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Medical Developments International Provides Roadshow Presentation

30 Jun 2020  |  17:36:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: MVP Roadshow Presentation

Medical Developments International provided presentation stating that it has 2 Key operating segments - Pharmaceutical and Medical Devices and also have a significant API development project ongoing in partnership with the CSIRO. The Company updated that Penthrox is a solution to a significant unmet clinical need and market leader for trauma pain wherein 85% of patients reach clinical analgesia within 6-10 breaths. As reported, CRO is ready to commence trial once FDA response received. Also, completion Completion of PASS in Europe is awaiting final Clinical Study Report in Jun/Jul 2020 IND submission targeted for 2021. The Company further updated that it concluded a significant transaction with Daiichi Sankyo for the Chinese, Thai and Vietnamese markets in 2018.

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