Tris Pharma and KYE Pharmaceuticals Inc. have entered into an agreement granting KYE exclusive rights to commercialize Tris' FDA-approved ADHD product portfolio in Canada. Under the agreement, KYE will also handle all ongoing Canadian regulatory activities for the products.
"Partnering with Tris to bring this unique ADHD product portfolio to Canada is a defining opportunity," said Doug Reynolds, President of KYE. "Tris' products have the potential to address a void that has long existed in the treatment of ADHD. In addition to the unique clinical profile of each of the Tris products, many young patients routinely struggle with swallowing pills and/or finding the optimal dose. Tris' long acting once-daily liquids of both methylphenidate and amphetamine position KYE to change the standard of care by alleviating the challenges associated with young children being forced to swallow large tablets, providing dosing consistency not possible when caregivers are forced to open and sprinkle capsules, and allowing for improved dosing customization."
"Though we've often been approached to make our ADHD portfolio available outside the United States, this agreement is the first time we will seek to do so and therefore represents an important milestone for Tris as a company," said Ketan Mehta, Tris' Founder and CEO. "Given the KYE leadership team's proven track record of successful commercialization in Canada, we believe they are an excellent partner to drive commercial value and get our products into the hands of Canadian patients."