Medexus Announces FDA Approval of GRAFAPEX (treosulfan) for Injection and Provides Business Update
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Medexus Pharmaceuticals has received FDA approval for GRAFAPEX (treosulfan) for injection, with plans for a commercial launch in the first half of 2025. The company anticipates annual revenue from the product to exceed $100 million within five years post-launch.
January 22, 2025 | 4:15 pm
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Medexus Pharmaceuticals has received FDA approval for GRAFAPEX, with a commercial launch planned for 1H 2025. The product is expected to generate over $100 million in annual revenue within five years.
The FDA approval is a significant milestone for Medexus, allowing them to launch GRAFAPEX in the US market. The projected revenue of over $100 million annually within five years indicates strong market potential, likely boosting investor confidence and positively impacting the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100