Teikoku Pharma USA (TPU) has signed a licensing deal with Verde Environmental Technologies to develop environment friendly solutions for pharmaceutical disposal.
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The agreement allows Verde to develop products which are designed to adsorb and inactivate the active ingredients in pills, tablets, capsules and topical patches, in a convenient and environmentally responsible manner, based on TPU’s patented technology.
Verde chairman and CEO Andrew Korey said the products being developed by Verde will address the growing issue of pharmaceutical contamination of groundwater supplies.
"By providing an effective means of adsorbing the active ingredients, this will help keep waste pharmaceuticals from appearing in the water supply," Korey said.
"In addition, these developments will provide anti-abuse features, and improved safety, by diminishing the risk of accidental poisoning from active pharmaceuticals disposed in trash."
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