OM PHARMA on its way to the US market
June 14th, 2007
June 14th, 2007. 70 years old in 2007 and still expanding in the biotech field, OM PHARMA signed last month a major contract with a North American company active on the urological and gynaecological markets. This company will contribute US$ 40-50 millions to conduct further clinical trials and developments with the immunostimulating drug Uro-Vaxom®. The introduction on the North American market of this original drug manufactured at OM PHARMA’s new state of the art biotech centre in Meyrin/Geneva, Switzerland, fully compliant with FDA standards, is planned for 2013.
Uro-Vaxom® is an extract of Escherichia coli, a germ responsible for the majority of urinary infections. It stimulates the immune system in order to increase the body’s natural defences against a wide spectrum of urinary pathogens. It prevents recurrent urinary tract infections, in particular cystitis and is already marketed in more than 30 countries.
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