Gensco Laboratories LLC d/b/a Gensco Pharma, a leader in specialty pharmaceuticals, proudly announces the acquisition of the global rights and intellectual property for the first and only rizatriptan Oral Dissolvable Film (ODF), which was co-developed under the trade names RizaFilm in the U.S. and both RizaFilm and RizaPort globally.
With this acquisition, Gensco Pharma is advancing its strategic initiatives by bringing innovative migraine treatment solutions to patients worldwide. RizaFilm is currently approved by the United States Food and Drug Administration (FDA) and European Medicines Agency (EMA) for the treatment of migraine and associated nausea, photophobia and phonophobia. The EMA approval is from age 6 and upwards with the FDA approval from age 6-11 planned at launch.
With the FDA and EMA approvals already secured, the Company is ramping up manufacturing and actively preparing for a U.S. launch of RizaFilm in Q4 2025. Concurrently, Gensco is working with existing and new licensing partners to expand market availability for RizaFilm and RizaPort internationally including China, India, the Middle East and the Americas.
Gensco is strategically positioned to tap into the multi-billion-dollar migraine treatment market. The novel ODF technology of RizaFilm offers rapid administration not requiring water in a category dominated by tablets. This addresses unmet patient needs for convenience, portability, and faster relief. With global licensing discussions underway and a global supply chain, Gensco anticipates strong adoption by both patients and prescribers. Gensco's pricing strategy ensures RizaFilm will be affordable globally and makes treatment accessible to patients worldwide.
"We are excited to bring RizaFilm to market under Gensco's leadership to deliver a consistent, high-quality and convenient treatment for patients in need," said Paul Zimmerman, MD, CEO of Gensco. "This acquisition solidifies our commitment to providing innovative solutions for migraine sufferers, and positions Gensco as a key player in the migraine treatment space."
About RizaFilm and RizaPort:
RizaFilm and RizaPort utilize Gensco's proprietary oral dissolving film formulation of rizatriptan benzoate, designed for the acute treatment of migraines. This novel formulation offers an alternative to traditional tablets by eliminating the need for water, allowing for easier access, portability, administration, and faster relief. RizaFilm is particularly beneficial for patients experiencing migraine-associated nausea, photophobia, and phonophobia. The global migraine drugs market was valued at nearly $5.65 billion in 2023, and is projected to reach nearly $11 billion by 2030, with a compound annual growth rate of 15.6%.
According to the American Migraine Foundation, approximately 42 million Americans suffer from migraines, making it the second leading cause of disability nationwide. According to an article published by the World Health Organization in March 2024, approximately 40% of the global population, equating to around 3.1 billion individuals, were affected by migraine and other headache disorders in 2021.
For more information, please visit https://genscopharma.com.
