02:10:47 EDT Sat 19 Jul 2025
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HLS Therapeutics Inc
Symbol HLS
Shares Issued 31,557,088
Close 2025-06-30 C$ 4.80
Market Cap C$ 151,474,022
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HLS lists Vascepa with Nova Scotia Pharmacare

2025-07-02 11:26 ET - News Release

Mr. Craig Millian reports

HLS THERAPEUTICS ANNOUNCES REIMBURSEMENT FOR VASCEPA UNDER NOVA SCOTIA'S PROVINCIAL DRUG PLAN

HLS Therapeutics Inc. has entered into a product listing agreement (PLA) with the Province of Nova Scotia, for the listing and public reimbursement of Vascepa (icosapent ethyl). The PLA with Nova Scotia Pharmacare is effective July 1, 2025.

Under the terms of the PLA, Vascepa will be reimbursed as an exception status product by the Nova Scotia formulary for the secondary prevention of cardiovascular events (cardiovascular death, non-fatal myocardial infarction, non-fatal stroke, coronary revascularization or hospitalization for unstable angina) in statin-treated patients with established cardiovascular disease and elevated triglycerides.

"The PLA with Nova Scotia Pharmacare will significantly improve access and reimbursement for Vascepa in Atlantic Canada," said Craig Millian, chief executive officer of HLS. "This milestone, combined with the recent in-licensing of two new products into our cardiovascular portfolio, supports our efforts to position HLS as a leading Canadian-based company focused on reducing cardiovascular risk for Canadians."

Vascepa is now available to more than 95 per cent of eligible patients covered by public plans and private insurance in Canada.

About Vascepa (icosapent ethyl) capsules

Vascepa capsules are the first and only prescription treatment comprising solely the active ingredient, icosapent ethyl (IPE), a unique form of eicosapentaenoic acid. Vascepa was approved by Health Canada and added to Health Canada's Register of Innovative Drugs and benefits from data protection for a term of eight years as well as being the subject of multiple issued and pending patents based on its unique clinical profile. HLS in-licensed the exclusive rights to Vascepa for the Canadian market from Amarin Corp.

About HLS Therapeutics Inc.

Formed in 2015, HLS is a pharmaceutical company focused on the acquisition and commercialization of late-stage-development, commercial-stage promoted and established branded pharmaceutical products in the North American markets. HLS's focus is on products targeting the central nervous system and cardiovascular therapeutic areas. HLS's management team is composed of seasoned pharmaceutical executives with a strong record of success in these therapeutic areas and at managing products in each of these life cycle stages.

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