Zomedica Opens First Investigational New Animal Drug Application with FDA Center for Veterinary Medicine
ANN ARBOR, Mich., May 10, 2016 (GLOBE NEWSWIRE) -- Zomedica Pharmaceuticals Corp.(TSX-V:ZOM), a veterinary pharmaceutical company, today announced that it opened its first Investigational New Animal Drug Application (INAD) with the U.S. Food and Drug Administration Center for Veterinary Medicine (FDA-CVM) for ZM-012, an anti-infective therapeutic for companion animals.
"By taking ZM-012 through the rigorous FDA-CVM approval process, Zomedica intends to validate this drug as safe and effective for veterinary use and garner FDA exclusivity," stated Zomedica Chief Medical Officer William MacArthur, MS, DVM. "Also, ZM-012 supports Zomedica's veterinary-focused R&D strategy by providing products specifically formulated for companion animals to positively impact patient care and practice management."
With U.S. operations based in Ann Arbor, Michigan, Zomedica is a veterinary pharmaceutical company targeting health and wellness solutions for companion animals (canine, feline and equine) through a ground-breaking approach that focuses on the unmet needs of clinical veterinarians. Zomedica is building a diversified portfolio of products comprised of the discovery, development and commercialization of innovative drugs alongside novel drug delivery systems, devices and diagnostics. With multiple clinical veterinarians in executive management, it is Zomedica's mission to give veterinarians the opportunity to lower costs, increase productivity, and grow revenue while better serving the animals in their care. For more information, visit www.ZOMEDICA.com.
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Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to the potential validation of ZM-012 as safe and effective and the garnishment of FDA exclusivity in respect of ZM-012. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.
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Investor Relations Contact
Shameze Rampertab, CPA, CA