MONTREAL, April 19, 2018 /CNW/ -- Paladin Labs Inc., a subsidiary of Endo International plc (NASDAQ: ENDP), announced today the launch of Unisom® Snore Relief, a new snore relief product from the makers of Unisom®, the trusted and established sleeping aid brand in Canada.
New Unisom® Snore Relief is an OTC (over-the-counter) branded throat spray available in Canada which is indicated to help relieve symptoms associated with snoring.
Snoring is a common condition that affects 2/3 of Canadian adults1. It occurs when the air flowing through the passages at the back of the mouth and nose is constricted. This happens during sleep because the throat muscles, soft palate and uvula are relaxed. The narrower the airway, the faster the air flows, and the more these tissues vibrate. It's these vibrations along the airway that cause the snoring noise2.
"We are pleased to announce the launch of Unisom® Snore Relief in Canada," said Livio Di Francesco, VP & General Manager of Paladin Labs Inc. "This new throat spray can help Canadians relieve their symptoms of snoring in an easy to use format. Unisom® Snore Relief expands our Unisom® product line."
Paladin obtained the exclusive rights to market and sell Unisom® Snore Relief in Canada from PuraNox Trading BV, Oosterhout, Netherlands in May 2017.
About Unisom® Snore Relief
Unisom® Snore Relief is a natural health product (NHP) specifically indicated to help relieve symptoms associated with snoring. This product may not be right for all patients. Always read and follow the label.
Unisom® is an effective and trusted sleep aid for occasional insomnia; it helps to reduce difficulty falling asleep. The brand has been on the Canadian market for over 35 years. The makers of Unisom® offer products including Unisom Extra-Strength Tablets and Soft Gel Capsules.
For more information, please visit www.unisom.ca.
Unisom® Snore Relief suggested retail price: $24.99 – $29.99 (45 mL Aerosol).
Available on pharmacy shelves.
About Paladin Labs Inc.
Paladin Labs Inc., headquartered in Montreal, Canada, is a specialty pharmaceutical company focused on acquiring or in-licensing innovative pharmaceutical products for the Canadian market. Paladin has a focused marketing and sales organization that has helped it evolve into one of Canada's leading specialty pharmaceutical companies. Paladin is an operating company of Endo International plc (NASDAQ: ENDP), a highly focused generics and specialty branded pharmaceutical company delivering quality medicines to patients in need through excellence in development, manufacturing and commercialization. Learn more at www.endo.com or www.paladin-labs.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities legislation. Statements including words such as "believes," "expects," "anticipates," "intends," "estimates," "plan," "will," "may," "look forward," "intend," "guidance," "future" or similar expressions are forward-looking statements. Because these statements reflect Endo's current views, expectations and beliefs concerning future events, these forward-looking statements involve risks and uncertainties. Although Endo believes that these forward- looking statements and information are based upon reasonable assumptions and expectations, readers should not place undue reliance on them, or any other forward- looking statements or information in this news release. Investors should note that many factors, as more fully described in the documents filed by Endo with securities regulators in the United States and Canada including under the caption "Risk Factors" in Endo's Form 10-K, Form 10-Q and Form 8-K filings with the Securities and Exchange Commission and with securities regulators in Canada on System for Electronic Document Analysis and Retrieval ("SEDAR") and as otherwise enumerated herein or therein, could affect Endo's future financial results and could cause Endo's actual results to differ materially from those expressed in forward-looking statements contained in Endo's Annual Report on Form 10-K. The forward-looking statements in this press release are qualified by these risk factors. These are factors that, individually or in the aggregate, could cause Endo's actual results to differ materially from expected and historical results. Endo assumes no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required under applicable securities law.
1Canadian Society of Otolaryngology-Head & Neck Surgery – Snoring
2 Scharf MB. Sleep Disorders Vol 1. 3rd ed. (1991)
SOURCE Endo International plc
For further information: Endo International plc: Investors: Nina Goworek, (484) 216-6657; Media: Heather Zoumas-Lubeski, (484) 216-6829, http://www.endo.com