Keith J. Kendall, executive vice president and CFO of MonoSol Rx, stated, "Our partnership with Hikma demonstrates our commitment to position MonoSol Rx's proprietary thin film drug delivery technology for the global marketplace. We have executed multiple partnerships for the commercialization of innovative thin film products across several large and growing therapeutic categories, and our partnership with Hikma represents our initial entry into the Middle East."
About MonoSol Rx
MonoSol Rx is a specialty pharmaceutical company leveraging its proprietary PharmFilm(R) technology to deliver drugs in quick dissolving films. PharmFilm(R) is designed to benefit patients by improving the convenience, efficacy, and compliance of currently marketed drugs. The Company is a leader in thin film drug delivery and has a strong intellectual property position, a portfolio of commercialized OTC drug products, and a pipeline of prescription formulations utilizing its PharmFilm(R) technology. With a vertically integrated development and production infrastructure, MonoSol Rx has the capacity to manufacture OTC drug products for near-term revenues that enable the funding of prescription product development programs that will generate long-term value.
The Company's commercialization strategy for all PharmFilm(R) products is to partner with the innovator or other specialty pharma or leading consumer products companies who have the core competency to sell-in and manage the sales and marketing of the products. For the Company's existing and future partners, PharmFilm(R) formulations represent revenue-life cycle extensions for products with patent lives th
|SOURCE MonoSol Rx|
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