Market News
Recent Developments
New product launches
- On October 2023, Nysh.in, a pharmaceutical company, announced the launch of cramp care pain relief patch under the BluHeat category, a company business segment. This product provides the comfort and relief available for cramping menstruation. This ground-breaking invention uses heat treatment to provide a safe and all-natural means of pain alleviation.
- In February 2023, Hisamitsu Pharmaceutical Co., Ltd. a pharmaceutical company, announced the launch of a Salonpas Pain Relieving FLEX Patch Lidocaine 4% featuring thin, flexible, and highly adhesive patch technology.
- In February 2022, NexGel, Inc. a healthcare company, announced the launch of its MEDAGEL Bug Bite Relief Patch. These cooling patches, made in the U.S. using NEXGEL's soothing hydrogel technology, provide instant relief to irritated skin caused by insect bites.
- In August 2021, Hisamitsu Pharmaceutical Co., Inc. a pharmaceutical company, announced that it had obtained approval of the additional indications of cancer pain relief for pediatric patients for FENTOS Tapes, transdermal, pain management patch in Japan.
- In October 2020, Vizuri Health Sciences Consumer Healthcare Inc., a pharmaceutical company, announced the launch of patch to relieve pain “PainBloc24 Flexi-Stretch Pain Tape”. PainBloc24 Flexi-Stretch Pain Tape combines a potent anesthetic that helps numb pain with an inventive 4-way stretch patch that is modeled after the lightweight, flexible fabric used in kinesiology tape.
Acquisition and partnerships
- In January 2021, Endo International plc. a pharmaceutical company, announced that its has entered into definitive agreements with Radius Health, Inc. a biotechnology company, to register, commercialize and distribute abaloparatide thermal patch on an exclusive basis in Canada.