STOCKHOLM, Sweden--(BUSINESS WIRE)-- Lipsovir® is a patented combination of hydrocortisone (an anti-inflammatory agent) and acyclovir (an antiviral) intended for the topical treatment of cold sores.
The US Food and Drug Administration (FDA) has now approved Lipsovir®, i.e. granted Medivir’s New Drug Application (NDA) for the use of acyclovir and hydrocortisone for early treatment of recurrent cold sores to decreases the risk of cold sores, and to shorten the healing time for those cold sores which are not prevented. Treatment is approved for adults and children 12 years or older.
Like other cold sore pharmaceuticals Lipsovir will be a prescription (Rx) product in the US. The label, that is the indication text endorsed by the FDA, states “Acyclovir and Hydrocortisone Cream is indicated for the early treatment of recurrent herpes labialis (cold sores) to reduce the likelihood of ulcerative cold sores and to shorten the lesion healing time”.
No product currently marketed for the treatment of cold sores has a corresponding label or has been shown to prevent an outbreak with early treatment. This gives Medivir a clear competitive edge on the US market, which is the most important, and economically speaking the greatest single, market.
“It’s enormously satisfying to have our herpes product approved by the FDA, in the form we had intended and according to the time plan. We are extremely pleased to be awarded such a clear and strong label. We will be intensifying our activities towards securing a commercialization agreement for US marketing and sales, to ensure the greatest possible value for Medivir”, says Eva Arlander, VP Medivir Pharma.
Invitation to a Press Conference Medivir will host a teleconference today at 15:00 (Central European summer time) focusing on the FDA approval for Lipsovir®.
To participate in the teleconference, please call +46 8 30 17 91 using the participant code 568511#. The teleconference will be recorded and available for replay as of 4th of August – for more details, please go to our website www.medivir.com.
Medivir will be represented by Rein Piir CFO & VP IR and Eva Arlander VP Pharma, and also project director for Lipsovir®.
For more information on Medivir, please see the company website: www.medivir.se
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Contact:
Medivir Rein Piir, +46 708 537 292 CFO & VP Investor Relations
