🤝💼 𝐅𝐮𝐭𝐮𝐫𝐚 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐒𝐞𝐚𝐥𝐬 𝐚𝐧 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐃𝐞𝐚𝐥 𝐰𝐢𝐭𝐡 𝐇𝐚𝐥𝐞𝐨𝐧 𝐓𝐨 𝐋𝐚𝐮𝐧𝐜𝐡 𝐆𝐞𝐥-𝐁𝐚𝐬𝐞𝐝 𝐌𝐄𝐃3000 - 𝐀 𝐆𝐚𝐦𝐞 𝐂𝐡𝐚𝐧𝐠𝐞𝐫 𝐢𝐧 𝐄𝐃 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭, 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐒!🚀
The first over-the-counter erectile dysfunction gel, MED3000, also known as #Eroxon, is now available to patients in the US following recent FDA approval. Haleon, a spin-off from GSK, will handle the US rollout of Eroxon, overseeing regulatory, development, marketing, and commercialisation.
In this synergy, Futura Medical will gain an upfront windfall of $4m💰, royalties on Eroxon sales, and stand to earn up to $45m in commercial and sales milestone achievements.
📊💹𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐢𝐧𝐠 𝐟𝐚𝐜𝐭: Following this news, Futura shares kick-started Monday, 17th July, with a vigorous 12% leap from Friday's close
𝐇𝐨𝐰 𝐝𝐨 𝐲𝐨𝐮 𝐬𝐞𝐞 𝐭𝐡𝐢𝐬 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐢𝐧𝐟𝐥𝐮𝐞𝐧𝐜𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐦𝐞𝐧'𝐬 𝐡𝐞𝐚𝐥𝐭𝐡 𝐚𝐧𝐝 𝐨𝐯𝐞𝐫-𝐭𝐡𝐞-𝐜𝐨𝐮𝐧𝐭𝐞𝐫 𝐭𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭𝐬? 🤔💡 𝐋𝐞𝐭'𝐬 𝐡𝐞𝐚𝐫 𝐲𝐨𝐮𝐫 𝐭𝐡𝐨𝐮𝐠𝐡𝐭𝐬!
Source: Nicholas Hall Group of Companies
#CHCNewsFlash #CHCTA #NicholasHall
Executive Director Business Development International at PCI
2wHave a great exhibition!