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Futura Medical kicks off process for its ED gel to be approved as medical device

Futura Medical PLC's (LON:FUM) Ken James tells Proactive London's Andrew Scott they've held positive initial discussions with EU regulators as it confirmed it will seek to have its erectile dysfunction (ED) gel approved as a medical device rather than a drug.

The decision to develop the gel as a device follows last year's read-out from the FM57 phase III clinical trial.

Quick facts: Futura Medical PLC

Price: 13.5 GBX

AIM:FUM
Market: AIM
Market Cap: £33.16 m
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