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AFT welcomes US FDA Complete Response Letter

Regulatory8 November 2020AFTHealthcare

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 9 November 2020


AFT welcomes US FDA Complete Response Letter

AFT Pharmaceuticals (NZX.AFT, ASX.AFP) today announces it has received a US Food

and Drug Administration (FDA) complete response letter (CRL) covering its application

for the approval of a tablet version of its Maxigesic

®

pain relief medication.

In the letter, the US regulator said an FDA Good Manufacturing Practice (GMP)

inspection of the tablet production facilities – delayed due to COVID-19 related travel

disruptions – was the “only deficiency” with AFT’s application.

A CRL indicates the FDA has completed its review of a new drug application. The

letter covered AFT’s application for prescription Maxigesic tablets, branded

Combogesic

®

in the US, for treatment of mild to moderate acute pain.

The FDA also requested minor labelling changes and asked for updated global safety

data.

AFT Managing Director Dr Hartley Atkinson said the CRL indicated AFT had cleared a

significant hurdle on its path towards the commercialisation of the Maxigesic pain

relief family of medicines in the world’s largest pharmaceutical market.

“This is a very pleasing result. The letter shows a prescription version of Maxigesic is

approvable in the US and that AFT is well on the way to approval of its patented

medicine in the US market.

“The labelling and safety data are simple to address. The GMP inspection of the

manufacturing site which is located outside the US and has previously held FDA GMP

approval will take longer to resolve due to present COVID19 travel bans. We will need

to await lifting of these restrictions to organise the site inspection. However, a remote

GMP inspection has already been requested which is an alternative solution. Presently

the precise timing cannot be confirmed.”

Dr Atkinson said it was too early to say when the medicine would be approved for

sale in the US. In addition to final approval from the FDA, AFT still needed to licence

the medication to a distributor.

“Talks with potential licensees are ongoing, and a positive CRL was a major endpoint,

we now look forward to progressing these discussions, and the one final outstanding

regulatory requirement in the coming months,” Dr Atkinson said.

For and on behalf of AFT Pharmaceuticals Limited by Malcolm Tubby, Chief Financial

Officer.

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



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


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 program forms the basis of its

international sales strategy. For more information about the company, visit our website

www.aftpharm.com

.

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