Meda acquires exclusive rights to new treatment for actinic keratosis from Graceway
Sweden-based Meda has acquired exclusive European rights to a new formulation of imiquimod from US drugmaker Graceway Pharmaceuticals. The new formulation is 3.75% imiquimod topical cream indicated for the treatment of actinic keratosis (AK). This product approved in the USA, under the trade name Zyclara, in March this year, and it has also been cleared in Canada.
At present, Meda markets a higher strength (5%) of imiquimod in Europe as Aldara, which generated 2009 sales of around 500 million Swedish kronor ($64.6 million). 3,75% imiquimod can be used on a significantly larger treatment area, it is once-daily and more tolerable due to the decreased concentration. The patent for this novel imiquimod formulation is pending.
'We have very good experience with Aldara in Europe and we look forward to provide AK patients with a new product with improved tolerability that builds on the efficacy of imiquimod,' says Anders Lonner, chief executive at Meda.
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