HomeFinTechPharmaxis: Exports cystic fibrosis drug to U.S.

Pharmaxis: Exports cystic fibrosis drug to U.S.

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  • Pharmaxis (PXS) has exported the first shipment of its locally developed and manufactured drug, Bronchitol, to Georgia, USA
  • The Bronchitol treatment has approved in the U.S. and Australia for adults and children suffering with cystic fibrosis
  • Cystic fibrosis (CF) is a debilitating genetic disease that causes damage to the lungs and other organs
  • The company expects Bronchitol sales in the U.S. to contribute strongly to the product’s overall sales and profit growth
  • Chiesi Group, will responsible for the commercialisation of Bronchitol in the U.S
  • Pharmaxis is up 3.41 per cent, trading at 9.1 cents
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