On 4 June, 2021, Pharmaxis (ASX: PXS) hosted an investor briefing with CEO Gary Phillips to update investors on recent achievements and future plans, plus a Q&A with attendees.
Topics discussed in the briefing and question time included:
- Clinical trial stage progress and timelines;
- Anticipated news flow for 2021-2022;
- Commercial opportunities being explored in collaboration with industry leaders Dr Fiona Wood and the Professor Charlie Teo.
Company Summary
Pharmaxis is in a rare microcap air for a pharmaceutical research company that has a commercialised product at market with sales nearing profitability that can fund transformational cancer research. Addressing a substantial market opportunity through targeting of myelofibrosis where current treatment standards are limited, yet still sell upwards of USD $1 billion per year.
In May 2021, Emerald Financial published a research report on Pharmaxis which can be downloaded here.
Samantha Freidin is a business journalist at Emerald Financial whilst also completing a Masters of Marketing and Digital Communications at Monash University.
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