Erectile dysfunction treatment approved for commercialization in Saudi Arabia
Labatec Pharma, distribution partner of Futura Medical, will exclusively release and commercialize MED3000, Futura’s topical, gel-based ED treatment.
The product will be launched under the brand name Eroxon and supported by a full marketing campaign, with initial launch planned in Q4 2023.
Labatec will also hold a launch symposium showcasing Eroxon at the 20th Urological Association of Asia Congress 2023, which is being held from 28 September to 1 October in conjunction with the 12th Emirates International Urological conference in Dubai, United Arab Emirates.
Futura is establishing a growing network of licencing and distribution partners and continues to strengthen its position, with regulatory approval having now been granted in six Middle Eastern countries, including the Kingdom of Saudi Arabia and the United Arab Emirates.
Regulatory approval in the Kingdom of Saudi Arabia closely follows Futura’s recent European and UK launch of Eroxon and the FDA’s approval of MED3000 in the USA as the first clinically proven gel for the treatment of ED available without a doctor’s prescription.
James Barder, CEO of Futura, said: “Regulatory approval in the Kingdom of Saudi Arabia paves the way for Eroxon to improve the lives of ED patients in this key market. Eroxon is a game changer in the ED space with its rapid speed of onset helping men get an erection within 10 minutes. This approval comes at a pivotal time for the Company, as we continue to grow and expand the availability of MED3000 globally by building out our licensing and distribution network.”
