Mayne Pharma Group Provides Update on E4/DRSP

  • Oct 23, 2019 AEDT
  • Team Kalkine

Mayne Pharma Group Limited (ASX: MYX) has reported that Mithra Pharmaceuticals, SA presented the phase 3 trial results for E4/DRSP oral contraceptive at the 13th Annual Meeting of the European Society of Gynecology in Vienna, Austria.

  • Top-line results for the phase 3 studies had been reported earlier in Europe, Russia, Canada & United States.
  • MYX has signed a 20-year exclusive supply agreement with Mithra to commercialise E4/DRSP in the US.
  • E4/DRSP is likely to be commercialised in the first half of CY 2021, in adherence to the US FDA approval.

At 1:19 PM AEST, MYX was trading at $0.555, down by 3.4% relative to its previous close.

 

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