Cuprina Holdings (CUPR) said Monday its subsidiary Cuprina Pte Ltd. has obtained 510(k) clearance from the US Food and Drug Administration for its Medifly Maggots product that uses Lucilia cuprina larvae in maggot debridement therapy.
The prescription product was approved for the debridement of non-healing necrotic skin and soft tissue wounds like pressure ulcers, neuropathic foot ulcers, and other wounds, the company said.
Cuprina said it now holds commercial rights to both maggot species used in maggot debridement therapy, including Lucilia sericata licensed from its Medical and Scientific Director Ronald Sherman.
Cuprina shares were up more than 150% in premarket activity Monday.
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