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AFT secures new partners in Poland and Greece

Operational Update6 April 2021AFTHealthcare

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






7 April 2021


AFT secures new partners in Poland and Greece


AFT Pharmaceuticals (NZX.AFT, ASX.AFP) today announces an extension to its

Maxigesic

®

commercialisation agreements, adding the Polish Company Mercapharm

Sp.z.o.o (‘Mercapharm’) and the Greek Company Vianex S.A. (“Vianex”) as partners

for the patented combination pain killer.

These agreements cover territories with a total population of more than 48.5 million

people

1

.

Vianex has licensed the rights to the Maxigesic IV

®

intravenous product in the Greek

market while Mercapharm’s new distribution agreement covers the tablet, oral liquid,

hot drink, fast-dissolve and dry powder sachets as well as Maxigesic IV.

With the addition of Poland to the oral Maxigesic line AFT has now secured partners in

23 out of the 27 EU member states, while Maxigesic IV now has partners for 22 member

states.

AFT Pharmaceutical’s Managing Director Dr Hartley Atkinson says: “Mercapharm has

an excellent understanding of the Polish market and with a population of 37.9 million

(2019) we believe the country offers great potential for Maxigesic.”

Dr Atkinson said the new partner in Greece was well placed to drive the adoption of

Maxigesic.

“Vianex is a strong local partner with excellent knowledge of the Greek hospital

pharmaceutical sector and their strong sales reflect this,” Dr Atkinson said.

Mercapharm CEO, Rafal Barski, commented “Mercapharm is excited about taking

on the opportunity to distribute the Maxigesic pipeline in Poland. It is a novel painkiller

that offers an effective alternative to traditional ibuprofen and paracetamol

(acetaminophen) painkillers alone.”

Maxigesic IV is expected to receive regulatory approval in Poland and Greece in mid-

2022 with sales expected to begin shortly thereafter.

Maxigesic IV (Paracetamol 1000mg+ Ibuprofen 300mg solution for infusion) is an

intravenous formulation developed as a line extension to Maxigesic tablets, for use

post-operatively in hospitals when patients cannot take a medicine orally.

A major Phase 3 clinical trial conducted in the USA found that Maxigesic IV provided

significantly better pain relief than either paracetamol (acetaminophen) IV or

ibuprofen IV alone in the same doses.

2

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


Following on from the registration of Maxigesic IV in Australia and New Zealand in mid-

2019, AFT has now licensed the medication in more than 90 countries. Meanwhile, the

tablet form of Maxigesic has been licensed in more than 125 countries.

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

Officer.


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 programme forms the basis of its

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

www.aftpharm.com

.

About Mercapharm Sp. z.o.o

Mercapharm Sp. z.o.o., a company incorporated in Poland, founded in 2010 and

having its registered office at ul. Swietopelka 39, 81-524 Gdynia, Poland.


References

1

Worldbank Population data 2019

2

Daniels, S.E, Playne, R., Stanescu, I., Zhang, J., Gottlieb, I.J, Atkinson, H.C. (2019).

Efficacy and safety of an intravenous acetaminophen/ibuprofen fixed-dose

combination after bunionectomy: A randomized, double-blind, factorial, placebo-

controlled trial. Clinical Therapeutics 41 (10): 1982-1995. Research sponsored by AFT

Pharmaceuticals.

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