{"id":5745,"date":"2024-02-13T01:10:48","date_gmt":"2024-02-13T01:10:48","guid":{"rendered":"https:\/\/economicherald.net\/?p=5745"},"modified":"2024-02-13T01:10:48","modified_gmt":"2024-02-13T01:10:48","slug":"asx-health-stocks-immuron-reports-record-sales-for-its-diarrhoea-drug-travelan","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=5745","title":{"rendered":"ASX Health Stocks: Immuron reports record sales for its diarrhoea drug, Travelan"},"content":{"rendered":"

Immuron reports record sales for Travelan in January
\nNeurotech extends Phase 1\/2 clinical trial for benefit of patients<\/p>\n

\u00a0<\/p>\n

Immuron\u2019s record sales<\/h2>\n

Immuron (ASX:IMC)<\/a><\/strong> has just announced record sales (unaudited) for Travelan<\/strong> for the January period.<\/p>\n

Year to date January sales were $2.7 million in total, which exceeded the peak full year FY20 sales of $2.5 million.<\/p>\n

In Australia, sales of Travelan increased to $2.1 million in January, compared to $0.3 million in the pcp.<\/p>\n

Travelan is an over-the-counter immune supplement that targets pathogenic bacteria and the toxins they produce in the gastrointestinal (GI) tract. It\u2019s an orally administered immunotherapy that reduces the likelihood of contracting travelers\u2019 diarrhoea.<\/p>\n

Immuron previously reported that it had shipped inventory to Amazon for launch in US. The Amazon launch continues to progress well with sales ahead of budget.<\/p>\n

Travelan is also a listed medicine on the Australian Register for Therapeutic Goods.<\/p>\n

\u201cWe hope to get similar growth of the brand as we increase our investment and distribution in North America during the spring and summer vacation peak period,\u201d said Immuron\u2019s chief commercial officer, Flavio Palumbo.<\/em><\/p>\n

\u00a0<\/p>\n

Neurotech extends study<\/h2>\n

Meanwhile, Neurotech International (ASX:NTI)<\/a><\/strong> announced Human Research Ethics Committee (HREC) approval<\/strong> to extend its Phase I\/II clinical trial<\/strong> in autism spectrum disorder (ASD)<\/strong> by another 52 weeks in total.<\/p>\n

The extension was based on requests from the company\u2019s lead investigator, patients and their caregivers, to continue to extend the duration of treatment for these patients.<\/p>\n

The Phase 1\/2 clinical trial examines the daily use of Neurotech\u2019s proprietary broad spectrum cannabinoid drug therapy, NTI164<\/strong>.<\/p>\n

Results so far found that NTI164 continues to exhibit a safety and tolerability profile, with all patients showing stable blood chemistries and normal liver and kidney function.<\/p>\n

The trial is the longest ever study in ASD, examining the safety of a broad spectrum cannabinoid drug treatment.<\/p>\n

Data from this trial will support future regulatory interactions and filings for NTI64.<\/p>\n

\u201cWe continue to focus our resources on completing the current Phase II\/III ASD trial and remain on track to report the results of our Phase II\/III ASD trial in late Q1 2024, to early Q2 2024,\u201d said Dr Thomas Duthy, executive director of Neurotech.<\/em><\/p>\n

\u00a0<\/p>\n

Share prices today:<\/h2>\n

\u00a0<\/p>\n\n

\ufeff<\/span><\/span>\u00a0<\/p>\n

\u00a0<\/p>\n

At Stockhead we tell it like it is. While Neurotech is a Stockhead advertiser, it did not sponsor this article.<\/em><\/p>\n

<\/span><\/p>\n

The post ASX Health Stocks: Immuron reports record sales for its diarrhoea drug, Travelan<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Immuron reports record sales for Travelan in January Neurotech extends Phase 1\/2 clinical trial for benefit of patients \u00a0 Immuron\u2019s record sales Immuron (ASX:IMC) has [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":5746,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nASX Health Stocks: Immuron reports record sales for its diarrhoea drug, Travelan - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=5745\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ASX Health Stocks: Immuron reports record sales for its diarrhoea drug, Travelan - 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