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AFT Pharmaceuticals Ltd. ( (AU:AFP) ) has provided an announcement.
AFT Pharmaceuticals is making significant strides towards achieving its $300 million revenue target for FY27, driven by growth across all regions and advancements in its R&D portfolio. The company reported a successful phase III clinical trial for its novel iron IV development project, highlighting potential patient benefits and fewer side effects compared to existing therapies. This development positions AFT favorably in the $7.41 billion addressable market for intravenous iron treatments. The company is also expanding its product distribution in international markets, including the UK, Canada, and South Africa, and is preparing for new product launches to sustain long-term growth.
More about AFT Pharmaceuticals Ltd.
AFT Pharmaceuticals is a diversified pharmaceuticals company focusing on research and development, licensing operations, and international market expansion. It is known for its innovative products, including pain relief medicines like Maxigesic, and is actively involved in out-licensing its intellectual property and in-licensing new products.
Average Trading Volume: 2,023
Technical Sentiment Signal: Sell
Current Market Cap: A$240.7M
For detailed information about AFP stock, go to TipRanks’ Stock Analysis page.