Foamix to Present at the UBS 2011 Global Life Sciences Conference, Including an Update on its First-in-Class Topical Minocycline Foam , Now in Phase II for Acne, Rosacea and Skin Infections

Foamix Receives Approval for Minocycline Foam Phase II Clinical Trial in Acne

Survey reveals: 77% of Dermatologists will Prescribe Topical Minocycline.Foamix’s first-in-class Minocycline Foam - now in phase II.

Foamix Announces Phase II Clinical Trial of Topical Minocycline Foam for Rosacea

Foamix Receives US Patent for Oleaginous Foam

Foamix and BioMAS to Develop Novel Therapy for Genital Warts

Foamix to present at the UBS 2010 Global Specialty Pharmaceuticals Conference

New U.S. Patent Grant to Foamix for its Hygroscopic and Waterless Breakable Foam Technology

Foamix Receives a New U.S. Patent for its Emollient and Aqueous Foam Technology

Foamix is Granted a Fourth U.S. Patent for OilGel™, Directed to Pharmaceutical Compositions and their Dermatological, Gynecological and Ophthalmic Applications

Foamix Ltd. and Therapeutics Inc. Enter into Joint Venture to Develop New Prescription Foams for Inflammatory Skin Diseases

US Grant for Foamix's Saccharide Foam Patent - Topical "Sweet Foam" Products for Wound & Burn Therapy

Foamix is a Finalist for the Red Herring 100 Global Award for Most Promising Technology Ventures

Dermatology co Foamix teams with Switzerland's Galderma

Foamix Expands International Patent Protection for its Emollient Foam Platform

Foamix Extends Collaboration with Galderma

Foamix Ltd. and VIB Sign Co-Development Agreement for Innovative Topical Therapy for Psoriasis

Promius Pharma, LLC Launches Scytera™ (Coal Tar) Foam 2% for Treatment of Psoriasis

Foamix is Finalist for International 2008 SCRIP Award

Ferndale and Foamix Execute License Agreement for Development of Non-Steroidal Foam for Atopic Dermatitis

Omnibus Survey:72% of Women Are Dissatisfied with Their Current Treament of Vaginal Infection

Foamix and Galderma to Develop Medicated Foam for Certain Skin Diseases

Foamix is a finalist for the Red Herring 100 Europe 2008 Award

BIRD invests $14m in 16 joint projects; English Hebrew

Foamix Announces New Foam Patent Approvals

Ferndale and Foamix Enter Development of an Innovative Foam for the Treatment of Atopic Dermatitis

Foamix Acquires Rights to Dual Chamber Aerosol Foam Technology

In-Pharma Technologist.com: Best Foam Forward

Foamix presents Innovative Intra-Vaginal Foam Delivery for Gynecology

Foamix Signs R&D Collaboration and License Agreement with Dr. Reddy’s for the Development and Commercialization of Psoriasis Foam

YNET: Collaboration with Warner Chilcott on gynecologic treatment (article in Hebrew)

Warner Chilcott and Foamix Collaborate on Gynecologic Foam Product

Foamix and Intendis Sign License Agreement for the Development of a Dermatological Foam

Globes: Foamix collaborates with Warner Chilcott on acne treatment

Warner Chilcott and Foamix Collaborate on Foam Product for the Treatment of Acne


 
Survey reveals: 77% of Dermatologists will Prescribe Topical Minocycline. Foamix’s first-in-class Minocycline Foam - now in phase II.

Rehovot (Israel), July 27, 2011

The first-in-class topical Minocycline product, protected by 4 patent applications, is directed for the treatment of Rosacea, Acne, Skin Infections and Chronic Wounds

Most Dermatologists are concerned with Oral Minocycline side effects and will prefer prescribing their patients Topical Minocycline for Rosacea, Acne, Skin Infections and Chronic Wounds.

Minocycline is a well known, highly prescribed drug, which is known for its favorable therapeutic efficacy, side by side with many side affects. In a survey conducted among 40 U.S. dermatologists, 95% indicated that they prescribe oral Minocycline to their patients for moderate and severe Acne (92.5%) and for moderate and severe Rosacea (72.5%). Other indications include skin infection (45%), chronic wounds (25%), Impetigo (20%) and mild Acne and Rosacea (12% each).

The survey shows some disturbing facts. Even though 95% of dermatologists prescribe oral Minocycline, the majority (89.7%) are concerned about side effects. Common side effects of oral Minocycline include upset stomach, diarrhea, dizziness, unsteadiness, drowsiness, mouth sores, headache and vomiting. It increases sensitivity to sunlight and has also been linked to cases of lupus. Rare but serious side effects include fever, yellowing of the eyes or skin, stomach pain, sore throat, vision changes and mental changes. Due to these side effects, FDA added oral Minocycline in 2009 to its Adverse Event Reporting System (AERS); a list of medications under investigation by the FDA for potential safety issues.

Notably, the survey revealed that 77% of dermatologists would prefer prescribing a Topical Minocycline drug over the existing oral Minocycline, assuming it was safe, effective and approved by FDA.

Foamix Ltd., a clinical-stage specialty pharmaceutical company focused on the development of proprietary dermatological and gynecologic topical products, has successfully developed a first in class topical form of Minocycline, despite the inherent instability of this drug. Foamix are currently conducting Phase II clinical trials in Rosacea and Impetigo, and will enter an Acne Phase II study shortly.

“There is a huge demand for new safe and effective topical treatments for acne and rosacea.” said Dov Tamarkin, PhD., CEO of Foamix. “Based on its pharmacological profile, Topical Minocycline represents a strong alternative to the existing oral and topical Acne and Rosacea drugs.”

According to IMS, the current U.S. sales of oral Minocycline and its analog Doxycycline are in excess of $1.2 billion.

About Foamix:

Foamix Ltd. is a clinical-stage, privately held specialty pharma company, focused on the development of proprietary topical foam and OilGel™ products for prescription, OTC and cosmetic applications. Foamix creates advanced products with improved convenience, higher compliance and better efficacy, which are backed by an extensive patent portfolio. The company’s development capabilities range from initial development of the formulations to scale-up, GMP manufacturing, preclinical and clinical studies.

Foamix partners with leading pharmaceutical companies, including Galderma, Intendis (Bayer’s dermatology company), Dr. Reddy's and Ferndale Laboratories.

Foamix has a strong in-house pipeline of dermatological and gynecological drugs. The Company’s lead product, Topical Minocycline, is currently in Phase II clinical studies.

To date, Foamix has 9 issued patents in the United States, covering its foam and OilGel™ technology platforms. The company has an additional 150 applications and patents worldwide, of which more than 60 applications are filed in the U.S.

For additional information please see www.foamix.co.il

Contact:

Dorit Hayon, Business Development Manager, Foamix Ltd, +972-8-9316233 or dorit@foamix.co.il

Dov Tamarkin, CEO, Foamix Ltd, +972-8-9316233 or dov@foamix.co.il.