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Pharmaxis reveals a quarterly shareholder update full of highlights

Pharmaxis Ltd (ASX:PXS) chief executive Gary Phillips discusses with Proactive Investors the highlights contained within the biotech company’s latest Quarterly Shareholder Update.


“The one thing which really caught everyone’s attention was Boehringer Ingelheim starting a second indication with the drug they licensed from us,” notes Phillips. That development garnered a $15 million milestone payment.


Meanwhile, two compounds from the anti-fibrotic LOXL2 program have entered the clinic for phase one testing. The quarter also saw sales of Bronchitol improve in Europe and Australia.

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Price: 0.26 AUD

ASX:PXS
Market: ASX
Market Cap: $102.61 m
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Pharmaxis hopeful of FDA approval for cystic fibrosis inhalation medicine...

Pharmaxis Ltd (ASX:PXS) chief executive officer Gary Phillips updates Proactive Investors on the FDA approval timeframe for the company’s Bronchitol inhalation medicine used to treat adult cystic fibrosis patients. The healthcare-focused company is confident it will meet information...

on 13/8/19

2 min read