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The latest update is out from EVE Health Group Limited ( (AU:EVE) ).
EVE Health Group Limited has announced the submission of its first commercial purchase order for Libbo™, an oral dissolving film formulation for treating erectile dysfunction. This marks a significant milestone for EVE’s pharmaceutical division, as Libbo™ is set to be available for prescription by the end of 2025. The product offers a discreet, convenient, and fast-acting alternative to traditional ED treatments, potentially enhancing patient compliance and satisfaction. With no further regulatory steps required, the manufacturing process will commence immediately, and the shipment is expected in Q4 2025. The global erectile dysfunction treatment market is valued at over USD $5.3 billion and is expected to grow, positioning EVE to capitalize on this expanding market.
More about EVE Health Group Limited
EVE Health Group Limited is an Australian-based health company focused on developing and commercializing evidence-based wellness and pharmaceutical products. Through its subsidiaries, Meluka Australia and Nextract, EVE delivers science-led innovations to support consumer and practitioner health across retail, pharmacy, and clinical channels.
Average Trading Volume: 472,219
Technical Sentiment Signal: Sell
Current Market Cap: A$7.88M
Learn more about EVE stock on TipRanks’ Stock Analysis page.