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Cystic fibrosis drug’s trials successful.

Cystic fibrosis drug’s trials successful.

Australasian Business Intelligence, May, 2009

Byline: Ingrid Mansell

May 04, 2009 (The Australian Financial Review – ABIX via COMTEX) — Australian biotechnology company, Pharmaxis, has revealed positive results from late-stage clinical trials of a new drug for cystic fibrosis. CEO Alan Robertson said that the company hopes to launch the product in late 2010. Sales could reach $US750 million ($A1 billion) a year.

Publication Date: 5 May 2009

PHARMAXIS LIMITED - ASX PXS
ARANA THERAPEUTICS LIMITED - ASX AAH
CEPHALON INCORPORATED
ALCHEMIA LIMITED - ASX ACL
F HOFFMAN-LA ROCHE LIMITED
F HOFFMAN-LA ROCHE AG
ROYAL PRINCE ALFRED HOSPITAL

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