News

For the latest media releases and news about Pharmaxis Ltd, please select from the following articles. Material news announcements made by Pharmaxis are first filed with the Australian Securities Exchange (ASX) and are also available on the ASX website.

19th Oct 22

PXS announces positive interim data from myelofibrosis trial

  • PXS-5505 continues to exhibit an excellent safety profile with encouraging signs of clinical activity in patients’ ineligible for a JAK inhibitor.
  • 15 out of 24 patients recruited with full recruitment expected by year end and results in Q3 2023.
Read full media release - pdf
19th Oct 22

Pharmaxis Announces Two-Tranche Placement to Raise A$10 Million

  • A$10.0 million two-tranche placement to a small group of international and domestic institutional investors.
  • A$30m pro-forma cash balance post raising.
  • Funds raised will be used to advance the Company’s current clinical study in myelofibrosis, other clinical studies in or close to recruitment in scarring, liver cancer and Parkinson’s disease.
  • Placement announced in conjunction with positive interim data from Myelofibrosis Phase 2 cancer trial. Refer separate announcement dated 19 October 2022.
Read full media release - pdf
26th Sep 22

Pharmaxis Releases Promising Interim Data from Skin Scarring Study

  • Interim data from 8 patients treated with PXS-6302 shows a high level of inhibition of enzymes and changes in biomarkers that are implicated in scarring.
  • Recruitment in the placebo controlled phase of the study has reached over 60% with full recruitment expected by year end and results in H1 2023.
  • Pre-clinical data published in Nature Communications for the first time shows topically applied Pharmaxis pan-LOX inhibitors reduce collagen deposition and cross-linking and improve scar appearance without reducing tissue strength.
Read full media release - pdf