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Pharmaxis has a new business model - is it now the least risky biotech stock?

2015-09-21 09:47:29| Biotech - Topix.net

Pharmaxis was still reeling from a shock rejection of its cystic fibrosis drug Bronchitol by US drug regulators when Gary Phillips took charge in March 2013. Amid a frantic search for cash, the former chief operating officer also had to make some tough decisions about the kind of Pharmaxis needed to be if it were to survive.

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Pharmaxis shares soar on German deal

2015-05-18 10:30:20| Biotech - Topix.net

Biotech Pharmaxis has sold an anti-inflammatory drug it was developing to Germany's Boehringer Ingelheim in a deal worth up to $750 million. The news pushed Pharmaxis shares to a two year high, gaining 8.5 cents, or 51.5 per cent, to 25 cents.

Tags: deal german shares soar

 
 

Pharmaxis plunges amid funding stoush

2014-07-08 15:05:24| Biotech - Topix.net

Pharmaxis denies the claims and says the decision to withhold the money could cause problems for an advanced clinical trial of its key cystic fibrosis drug, Bronchitol, in the United States.

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Pharmaxis shares plunge 42pc

2013-04-24 10:21:21| Biotech - Topix.net

SHARES in Pharmaxis have plummeted more than 40 per cent in early trading, after the drug developer reported disappointing results from its late-stage trial of its drug to treat bronchiectasis.

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