Market Launch of RIZAPORT® in Spain SAINT LAURENT, Quebec, Sept. 07, 2021 (GLOBE NEWSWIRE) -- IntelGenx Corp. (TSX V:IGX)(OTCQB:IGXT) (the "Company" or "IntelGenx") today announced that Exeltis Healthcare S.L. (“Exeltis”), its commercialization partner in the European Union (“EU”) for RIZAPORT®, a unique for the treatment of acute migraines, has launched the product in Spain.
RIZAPORT® is a proprietary oral thin film formulation of rizatriptan benzoate, a 5-HT1 receptor agonist and the active drug in Merck & Co.'s Maxalt®. Rizatriptan is considered to be one of the most effective oral triptans, a class of molecules that constricts blood vessels in the brain to relieve swelling and other migraine symptoms.1 RIZAPORT® is based on IntelGenx's proprietary VersaFilm® technology. It dissolves rapidly and releases its active ingredient in the mouth. The administration method of the RIZAPORT® oral soluble film, which does not require the patient to swallow a pill or consume water, along with its neutral flavor, presents a therapeutic alternative for migraine patients, especially for those who suffer from migraine-related nausea, estimated to be approximately 80% of the total migraine patient population, and for patients suffering from dysphagia (difficulty swallowing).1
“This is the first VersaFilm®-based product to launch in the global pharmaceutical market and comes on the heels of IntelGenx’s recent transition to a commercial-stage company,” said Dr. Horst G. Zerbe, CEO of IntelGenx. “The European migraine drug market is large and growing. It was valued at more than US$1 billion in 2019 and is expected to approach US$1.5 billion by 2024.2 We are looking forward to continuing to support Exeltis’ launch of RIZAPORT® in Spain, as well as its plans to bring this therapy to migraine patients in additional EU countries in the future.”
“We are excited to bring this innovative and easy-to-administer treatment to migraine patients in Spain,” said Alberto Fabregas, Managing Director of Exeltis Healthcare. “We are also looking forward to continued collaboration with IntelGenx, and to launching RIZAPORT® in additional markets.”
https://www.globenewswire.com/news-release/2021/09/07/2292923/0/en/IntelGenx-Announces-Market-Launch-of-RIZAPORT-in-Spain.html