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Maxigesic to launch in Canada in 2020

Operational Update25 November 2019AFTHealthcare

AFT Pharmaceuticals Limited, Level 1, 129 Hurstmere Road, Takapuna, Auckland 0622, New Zealand
Incorporated in New Zealand ARBN:

ARBN 609 017 969








Market and Media Release 26 November 2019


Maxigesic to launch in Canada in 2020


AFT Pharmaceuticals (NZX.AFT, ASX.AFP) and Canadian speciality pharmaceutical company

Biosyent Pharma Inc., today announce they have concluded an exclusive licensing and

supply agreement that will see the launch of the Maxigesic pain relief medicine in Canada

next year.

The agreement follows Health Canada’s recent approval of the tablet form of Maxigesic

(known locally as Combogesic®), the first paracetamol and ibuprofen combination to be

approved in Canada.

Under the agreement, BioSyent Pharma Inc. also has rights to additional forms of

Maxigesic®/Combogesic® in Canada, where the market for analgesics is worth CAD$813

million

1

. Other forms include an oral liquid for paediatric use and an intravenous formulation

for hospital use, both of which will require regulatory approval.

AFT Pharmaceuticals Chief Executive Dr Hartley Atkinson said: “This agreement, which will see

Biosyent Pharma distribute the medication under AFT’s Combogesic® brand, paves the way

for the Maxigesic platform to make its first entry into a North American market. It is an exciting

opportunity for both companies.”

President and CEO of BioSyent, René Goehrum said: “We are pleased to add

Maxigesic®/Combogesic® to our product portfolio and look forward to making this medicine

available to Canadians.

“The management of pain continues to be a challenge for healthcare practitioners and

patients, and we believe Maxigesic/Combogesic® will provide clinically-proven double-

action relief from a wide range of pain. Combining oral analgesics into a single product

improves compliance, safety and efficacy.”

For more information:

Investors Media:

Hartley Atkinson, CEO Richard Inder

AFT Pharmaceuticals Ltd The Project

Phone: +64 9 488 0232 Phone: +64 21 645 643

Email: hartley@aftpharm.com Email: richard@theproject.co.nz






1

IQVIA CDH June 2019. Total analgesic market in the year to the end of June 2019.

AFT Pharmaceuticals Limited, Level 1, 129 Hurstmere Road, Takapuna, Auckland 0622, New Zealand
Incorporated in New Zealand ARBN:

ARBN 609 017 969



About AFT Pharmaceuticals


AFT is a growing multinational pharmaceutical business with a broad range of products, both

developed itself and in-licensed from third parties. AFT’s products cover all major

pharmaceutical distribution channels: over-the-counter, prescription and hospital. Historically,

AFT’s home markets have been Australia, New Zealand and South-East Asia. However, the

company is out-licensing its own products to licensees and distributors to sell in an increasing

number of countries around the world. The company’s intensive Research and Development

programme forms the basis of its international sales strategy. For more information about the

company, visit our website www.aftpharm.com

.


About BioSyent Inc.


Listed on the TSX Venture Exchange under the trading symbol “RX”, BioSyent is a profitable

growth-oriented specialty pharmaceutical company focused on in-licensing or acquiring

innovative pharmaceutical and other healthcare products that have been successfully

developed, are safe and effective, and have a proven track record of improving the lives of

patients. BioSyent supports the healthcare professionals that treat these patients by marketing

its products through its community, hospital and international business units.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.