The treatment, Xeglyze™, was developed by Hatchtech, an Australian pharmaceutical company and will be commercialized by Dr Reddy’s Laboratories.
Hatchtech CEO Hugh Alsop estimates that it is only the 13th drug developed primarily by an Australian company to be given FDA approval. Over the last decade the FDA has only approved, on average, 37 new drugs each year.
Unlike other treatments, Xeglyze™, a topical lotion, only requires one use to be effective.
Currently many over the counter treatments require multiple usages and timing the application of these can be difficult. This is because most treatments do not kill eggs.
