Closed Loop Medicine and Pharmanovia enter a co-development partnership for precision medicine combination therapeutics

Closed Loop Medicine Ltd, a leading TechBio company, developing combination prescription drug plus software therapy products that enable personalized dose optimization, and Pharmanovia, a global pharmaceutical company that commercializes novel medicines and revitalizes, extends and expands the lifecycle of established medicines, today announced that they have entered a global co-development partnership.

The partnership will initially focus on the development and launch of a drug + software combination version of a first-line anti-hypertensive in the UK, before phased global roll-out and additional therapies are added.

Hypertension is the leading preventable cause of morbidity and premature death worldwide, impacting over 1 in 4 men and 1 in 5 women, and costing the NHS alone over £2.1 billion/year (1, 2). Managing high-blood pressure through medication and lifestyle modifications significantly reduces associated health risks and improves quality of life; research in the US demonstrating improved standards of care could prevent 91,900 heart attacks, 139,000 strokes and 115,400 cardiovascular deaths within just 5 years (3). However, poor drug tolerability and treatment-related side effects significantly impact adherence, with less than 50% of patients maintaining their treatment regimen after a year, ultimately hindering treatment effectiveness, patient outcomes and overall disease management (4).

As part of this partnership, Closed Loop Medicine’s proprietary Software-as-a-Medical Device (SaMD) dosing optimization technology will be combined with Pharmanovia’s established anti-hypertensive medicines, under a single prescription. Recent preliminary clinical trial results have demonstrated that Closed Loop Medicine’s technology may provide the ability to dose optimize drug therapy, improve blood pressure control, and minimize side effects (5). By developing a new class of combination products for the treatment of hypertension, both companies aim to support patients and healthcare professionals to better manage high blood pressure.

“This pioneering partnership is a great example of where the power of software integration can add value to iconic medicines to make them more effective for patients. Through this co-development agreement, we will bring our IP, insight and technical know-how of dose optimized drug plus software integration alongside Pharmanovia’s innovative business model, to enable well-known and trusted brands to be positioned as value-driven precision medicine product solutions globally.” 

Dr. Hakim Yadi OBE, CEO & Co-Founder of Closed Loop Medicine

Dr. James Burt, CEO of Pharmanovia, said: “Combining our experience in lifecycle management with Closed Loop Medicine’s unique approach and technology is an exciting next step in our strategy. It enables us to use innovative technology to enhance established medicines and bring much needed innovation to an area of large-scale unmet need. Together we aim to deliver a first in class combination regulated software and medicine – with the aim of delivering better patient outcomes, while enabling healthcare systems to reduce costly hospital procedures through better adherence and patient engagement.”

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Closed Loop Medicine. (2023, May 17). Closed Loop Medicine and Pharmanovia enter a co-development partnership for precision medicine combination therapeutics. News-Medical. Retrieved on December 18, 2024 from https://www.news-medical.net/news/20230517/Closed-Loop-Medicine-and-Pharmanovia-enter-a-co-development-partnership-for-precision-medicine-combination-therapeutics.aspx.

  • MLA

    Closed Loop Medicine. "Closed Loop Medicine and Pharmanovia enter a co-development partnership for precision medicine combination therapeutics". News-Medical. 18 December 2024. <https://www.news-medical.net/news/20230517/Closed-Loop-Medicine-and-Pharmanovia-enter-a-co-development-partnership-for-precision-medicine-combination-therapeutics.aspx>.

  • Chicago

    Closed Loop Medicine. "Closed Loop Medicine and Pharmanovia enter a co-development partnership for precision medicine combination therapeutics". News-Medical. https://www.news-medical.net/news/20230517/Closed-Loop-Medicine-and-Pharmanovia-enter-a-co-development-partnership-for-precision-medicine-combination-therapeutics.aspx. (accessed December 18, 2024).

  • Harvard

    Closed Loop Medicine. 2023. Closed Loop Medicine and Pharmanovia enter a co-development partnership for precision medicine combination therapeutics. News-Medical, viewed 18 December 2024, https://www.news-medical.net/news/20230517/Closed-Loop-Medicine-and-Pharmanovia-enter-a-co-development-partnership-for-precision-medicine-combination-therapeutics.aspx.

Comments

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News Medical.
Post a new comment
Post

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

You might also like...
Closed Loop Medicine and Pharmanovia commence OptiZest study for their first precision medicine combination therapeutic