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Futura Medical advancing commercial discussions and planning further launches

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Futura Medical PLC’s (LON:FUM) CEO James Barder tells Proactive’s Andrew Scott negotiations over a deal with a partner that would help commercialise their breakthrough erectile dysfunction treatment are at an advanced stage.

MED2002 is a rapid onset gel designed for those men where the current pill-based treatments aren’t appropriate or carry significant side-effects.

The update came a day after Futura announced interim data which indicated its lead drug can be administered in at least two higher-strength doses.

This has a knock-on positive impact for the imminent phase III clinical trial of MED2002, which is hoped will rubber stamp its huge potential.

Quick facts: Futura Medical PLC

Price: 13.334 GBX

AIM:FUM
Market: AIM
Market Cap: £32.75 m
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Futura Medical kicks off process for its ED gel to be approved as medical device

Futura Medical PLC's (LON:FUM) Ken James tells Proactive London's Andrew Scott they've held positive initial discussions with EU regulators as it confirmed it will seek to have its erectile dysfunction (ED) gel approved as a medical device rather than a drug. The decision to develop the gel...

4 days, 2 hours ago

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