Pharmbio Korea announced its intention Monday to enter the Mongol’s colonoscopy market with Picolight, the company’s powdered colonoscopy preparation solution.
Picolight is an FDA-approved drug that is easier to use than other drugs as it has a lower dosage. Many hospitals in Korea are now using the company’s solution.
“Picolight is a painless colonoscopic laxative that is expected to help colonoscopy in Mongolian people who have a very high incidence of colorectal cancer,” a company official said.
The company has also developed Picosolution, the world’s first ready-to-drink (RTD) colonoscopy preparation solution. The drug is an improvement of Ferring Pharmaceutical’s Prepopik, a powdered colonoscopy preparation solution. The treatment rectified the inconvenience of existing powdered colonoscopy preparation that required a patient to drink copious amounts of water.
Pharmbio Korea exported the stable liquid formulation used in Picosolution back to Ferring Pharmaceuticals for 42.5 billion won ($39.1 million) in 2016. Ferring launched the product as Clenpiq in the global market earlier this year.