Stratos Product Development Provides Design Expertise on AcelRx Pharmaceuticals' Advanced Drug Delivery System for Acute Pain Management
MarketwirePress Release: Stratos Product Development – Wed, Nov 30, 2011 1:00 PM EST
SEATTLE, WA--(Marketwire -11/30/11)- Stratos Product Development LLC today announced its President, Sean MacLeod, and AcelRx Pharmaceuticals, Inc. (NASDAQ: ACRX - News) Chief Executive Officer, Richard King, will present at the BIOMEDevice conference in San Jose on Stratos' continued collaboration with AcelRx to support software and electrical design of AcelRx's lead product candidate, ARX-01.
ARX-01 is an advanced drug delivery system for patient controlled analgesia (PCA) and is expected to enter Phase 3 clinical trials in late 2011 or early 2012. Stratos' services on the ARX-01 project included embedded software design, electrical engineering, human factors support, project management and quality engineering with Stratos ISO 13485 compliant design controls. The presentation -- Innovation on Demand: When Customer Insight Meets Technical Creativity -- will take place on December 6, 2011 at 12:00 p.m. at the San Jose McEnery Convention Center.
AcelRx's ARX-01 sublingual PCA system was developed to address challenges in managing post-operative pain and is a non-invasive, sublingual alternative to intravenous patient-controlled analgesia (IV PCA). Acute pain management in the hospital, in particular post-operative analgesia, remains a challenge for healthcare providers. There are many deficiencies associated with the current use of IV PCA that can negatively impact patient safety, well-being and recovery.
"Stratos has been a true extension of the AcelRx internal engineering team in the development of ARX-01. Their expertise in software and electrical design has complemented AcelRx' mechanical engineering capabilities to produce a dispensing system that meets the needs of patients, healthcare providers and payers alike," Richard King, President and CEO of AcelRx, said.
"Working with AcelRx presented an ideal opportunity for Stratos to be a successful innovation partner," Sean MacLeod, President, Stratos Product Development, said. "Stratos' consultative approach, multi-discipline understanding of product development and the complementary cultures of the two companies allowed us to provide optimal ideas and solutions. We look forward to seeing the final product in the marketplace."