APPH APONTIS PHARMA AG

DGAP-News: APONTIS PHARMA and Midas Pharma agree on further development partnership for the market launch of a single pill with pan-European intellectual property rights

DGAP-News: APONTIS PHARMA AG / Key word(s): Alliance/Market launch
APONTIS PHARMA and Midas Pharma agree on further development partnership for the market launch of a single pill with pan-European intellectual property rights

19.07.2022 / 07:30
The issuer is solely responsible for the content of this announcement.


APONTIS PHARMA and Midas Pharma agree on further development partnership for the market launch of a single pill with pan-European intellectual property rights

  • Further expansion of the mid-term Single Pill portfolio for the treatment of hypertension, coronary heart disease, heart failure and concomitant dyslipidemia
  • Medium-term annual revenue potential of the Single Pill expected to be between EUR 6.0 million and EUR 8.0 million
  • APONTIS PHARMA will in turn own all pan-European rights (IP – Intellectual Property) to the Single Pill

Monheim am Rhein, 19 July 2022. APONTIS PHARMA AG (Ticker / ISIN ), the leading pharmaceutical company for Single Pills in Germany, has concluded a further development partnership with Midas Pharma as part of its growth strategy. The objective is the contract development of a Single Pill with a combination of two leading active ingredients for the treatment of high blood pressure (hypertension), coronary heart disease (CHD), heart failure and concomitant dyslipidemia. The development of this Single Pill will further strengthen APONTIS PHARMA's portfolio in the medium term.

APONTIS PHARMA will own the EU-wide rights (IP – Intellectual Property) to this combination preparation. This opportunity opens up further possibilities for the Single Pill Company in terms of out-licensing for marketing and distribution beyond the borders of its home market Germany. The Single Pill addresses a large and continuously growing group of hypertension patients with concomitant dyslipidemia. In Germany alone, about 610,000 people are currently taking a loose combination of the two drug classes. By the time of the expected market launch in 2027, both partner companies expect around 750,000 people. APONTIS PHARMA expects the medium-term annual revenue potential of this new Single Pill to be between EUR 6.0 million and EUR 8.0 million.

The single pill therapy approach is tried and tested. The combination of up to three active ingredients in just one pill increases the patients' adherence to taking the medication compared to a loose combination. It is the basis for a more efficient and thus more successful therapy. The therapeutic benefit is proven by the START study conducted in 2019, which showed that cardiovascular events and mortality can be better reduced by a single-pill therapy concept than by a multi-pill strategy with the same substance – with a corresponding improvement in the prognosis for the patients.

“We are pleased to be able to put the successful and trusting partnership with Midas Pharma for Single Pill developments on an even broader basis with the current agreement. This is another significant step to achieving our ambitious goals with regard to the medium-term expansion of our Single Pill portfolio. In doing so, APONTIS PHARMA will once again have the EU-wide property rights for the drug and will thus be able to reach patients in numerous other country markets beyond the borders of our home market. With Midas Pharma, we have the ideal partner at our side who shares our vision of a more efficient, innovation-driven therapy,” says Karlheinz Gast, Chief Executive Officer (CEO) of APONTIS PHARMA AG.

“We are particularly pleased to have in APONTIS PHARMA a strategic partner who particularly appreciates the added value that we as Midas Pharma bring to the table through many years of our experience in the development and manufacture of medicinal products,” says Karl-Heinz Schleicher, owner and CEO of Midas Pharma, and adds: “Our understanding as a CDMO is that we see ourselves as a partner who supports its customers as early as in the ideation phase, in order to then consequently implement the tailor-made solution proposed. Midas Pharma has built up extensive expertise in the development, approval and manufacture of combination products in numerous projects and is thus pleased to contribute APONTIS PHARMA with its single pill strategy.”

About Midas Pharma:

Midas Pharma is a pharmaceutical company based in Ingelheim, Germany, that offers products, services and expertise along the entire pharmaceutical value chain - from Starting Materials and Active Pharmaceutical Ingredients to market ready Finished Products and Devices.
Since over three decades the family-owned company has successfully contributed to the Pharma sector and has step by step expanded its competencies. For 2022 Midas Pharma Group is expecting an annual turnover with over 400 Mio. EUR.
With more than 250 employees and 10 locations in all major pharmaceutical markets worldwide Midas Pharma has excellent local know-how, local contacts and well-established networks in different pharmaceutical sectors (biological products, small molecules and medical devices).
Thanks to many years of experience and extensive expertise, Midas Pharma has a proven track record of successfully supporting its customers in coordinating even complex pharmaceutical projects and creating significant added value.

About APONTIS PHARMA:

APONTIS PHARMA AG is a leading pharmaceutical company specializing in Single Pills in Germany. Single Pills combine two to three generic active ingredients in a single dosage form. APONTIS PHARMA develops, promotes and sells a broad portfolio of Single Pills and other pharmaceutical products, with a special focus on cardiovascular diseases. Since 2013, APONTIS successfully launched several Single Pill products alone for cardiovascular indications such as hypertension, hyperlipidemia and secondary prevention. With its headquarters in Monheim am Rhein, APONTIS PHARMA is located in one of Europe's leading pharmaceutical and chemical region. From here, the company maintains a broad network with research-based pharmaceutical companies and a customer target group of approx. 23,000 physicians in Germany. For additional information about APONTIS PHARMA, please visit .

APONTIS PHARMA AG

Investor Relations

T: 4900
F: 1521
Alfred-Nobel-Str. 10
40789 Monheim am Rhein
Germany

APONTIS PHARMA Press Contact

CROSS ALLIANCE communication GmbH
Sven Pauly

T: 330



19.07.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at


Language: English
Company: APONTIS PHARMA AG
Alfred-Nobel-Str. 10
40789 Monheim
Germany
E-mail:
Internet: -pharma.de/
ISIN: DE000A3CMGM5
WKN: A3CMGM
Listed: Regulated Unofficial Market in Frankfurt (Scale)
EQS News ID: 1399379

 
End of News DGAP News Service

1399379  19.07.2022 

fncls.ssp?fn=show_t_gif&application_id=1399379&application_name=news&site_id=research_pool
EN
19/07/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on APONTIS PHARMA AG

 PRESS RELEASE

EQS-News: APONTIS PHARMA with significant sales and earnings increase ...

EQS-News: APONTIS PHARMA AG / Key word(s): Annual Report/Annual Results APONTIS PHARMA with significant sales and earnings increase in 2024 financial year – squeeze-out and merger planned 31.03.2025 / 14:00 CET/CEST The issuer is solely responsible for the content of this announcement. APONTIS PHARMA with significant sales and earnings increase in 2024 financial year – squeeze-out and merger planned   Sales increases significantly to EUR 48.5 million in 2024 financial year (2023: EUR 37.0 million) Strong increase in Single Pill combination revenues to EUR 34.4 million ...

 PRESS RELEASE

EQS-News: APONTIS PHARMA mit deutlichem Anstieg von Umsatz und Ergebni...

EQS-News: APONTIS PHARMA AG / Schlagwort(e): Jahresbericht/Jahresergebnis APONTIS PHARMA mit deutlichem Anstieg von Umsatz und Ergebnis im Geschäftsjahr 2024 – Squeeze-Out und Verschmelzung geplant 31.03.2025 / 14:00 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. APONTIS PHARMA mit deutlichem Anstieg von Umsatz und Ergebnis im Geschäftsjahr 2024 – Squeeze-Out und Verschmelzung geplant   Umsatz steigt im Geschäftsjahr 2024 deutlich auf EUR 48,5 Mio. (2023: EUR 37,0 Mio.) Starker Umsatzanstieg der Single Pill-Kombinationen auf EUR 34...

 PRESS RELEASE

EQS-News: APONTIS PHARMA AG: Condition of Minimum Acceptance in Zentiv...

EQS-News: APONTIS PHARMA AG / Key word(s): Tender Offer APONTIS PHARMA AG: Condition of Minimum Acceptance in Zentiva’s Voluntary Public Purchase Offer Waived 21.11.2024 / 11:30 CET/CEST The issuer is solely responsible for the content of this announcement. APONTIS PHARMA AG: Condition of Minimum Acceptance in Zentiva’s Voluntary Public Purchase Offer Waived   Zentiva waives the condition of minimum acceptance Acceptance Period ends unchanged today, 21 November 2024 at 24:00 CET Around 60% of shares already tendered Management Board and Supervisory Board of APONTIS PH...

 PRESS RELEASE

EQS-News: APONTIS PHARMA AG: Verzicht auf die Bedingung der Mindestann...

EQS-News: APONTIS PHARMA AG / Schlagwort(e): Übernahmeangebot APONTIS PHARMA AG: Verzicht auf die Bedingung der Mindestannahme im freiwilligen öffentlichen Erwerbsangebot von Zentiva 21.11.2024 / 11:30 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. APONTIS PHARMA AG: Verzicht auf die Bedingung der Mindestannahme im freiwilligen öffentlichen Erwerbsangebot von Zentiva   Zentiva verzichtet auf die Mindestannahmebedingung Annahmefrist endet unverändert heute, 21. November 2024, um 24:00 Uhr (MEZ) Bereits rund 60 % der Aktien angedien...

 PRESS RELEASE

EQS-News: APONTIS PHARMA reports profitable revenue growth for Single ...

EQS-News: APONTIS PHARMA AG / Key word(s): 9 Month figures/Change in Forecast APONTIS PHARMA reports profitable revenue growth for Single Pill combinations in 9M 2024 – revenue guidance adjusted 07.11.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. APONTIS PHARMA reports profitable revenue growth for Single Pill combinations in 9M 2024 – revenue guidance adjusted Revenue growth for Single Pill combinations in 9M 2024 to EUR 26.2 million (9M 2023: EUR 17.9 million) Novartis collaboration (asthma products) contributes EUR 5.6 m...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch