Generating Revenue25 May 2017 08:12
of 10.5m EUR already!
RNS:
Amryt, the pharmaceutical company focused on best-in-class treatments for rare and orphan diseases, will hold its Annual General Meeting this morning and Chairman, Harry Stratford, will make the following comment on current trading:
"The Group has made substantial progress since its admission to trading on AIM in April 2016 and this has continued in the new financial year.
"As previously reported on 30 March 2017, sales of Lojuxta are expected to generate revenues of EUR 10.5m on an annualised basis and management is encouraged by 'real-world' data results* as it seeks to increase sales of this cholesterol-lowering agent in the treatment of the Homozygous Familial Hypercholesterolaemia ("HoFH") across its licenced territories.
"The pivotal Phase 3 trial, "EASE", which is evaluating AP101, the Company's lead development asset, as a potential treatment for Epidermolysis Bullosa ("EB"), the distressing skin disorder, enrolled its first patient in April and the trial remains on track to be one of the largest studies of its kind in this rare disease.
"The Board continues to view prospects very positively."