News

Main image for the category News

Theramed Corporation signs an eight year extension with EUSA Pharma Ltd. for the exclusive right to import, market and distribute COLLATAMP® G in Canada

Published Monday, July 12 2010

Mississauga, Ontario June 15, 2010 – Theramed Corporation announces an extension until March 31, 2018 of their exclusive right to import, market and distribute COLLATAMP® G in Canada.  This was an extension of the original agreement assigned to Theramed in 2008 with EUSA Pharma Ltd.

COLLATAMP® G is used for local haemostasis of capillary, parenchymatous and seeping hemorrhages in areas with a high risk of infection. COLLATAMP® G contains gentamicin sulphate at a locally effective dose; systemically effective therapeutic blood or plasma levels are not generally achieved.

COLLATAMP® G is approved for sale in more than 50 countries and received a marketing authorization from Health Canada as a Class IV medical device on August 1, 2007.  COLLATAMP® G has been used in over 2 million patients and has an exemplary patient safety history.

To date, COLLATAMP® G has been used by more than 100 hospitals in Canada and the rate of adoption is accelerating dramatically.  Scott Corstorphine, Chief Commercialization Officer for Theramed Corporation, remarked, “We are excited to formalize the extension of our distribution rights and we appreciate the confidence that EUSA has shown in us as we continue to commercialize COLLATAMP® G in Canada.”

Theramed is a full-service Canadian medical device, pharmaceutical and biotech commercialization company with warehousing, distribution, regulatory, scientific affairs and sales and marketing capability.  Founded in 1994 and headquartered in the Toronto suburb of Mississauga, Ontario, Theramed focuses on providing healthcare products used in Canadian hospitals and other critical care settings.  Theramed is majority owned by affiliates of Bourne Partners, a healthcare focused merchant bank headquartered in Charlotte, North Carolina www.bourne-partners.com .

For more information on this transaction, please contact:

Scott Corstorphine

Chief Commercialization Officer

Theramed Corporation

800-305-4441 extension 229

scorstorphine@theramed.com