Zomedica Initiates ZM-006 Pilot Efficacy Study and Provides Corporate Updates
05 Mars 2019 - 12:55PM
Zomedica Pharmaceuticals Corp. (NYSE American: ZOM) (TSX-V:
ZOM), a veterinary diagnostic and pharmaceutical company, initiated
enrollment in its pilot efficacy study at the University of Georgia
College of Veterinary Medicine to evaluate ZM-006, a transdermal
methimazole formulation for the treatment of chronic
hyperthyroidism in cats.
ZM-006 PILOT EFFICACY STUDY
The ZM-006 pilot efficacy study is being conducted to evaluate
Zomedica’s transdermal methimazole formulation and, assuming
positive study results, provide data for a future FDA Center for
Veterinary Medicine (FDA-CVM) approved pivotal trial. Recognized as
a center of excellence for endocrine diseases, the University of
Georgia College of Veterinary Medicine is enrolling 12 newly
diagnosed hyperthyroid cats and 12 hyperthyroid cats currently
treated and controlled using oral methimazole. Enrolled patients
will be treated with ZM-006 for three weeks with regular monitoring
of clinical parameters including thyroid hormones.
“Our ZM-006 transdermal gel formulation is intended for
application to the cat’s ear. Data obtained from this pilot
efficacy study will help investigate an alternative treatment for
hyperthyroid cats that may be less stressful for both owners and
their feline companions,” stated Gerald Solensky Jr., Chairman and
CEO at Zomedica.
Hyperthyroidism is one of the most commonly diagnosed endocrine
disorders in middle-aged to older cats, occurring in about 10
percent of cats over 10 years of age, according to the American
Association of Feline Practitioners. One method of treatment
includes a FDA-CVM approved oral methimazole tablet. This can be
problematic in that cats are notoriously difficult to pill.
Although transdermal forms of methimazole are currently available
from compounding pharmacies, they can have variable pharmaceutical
efficacy and are not FDA-approved for use in veterinary
medicine.
As previously disclosed, Zomedica expects to commence the
pivotal safety study in the first half of 2019.
CORPORATE UPDATES
Zomedica also announced it will present at the H.C. Wainwright
Global Life Sciences Conference April 7-9, 2019 in London, UK.
Investors and other interested parties will be able to access a
live webcast of the presentation by visiting Zomedica’s website at
http://investors.zomedica.com. A replay of the webcast will be
accessible on the Zomedica website following the event.
As previously disclosed in its Annual Report on Form 10-K for
the fiscal year ended December 31, 2018, which was filed with the
Securities and Exchange Commission on February 26, 2019, Zomedica’s
audited financial statements contained an unqualified audit opinion
from its independent registered public accounting firm that
included a going concern explanatory paragraph. This announcement
does not represent any change or amendment to Zomedica’s financial
statements or to its Annual Report on Form 10-K for the fiscal year
ended December 31, 2018.
About ZomedicaBased in Ann Arbor, Michigan,
Zomedica (NYSE American: ZOM) (TSX-V: ZOM) is a veterinary
diagnostic and pharmaceutical company creating products for
companion animals (canine, feline and equine) by focusing on the
unmet needs of clinical veterinarians. Zomedica’s product portfolio
will include novel diagnostics and innovative therapeutics that
emphasize patient health and practice health. With a team that
includes clinical veterinary professionals, it is Zomedica’s
mission to give veterinarians the opportunity to lower costs,
increase productivity, and grow revenue while better serving the
animals in their care. For more information, visit
www.ZOMEDICA.com.
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Investor Relations ContactsShameze Rampertab,
CPA, CAsrampertab@zomedica.com+1 647.283.3630
PCG Advisory GroupKirin Smith, COOksmith@pcgadvisory.com+1
646.863.6519www.pcgadvisory.com
Media ContactAndrea
Eberleaeberle@zomedica.com+1 734.369.2555
Zomedica Pharmaceuticals (TSXV:ZOM)
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