Printer Friendly
The Free Library
14,381,205 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

NovaDel Issued Second Canadian Patent for Oral Spray Delivery of Major Classes of Pharmaceuticals.


FLEMINGTON, N.J. -- NovaDel Pharma Inc. (AMEX AMEX

See: American Stock Exchange
: NVD See National Vulnerability Database. ) today announced the issuance of a patent by the Canadian Patent Office covering the use of multiple classes of drugs in oral sprays.

Canadian Patent No. 2,252,038 covers the use of a pharmacologically active compound selected from the group consisting of non-steroidal anti-inflammatories, anti-histamines, steroid hormones, benzodiazepines Benzodiazepines Definition

Benzodiazepines are medicines that help relieve nervousness, tension, and other symptoms by slowing the central nervous system.
Purpose

Benzodiazepines are a type of antianxiety drugs.
 and anti-depressants for the preparation of a buccal buc·cal
adj.
1. Of, relating to, adjacent to, or in the direction of the cheek.

2. Of or relating to the mouth cavity.


buccal
 aerosol pump spray composition that would be absorbed through the oral mucosa in a polar solvent. This patent complements a Canadian patent issued to NovaDel in March of 2006 that covered the use of a non-polar solvent.

"This issued patent adds to our strong intellectual property portfolio for the compounds we are currently developing and may develop in the future," commented Jan Egberts, M.D., President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of NovaDel. "This protection will allow NovaDel to exclusively apply its novel oral spray technology to additional approved pharmaceutical compounds, therefore expanding our reach to new therapeutic areas, and should prevent third parties from designing around NovaDel patent claims."

Currently, NovaDel has eight patents that have been issued in the U.S. and 53 patents that have been issued outside of the U.S. Additionally, NovaDel has over 80 patents pending around the world.

About NovaDel Pharma Inc.

NovaDel Pharma Inc. is a specialty pharmaceutical company engaged in the development of novel drug delivery systems for prescription and over-the-counter drugs. The Company's proprietary oral spray technology delivery system offers the patient the potential for (i) more rapid delivery of drugs to the bloodstream allowing for quicker onset of therapeutic effects compared to conventional oral dosage forms; (ii) increased bioavailability bioavailability /bio·avail·a·bil·i·ty/ (bi?o-ah-val?ah-bil´i-te) the degree to which a drug or other substance becomes available to the target tissue after administration.

bi·o·a·vail·a·bil·i·ty
n.
 of a drug by avoiding metabolism by the liver; (iii) improved drug safety profile by reducing the required dosage, including possible reduction of side effects Side effects

Effects of a proposed project on other parts of the firm.
; (iv) improved dosage reliability; (v) allowing medication to be taken without water; (vi) avoiding the need to swallow as is the case with many medications; and (vii) improved patient convenience and compliance. The Company plans to develop such products independently and through collaborative arrangements with major pharmaceutical and biotech companies. To find out more about NovaDel Pharma Inc. (AMEX: NVD), visit www.novadel.com.

Except for historical information contained herein, this document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. These statements involve known and unknown risks and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein including, but not limited to, the successful completion of its pilot pharmacokinetic feasibility studies, the ability to develop products (independently and through collaborative arrangements), the ability to commercialize and obtain FDA FDA
abbr.
Food and Drug Administration


FDA,
n.pr See Food and Drug Administration.

FDA,
n.pr the abbreviation for the Food and Drug Administration.
 and other regulatory approvals for products under development and the acceptance in the marketplace for lingual lingual /lin·gual/ (ling´gwal)
1. pertaining to or near the tongue.

2. in dental anatomy, facing the tongue or oral cavity.


lin·gual
adj.
1.
 spray products. The filing of an NDA (Non Disclosure Agreement) An agreement signed between two parties that have to disclose confidential information to each other in order to do business. In general, the NDA states why the information is being divulged and stipulates that it cannot be used for any  with the FDA is an important step in the approval process in the United States. Acceptance for filing by the FDA does not mean that the NDA has been or will be approved, nor does it represent an evaluation of the adequacy of the data submitted. Further, the Company operates in industries where securities may be volatile and may be influenced by regulatory and other factors beyond the Company's control. Important factors that the Company believes might cause such differences are discussed in the risk factors detailed in the Company's most recent Annual Report and Registration Statements, filed with the Securities and Exchange Commission. In assessing forward-looking statements contained herein, if any, the reader is urged to carefully read all cautionary statements contained in such filings.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Dec 20, 2006
Words:592
Previous Article:Barnes & Noble Signs Lease for Cedar Hill, Texas, Store.
Next Article:Skyworks Introduces Helios(TM) II-Plus EDGE Radio.
Topics:



Related Articles
Cortecs patents HALO(TM) drug delivery system in USA and Europe.
La Jolla Diagnostics Inc. Announces Drug Delivery System Agreement.
NOVADEL SELECTS INYX TO PRODUCE NITROGLYCERIN LINGUAL SPRAY.
NovaDel Issued U.S. Patents for Oral Spray Delivery of Major Classes of Pharmaceuticals.
NovaDel Issued Canadian Patent for Oral Spray Delivery of Major Classes of Pharmaceuticals.
Unigene and Upsher-Smith File Patent Infringement Lawsuit against Canadian Drug Manufacturer.
NovaDel Pharma Reports Transition Period Financial Results.(Financial report)
NovaDel's European Formulation of Ondansetron Targeted for U.S. Zensana(TM).
NovaDel Reports Financial Results for First Quarter 2007.(Financial report)
SPI Pharma Statement Regarding Roquette Lawsuit Alleging Patent Infringement.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles