AFT Pharma extends Maxigesic IV licensing

28 March 2023

New Zealand-based AFT Pharmaceuticals (NZX: AFT) has announced the signing of a further new licence agreements for the intravenous dose form of its Maxigesic pain relief medicine as it continues to build momentum in its international business. Maxigesic is a patented combination of paracetamol and ibuprofen.

The privately owned Swiss pharmaceutical company Labatec has licensed the intravenous form, Maxigesic IV, in Switzerland. Labatec and AFT are aiming for registration and launch of the medicine - a treatment for mild to moderate pain for use post-operatively in hospitals when patients cannot take a medicine orally – in the next 12 to 18 months.

Additionally, Pharma Bavaria has extended its existing Maxigesic IV licence agreement in Latin America to include Argentina and Paraguay in addition to the licences already agreed with AFT for the medicine in Bolivia, Chile, Columbia, Ecuador, Peru, Uruguay. The agreements build on launches of Maxigesic IV since the start of the year in the Netherlands, Denmark, Sweden, Norway, and Finland.

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