Report

Preliminary pain trial results have reduced risk

​Futura Medical has proprietary transdermal technology which can be incorporated intoformulations of well characterised drugs to improve performance and extend their uses. Headline results from a clinical trial assessing its three pain portfolio products suggest that its anti-inflammatory drugs applied locally are 'not inferior' to formulations of the established gold standards. These should provide a value inflection point, with further potential uplift when management concludes licensing deals with commercial partner(s).

Underlying
Futura Medical PLC

Futura Medical is engaged in the research and development of pharmaceutical drugs and medical devices and their commercial exploitation. Co. focuses on developing products primarily for the consumer healthcare market. Co.'s focus is on sexual healthcare and pain relief. DermaSys® is Co.'s transdermal technology platform, for the absorption of active molecules through the skin. DermaSys® includes MED2002, a topical gel for the treatment of erectile dysfunction; TPR100, a topical diclofenac pain relief gel; TIB200, a topical ibuprofen pain relief gel; and SPR300, a topical methyl salicylate pain relief gel.

Provider
Hardman & Co
Hardman & Co

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