Medical Developments International (ASX:MVP) launches Penthrox in Italy

  • Home
  • Company News
  • Medical Developments International (ASX:MVP) launches Penthrox in Italy
23Oct

Medical Developments International (ASX:MVP) launches Penthrox in Italy

 

Medical Developments International (ASX:MVP) is delighted to announce that Penthrox has been launched in Italy.

Penthrox is an inhaled medication primarily used to reduce pain following trauma.

A medical trial in Italy with a study of 272 trauma patients in 15 Italian emergency units showed that Penthrox was superior to Standard of Care, including Opioids, for adult trauma pain patients.

MVP CEO John Sharman says “The launch of Penthrox in Italy will trigger another milestone payment from our partner Mundipharma of US$2million which is expected during 2020".

Shares in Medical Developments International (ASX:MVP) are trading 3.1 per cent higher at $5.97.
Copyright 2019 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

04May

Transurban (ASX:TCL) reports 44% traffic decline

04 May 2020 - Transurban (ASX:TCL) has confirmed COVID-19 traffic impacts were observable from early March.

Read More
08Apr

Morgan Stanley slashes Afterpay (ASX:APT) price target for second time

08 Apr 2021 - Morgan Stanley has slashed the price target for Afterpay (ASX:APT) by 6.3 per cent to $149.

Read More
21Jan

BHP (ASX:BHP) coal output hit by poor air quality from bushfires

21 Jan 2020 - BHP (ASX:BHP) released figures for their operational review for the year ending 31St December 2019 with showing energy coal production decreased by 12 per cent to 12 Million Tonnes.

Read More
13May

Eclipx Group (ASX:ECX) see a lift in H1 earnings

13 May 2020 - Vehicle fleet leasing company Eclipx Group (ASX:ECX) today reported its first half results for the six months ended 31 March 2020 showing statutory net profit after tax of $13.2 million for 1H20, a significant improvement on losses of $120.3 million for 1H19.

Read More
21Jun

Stocks of the Hour: Sayona Mining, Tamboran Resources, Imagion Biosystems

21 Jun 2023 - A snapshot of the stocks on the move featuring Sayona Mining (ASX:SYA), Tamboran Resources (ASX:TBN) and Imagion Biosystems (ASX:IBX).

Read More
14Nov

Stocks of the Hour: Altech Batteries, Si6 Metals, True North Copper

14 Nov 2023 - A snapshot of the stocks on the move, featuring Altech Batteries (ASX:ATC, FRA:A3Y), Si6 Metals (ASX:Si6) and True North Copper (ASX:TNC).

Read More
08Nov

Virgin Australia (ASX:VAH) has been authorised to cooperate with Virgin Atlantic

08 Nov 2019 - The ACCC has issued a determination authorising Virgin Australia (ASX:VAH) to work more closely with Virgin Atlantic on flights between Australia and the UK and Ireland; via Hong Kong, Los Angeles and any other future connecting points.

Read More
10Aug

GPT Group (ASX:GPT) reports $519 million loss

10 Aug 2020 - GPT Group (ASX:GPT) reports a $519.1 million loss for the first half of the year, impacted by the uncertainty of the current economic climate.

Read More
06Feb

Dexus (ASX:DXS) report NPAT up 36.9%

06 Feb 2020 - Office landlord Dexus (ASX:DXS) report net profit after tax of $994.2 million, up 36.9 per cent.

Read More
30Mar

Fortescue Metals Group Ltd (ASX:FMG) Port Hedland shipments continue

30 Mar 2020 - Fortescue Metals Group Ltd (ASX:FMG) shipments continue from Port Hedland as scheduled with mining, processing and shipping activity remaining in line with our guidance for FY20.

Read More