"We are very pleased to begin this phase IIa dose escalation trial. We strongly believe that such a product could have a significant improvement for the treatment of Exocrine Pancreatic Insufficiency," stated Stephane Thiroloix, Mayoly Spindler Laboratories' CEO. AzurRx and Laboratoires Mayoly Spindler are party to a joint Research and development agreement and are collaborating on the development of a yeast derived recombinant lipase for the oral treatment of Exocrine pancreatic insufficiency (EPI). Under terms of their partnership agreement, Mayoly Spindler granted AzurRx marketing rights for the recombinant Lipase in various geographies, including exclusive rights for North America.About AzurRx BioPharma, Inc.:AzurRx BioPharma, Inc. (NASDAQ:AZRX) is engaged in the research and development of non-systemic biologics for the treatment of patients with gastrointestinal disorders. MS1819 recombinant lipase for exocrine pancreatic insufficiency is the company's lead development program, and additional early stage research is being conducted for the prevention of hospital-acquired infections. The company is headquartered in Brooklyn, NY, with scientific operations based in Langlade, France. Additional information on the company can be found at www.azurrx.com About Laboratoires Mayoly Spindler, SASMayoly Spindler is a French, independent, family-owned pharmaceutical company, active in research, development, manufacturing, registration and marketing of pharmaceuticals and dermo-cosmetics in more than 70 countries. The company aims to become a global reference in gastroenterology and dermocosmetics. Mayoly Spindler is headquartered in the Paris area, France, and employs 750 people worldwide.Company website address: www.mayoly-spindler.com About Endocrine Pancreatic Insufficiency:Exocrine Pancreatic Insufficiency (EPI) is a condition characterized by deficiency of the exocrine pancreatic enzymes, resulting in the inability to digest food properly, or maldigestion. The deficiency in this enzyme can be responsible of greasy diarrhea, fecal urge and weight loss. About MS1819MS1819-SD, supplied as an oral non-systemic biologic capsule, is a recombinant enzyme that is derived from the yarrowia lipolytica lipase, and unlike the standard of care, does not contain any animal products. In an animal model, the in-vivo activity of MS1819 was similar to the activity seen in-vivo using the standard of care porcine pancreatic extracts. A previous study has found that MS1819 was well tolerated in humans with no serious adverse events. Information about the trial can be found on the following website: http://www.anzctr.org.au/TrialSearch.aspx?searchTxt=ms1819&isBasic=True Forward-Looking Statements:This press release contains forward-looking statements within the meaning of the Private Securities Litigations Reform Act of 1995. Such statements include, but are not limited to, any statements relating to our product development programs and any other statements that are not historical facts. Such statements involve risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from management's current expectations include those risks and uncertainties relating to the regulatory approval process, the development, testing, production and marketing of our drug candidates, patent and intellectual property matters and strategic agreements and relationships. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.
For more Information:AzurRx BioPharma, Inc. 760 Parkside Avenue, Suite 217, Brooklyn, NY 11226Phone: 646.699.7855http://email@example.comFor more Information:Laboratories Mayoly Spindler, 6 Avenue de l'Europe - B.P. 51 - 78401 CHATOU Cedex - FrancePhone: +33(0)1 34 80 57 00Fax: + 33(0)1 34 80 41 11http://firstname.lastname@example.org