Ruggell, Liechtenstein, 24 September 2009 - Pantec Biosolutions AG, a
privately-owned company developing innovative transdermal drug delivery
products, announced today that it has been granted European Patent No.
EP1874213, entitled 'LASER MICROPORATOR' by the European Patent Office.
The patent, which was granted in September, covers the technology used
in the company's lead product P.L.E.A.S.E.® (Painless Laser Epidermal
System) for creating micropores in the human skin prior to transdermal
large molecular weight drug administration.
Thomas Bragagna, CTO of Pantec Biosolutions, commented: "We are delighted that Pantec has been granted this patent. After receiving CE marking and marketing clearance for P.L.E.A.S.E. last year, it is important for us to know that our key technology is now protected by patent laws."
Pantec Biosolutions currently has an additional 19 applications pending in the USA, Europe and Japan. The Company plans to further develop its patent portfolio with the help of a well-balanced IP strategy in order to focus on current and future applications within the most important markets.
About Pantec Biosolutions and P.L.E.A.S.E.®
Pantec Biosolutions AG is a private drug delivery company specialised in using laser microporation technology to deliver large molecular weight drugs into the epidermis for local or systemic uptake. Its proprietary P.L.E.A.S.E.® (Painless Laser Epidermal System) platform enables efficient, needle-free and painless administration of biopharmaceutical drugs, in varying and individualised dosages, through partnered patch technology. The technology is currently in clinical trials for the delivery of IVF hormone therapy, a market with an estimated value of US$1.5 - 2 billion.
Pantec Biosolutions' P.L.E.A.S.E.® platform is available both for the development of the Company's own pipeline and for penetration into new markets through strategic partnerships. Pantec Biosolutions is based in Ruggell, Liechtenstein.
Further Information:
Dr. Christof Boehler
CEO
Pantec Biosolutions AG
t: +423 377 7800
e: info@pantec-biosolutions.com
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Douglas Pretsell
Account Director
College Hill Life Sciences
t: +49 (0)89 57 00 18 06
e: douglas.pretsell@collegehill.com |