pain associated with osteoarthritis in superficial joints, including the knee, has been accepted for review by the Austrian Agency for Health and Food Safety (AGES) acting as the reference member state. Included in this decentralized extension procedure are the local health authorities in Italy, Greece and Portugal. This marks the first European Union submission of Pennsaid 2%.
About Pennsaid 2%Pennsaid 2% is a topical pain product that combines a DMSO-based transdermal carrier with 2% diclofenac sodium. It is approved by the U.S. Food and Drug Administration (FDA) for treating the pain of osteoarthritis of the knee(s). Pennsaid 2% is a viscous solution that is supplied in a metered dose pump bottle and approved by the FDA for twice daily dosing. Pennsaid 2% is protected by multiple U.S. patents that are listed in the FDA's Approved Drug Products with Therapeutic Equivalence Evaluations database or Orange Book. Patents protecting Pennsaid 2% have been issued or are pending in multiple major international territories. Pennsaid 2% has not yet received regulatory approval outside of the U.S. and Russia.
About Nuvo Pharmaceuticals Inc.Nuvo (TSX: NRI; OTCQX: NRIFF) is a Canadian focused, healthcare company with global reach and a diversified portfolio of commercial products. The Company targets several therapeutic areas, including pain, allergy and dermatology. The Company's strategy is to in-license and acquire growth-oriented, complementary products for Canadian and international markets and to out-license select products in global markets. Nuvo's head office is located in Mississauga, Ontario, Canada, the international operations are located in Dublin, Ireland and its manufacturing facility is located in Varennes, Québec, Canada. The Varennes manufacturing facility is approved by the U.S. Food and Drug Administration, Health Canada and the European Commission. For additional information, please visit www.nuvopharmaceuticals.com.