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Aptar wins FDA approval for needle-free rescue treatment for severe hypoglycemia.

M2 EQUITYBITES-July 26, 2019-Aptar wins FDA approval for needle-free rescue treatment for severe hypoglycemia

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Drug delivery company AptarGroup Inc (NYSE:ATR) reported on Thursday the receipt of US Food and Drug Administration (FDA) approval for its Unidose Powder System, an intranasal, needle-free rescue treatment drug intended to treat severe hypoglycemia in people with diabetes.

This is the first FDA approval of a prescription drug using Aptar's patented Unidose Powder System and is Aptar's first combination of a drug delivery device with a protective active packaging container.

According to the company, the Unidose Powder System is a single-use, ready-to-use one-step nasal delivery device which can deliver a powder formulation in an emergency situation quickly and easily. During such an event, the patient or caregiver presses a small plunger on the bottom of the device to release the drug in a single powder puff into the nose, where the drug can be quickly absorbed via the nasal mucosa.

The product is an alternative to injectable kits that may require assembly, including a multistep, time-consuming process of mixing powder and liquid.

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Publication:M2 EquityBites (EQB)
Date:Jul 26, 2019
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