Tris Pharma, Inc. Announces US Patent Grant Covering Platform Technology
MONMOUTH JUNCTION, N.J., Jan. 6, 2012 /PRNewswire/ -- Tris Pharma, an emerging specialty pharmaceutical company, announced the US grant of its core technology patent for its OralXR+ platform. This is the first patent grant of a substantial estate filed by Tris Pharma and covers a multitude of actives having modified release formulations comprising drug-ion exchange resin complexes.
"This patent grant further validates Tris' breakthrough in commercializing modified release formulation involving unique dosage forms such as a 24-hour ER liquid suspension. The patent covers our unique, high tensile, aqueous coating compositions and combined with our patent-pending/trade-secret manufacturing process and special design apparatus provides for an efficient and scalable manufacturing capabilities. This has resulted in launch of several new, first-in-the-category products that were heretofore not capable of being developed," said Ketan Mehta, President and CEO of Tris Pharma.
While the benefits of modified release are well understood, these benefits were largely limited to patients who can swallow traditional solid dosage forms. The OralXR+ technology bridges the gap for patients who have difficulty swallowing "pills" and thereby helps extend the market for modified release products. Tris is working with multiple pharma partners to develop products based on this patented technology in the areas of CNS, respiratory, pain, cardiovascular, and OTC cough/cold.
About Tris Pharma
Tris Pharma is an emerging specialty pharmaceutical company focused on the research and development of drug delivery technologies based products. Through its OralXR+ platform, Tris has pioneered the delivery of sustained release in the liquid, chewable/ODT and strip dosage forms so patients do not have to swallow a pill. Tris' Nobuseplatform provides abuse-deterrence for opioids and other abuse-prone drugs. Tris' R&D and manufacturing facilities are located in Monmouth Junction, New Jersey, USA. For more information, please visit www.trispharma.com.
SOURCE Tris Pharma, Inc.