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BTC Health Limited (ASX:BTC) Acquires Exclusive Distribution Rights for Bronchitol(R) and Aridol(R) from Pharmaxis


BTC Health Limited (ASX:BTC) Acquires Exclusive Distribution Rights for Bronchitol(R) and Aridol(R) from Pharmaxis
  
Acquires Exclusive Distribution Rights for Bronchitol(R) and Aridol(R) from PharmaxisMelbourne, July 6, 2021 AEST (ABN Newswire) - BTC Health Limited (
ASX:BTC) is pleased to announce its investee company, BioImpact Pty Ltd, has acquired exclusive distribution rights for specialty respiratory brands Bronchitol(R) and Aridol(R) from Pharmaxis (
ASX:PXS) in Australia, New Zealand, Singapore, Malaysia, Hong Kong and South Korea (Bronchitol(R) only).
The exclusive distribution agreement is effective 1 July 2021, with an initial term of 10 years and automatic renewals for subsequent 3-year terms. Pharmaxis will continue to manufacture and supply Bronchitol(R) and Aridol(R) to BTC health from its TGA approved facility in Sydney. As financial consideration for the distribution rights, BioImpact Pty Ltd will make a once-off payment of $2m to Pharm ....

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S&P/ASX 200 dips on the first day of FY22 after closing out its best year on record


13:48 Thu 01 Jul 2021
S&P/ASX 200 dips on the first day of FY22 after closing out its best year on record
OPEC+ may discuss on Thursday about extending the current oil production cuts beyond its original end date of April 2022.
The crude oil price is near multi-year highs and recorded its seventh monthly gain in the past eight months.
S&P/ASX 200 (INDEXASX:XJO) has slipped 0.48% to 7,277.6 following mixed moves overnight on Wall Street, with the S&P 500 hitting another record high while the Nasdaq fell 0.2%.
The local index has surged 24% in the last 12 months for its best year on record. ....

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