Vienna, 01.02.2021. Strokes, heart failure, heart attacks and sepsis are four of the six leading causes of hospital deaths according to the Canadian Institute for Health Information. AOP Orphan Pharmaceuticals AG (AOP Orphan) has been conducting several clinical studies to further confirm the important benefits of a super-selective, short-acting and rapidly reversible beta-blocker for patients in acute care. The medication is administered intravenously and fulfills an unmet medical need: “It is administered in life-critical conditions, where it is desirable to safely and rapidly reduce heart rate with minimal effect on blood pressure. Our new partner Trimedic Therapeutics can build on our expertise. We are happy to be able to support hospitalized patients in Canada through this strong partnership and to bring this innovative European medicine to Canada,” says Andreas Steiner, CEO of AOP Orphan.
Expansion to North America
“We are always looking for products that may offer a unique delivery and greater benefit to the physician, the health system, and especially the patient. It will be the first beta blocker introduced in Canada in more than 20 years. The actual agreement with AOP Orphan meets our needs in this regard,” comments Marty Tenenbaum, president and founder of Trimedic Therapeutics Inc of Toronto Canada. The deal has tremendous upside potential for the expansion of AOP Orphan to North America, it was signed in December 2020.