Stevanato Group Will Introduce Its Large-Volume Vertiva® 10mL On-Body Delivery System Platform for Injectable Therapies at CPHI Milan
01 Oktober 2024 - 12:30PM
Business Wire
The platform provides a versatile pre-filled and pre-loaded
on-body solution, suitable for highly viscous biological
drugs
Stevanato Group S.p.A. (NYSE: STVN), a leading global provider
of drug containment and delivery solutions to the pharmaceutical,
biotechnology and life sciences industries, announced today the
expansion of its Vertiva® platform, which will include a 10mL
option to be presented at CPHI Milan in October. The Vertiva®
easy-to-use platform can be pre-programmed to accommodate different
motor driven dosing profiles, from micro-precision basal delivery
to full-content bolus injections. This flexibility makes the
platform ideal for administering a wide range of small molecule and
biologic therapies, enabling treatment for conditions such as
cardiovascular and metabolic disorders, oncology, immunology, and
pain management.
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An image of a person wearing the
large-volume (10mL) version of Stevanato Group's Vertiva® on-body
delivery system. (Photo: Business Wire)
The Vertiva® platform features a unique design with a single-use
pod containing a pre-filled, pre-loaded cartridge, paired with a
reusable, smart controller that communicates with a patented and
magnetically coupled drive mechanism. The pod, securely interlocked
with the controller, contains a pre-filled glass cartridge
available in formats ranging from 3mL up to 10mL and is assembled
at the factory for immediate use. This simplifies home-based
treatment initiation, offering patients a safe and comfortable
experience. A recent wearability study underscored this sentiment
and revealed that Vertiva® 10mL is generally well-accepted by
patients who found it comfortable to wear. The device proved to
securely adhere to the body without restricting movement, allowing
patients to go about their daily activities easily.
The smart controller provides the option to record patient usage
data, which can be transferred via Bluetooth to digital health
applications. Additionally, the two-part system allows for easy
separation of the reusable controller from the disposable pod after
treatment, significantly reducing the environmental impact of
electronic components and enhancing the device's overall
sustainability.
“We are excited to announce that the Vertiva® platform
represents a significant breakthrough for the biopharma industry,”
said Michele Monico, Vice President, Business Line DDS at Stevanato
Group. “By combining sustainable and modular design with versatile
delivery capabilities, the move to larger volume capacity extends
treatment options for a wider range of therapies, enabling
biopharma companies to faster and lower cost stability and clinical
evaluations. This advancement will redefine how we approach patient
at-home and on-body treatment, paving the way for more adaptable
and patient-centered solutions.”
Stevanato Group will leverage its integrated capabilities and
its existing partnership with Thermo Fisher Scientific to bring
Vertiva® 10mL to market. Along with the proprietary device
platform, Stevanato Group will offer its pre-sterilized EZ-fill®
cartridges as drug containment solutions and assembly equipment,
while Thermo Fisher will provide fill-and-finish and final assembly
services. The unparalleled combination of capabilities from two
established industry providers will support pharma companies from
drug development through to the final packaged product, reducing
risks and accelerating time-to-market.
Demonstrations of Vertiva® 10mL will be available at CPHI in
Milan (Oct 8-10) at Stevanato Group’s booth, 20C1. To learn more
about Vertiva® visit stevanatogroup.com.
Forward-Looking Statements
This press release may include forward-looking statements. The
words "will", “can”, "accelerating", and similar expressions (or
their negative) identify certain of these forward-looking
statements. These forward-looking statements are statements
regarding the Company's intentions, beliefs or current expectations
concerning, among other things, the investments the Company expects
to receive, the expansion of manufacturing capacity, the Company’s
plans regarding its presence in the U.S. market or other markets,
business strategies, the Company’s capacity to meet future market
demands and support preparedness for future public health
emergencies, and results of operations. The forward-looking
statements in this press release are based on numerous assumptions
regarding the Company’s present and future business strategies and
the environment in which the Company will operate in the future.
Forward-looking statements involve inherent known and unknown
risks, uncertainties and contingencies because they relate to
events and depend on circumstances that may or may not occur in the
future and may cause the actual results, performance or
achievements of the Company to be materially different from those
expressed or implied by such forward looking statements. Many of
these risks and uncertainties relate to factors that are beyond the
Company's ability to control or estimate precisely, such as future
market conditions, currency fluctuations, the behavior of other
market participants, the actions of regulators and other factors
such as the Company's ability to continue to obtain financing to
meet its liquidity needs, changes in the political, social and
regulatory framework in which the Company operates or in economic
or technological trends or conditions. In particular, the Company
may determine not to conduct a registered initial public offering
in the time frame that it currently expects or at all, due to a
number of potential important factors, including conditions in the
U.S. capital markets, negative global economic conditions,
potential negative developments in the Company’s business, or
unfavorable or regulatory developments. Readers should therefore
not place undue reliance on these statements, particularly not in
connection with any contract or investment decision. Except as
required by law, the company assumes no obligation to update any
such forward-looking statements.
About Stevanato Group
Founded in 1949, Stevanato Group is a leading global provider of
drug containment, drug delivery and diagnostic solutions to the
pharmaceutical, biotechnology and life sciences industries. The
Group delivers an integrated, end-to-end portfolio of products,
processes and services that address customer needs across the
entire drug life cycle at each of the development, clinical and
commercial stages. Stevanato Group’s core capabilities in
scientific research and development, its commitment to technical
innovation and its engineering excellence are central to its
ability to offer value added solutions to clients. To learn more,
visit: www.stevanatogroup.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241001934022/en/
Media Stevanato Group Stevanato Group: media@stevanatogroup.com
Cassie Gonzalez: stevanatoUS@teamlewis.com Investor Relations
Stevanato Group Lisa Miles: lisa.miles@stevanatogroup.com
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