Standard & Poor's Initiates Factual Stock Report Coverage on BioSante Pharmaceuticals, Inc.
NEW YORK--(BUSINESS WIRE)--Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on BioSante Pharmaceuticals, Inc.
BioSante Pharmaceuticals, Inc. (AMEX:BPA) is a development stage biopharmaceutical company that is developing a pipeline of hormone therapy products to treat men and women. It is also developing its proprietary calcium phosphate nanotechnology, or CaP, primarily for vaccine adjuvants or immune system boosters and drug delivery systems.
The company's hormone therapy products address a variety of hormone therapies for symptoms that affect both men and women. Symptoms addressed by these therapies include impotence, lack of sex drive, muscle weakness and osteoporosis in men and menopausal symptoms in women including hot flashes, vaginal atrophy, decreased libido and osteoporosis. The products are gel formulations of testosterone, estradiol, a combination of estradiol and testosterone and a combination of estradiol and progestogen. Two exciting near term products in development by BioSante include LibiGel® for the treatment of female sexual dysfunction (entering Phase III) and Bio-E-Gel® for the treatment of hot flashes in women, which has completed clinical development and regarding which an NDA has been submitted to FDA in February 2006.
These gel products are designed to be quickly absorbed through the skin after application on an upper arm, delivering the hormone to the bloodstream evenly in a fast drying, non-invasive, painless manner. The gels are formulated to be applied once per day and to be absorbed into the skin without a trace of residue.
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