Biosyent Signs Exclusive Agreement For Pain Management Products

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Biosyent Signs Exclusive Agreement For Pain Management Products

The technology is distributed exclusively by Medtronic and its major partners in other regions of Europe. DISTRIBUTION MAP The application of a pain management agreement documents the understanding between the doctor and the patient. Such documentation, when used as a means of facilitating care, can improve communication between physicians and patients. Collegium Pharmaceutical, Inc. (NASDAQ: COLL), a specialty pharmaceutical company committed to being the leader in pain management, recently announced that it has reached a final agreement to acquire the U.S. rights to the Nucynta franchise of Assertio Therapeutics, Inc. (“Assertio”) for $375.0 million in cash. Medasense is the developer of a unique technology that objectively monitors and quantifies the patient`s pain response level through artificial intelligence algorithms and a proprietary non-invasive sensor platform. Eliminate riddles and face clinical challenges in assessing pain and improving analgesia. Pain and associated disorders are increasing rapidly worldwide, with lifestyle changes, lack of physical activity and an increasing number of surgical procedures. According to the U.S. Department of Health (HHS), chronic and acute pain affects more Americans than diabetes, cancer and heart disease. HHS also reported that pain is the most common cause of visits to health facilities, making it the leading cause of disability in patients and thus contributing significantly to health care costs.

The above factors support the discovery of safer and more effective management options such as non-opioid painkillers, thereby promoting their market growth. As a result of these efforts, non-opioid sub-markets are expected to continue their impressive growth rate in the future. MISSISSAUGA, ONTARIO–(Marketwire – July 14, 2009) – BioSyent Inc. (“BioSyent” (“BioSyent”) (TSX VENTURE: RX) announces that its subsidiary BioSyent Pharma Inc. has signed an agreement with a new partner for a new product under the Hospital Products division. The product will be released after approval by Health Canada. REFERENCES:1. Meijer, F., Honing, M., Roor, T., Toet, S., Calis, P., Olofsen, E., Martini, C., van Velzen, M., Aarts, L.Niesters, M., Boon, M., Dahan, A. (2020). Decrease in post-operative pain with the dose of fentanyl conducted by nociception at the level during sevoflurane anesthesia: a randomized controlled study. British Journal of Anaesthesia [In Press] Teva Pharmaceutical Industries Limited (NYSE: TEVA) recently reported positive results from two Phase 2/3 studies evaluating AJOVY┬« (fremanezumab) in patients in Japan.

AJOVY is developed in Japan by Otsuka Pharmaceutical Co., Ltd. (Otsuka) as part of an exclusive May 2017 licensing agreement for the development and distribution of AJOVY in Japan. Treatment of chronic pain with opioids is complex and difficult. Physicians need to know if patients can follow the treatment plan, whether they are receiving the desired drug responses, and whether there are signs of developing addiction. And patients need to be aware of the potential risks of opioids, as well as expectations to minimize these risks. Doctors use “medication contracts” to ensure that the patient and provider are on the same site prior to the start of opioid therapy. Such agreements are most commonly used when narcotic painkillers are prescribed. BioSyent, which appears on the TSX Venture Exchange under the trade symbol “RX,” is a profitable, growth-oriented pharmaceutical company focused on licensing or acquisitions of innovative pharmaceuticals and other health products, which have been successfully developed, are safe and effective and have a proven track record in improving patients` lives. BioSyent supports the healthcare professional who treats these patients by marketing its products through its community, hospital and international units.

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