Mayne Pharma’s E4/DRSP Accepted for US FDA review, Stock Up by ~7%

  • Jun 24, 2020 AEST
  • Team Kalkine

Mayne Pharma Group Limited (ASX:MYX) revealed that the New Drug Application for E4/DRSP for preventing pregnancy has been accepted for the US Food and Drug Administration review. The FDA is anticipated to complete review of this oral contraceptive pill in the H1 CY2021.

If approved, in the United States E4/DRSP would be the first contraceptive pill comprising of E4 and the first new estrogen launched for contraceptive use.

Post announcement on 24 June 2020, MYX quoted at A$0.385 climbed by 4.054% at AEST 12:26 PM.

 


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