Hyloris Pharmaceuticals SA: Hyloris Announces Launch of Maxigesic IV, a Novel Non-Opioid Pain Treatment, in Key European Markets
Liège,
Hyloris Pharmaceuticals SA (Euronext Brussels: HYL), a specialty biopharma company committed to addressing unmet medical needs through reinventing existing medications, today announces that Maxigesic IV is now available in Germany, the largest European pharmaceutical market, and Austria.
Maxigesic IV is a novel, patented, non-opioid treatment for post-operative pain and is a unique combination of 1000mg paracetamol and 300mg ibuprofen solution for infusion. Hyloris partner AFT Pharmaceuticals works together with distribution partners with strong local presence to commercialise the product globally.
Hyloris Announces Launch of Maxigesic® IV, a Novel Non-Opioid Pain Treatment, in Key European Markets
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Hyloris Announces Launch of Maxigesic® IV, a Novel Non-Opioid Pain Treatment, in Key European
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Among all the Chronic Pain emerging therapies,
Rexlemestrocel (Gruenthal and Mesoblast) is expected to occupy the maximum share of the Chronic Pain market owing to promising efficacy signals shown in the phase II trial and also expected premium pricing.
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Chronic pain is pain, which lasts for more than three months. The pain worsens with time and recurs at undefined periods of time. In normal cases, after healing pain subsidizes; however, in the case of Chronic Pain, the pain persists even after months of treating the root cause.
Chronic Pain may last up to 6 months or even longer, depending on the cause of the injury. The most common causes of Chronic Pain include lower back pain (LBP), arthritis pain, headache and neuropathic pain.
Chronic Pain Market Size Expected to Demonstrate Optimal Growth at a CAGR of 3 0% in the 7MM During the Study Period 2018-2030, Analysis by DelveInsight
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