Press release: Uppsala, December 6, 2021. The pharmaceutical company Dicot announces that the results of Dicot's drug candidate will be presented at the European Society for Sexual Medicine's (ESSM) annual congress in Rotterdam in February 2022.
ESSM is the leading scientific society for sexual medicine and the annual congress in February brings together prominent researchers and doctors from around the world. Dicot and Pelvipharm have sent in an abstract with results from animal studies demonstrating the long-term effect of LIB-01.
Dicot now announces that ESSM's Scientific Council, after reviewing all abstracts submitted to the congress, selected Dicot's abstract to be presented orally at the annual congress.
As previously reported, Dicot is collaborating with the French contract laboratory Pelvipharm, world leading in the field of sexual dysfunctions. Studies with Dicot's drug candidate LIB-01 have, as previously reported, demonstrated effect on erectile function, tested in both healthy rats and in animals with a disease picture.
"Being selected to present our results from studies with LIB-01 at the ESSM's annual congress confirms how important and remarkable these results are in this scientific field. By presenting at ESSM our results will reach out to an international audience and thereby increase interest in LIB-01", says Göran Beijer, CEO of Dicot.
For more information, please contact:
Göran Beijer CEO
Phone: +46 706 63 60 09
About Dicot AB
Dicot is developing the drug candidate LIB-01, which will be a potency agent to better treat erectile dysfunction and premature ejaculation. The ambition is to create a drug with significantly longer effect and far fewer side effects, compared to those on the market. Today, at least 500 million men suffer from these sexual dysfunctions and the market is valued at SEK 50 billion. Research and development are conducted under own auspices up to phase 2 studies. Thereafter, Dicot's intention is to form strategic alliances, or alternatively carry out a trade sale, with larger, established pharmaceutical companies to be able to introduce LIB-01 on the world market.
Dicot is listed on Spotlight Stock Market and has approximately 2,250 shareholders. For more information, please visit www.dicot.se.