VOYAGEUR PHARMACEUTICALS LTD. (via TheNewswire)
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The distributor will assume the costs and responsibility for product regulatory approvals and commercialization in the territory, allowing Voyageur to introduce SmoothX in
Due to the highly competitive landscape of a monopolised barium contrast industry, additional contract details are confidential. The estimated contract value has been determined based on management's expectations with respect to sales volumes during the term of the contract.
Voyageur has four additional products at late stages of development:
Vision HD® 98%:high-density (98% w/w) barium sulfate powder for upper GI double-contrast radiographic examinations.
Vision LD® 96%:versatile high-density (57% w/w to 156% w/w) barium sulfate powder for single contrast radiographic examinations of the upper and lower GI tract.
Smooth HD® 105%:high-density (105% w/v, 58% w/w) barium sulfate suspensionfor upper GI esophagogram and double contrast studies
Smooth LD® 60%:low-density (60% w/v) barium sulfate suspension solution for single contrast radiographic examinations of the esophagus, stomach, and small bowel.
Voyageur remains steadfast in its commitment to providing solutions to the medical imaging market. With the impending completion of the development of these products, the Company is poised to offera comprehensive suite of diagnostic solutions to meet the diverse needs of healthcare professionals worldwide.
Starting with its barium contrast media product line, Voyageur’s strategy is to systematically introduce a comprehensive suite of imaging products, set to diversify the medical imaging landscape in the Canadian and international markets. Additionally, to facilitate the introduction of its innovative products, the company plans to expand into the U.S. market, leveraging the success and regulatory approvals in other countries.
For further details on Voyageur's innovative product offerings and to secure pre-market orders, please visit our official website athttps://voyageurpharmaceuticals.ca.
About
Voyageur, a Canadian public company trading under the symbol VM on the TSXV, is in development of barium and iodine Active Pharmaceutical Ingredients (API) and offers high-performance, cost-effective imaging contrast agents. With a strategic focus on vertically integrating the barium and iodine contrast market, Voyageur aims to become a key player by producing its own barium, iodine, and fullerene minerals.
Voyageur's business plan is set to generate cash flow by partnering with established third-party GMP pharmaceutical manufacturers in
Voyageur is committed to sustainability and environmental stewardship. Voyageur envisions a future where carbon neutrality is the norm, and to achieve this, it is building state-of-the-art carbon-neutral infrastructure utilising the
At the core of its operations, Voyageur owns a 100% interest in the
Voyageur's ambitious vision is to become the first vertically integrated, carbon-neutral company in the radiology contrast media drug market. By controlling all primary input costs, from the sourcing of raw materials to the final production, Voyageur ensures quality and cost efficiency. With its approach, it embodies the motto of "From the Earth to the Bottle," highlighting Voyageur's commitment to responsible sourcing and manufacturing practices.
For Further Information:
Albert | |
Brent@vpharma.ca, 403-923-5944 | Albert@vpharma.ca |
info@vpharma.ca | https://voyageurpharmaceuticals.ca |
Neither the
Cautionary Statement Regarding “Forward-Looking” Information
This news release may contain certain forward-looking information and statements, including without limitation, statements pertaining to: the realizable value to Voyageur from the sales contract; the expectation that Voyageur will obtain drug license approvals; market acceptance and sales for the suite of five new licensed products and SmoothX; the successful completion of the clinical testing for the remaining four products; the Rain Cage EDENTM technology being carbon neutral; and availability of financing. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the Company's disclosure documents on the SEDAR+ website at www.sedarplus.ca. Voyageur does not undertake to update any forward-looking information except in accordance with applicable securities laws.
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