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3D-printed Rx maker gets $35 million investor

BY David Salazar

LANGHORNE, Pa. — Aprecia Pharmaceuticals, the company whose 3D-printed anti-epileptic drug Spritam was approved by the Food and Drug Administration in August, announced Thursday that it had received $35 million in funding led by Deerfield Management. 
 
As part of the financing, the company’s outstanding convertible debt was converted into preferred stock, and upon the close of financing, Deerfield partner Jonathan Leff had joined the company’s board of directors. The money is aimed at commercializing Spritam and the development of future 3D-printed drugs that use its ZipDose platform. 
 
“The capital supplied by these prestigious firms, in conjunction with inVentiv Health's continuous commitment to commercialization of Aprecia products, provides the resources required for success as we prepare to transition to a commercial enterprise during the next three to six months,” Aprecia CEO Don Wetherhold said.

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The key reasons why some people focus on grooming

BY Gina Acosta

A new survey reveals some interesting data about the personal grooming habits of men and women, with implications for the retail industry.

Findings released by GfK from a 22-country survey show that women spend an average of almost five hours a week on personal grooming (bathing, shaving, dressing, hair, make-up), while men spend just over three hours. 

The most popular motivation for grooming, cited by 60% of the 27,000 people surveyed as a major reason for trying to look their best, is to feel good about themselves. This was followed by making a good impression on people they meet for the first time (44%) and setting a good example for their children (40%).

Men and women mirror each other in seeing these as the top three reasons for wanting to look good. But the number one reason – feeling good about themselves – resonates more strongly with women than men (67%, versus 52%), while making a good first impression and setting a good example for their children are cited by almost the same percentage of men as women.

All age groups agree that feeling good about themselves is the leading major motivation for trying to their best. Unsurprisingly, for those aged under 30, making a good impression on people they meet for the first time, and making a good impression on people of the opposite sex or those they find attractive rank 2nd and 3rd as the major reasons for looking their best. For those aged 30 and above, setting a good example for their children is consistent across all age groups as the 2nd most commonly cited motivation. And when it comes to those aged 50 and over, pleasing their spouse or partner makes an appearance as their 3rd most popular major reason.

When it comes to time spent on personal grooming (bathing, shaving, dressing, hair, make-up), Italians are in the lead, spending just over five and a half hours per week on average. They are followed by Argentinians and Americans, who are equal with an average time of just over five and a quarter hours per week. At the other end of the scale, Chinese spend less than three hours per week on average, followed by South Koreans with just over three and a quarter hours and Japanese just over three and a half.

For more data from the GfK study, click here.

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FDA approves Takeda’s Dexilant SoluTab

BY DSN STAFF

SILVER SPRING, Md. — The Food and Drug Administration on Wednesday approved Takeda Pharmaceuticals’ Dexilant SoluTab (dexlansoprazole) delayed release tablets. The tablets, indicated to treat heartburn that’s associated with non-erosive gastroesophageal reflux disease (GERD) and maintain healed erosive esophagitis, are meant to melt in a patient’s mouth. 
 
The drug will be available in 30-mg delayed release disintegrating tablets, as well as 30- and 60-mg delayed release capsules. The capsules are indicated for the same illness as the dissolving tabs, as well as healing all grades of erosive esophagitis for up to 8 weeks. 

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