Jupiter, Florida –August 20, 2015 – Charleston Laboratories, Inc., an emerging specialty pharmaceutical company focused on the research and development of novel pain products, announced completion of their second Phase 3 clinical study on CL-108, a novel bi-layered tablet containing 7.5 mg of hydrocodone and 325 mg of acetaminophen with 12.5 mg of immediate-release promethazine.
In this recently completed study physicians in multiple clinical settings in the US diagnosed patients with flares of osteoarthritis of the knee or hip and monitored their course when they used CL-108. “Charleston Laboratories, Inc. is announcing the completion of this Phase 3 open-label safety study because it represents real-life results with clinical relevance for practitioners who care for patients suffering flares of osteoarthritis,” said Mr. Paul Bosse, Charleston Laboratories’ President and Chief Executive Officer. “Charleston Laboratories takes pride in developing medicines like CL-108 that can have a real impact for patients.”
Charleston Laboratories also announced that Dr. Raymond Dionne, Research Professor at the East Carolina University Brody School of Medicine, has been appointed to its Scientific Advisory Board.
Prior to his current professorship, Dr. Dionne was a career Scientist at the National Institutes of Health (NIH), one of the premier research institutions in the world.
“It is an honor to have Dr. Dionne on our Scientific Advisory Board,” said Dr. Bernard Schachtel, Chief Scientific Officer at Charleston Laboratories. “He is one of the true scientists in the study of pain and its treatment. He brings a wealth of experience and insight to Charleston Laboratories’ different analgesic research programs.”
“As presented at the Annual Meetings of the American Pain Society,” Dr. Dionne said, “the results of Charleston’s first Phase 3 trial on CL-108 were impressive, demonstrating significant pain relief and reduction of opioid-induced nausea and vomiting. I look forward to working with Dr. Schachtel and the research staff at Charleston Laboratories on CL-108 and the other analgesic products they are developing.”
About Charleston Laboratories, Inc.
Charleston Laboratories, Inc. is a privately held, specialty pharmaceutical company focused on the research and development of novel pain products to significantly reduce the burdensome side effects related to opioid analgesics and other products. The Company has a strategic collaboration for the development and U.S. commercialization of Charleston Laboratories’ novel hydrocodone combination products, including CL-108, which is being studied for the treatment of moderate to severe pain and prevention of Opioid-Induced Nausea and Vomiting (OINV).
Charleston’s product pipeline currently seeks to address unmet medical needs in treating Opioid-Induced Nausea and Vomiting (OINV), Postoperative Nausea and Vomiting (PONV), Chemotherapy-Induced Nausea and Vomiting (CINV), Radiation-Induced Nausea and Vomiting (RINV), and Migraine-Induced Nausea and Vomiting (MINV). Charleston Laboratories intends to enter into other discovery and commercialization alliances with partners motivated to introduce novel pain therapies that reduce the burdensome side effects related to opioid analgesics and other products. For more information, please visit www.charlestonlabs.com.
Charleston Laboratories, Inc.