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US FDA seeks more information on Maxigesic IV(R) application

Regulatory1 July 2022AFTHealthcare

AFT Pharmaceuticals Limited,
Level 1, 129 Hurstmere Road, Takapuna, Auckland 0622, New Zealand

Incorporated in New Zealand ARBN:

ARBN 609 017 969






1 July 2022

US FDA seeks more information on Maxigesic IV® application

AFT Pharmaceuticals (NZX.AFT, ASX.AFP) announces that it has today received a

Complete Response Letter (CRL) from the US Food and Drug Administration (FDA) on

its application for the US registration of Maxigesic IV

®

, the intravenous form of its

patented pain relief medicine. The FDA have requested additional data on one

remaining issue.

AFT Managing Director Dr Hartley Atkinson said: “While it is disappointing not to have

received registration of Maxigesic IV as we initially expected, we are confident that

we can deliver the FDA the information that it needs to approve our medicine.

“We are now discussing the FDA’s request with our development and

commercialisation partner Hyloris Pharmaceuticals. We will be updating the market

shortly on revisions to the US commercialisation pathway and timeline for the medicine

as we gain more clarity on the FDA’s request.”

Maxigesic® IV, is a novel, unique combination of 1000mg paracetamol and 300mg

ibuprofen solution for infusion, for the treatment of post-operative pain. It has been

developed in collaboration with Hyloris and currently licensed in more than 100

countries across the globe. It has also been registered in 37 countries and launched

in 7 countries including Australia, Germany and Korea. The medicine is protected by

several granted patents and pending patent applications.

Released for and on behalf of AFT Pharmaceuticals by Malcolm Tubby, Chief Financial

Officer

For more information:

Dr Hartley Atkinson Richard Inder

Managing Director The Project

AFT Pharmaceuticals Tel: +64 21 645 643

Tel: +64 9488 0232


About AFT Pharmaceuticals

AFT is a growing multinational pharmaceutical company that develops, markets, and

distributes a broad portfolio of pharmaceutical products across a wide range of

therapeutic categories which are distributed across all major pharmaceutical

distribution channels: over the counter (OTC), prescription and hospital. Our product

portfolio comprises both proprietary and in-licensed products, and includes patented,

branded, and generic drugs. Our business model is to develop and in-license products


AFT Pharmaceuticals Limited,

Level 1, 129 Hurstmere Road, Takapuna, Auckland 0622, New Zealand

Incorporated in New Zealand ARBN:

ARBN 609 017 969


for sale by our own dedicated sales teams in our home markets of Australia and New

Zealand and to out-license / distribute our products to local licensees and distributors

to over 125 countries around the world. For more information about the company, visit

our website: www.aftpharm.com

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