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AFT secures Maxigesic(R) IV distribution in Indonesia

Operational Update10 December 2019AFTHealthcare

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

ARBN 609 017 969 investor.relations@aftpharm.com






Market and media release 11 December 2019


AFT secures Maxigesic

®

IV distribution in Indonesia

AFT Pharmaceuticals (NZX; AFT, ASX; AFP) has signed an exclusive distribution

agreement for the registration and commercialisation of Maxigesic IV

®

in Indonesia

with the Jakarta-based PT Dankos Farma.

PT Dankos Farma is a subsidiary of Kalbe Farma Tbk., the largest publicly listed

pharmaceutical company in Southeast Asia.


AFT Managing Director Dr Hartley Atkinson, says the agreement kicks off the process

of commercialisation for Maxigesic IV

®

in Indonesia, which has a total analgesic

market worth US$530m.*

“We are pleased to further grow our distributor network and expand the company’s

partnerships for Maxigesic IV

®

in South East Asia. We are looking forward to working

with PT Dankos Farma to make the most of the strong potential we see in Indonesia

for Maxigesic IV

®

”.

AFT and PT Dankos Pharma will shortly file for regulatory approval for Maxigesic IV

®

, a

process that is expected to take around two years to complete. Following registration,

Maxigesic IV

®

will be commercialised through Kalbe Farma’s strong marketing,

branding and distribution expertise.

For and on behalf of AFT Pharmaceuticals Limited, Malcolm Tubby, CFO

For more information:

Investors Media

Dr Hartley Atkinson Richard Inder

Managing Director The Project

AFT Pharmaceuticals Tel: +64 21 645 643

Tel: +64 9488 0232


Notes to editors:

Maxigesic IV

®

is an intravenous form (paracetamol 1000 mg and ibuprofen (as

sodium dihydrate) 300 mg) of AFT’s patented Maxigesic pain relief medicine. It has

been developed as a line extension to Maxigesic tablets, for post-operative pain

relief in hospitals where patients cannot take an oral pain relief medicine such as

Maxigesic.

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

ARBN 609 017 969 investor.relations@aftpharm.com


* Source: Statista, October 2019

About AFT Pharmaceuticals

AFT is a growing multinational pharmaceutical company that develops, markets and

distributes a broad portfolio of pharmaceutical products across a wide range of

therapeutic categories which are distributed across all major pharmaceutical

distribution channels: over-the-counter (OTC), prescription and hospital. Our product

portfolio comprises both proprietary and in-licensed products, and includes patented,

branded and generic drugs. Our business model is to develop and in-license products

for sale by our own dedicated sales teams in our home markets of Australia and New

Zealand and in certain Southeast Asian markets, and to out-license our products to

local licensees and distributors to over 125 countries around the world. For more

information about the company, visit our website www.aftpharm.com

.

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