Press release
08:10 Finnish time / 07:10 Swedish time
Nanoform Commenced Relative Bioavailability Study of Nanotechnology-Enhanced Enzalutamide
The single-dose, randomized, comparative bioavailability study, which is performed by a contract research organization (CRO) in
Tablet-burden and dysphagia are well-documented challenges for prostate cancer patients, and the development of a 160mg, single tablet per day regimen enabled by Nanoform technology and formulation expertise may be preferable for patients in need of reducing their total number of daily pills.
"We are pleased to have achieved First Subject First Visit as planned. The initiation of this trial represents a key milestone as we advance the development of nanoenzalutamide in prostate cancer for patients." said Dr. Edward Haeggström, Chief Executive Officer of Nanoform. "We continue our discussions with specialty pharma and value-added medicine partners to ensure this advance reaches the patients that need it the most. We see significant interest in nanocrystalline alternatives for Amorphous Solid Dispersions from pharma and value-added medicine partners, for whom this platform technology offers a differentiated and improved formulation that could reduce pill burden, provide a preferred route of administration or improve patient experience, acceptance and adherence."
If the results are positive, Nanoform and its partners will seek one or more license and/or commercial supply agreements during 2024 and equally retain 25% share of the net-income. Nanoform and three other parties have equally funded this development program.
The nanoformed enzalutamide API was manufactured at Nanoform's state-of-the-art GMP manufacturing facility in
[1] Xtandi is a registered trademark of
[2] Source: xtandi.com
For further information, please contact:
Christian.jones@nanoform.com
+44 7804 474 77 41
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hvh@nanoform.com
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For media queries, please contact:
+44 (0)7580 041 073
chris.halling@orientation.agency
About Nanoform
Nanoform is a medicine performance enhancing company. Nanoform works together with pharma and biotech partners globally to provide hope for patients in developing new and improved medicines utilizing Nanoform's platform technologies. The company focuses on reducing clinical attrition and on enhancing drug molecules' performance through its nanoforming technologies and formulation services. Nanoform's capabilities include GMP manufacturing, and its services span the small to large molecule development space with a focus on solving key issues in drug solubility and bioavailability and on enabling novel drug delivery applications. Nanoform's shares are listed on the Premier-segment of Nasdaq First North Growth Market in
Forward-Looking Statements
This press release contains forward-looking statements, including, without limitation, statements regarding Nanoform's strategy, business plans and focus. The words may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," believe," "estimate," "predict," "project," "potential," "continue," "target" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements in this press release are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and important factors that may cause actual events or results to differ materially from those expressed or implied by any forward-looking statements contained in this press release, including, without limitation, any related to Nanoform's business, operations, clinical trials, supply chain, strategy, goals and anticipated timelines, competition from other companies, and other risks described in the Report of the Board of Directors and Financial Statements for the year ended
https://news.cision.com/nanoform/r/nanoform-commenced-relative-bioavailability-study-of-nanotechnology-enhanced-enzalutamide,c3904440
https://mb.cision.com/Main/18905/3904440/2523558.pdf
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