BioSyent Announces Extension of RepaGyn® and Proktis-M® Agreement
April 15 2024 - 3:31PM
BioSyent Inc. (“BioSyent”, “the Company”, TSX Venture: RX) is
pleased to announce that its wholly-owned subsidiary, BioSyent
Pharma Inc. (“BioSyent Pharma”), has extended its Exclusive License
and Distribution Agreement with its European partner for the
RepaGyn® and Proktis-M® products, extending BioSyent Pharma’s
exclusive Canadian rights to these products until 2032.
“RepaGyn® and Proktis-M® have been part of our
product portfolio since we first launched these products in Canada
in 2014,” commented René Goehrum, President and CEO of BioSyent.
“We are pleased to continue to offer these trusted products to
Canadian patients over the long-term and we look forward to their
continued growth.”
About
RepaGyn®
RepaGyn® is an innovative vaginal suppository
recommended for relieving vaginal dryness and healing of the
vaginal mucosa. RepaGyn®, a natural health product, is formulated
with sodium hyaluronate and provides a hormone-free treatment
proven to deliver symptom relief and tissue repair.
To learn more about RepaGyn®, please visit
www.repagyn.ca.
About
Proktis-M®
Proktis-M® rectal suppositories are designed to
help with the healing of the anus and rectum. Proktis-M® is
formulated with sodium hyaluronate and has been studied and tested
in conditions such as operated severe internal hemorrhoids, anal
fissures, and prevention of radiation-induced proctitis.
To learn more about Proktis-M®, please visit
www.proktis-m.ca.
About BioSyent Inc.
Listed on the TSX Venture Exchange under the
trading symbol “RX”, BioSyent is a profitable growth-oriented
specialty pharmaceutical company focused on in-licensing or
acquiring innovative pharmaceutical and other healthcare products
that have been successfully developed, are safe and effective, and
have a proven track record of improving the lives of patients.
BioSyent supports the healthcare professionals that treat these
patients by marketing its products through its community, specialty
and international business units.
As of the date of this press release, the
Company has 11,609,573 common shares outstanding.
For a direct market quote for the TSX Venture
Exchange and other Company financial information please visit
www.tmxmoney.com.
For further information please
contact:Mr. René C. GoehrumPresident and CEOBioSyent
Inc.E-Mail: investors@biosyent.comPhone: 905-206-0013Web:
www.biosyent.com
This press release may contain information or
statements that are forward-looking. The contents herein represent
our judgment, as at the release date, and are subject to risks and
uncertainties that may cause actual results or outcomes to be
materially different from the forward-looking information or
statements. Potential risks may include, but are not limited to,
those associated with clinical trials, product development, future
revenue, operations, profitability and obtaining regulatory
approvals.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this press release.
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