Mayne Pharma (ASX:MYX) rolls out new contraceptive pill in the US

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07Jan

Mayne Pharma (ASX:MYX) rolls out new contraceptive pill in the US

 

Pharmaceutical giant, Mayne Pharma (ASX:MYX) has launched a new contraceptive tablet in the US.

The tablet is called MICROGESTIN 24 FE and is a generic version of LOESTRIN® 24 FE.

Mayne Pharma CEO Scott Richards says the company is focused on expanding its portfolio with novel and generic products.

It expects to launch up to seven new contraceptive products over the coming year.

This marks the first of five anticipated new product launches expected from the recently announced strategic partnership with Novast Laboratories.

Shares in Mayne Pharma (ASX:MYX) are trading 4.3 per cent higher at 36 cents.
 
Copyright 2021 – Finance News Network


Source: Finance News Network

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