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OCT Clinical, one of the leading CROs in Eastern Europe, announced it has been contracted by the UK-based Futura Medical to run a confirmatory clinical trial, supporting US regulatory filing, of a topical gel for male erectile dysfunction. The companies reported the first-patient-in milestone reached this week.
Futura Medical, a pharmaceutical company developing a portfolio of innovative products based on its proprietary, transdermal DermaSys® drug delivery technology and currently focused on sexual health and pain, has partnered with OCT Clinical to run its FM71 clinical study for MED3000 in erectile dysfunction in 4 countries: Bulgaria, Poland, Georgia and the USA. The companies have already reported the first patient entering the screening in Georgia earlier this week.
MED3000, is a topical gel developed specifically for the treatment of erectile dysfunction ("ED"). It is a fast-acting topical treatment which has the potential to be a highly differentiated product by addressing significant unmet needs in the ED market including speed of onset, safety and tolerability.
The OCT Clinical team has already obtained study approval in Georgia where site initiation has been started: 50% of sites have been opened and the first patients have been screened.
As soon as the clinical trial application (CTA) approvals are obtained from the regulatory authorities in Bulgaria, Poland and the USA the CRO will start site initiation in these countries. For this project, the OCT Clinical team will engage the total of 18 research sites in Bulgaria, Poland, Georgia and the USA.
This is a multi-center, randomised, open-label, home use, parallel group, clinical investigation of topically-applied MED3000 gel and oral tadalafil (5 mg) tablets for the treatment of erectile dysfunction (ED) over a 24-week period. This clinical investigation is intended to assess the efficacy and safety of MED3000 gel in 100 male patients clinically diagnosed with a mix of mild, moderate and severe ED. The enrollment target will include 20 African American patients (from the US) and 80 patients from Eastern Europe, who will undergo a seven-month study.
James Barder, Chief Executive Officer of Futura Medical commented: “We are pleased to once again work with the professional OCT Clinical team as we continue to generate important scientific evidence related to our MED3000 gel. We are excited to see such a robust start to the study and are looking forward to making our treatment available to patients with erectile dysfunction in the USA, the biggest market for ED, as well as other regions."
OCT Clinical is now operating under Palleos Healthcare brand name.
“The merger will undoubtedly create significant synergies, not just doubling but squaring the expertise of both companies”, Philip Räth, Ph.D., managing director at Palleos, said in the release.
“OCT Clinical is proud to join forces with palleos healthcare, as it has an excellent reputation in the industry it serves. Now we can offer tailored solutions to our clients to meet their diverse clinical research needs and accelerate the time of bringing their products to market”, Dmitry Sharov, CEO at OCT Clinical.
