Biofrontera Inc. Announces 100 RhodoLED® XL Machines Now Placed in US Market
December 23 2024 - 8:30AM
Biofrontera Inc. (Nasdaq: BFRI) (“Biofrontera” or the “Company”), a
biopharmaceutical company specializing in the development and
commercialization of photodynamic therapy (PDT), today announced
that the 100th commercial RhodoLED® XL Lamp has now been installed
in the US market.
The RhodoLED XL was approved by the FDA for use
in combination with Ameluz® in 2022 and was launched in June of
this year. Since then, it has seen rapid adoption by offices who
had previously used Ameluz and those who are new to the product,
with 100 now being installed since launch. The main difference
between the company’s existing BF-RhodoLED lamp and the new
RhodoLED XL is the number of LED panels which allows a larger
surface area to be illuminated during a single PDT treatment with
Ameluz®.
“We are delighted that the RhodoLED XL Lamp has
had such an enthusiastic reaction from dermatologists who perform
PDT, with more than 10% of offices using Ameluz already installing
one” said Dr Hermann Luebbert, CEO and Chairman of Biofrontera Inc.
“It is remarkable to have placed this many in such a short span of
time post launch, and our customers have been very complimentary
about the level of service we have delivered both in the lead up to
installation, and with the training and support afterwards,” he
continued.
After a three-month evaluation of the RhodoLED
XL, Dr. Aaron Hoover of Front Range Dermatology, Colorado was so
impressed with its performance that his practice decided to
purchase not one but two units, including the 100th installed
RhodoLED XL lamp. “We were thoroughly impressed by the lamp’s
robust yet elegant design, as well as its exceptional
maneuverability and adjustability, which made it ideal for
Photodynamic Therapy (PDT) treatments in our offices,” Dr. Hoover
explained. “The larger illumination area has significantly
increased our patient throughput while also enhancing the overall
quality of care and patient experience.” Dr. Hoover also noted the
high level of satisfaction among both staff and patients with the
outcomes of using Ameluz PDT in conjunction with the RhodoLED XL.
“Additionally, the Biofrontera team made the purchase and
transition to the XL an entirely seamless process for us,” he
added.
“We were pleased to receive FDA approval for the
use of up to 3 tubes of Ameluz® in one treatment in October of this
year” stated Dr Luebbert. “With this capability and the larger
illumination area of the RhodoLED XL our physicians can now treat a
larger surface area on the face and scalp at one time which is
efficient for the office and convenient for their patients” he
concluded.
About Actinic Keratosis
AK is the most common pre-cancerous skin lesion
caused by chronic sun exposure that may, if left untreated, develop
into life-threatening skin cancer called squamous cell carcinoma.
AKs typically appear on sun-exposed areas such as the face, bald
scalp, arms or the back of the hands. In 2020, approximately 58
million people in the US were affected by AK and 13 million AK
treatments were performed.21.
https://www.skincancer.org/skin-cancer-information/basal-cell-carcinoma/2.
https://www.skincancer.org/skin-cancer-information/actinic-keratosis/
About Biofrontera Inc.
Biofrontera Inc. is a U.S.-based
biopharmaceutical company specializing in the treatment of
dermatological conditions with a focus on PDT. The Company
commercializes the drug-device combination Ameluz® with the
RhodoLED® lamp series for PDT of AK, pre-cancerous skin lesions
which may progress to invasive skin cancers. The Company performs
clinical trials to extend the use of the products to treat
non-melanoma skin cancers and moderate severe acne. For more
information, visit www.biofrontera-us.com and follow
Biofrontera on LinkedIn and Twitter.
Forward-Looking Statements
Certain statements in this press release may
constitute “forward-looking statements” within the meaning of the
United States Private Securities Litigation Reform Act of 1995, as
amended. These statements include, but are not limited to,
statements relating to Biofrontera's commercial opportunities and
the commercial success of its licensed products. We have based
these forward-looking statements on our current expectations and
projections about future events. Nevertheless, actual results or
events could differ materially from the plans, intentions and
expectations disclosed in, or implied by, the forward-looking
statements we make. These risks and uncertainties, many of which
are beyond our control, include, but are not limited to: the impact
of any extraordinary external events; any changes in the Company’s
relationship with its licensors; the ability of the Company’s
licensors to fulfill their obligations to the Company in a timely
manner; the Company’s ability to achieve and sustain profitability;
whether the current global disruptions in supply chains will impact
the Company’s ability to obtain and distribute its licensed
products; changes in the practices of healthcare providers,
including any changes to the coverage, reimbursement and pricing
for procedures using the Company’s licensed products; the
uncertainties inherent in the initiation and conduct of clinical
trials; availability and timing of data from clinical trials;
whether results of earlier clinical trials or trials of Ameluz ® in
combination with BF-RhodoLED and/or RhodoLED XL in different
disease indications or product applications will be indicative of
the results of ongoing or future trials; uncertainties associated
with regulatory review of clinical trials and applications for
marketing approvals; whether the market opportunity for Ameluz in
combination with BF- RhodoLED and/or RhodoLED XL is consistent with
the Company’s expectations; the Company’s ability to retain and
hire key personnel; the sufficiency of cash resources and need for
additional financing; and other factors that may be disclosed in
the Company’s filings with the Securities and Exchange Commission
(the “SEC”), which can be obtained on the SEC’s website at
www.sec.gov. Readers are cautioned not to place undue reliance on
the forward-looking statements, which speak only as of the date on
which they are made and reflect management’s current estimates,
projections, expectations and beliefs. The Company does not plan to
update any such forward-looking statements and expressly disclaims
any duty to update the information contained in this press release
except as required by law.
Contact:Investor
RelationsAndrew Barwicki1-516-662-9461ir@bfri.com
Biofrontera (NASDAQ:BFRI)
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