Business Daily Media

The Times

.

LumaCina announces availability of Oral Morphine pain medication for New Zealanders

  • Written by PR Newswire
LumaCina announces availability of Oral Morphine pain medication for New Zealanders

PERTH, Australia and MIAMI, May 31, 2024 /PRNewswire/ -- LumaCina[1], the pharmaceutical supplier and marketing division of Bridgewest Perth Pharma[2] announce new production of Oral Morphine to meet critical drug shortage in New Zealand.

The shortfall of Oral Morphine has become increasingly concerning in New Zealand, adversely affecting patients who rely on this medication to manage pain effectively. Recognizing the gravity of the situation, LumaCina has been actively working in partnership with Pharmac, New Zealand's government agency responsible for pharmaceutical funding and access, to bridge the supply gap. LumaCina has made substantial investments to expand capabilities for steady supply of Oral Morphine.

"We are deeply committed to addressing the shortage of Oral Morphine and ensuring that patients have access to the medication they need to alleviate pain and improve their quality of life," said Cyrus K. Mirsaidi, Global CEO for LumaCina and Bridgewest Perth Pharma. "Through our collaboration with Pharmac, we are leveraging our collective expertise and resources to make a meaningful difference in the lives of patients across New Zealand."

"Making a positive impact on public health is paramount to our group's efforts. Through our ingenuity and resources, we aim to make a significant and lasting impact on the healthcare landscape and the lives of all," said Dr. Masood Tayebi, CEO and Founding Partner of global private equity firm, Bridgewest Group.

Last year, Bridgewest Group made a key strategic move to broaden its life science ecosystem, expanding capabilities throughout research and development, manufacturing, and delivery. It acquired the Pfizer Perth cGMP sterile injectable manufacturing plant[3], and formed Bridgewest Perth Pharma, NovaCina CDMO division[4] and LumaCina pharmaceutical supply division[5].

About LumaCina

LumaCina[6] is a global supplier and marketer of sterile injectable pharmaceutical drugs located in Perth Australia. LumaCina is aggressively expanding capabilities, infrastructure, and industry partnerships, growing a robust pipeline of high-quality accessible injectable medications, spanning high potency, blow fill seal, multi format vials and more. LumaCina is a Bridgewest Group Portfolio Company.

Media Contact: Jenny Bourbiel, jbourbiel@bridgewestgroup.com[7]

Logo - https://mma.prnasia.com/media2/2425397/LumaCina_Logo.jpg?p=medium600[8]

Read more https://www.prnasia.com/story/archive/4426743_AE26743_0

Why self-service is reshaping fleet management for modern businesses

Fleet management today is constrained by fragmented systems and heavy administrative demands. A lot of the work still relies on booking vehicles and...

Fraud Prevention and security crucial as identity crime hits record highs in Australia

In a radically transformed risk landscape where the scale and speed of financial fraud have reached unprecedented levels, Australian businesses ar...

Sectorial ATO Tax Debt Disclosures Rise, Overall Business Credit Demand Flattens and High-Risk SME 'Credit Shopping' hits 8-month peak

Q1 2026 Equifax Business Market Pulse shows low-risk borrowers consolidate demand enquiries while sub-prime entities accelerate shopping activity ...

SME support in Federal Budget falls short of easing business pressures

“The Federal Budget delivered several measures aimed at supporting small businesses, including making the instant asset write-off permanent, exten...

Bunji dog treats to hit Ritchies shelves

Cooee Native Superfoods’ Bunji range of dog kibble and treats is rolling out across Ritchies Supermarkets now, with stock already on shelves in se...

Pre-Budget Expectations

“Australian corporates and SMBs are under pressure. Competition from global players is intensifying, margins are under strain, and technology adop...