Scottsdale 9/10/2012 10:40:00 PM
News / Finance

Imprimis Pharmaceuticals (IMMY) Announces Drug Development Agreement

QualityStocks would like to highlight Imprimis Pharmaceuticals, Inc. (OTCQB: IMMY), a specialty pharmaceutical company focused on the development and commercialization of non-invasive topically delivered medications. The company's innovative patented Accudel cream formulation technology is designed to enable highly targeted site specific treatment. Impracor, the company's lead pain product candidate, utilizes the Accudel platform technology to deliver the active drug ketoprofen, a non-steroidal anti-inflammatory drug, through the skin directly into the underlying tissues where the drug exerts its localized anti-inflammatory and analgesic effects.

In the company’s news last week,

Imprimis announced a strategic investment and development agreement with Professional Compounding Centers of America (PCCA). This company provides a variety of products and services to its member compounding pharmacies and works directly with prescribers to provide patients with specialized medications that are normally not available over-the-counter or by prescription. It has also led in the research and development of topical and transdermal technology, including its Lipoderm family of topical bases – the industry’s only bases proven to deliver four drugs at once.

The proposed agreement will allow the two companies to develop and share drug formulation technology with the goal of creating a new generation of treatments for muscle and joint pain, neuropathic pain, and other conditions. PCCA also made a $4 million equity investment into Imprimis. The agreement gives Imprimis exclusive non-PCCA-member access to PCCA’s topical technologies and formulation know-how for delivering drugs directly through the skin.

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Forward-Looking Statement:

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