XPhyto Reports Excellent Rotigotine In-Vitro/Ex-Vivo Results for Parkinson's Disease Treatment
XPhyto Therapeutics Corp. (CSE:XPHY, OTCQB:XPHYF) announced positive results from its human skin cadaver study of the Rotigotine transdermal patch, showing absorption profiles similar to a leading brand. The study confirms that XPhyto's new formulation is ready for clinical evaluation, marking a significant step toward commercialization. Rotigotine, used for treating Parkinson's disease, reported a market value of $518 million in 2021, expected to rise to $766 million by 2030. XPhyto's transdermal technology represents a scalable opportunity within the $20 billion global patch market.
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VANCOUVER, BC and UTTENWEILER, GERMANY / ACCESSWIRE / October 18, 2022 / XPhyto Therapeutics Corp. (CSE:XPHY)(OTCQB:XPHYF)( FSE:4XT) ("XPhyto" or the "Company") is pleased to report the results of its Rotigotine transdermal ("TDS") patch human skin cadaver study and dissolution data. The Company's Rotigotine patch is based on the TDS platform technology developed by its wholly owned German subsidiary, Vektor Pharma TF GmbH ("Vektor").
Further to the Company's product update on October 11, 2022, XPhyto is pleased to report excellent results from its recent Rotigotine TDS human cadaver skin absorption study. The study compared drug absorption between XPhyto's optimized new formula and the name brand product in three separate samples over a 24-hour period in accordance with EMA's Guideline on quality of transdermal patches.
The study results demonstrate exceptionally similar dissolution and absorption profiles between XPhyto's drug formulation and the name brand product ("NB"):
Figure 1. XPhyto results demonstrating dissolution data in accordance with USP acceptance criteria for its Rotigotine TDS formulation (ROV045) compared to the name brand product (NB).
Figure 2. XPhyto results demonstrating total average API absorption over 24 hours for its Rotigotine TDS formulation (ROV045) compared to the name brand product (NB).
"As our lead product we are extremely pleased with these results. They have exceeded our expectations," said Hugh Rogers, XPhyto CEO & Director. "We are confident that our Rotigotine patch is fully optimized and ready for further human clinical evaluation. This is a major milestone in the pathway to product commercialization."
Rotigotine is a non-ergoline dopamine agonist approved for the treatment of Parkinson's disease and restless legs syndrome (RLS) in Europe and the United States. The active pharmaceutical ingredient is not well absorbed via oral delivery and is formulated as a once-daily TDS patch to increase bioavailability and provide a slow and steady supply of the drug over the course of 24 hours. The therapeutic market for Parkinson's disease is over 10 million people worldwide and growing. The top selling name brand product launched by the originator in 2007 independently sold over
XPhyto's Rotigotine transdermal product is a single product based on its
Vektor, a wholly owned XPhyto subsidiary, is a German narcotics manufacturer, developer, and researcher located in the district of Biberach, Baden-Württemberg, Germany. For over a decade, the company and its team have been leaders in the design, testing and manufacture of innovative, non-invasive drug delivery systems, particularly transdermal patches and sub-lingual strips for the delivery of active pharmaceutical ingredients for the treatment of pain and neurological conditions. According to Precedence Research, the global drug delivery market was valued at US
About XPhyto Therapeutics Corp.
XPhyto Therapeutics Corp. is a diversified bioscience accelerator focused on next-generation drug formulation, diagnostic, and new active pharmaceutical ingredient investment opportunities, including: precision transdermal and oral dissolvable drug formulations; rapid, low-cost infectious disease and oral health screening tests; and manufacture, standardization, and evaluation of psychedelic compounds for the treatment of neurological conditions. The Company has research and development operations in North America and Europe, with an operational focus in Germany, and is currently focused on regulatory approval and commercialization of medical products for European markets.
XPhyto Therapeutics Corp.
Hugh Rogers, CEO and Director
Investor inquiries:
T: 780-818-6422
E: info@xphyto.com
Forward looking statements
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SOURCE: XPhyto Therapeutics Corp.
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