Assertio Holdings, Inc. Partners with Cove, a Leading Migraine Telemedicine Platform, To Launch Direct to Patient Digital Campaign to Increase Accessibility of CAMBIA® (diclofenac potassium) and SPRIX® (ketorolac tromethamine)
Assertio Holdings and Cove have partnered to enhance patient access to CAMBIA (diclofenac potassium) and SPRIX (ketorolac tromethamine) through Cove’s telemedicine platform. This collaboration aims to facilitate consultations with licensed physicians who can prescribe these medications for migraine treatment and pain management. The initiative aligns with Assertio's strategy for digital engagement and direct-to-patient care models, potentially expanding their reach in the market and improving patient convenience.
- Collaboration with Cove enhances patient access to CAMBIA and SPRIX.
- Utilization of telemedicine aligns with current healthcare trends.
- Potential for increased patient engagement and market presence.
- Both CAMBIA and SPRIX carry serious risk warnings including cardiovascular and gastrointestinal events.
- Limited to specific patient populations, which may restrict market potential.
Collaboration will Increase Access to CAMBIA and SPRIX through Cove’s Innovative, and Continuous Online Physician Care
LAKE FOREST, Ill. and NEW YORK, May 05, 2021 (GLOBE NEWSWIRE) -- Assertio Holdings, Inc. (“Assertio” or “the Company”) (NASDAQ: ASRT), and Cove, a leading migraine telemedicine platform, today announced a collaboration to make CAMBIA (diclofenac potassium) for oral solution and SPRIX (ketorolac tromethamine) nasal spray available to Cove’s patient population. This collaboration will make it easier for more patients to gain access to high-quality physician care.
Using Cove’s online telemedicine platform, patients complete a consultation with a licensed physician who can prescribe a variety of treatment options, including CAMBIA for a patient’s acute treatment of migraine attacks with or without aura in adults and SPRIX for short-term (up to 5 days) management of moderate to moderately severe pain which requires analgesia at the opioid level in adults.
“We are thrilled to be working with Assertio to provide CAMBIA and SPRIX as options to the appropriate patients,” said Caroline Hofmann, General Manager of Cove. “We know that patients need more options to treat their conditions and convenient access to quality care.”
“Partnering with Cove, a leading telemedicine platform, furthers our strategy by enhancing our foundational digital platform and virtual engagement efforts to better serve our patients,” said Dan Peisert, President and Chief Executive Officer of Assertio. “This is an exciting direct to patient model for those who prefer a convenient, digital telemedicine option.”
CAMBIA and SPRIX each belong to a class of medications called non-steroidal anti-inflammatory drugs (NSAIDs) and have a Boxed Warning for serious cardiovascular and gastrointestinal events. Please see the indications and Important Safety Information below.
CAMBIA INDICATIONS AND USAGE
CAMBIA® (diclofenac potassium) for oral solution is indicated for the acute treatment of migraine attacks
with or without aura in adults (18 years of age or older).
Limitations of Use:
• CAMBIA is not indicated for the prophylactic therapy of migraine.
• The safety and effectiveness of CAMBIA have not been established for cluster headache.
SPRIX INDICATIONS AND USAGE
SPRIX® (ketorolac tromethamine) is indicated in adult patients for the short term (up to 5 days)
management of moderate to moderately severe pain that requires analgesia at the opioid level.
Limitations of Use
• SPRIX is not for use in pediatric patients less than 2 years of age.
CAMBIA IMPORTANT SAFETY INFORMATION
| WARNING: RISK OF SERIOUS CARDIOVASCULAR AND GASTROINTESTINAL EVENTS Cardiovascular Thrombotic Events • Non-steroidal anti-inflammatory drugs (NSAIDs) cause an increased risk of serious cardiovascular thrombotic events, including myocardial infarction, and stroke, which can be fatal. This risk may occur early in treatment and may increase with duration of use. • CAMBIA is contraindicated in the setting of coronary artery bypass graft (CABG) surgery. Gastrointestinal Bleeding, Ulceration, and Perforation • NSAIDs cause an increased risk of serious gastrointestinal (GI) adverse events including bleeding, ulceration, and perforation of the stomach or intestines, which can be fatal. These events can occur at any time during use and without warning symptoms. Elderly patients and patients with a prior history of peptic ulcer disease and/or GI bleeding are at greater risk for serious GI events. |
Use the lowest effective dosage for the shortest duration consistent with individual patient
treatment goals. The safety and effectiveness of a second dose have not been established. Different
formulations of oral diclofenac (e.g., CAMBIA, diclofenac sodium enteric-coated tablets, diclofenac sodium
extended-release tablets, or diclofenac potassium immediate-release tablets) may not be bioequivalent
even if the milligram strength is the same. Therefore, it is not possible to convert dosing from any other
formulation of diclofenac to CAMBIA.
CONTRAINDICATIONS
CAMBIA is contraindicated in the following patients:
• Known hypersensitivity (e.g., anaphylactic reactions and serious skin reactions) to diclofenac or any
components of the drug product.
• History of asthma, urticaria, or other allergic-type reactions after taking aspirin or other NSAIDs. Severe,
sometimes fatal, anaphylactic reactions to NSAIDs have been reported in such patients.
• In the setting of coronary artery bypass graft (CABG) surgery.
WARNINGS AND PRECAUTIONS
Hepatotoxicity: Elevations of one or more liver tests may occur during therapy with CAMBIA. Postmarketing
surveillance has reported cases of severe hepatic reactions, including liver necrosis, jaundice, fulminant
hepatitis with and without jaundice, and liver failure. Some of these reported cases resulted in fatalities
or liver transplantation. Inform patients of warning signs and symptoms of hepatotoxicity. Discontinue if
abnormal liver tests persist or worsen or if clinical signs and symptoms of liver disease develop.
Hypertension: NSAIDs, including CAMBIA, can lead to new onset of hypertension or worsening of preexisting
Hypertension. Patients taking some antihypertensive medications may have impaired response to
these therapies when taking NSAIDs. Monitor blood pressure.
Heart Failure and Edema: Avoid use of CAMBIA in patients with severe heart failure unless benefits are
expected to outweigh risk of worsening heart failure. If CAMBIA is used in patients with severe heart
failure, monitor patients for signs of worsening heart failure.
Renal Toxicity and Hyperkalemia: Long-term administration of NSAIDs has resulted in renal papillary
necrosis and other renal injury. Renal toxicity has also been seen in patients in whom renal prostaglandins
have a compensatory role in the maintenance of renal perfusion. In these patients, administration of
an NSAID may cause a dose-dependent reduction in prostaglandin formation and, secondarily, in renal
blood flow, which may precipitate overt renal decompensation. Monitor renal function in patients with
renal or hepatic impairment, heart failure, dehydration, or hypovolemia. Avoid use of CAMBIA in patients
with advanced renal disease unless benefits are expected to outweigh risk of worsening renal function.
Increases in serum potassium concentration, including hyperkalemia, have been reported with use of
NSAIDs, even in some patients without renal impairment.
Anaphylactic Reactions: Seek emergency help if an anaphylactic reaction occurs.
Exacerbation of Asthma Related to Aspirin Sensitivity: CAMBIA is contraindicated in patients with aspirin sensitive
asthma. Monitor patients with preexisting asthma (without aspirin sensitivity).
Serious Skin Reactions: NSAIDs, including diclofenac, can cause serious skin adverse reactions which can
be fatal. Discontinue CAMBIA at first appearance of skin rash or other signs of hypersensitivity.
Medication Overuse Headache: Detoxification may be necessary.
Premature Closure of Fetal Ductus Arteriosus: Avoid use in pregnant women starting at 30 weeks
gestation.
Hematologic Toxicity: Monitor hemoglobin or hematocrit in patients with any signs or symptoms of anemia.
ADVERSE REACTIONS
The most common adverse events (≥
nausea and dizziness.
DRUG INTERACTIONS
Drugs That Interfere with Hemostasis (e.g. warfarin, aspirin, SSRIs/SNRIs): Increased risk of serious
bleeding with use of anticoagulants, antiplatelet agents, selective serotonin reuptake inhibitors (SSRIs),
and serotonin norepinephrine reuptake inhibitors (SNRIs). Monitor patients for bleeding who are
concomitantly taking CAMBIA with drugs that interfere with hemostasis. Concomitant use of CAMBIA and
analgesic doses of aspirin is not generally recommended.
ACE Inhibitors and ARBs: Concomitant use with CAMBIA in elderly, volume depleted, or those with renal
impairment may result in deterioration of renal function. In such high risk patients, monitor for signs of
worsening renal function.
Diuretics: NSAIDs can reduce natriuretic effect of loop and thiazide diuretics. Monitor patients to assure
diuretic efficacy including antihypertensive effects.
Digoxin: Concomitant use with CAMBIA can increase serum concentration and prolong half-life of digoxin.
Monitor serum digoxin levels.
Inhibitors of Cytochrome P450 2C9: Diclofenac is metabolized predominantly by Cytochrome P-450
CYP2C9. During concomitant use of CAMBIA and drugs that inhibit CYP2C9, an increase in the duration
between CAMBIA doses for subsequent migraine attacks may be necessary.
USE IN SPECIFIC POPULATIONS
Pregnancy: Use of NSAIDs during the third trimester of pregnancy increases the risk of premature closure
of the fetal ductus arteriosus. Avoid use of NSAIDs in pregnant women starting at 30 weeks gestation.
Infertility: NSAIDs are associated with reversible infertility. Consider withdrawal of CAMBIA in women who
have difficulties conceiving.
Please see full Prescribing Information on CAMBIA.com, including BOXED WARNING and MEDICATION GUIDE.
To report SUSPECTED ADVERSE REACTIONS, contact Assertio Therapeutics, Inc.
at 1-866-458-6389 or FDA at 1-800-FDA-1088 or www.fda.gov/medwatch.
SPRIX IMPORTANT SAFETY INFORMATION
| WARNING: RISK OF SERIOUS CARDIOVASCULAR AND GASTROINTESTINAL EVENTS Cardiovascular Thrombotic Events • Nonsteroidal anti-inflammatory drugs (NSAIDS) cause an increased risk of serious cardiovascular thrombotic events, including myocardial infarction and stroke, which can be fatal. This risk may occur early in treatment and may increase with duration of use. • SPRIX® is contraindicated in the setting of coronary artery bypass graft (CABG) surgery. Gastrointestinal Bleeding, Ulceration, and Perforation • NSAIDS cause an increased risk of serious gastrointestinal (GI) adverse events including bleeding, ulceration, and perforation of the stomach or intestines, which can be fatal. These events can occur at any time during use and without warning symptoms. Elderly patients and patients with a prior history of peptic ulcer disease and/or GI bleeding are at greater risk for serious GI events. |
Use SPRIX at the lowest effective dosage for shortest duration consistent with
individual patient treatment goals.
CONTRAINDICATIONS
SPRIX is contraindicated in the following patients:
• Known hypersensitivity to ketorolac or any components of the drug product.
• History of asthma, urticaria, or other allergic-type reactions after taking aspirin or other NSAIDs.
Severe, sometimes fatal, anaphylactic reactions to NSAIDs have been reported in such patients.
• In the setting of coronary artery bypass graft (CABG) surgery.
• Use in patients with active peptic ulcer disease or with recent gastrointestinal bleeding or perforation.
• Use as a prophylactic analgesic before any major surgery.
• Use in patients with advanced renal disease or patients at risk for renal failure due to volume depletion.
• Use in labor and delivery. May adversely affect fetal circulation and inhibit uterine contractions, thus increasing the risk of uterine hemorrhage.
• Use in patients with suspected or confirmed cerebrovascular bleeding, hemorrhagic diathesis,
incomplete hemostasis, or those for whom hemostasis is critical.
• Concomitant use with probenecid or pentoxifylline.
WARNINGS AND PRECAUTIONS
Hepatotoxicity: Elevations of ALT or AST have been reported in patients with NSAIDs. In
addition, rare, sometimes fatal, cases of severe hepatic injury, including fulminant hepatitis, liver
necrosis, and hepatic failure have been reported. Inform patients of warning signs and symptoms
of hepatotoxicity. Discontinue immediately if abnormal liver tests persist or worsen or if clinical
signs and symptoms of liver disease develop.
Hypertension: NSAIDs, including SPRIX, can lead to new onset or worsening of preexisting
hypertension. Patients taking some antihypertensive medications may have impaired response to
these therapies when taking NSAIDs. Monitor blood pressure.
Heart Failure and Edema: Avoid use of SPRIX in patients with severe heart failure unless benefits
are expected to outweigh risk of worsening heart failure. If SPRIX is used in patients with severe
heart failure, monitor patients for signs of worsening heart failure.
Renal Toxicity and Hyperkalemia: Long-term administration of NSAIDs has resulted in renal
papillary necrosis and other renal injury and may cause a dose-dependent reduction in
prostaglandin formation, which may precipitate overt renal decompensation. Monitor renal
function in patients with renal or hepatic impairment, heart failure, dehydration, or hypovolemia.
Avoid use of SPRIX in patients with advanced renal disease unless benefits are expected to
outweigh risk of worsening renal function.
Anaphylactic Reactions: Seek emergency help if an anaphylactic reaction occurs.
Exacerbation of Asthma Related to Aspirin Sensitivity: SPRIX is contraindicated in patients with
aspirin-sensitive asthma. Monitor patients with preexisting asthma (without known aspirin sensitivity).
Serious Skin Reactions: NSAIDs, including SPRIX, can cause serious skin adverse reactions, which
can be fatal. These serious events may occur without warning. Discontinue SPRIX at the first
appearance of skin rash or any other sign of hypersensitivity.
Premature Closure of Fetal Ductus Arteriosus: Avoid use in pregnant women starting
at 30 weeks gestation.
Hematologic Toxicity: Anemia has occurred in patients treated with NSAIDs. Monitor hemoglobin
or hematocrit in patients with any signs or symptoms of anemia. Do not use SPRIX in patients for
whom hemostasis is critical.
Limitations of Use: The total duration of use of SPRIX alone or sequentially with other forms of
ketorolac is not to exceed 5 days. SPRIX should not be used concomitantly with other forms of
ketorolac, aspirin, or other NSAIDs.
ADVERSE REACTIONS
The most common adverse reactions (incidence ≥
occurring at a rate at least twice that with placebo include: nasal discomfort; rhinalgia; increased
lacrimation; throat irritation; oliguria; rash; bradycardia; decreased urine output; increased ALT
and/or AST; hypertension; rhinitis.
DRUG INTERACTIONS
Drugs That Interfere With Hemostasis: increased risk of serious bleeding with use of anticoagulants,
antiplatelet agents, selective serotonin reuptake inhibitors (SSRIs), and serotonin norepinephrine
reuptake inhibitors (SNRIs); concomitant use with pentoxifylline is contraindicated. Monitor patients
for bleeding who are concomitantly taking SPRIX with drugs that interfere with hemostasis.
ACE Inhibitors, Angiotensin Receptor Blockers (ARBs), and Beta-Blockers: may diminish the
antihypertensive effect of these drugs; monitor blood pressure.
ACE Inhibitors and ARBs: In elderly, volume depleted, or those with renal impairment may result
in deterioration of renal function; monitor for signs of worsening renal function.
Diuretics: reduces the natriuretic effect of loop diuretics (e.g., furosemide) and thiazide diuretics
in some patients. During concomitant use of SPRIX with diuretics look for signs of worsening renal
function and assure diuretic efficacy and antihypertensive effects.
Digoxin: has been reported to increase the serum concentration and prolong the half-life of
digoxin, monitor serum digoxin levels.
USE IN SPECIFIC POPULATIONS
Pregnancy: Use of NSAIDs during the third trimester of pregnancy increases the risk of premature
closure of the fetal ductus arteriosus. Avoid use of NSAIDs in pregnant women starting at 30
weeks gestation.
Infertility: NSAIDs are associated with reversible infertility. Consider withdrawal of SPRIX in
women who have difficulties conceiving.
Please see full Prescribing Information on SPRIX.com, including BOXED WARNING
and MEDICATION GUIDE.
To report SUSPECTED ADVERSE REACTIONS, contact Assertio Therapeutics, Inc.
at 866-458-6389 or FDA at 1-800-FDA-1088 or www.fda.gov/medwatch.
About Cove
Cove is a specialized healthcare company that offers personalized treatment solutions. Cove aims to empower patients by providing direct access to high-quality, affordable care, personalized to each customer and their specific needs. In addition to CAMBIA and SPRIX, Cove offers 20+ acute and preventative treatments. For more information, visit www.withcove.com.
About Assertio Holdings
Assertio is a leading commercial pharmaceutical company bringing differentiated products to patients. The Company has a robust portfolio of branded prescription products in neurology, hospital, and pain and inflammation. Assertio has grown through business development including licensing, mergers, and acquisitions. To learn more about Assertio, visit www.assertiotx.com.
Forward Looking Statements
Statements in this communication that are not historical facts are forward-looking statements that reflect Assertio's current expectations, assumptions and estimates of future performance and economic conditions. These forward-looking statements are made in reliance on the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements relate to, among other things, future events or the future performance or operations of Assertio. All statements other than historical facts may be forward-looking statements; words such as "anticipate," "believe," "could," "design," "estimate," "expect," "forecast," "goal," "guidance," "imply," "intend," "may", "objective," "opportunity," "outlook," "plan," "position," "potential," "predict," "project," "prospective," "pursue," "seek," "should," "strategy," "target," "would," "will," "aim" or other similar expressions that convey the uncertainty of future events or outcomes are used to identify forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the control of Assertio. These risks are more fully described in Assertio's public filings with the Securities and Exchange Commission, including Assertio’s most recent annual report on Form 10-K and Quarterly Reports on Form 10-Q filed with the SEC and in other filings Assertio makes with the SEC from time to time. While Assertio may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to update or revise any forward-looking-statements contained in this press release whether as a result of new information or future events, except as may be required by applicable law.
Assertio Holdings Contact Information
Max Nemmers
Head, Investor Relations and Administration
investor@assertiotx.com
Cove Contact Information
Caroline Hofmann
General Manager, Cove
caroline@thirtymadison.com
Jasmine Jones
Public Relations, Cove
Press@thirtymadison.com
FAQ
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