Nutriband Seeks to Revolutionize Transdermal Pain Management amid Opioid Crisis
TL;DR
Nutriband aims to close the care gap by improving safety while maintaining accessibility in transdermal drug delivery systems.
Nutriband's AVERSA(TM) platform is designed to deter abuse of opioid patches by making them difficult to manipulate for non-medical use.
Nutriband's focus on pain management aims to provide effective medications in response to the opioid crisis, improving patient access to care.
The dramatic contraction in the fentanyl patch market despite the persistent patient population needing these therapies highlights Nutriband's impactful innovation.
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Nutriband Inc. is developing a groundbreaking transdermal drug delivery system designed to address critical challenges in pain management and the ongoing opioid crisis. During a recent BioMedWire Podcast interview, CEO Gareth Sheridan highlighted the company's innovative AVERSA™ platform, which seeks to improve the safety of opioid patches while maintaining patient accessibility.
The pharmaceutical landscape has dramatically shifted in recent years, with the fentanyl patch market shrinking from $4 billion in 2016 to under $1 billion today. This contraction stems from increased liability concerns and stigma surrounding opioid medications, despite a persistent patient population requiring pain management solutions.
AVERSA™ represents a potential solution by implementing design features that make opioid patches difficult to manipulate for non-medical use. By deterring potential abuse, the platform could help restore prescriber and payer confidence in transdermal opioid therapies.
The development comes at a critical time when pain management strategies require innovative approaches that balance patient care with safety considerations. Nutriband's strategy addresses the complex challenges of providing effective pain relief while mitigating potential drug misuse risks.
Curated from InvestorBrandNetwork (IBN)
