OXNARD, Calif., July 05, 2017 (GLOBE NEWSWIRE) -- CURE Pharmaceutical (OTCQB:CURR), (“CURE”), a leading disruptive drug delivery technology and pharmaceutical cannabinoid molecule development company, today announced that it expects increased demand for its novel transdermal drug delivery platform that utilizes an epidermis penetration enhancer for increased functionality of its delivery matrix. A recent research report by Research and Markets predicts the Global Transdermal Drug Delivery Market to grow at a CAGR of around 11.6% over the next decade to reach approximately $95.57 billion by 2025.
CURE’s innovative transdermal drug delivery platform, formulated to deliver a therapeutically effective amount of drug across a patient’s skin, utilizes an epidermis penetration enhancer called a vasodilator that is used to open the pores sufficiently to enable the passive transport of active ingredients, combined with carrier solvents across the epidermis layer of the skin and into the dermis and subdermal tissue.
“Transdermal drug delivery is one of our proprietary drug delivery technologies that helps us support our mission to improve people’s lives by redefining how medicines and health products are delivered and experienced,” said CEO of CURE Rob Davidson. “We expect to experience increased demand for our transdermal products as consumers and the healthcare industry increasingly turn to drug delivery methods that result in improved drug delivery and medication compliance.”
CURE recently partnered with a third party contract research organization to conduct a transdermal absorption study with a battery of eight dissimilar drug molecules. The skin used was viable human skin taken within hours of a tummy-tuck excision. Results showed that all eight molecules permeated all seven layers of the skin with a varying efficiency, validating the strength and potential of the technology and speed, variability, duration and functionality of the delivery matrix.
In addition, CURE is researching and developing proprietary formulas of different cannabinoids and terpene profiles integrated into its advanced oral thin film, CureFilm™ and transdermal applications leveraging its proprietary polymer and encapsulation technology. The Company is focusing on integrating its proprietary delivery systems to provide solutions to conditions like pain, neuropathy, cancer (including pediatric cancer), PTSD and other psychiatric disorders, autoimmune diseases, Parkinson’s disease and sleep disorders.
About CURE Pharmaceutical Headquartered in Oxnard, California, CURE Pharmaceutical (OTC:CURE) is a fully integrated specialty pharmaceutical/bioscience company that leverages disruptive proprietary drug delivery technologies for a broad range of molecules serving the biopharmaceutical, veterinarian, medical foods and pharmaceutical cannabis markets. CURE develops its patented and proprietary delivery system (CureFilm™), the most advanced oral thin film on the market today, from its industry leading full service cGMP manufacturing facility. The Company’s mission is to deliver proven drugs in a fast and efficient manner and to improve quality of life.
For more information about CURE Pharmaceutical, please visit its website at www.curepharmaceutical.com .
Forward-looking statements This press release contains forward-looking statements, which are subject to risks and uncertainties. All statements, other than statements of fact, including those statements with respect to the Company's business development, are forward-looking statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements.
Public Relations Contact Andrew Hard Chief Executive Officer CMW Media andrew.hard@cmwmedia.com P. +1888 829-0070 www.cmwmedia.com Investor Relations Contact Shiwei Yin, Grayling Shiwei.Yin@grayling.com P. +1646 284-9474 Lucia Domville, Grayling lucia.domville@grayling.com P. +1646 284-9416
