EQS-News: SCHOTT Pharma AG & Co. KGaA
/ Key word(s): Market Launch
Driving subcutaneous self-injection of large volume doses: SCHOTT Pharma launches large format ready-to-use cartridges for on-body devices 16 July 2024, Germany, Mainz
SCHOTT Pharma, a pioneer in pharma drug containment solutions and delivery systems, expands its ready-to-use (RTU) platform with 10ml RTU cartridges. This large format solution is specifically designed to protect and administer highly sensitive biologics, which are transforming the treatment landscape for numerous diseases, including cancer, metabolic disorders, cardiovascular conditions, genetic disorders, and immunological diseases. By partnering with device manufacturer Ypsomed, SCHOTT Pharma’s new RTU cartridges are compatible with the on-body device YpsoDose. The fully assembled device is the first on the market that is prefilled and pre-loaded, which leads to significantly fewer handling steps for the end user. “With our large format RTU cartridges, we are actively supporting pharma companies, who are transitioning the drug administration from intravenous infusion to subcutaneous injection,” says Andreas Reisse, CEO of SCHOTT Pharma. “We are thereby empowering patients to self-administer also large volume medications, which is a real game-changer for them. By facilitating the shift to homecare solutions, we are also helping to reduce the financial burden on the healthcare system.” The RTU cartridges known as cartriQ® are available for human use (FHU) and are manufactured at the company’s site in St. Gallen, Switzerland. Currently, there are over 6,200 injectable drugs in the drug development pipeline, of which roughly 80% are biologics1. These drugs typically feature a complex molecular structure and must be stored in innovative containers to ensure drug stability. Moreover, particularly biologics with high viscosity or those that need to be injected in high volumes require unique solutions that ensure safe and reliable administration. With the advancements in biological formulations and delivery devices, a broader range of therapies can be administered subcutaneously. Thereby enhancing the overall patient experience and expanding the reach of these innovative treatments. “Our collaboration with SCHOTT Pharma builds on years of trustful cooperation. By ensuring proven compatibility of our device with their new ready-to-use large format cartridges, we’re prioritizing patient needs and enabling the greatest patient convenience,” adds Reto Jost, Category Lead Large Volume Injectors at Ypsomed. At the same time, pharma companies benefit from a pre-tested and pre-validated solution, which significantly accelerates the time-to-market of lifesaving drugs. Expanding high-value solutions portfolio As part of the SCHOTT iQ® platform, cartriQ® RTU cartridges come in a standardized nest and tub configuration, ensuring optimal container quality and enhancing fill-and-finish efficiency for pharma companies. The solution undergoes stringent in-house steam sterilization to maintain a high level of sterility. By using steam for the sterilization process, the company is able to avoid ethylene oxide, which is typically used in the industry, thereby opting for a more sustainable option. Additionally, cartriQ® is the first cartridge on the market that features a sterile barrier integrated into the crimp cap, which eliminates the need for manual swabbing pre-use. This reduces the handling steps for patients or healthcare professionals, which saves time and reduces risk for error. The product is part of SCHOTT Pharma’s portfolio of high-value solutions (HVS), which further strengthens the company’s strategic shift towards HVS. 1Source: Globaldata, May 2024
About SCHOTT Pharma Human health matters. That is why SCHOTT Pharma designs solutions grounded in science to ensure that medications are safe and easy to use for people around the world. The portfolio comprises drug containment solutions and delivery systems for injectable drugs ranging from prefillable glass and polymer syringes to cartridges, vials, and ampoules. Every day, a team of over 4,600 people from over 60 nations works at SCHOTT Pharma to contribute to global healthcare. The company is represented in all main pharmaceutical hubs with 16 manufacturing sites in Europe, North and South America, and Asia. With over 1,000 patents and technologies developed in-house and a state-of-the-art R&D center in Switzerland, the company is focused on developing innovations for the future. SCHOTT Pharma AG & Co. KGaA is headquartered in Mainz, Germany and listed on the Frankfurt Stock Exchange as part of the SDAX. It is part of SCHOTT AG, which is owned by the Carl Zeiss Foundation. In light of this spirit, SCHOTT Pharma is committed to sustainable development for society and the environment and has the strategic goal of becoming climate-neutral by 2030. Currently, SCHOTT Pharma has over 1,800 customers including the top 30 leading pharma manufacturers for injectable drugs and generated revenue of EUR 899 million in the fiscal year 2023. Further information at www.schott-pharma.com. Joana Kornblum Jasko Terzic, CFA
16.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | SCHOTT Pharma AG & Co. KGaA |
Hattenbergstraße 10 | |
55122 Mainz | |
Germany | |
ISIN: | DE000A3ENQ51 |
WKN: | A3ENQ5 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange |
EQS News ID: | 1946599 |
End of News | EQS News Service |
|
1946599 16.07.2024 CET/CEST
P R O D U C T S U G G E S T I O N S
Die hier dargestellten Informationen wurden von unserem Content-Partner EQS-Group bereitgestellt. Urheber4 der Nachricht ist der jeweilige Emittent, das die Nachricht betreffende Unternehmen, ein Publikationsdienstleister (Presse- oder Informationsagentur), welche(r) den Distributionsservice3 der EQS nutzt, um Unternehmensnachrichten an Aktionäre, Investoren, Anleger oder Interessenten zu übermitteln. Die Originalpublikationen sowie weitere Unternehmensrelevante Informationen finden Sie auf eqs-news.com.
Die Informationsangebote die Sie abrufen können, stellen keine Anlageberatung dar. Die Vorstellung unserer Kooperationspartner, bei denen die Umsetzung von Anlageentscheidungen je nach individuellem Risikoprofil möglich wäre, liegt allein im Ermessen desjenigen, der den Service in Anspruch nimmt. Wir stellen ausschließlich Unternehmen vor, von denen wir überzeugt sind, dass Leistungsangebot und Kundenservice anspruchsvollen Anlegern gerecht werden.
Sollten Sie Hebelprodukte in Erwägung ziehen, machen Sie sich zuvor mit den typischen Eigenschaften der Finanzinstrumente vertraut. Nehmen Sie sich die Zeit, den Risikogehalt der geplanten Investition m Vorfeld einer Anlageentscheidung zu bestimmen. Bedenken Sie, dass bei Hebelprodukten auch ein Totalverlust nicht ausgeschlossen werden kann.
Für Einsteiger in die Materie bieten wir sowohl in der Weiterbildungs- als auch in der Tools-Sektion verschiedene Möglichkeiten an, über die Sie theoretische Kenntnisse und praxisnahe Erfahrungen trainieren und somit Ihre Fertigkeiten verbessern können. Das Angebot reicht von der Teilnahme an Webinaren bis hin zum persönlichen Mentoring. Der Bereich wird kontinuierlich erweitert.
1 Lab Features sind in der Regel Funktionalitäten, die aus der Ideenschmiede der Anleger-Community heraus entstehen. Im frühen Stadium handelt es sich dabei um experimentelle Funktionalitäten, deren Entwicklungsprozess maßgeblich durch Nutzung und daraus abgeleiteten Feedback seitens der Community bestimmt wird. Bei der Einbindung externer Services oder Funktionalitäten kann die Funktionsweise nur soweit gewährleistet werden, wie die einzelnen Prozesselemente wie bspw. Schnittstellen miteinander interagieren.
2 Die genannten Finanzprodukte sind mit hohen Risiken und Schließen die Möglichkeit eines Totalverlustes nicht aus.
3 Die EQS Distributionsservices umfassen gesetzliche Meldepflichten, Corporate News/Finanznachrichten und Pressemitteilungen.
4 Vom Urheberrecht erfasst sind Bild-, Logo-, Markenrechte sowie über die News übermitteltes Bildmaterial. Für in die Nachrichten eingebettete Inhalte Dritter, Verlinkungen zu externen Seiten oder Dokumenten ist der Ersteller der Publikation verantwortlich.