Rinse 300 ml and GelX® spray 100 ml.
Mucositis and stomatitis are inflammation of the oral cavity, normally accompanied by erythematous lesions and sometimes by ulcerative lesions that are particularly painful, making chewing and swallowing difficult.
GelX® Rinse and GelX® Spray have a mechanical action indicated for the management of pain by adhering to the mucosal surface of the mouth, soothing the lesions caused by chemotherapy and/or radiation therapy. They can also be used as a preventive treatment before chemotherapy and/or radiation therapy to protect the oral mucosa.
GelX®, in both formulations, is designed to benefit patients by improving the convenience, efficacy and compliance over existing marketed products.
Founded in 1959, Ferrer is a privately-held R&D-based pharmaceutical company headquartered in Barcelona. It is active in the pharmaceutical, health, fine chemicals and food sectors in Europe, Latin America, Africa, the Middle East, Asia and the United States. In total, Ferrer's human healthcare products are commercialized in more than 90 countries, through 25 international affiliates (including joint ventures) and 70 partners and distributors.
Ferrer carries out activities throughout the full pharmaceutical value chain, from R&D to international marketing, including fine chemical development and the manufacturing of both raw materials and finished pharmaceuticals. Its research centers in Spain andGermany, and manufacturing sites in Europe and Latin America cover the pharmaceutical, diagnostics, vaccine, fine chemical, food and feed sectors.
For more information, visit http://www.ferrergrupo.com
BMG is a specialty pharmaceutical company with head office in Milan, Italy, leveraging its proprietary technology to develop products that address unmet needs of patients. The company is currently focused on cancer supportive care, dermatology gynecology, ENT and oral health. BMG Pharma. is dedicated to helping patients, pharmacists and physicians by providing valuable and innovative products to the market.
The Company's key features are:
- Full involvement in business and partnering
- Presence in different therapeutic areas
- Specific regulatory strategies for each product as Prescription and OTC Medical Devices in EC and US to allow rapid market introduction. BMG focuses on bringing products to market quickly with supportive clinical data.
- IP protection for most of the products and technologies
SOURCE BMG Pharma S.r.l.