Hyphens Pharma inks research collaboration agreement with the Institute of Chemical and Engineering Sciences
Singapore, 17 December 2019 – Hyphens Pharma Pte Ltd (“Hyphens Pharma”), a wholly-owned subsidiary company of Hyphens Pharma International Limited (“凯帆药剂国际有限公司” ), Singapore’s leading specialty pharmaceutical and consumer healthcare group, has entered into a Research Collaboration Agreement (“RCA”) with A*STAR’s Institute of Chemical and Engineering Sciences (“ICES”) to research and develop a new formulation for hand cream application.
The new formulation for hand cream application will be built on the foundation of Hyphens Pharma’s latest product, Ceradan® Advanced, a patent‐pending emollient with a skin pH buffering system built‐in to maintain skin barrier integrity for longer periods of time.
Ms Ng Sue Phay, Senior Manager, Product Development of Hyphens Pharma commented: “We are pleased to extend the platform technology used in Ceradan® Advanced to formulate a new hand cream which caters specifically to patients with hand eczema. Such R&D will in part help to add value to our Ceradan® products in the medical and consumer market.”
Hand eczema, also known as hand dermatitis, is a common condition that affects about 10% of the general population and is usually triggered by both genetics and contact allergens, as well as substances that will cause irritation. Affected patients includes personnel working in industries such as cleaning, catering, hairdressing, healthcare and mechanical, where they may come into contact with chemicals and other irritants.1
About Hyphens Pharma International Limited
Hyphens Pharma International Limited and its subsidiaries (the “Group“) is Singapore’s leading specialty pharmaceutical and consumer healthcare group leveraging on its diverse footprint in ASEAN countries. The Group has a direct presence in Singapore, Vietnam, Malaysia, Indonesia and the Philippines, and is supplemented by a marketing and distribution network covering six additional jurisdictions, namely, Hong Kong, Myanmar, Brunei, Cambodia, Oman and Bangladesh.
Singapore is the Group’s regional headquarters, where its strategic planning, finance, regulatory affairs, research and development, legal, business development and logistics operations are based. The Group’s core business comprises the following segments: Specialty Pharma Principals, Proprietary Brands, and Medical Hypermart and Digital. Besides marketing and selling a range of specialty pharmaceutical products in selected ASEAN countries through exclusive distributorship or licensing and supply agreements with brand principals mainly from Europe and the United States, the Group also develops, markets and sells its own proprietary range of dermatological products and health supplement products. In addition, the Group operates a medical hypermart for healthcare professionals, healthcare institutions and retail pharmacies, to supply pharmaceutical products and medical supplies.
For more information, please visit https://www.hyphensgroup.com
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The contact persons for the Sponsor are Ms Heng Mui Mui, Managing Director, and Mr Kelvin Wong, Vice President, who can be contacted at 12 Marina Boulevard, Level 46, Marina Bay Financial Centre Tower 3, Singapore 018982, Telephone: +65 6878 8888.