PriceSensitive

Starpharma (ASX:SPL) launches VivaGel BV in Central and Eastern European region

Health Care
ASX:SPL      MCAP $51.50M
16 June 2020 14:30 (AEST)

Australian biotech Starpharma (SPL) has launched its VivaGel BV product in the Central and Eastern European (CEE) region.

This launch follows launches in Germany, the United Kingdom, and several other European countries.

VivaGel BV will be available over-the-counter, meaning a doctor visit or prescription won’t be required to obtain the product.

The launch into the CEE is a significant opportunity for Starpharma, as it says more than 45 million women will benefit from it.

“We are excited to see VivaGel BV being rolled-out through Europe and the marketing and launch activities being undertaken by Mundipharma,” Starpharma CEO Dr Jackie Fairley commented.

“It’s been particularly pleasing to have both teams collaborating so successfully on launch and regulatory activities, and we look forward to supporting Mundipharma in its preparations for upcoming launches,” she said.

VivaGel BV is a non-antibiotic topical treatment used to prevent the reoccurrence of bacterial vaginosis (BV).

One in three women will experience BV in their lifetime, while half of these will have recurring BV.

It is the most common vaginal condition in the world and is twice as common as thrush.

“VivaGel BV is fast-becoming a trusted brand, based on its quality and effectiveness as a treatment for BV,” Mundipharma CEO Raman Singh said.

“We are delighted to be able to deliver this product to women in easter and central Europe through our extensive marketing and distribution network,” he added.

VivaGel BV is now available in the U.K. at Betafem BV Gel, BETADINE BV Gel in Europe and Asia, and Fleurstat BVgel in Australia.

Starpharma is sitting 7.73 per cent in the green and shares are trading for $1.05 each at 12:34 pm AEST.

Related News