Health Canada approves Merus Labs' advanced wound care product, Collexa

Merus Labs International Inc. ("Merus" or the "Company") is pleased to announce that Health Canada has approved its advanced wound care product Collexa®. Collexa® is exclusively licensed to Merus Labs by Innocoll for sales and distribution in Canada.

Collexa is an advanced bilayer wound care device comprising a layer of white collagen matrix with a backing layer of absorbent polyurethane foam. The collagen matrix layer aids in the wound management while the polyurethane foam layer acts as a reservoir absorbing wound fluids. Collexa can absorb greater than ten times its own weight in wound fluids.

Collexa may be used for the management of wounds including: Diabetic ulcers, venous ulcers, pressure ulcers, ulcers caused by mixed vascular etiologies, full thickness & partial thickness wounds, abrasions, traumatic wounds, 1st and 2nd degree burns and surgical wounds. Including Collexa®, Merus currently has 8 wound care products that will be launched in the current quarter. "With the approval of Collexa®, Merus will provide Canadian patients with a stronger pipeline of products designed to greatly advance wound care treatment. We greatly appreciate the diligent work of our partners Innocoll and Methapharm in advancing the approval of Collexa® and launch of our line of wound care products in this quarter." said Ahmad Doroudian, President and CEO.