regulatory
confidence high
sentiment positive
materiality 0.65
Aytu BioPharma gets FDA approval for Adzenys site transfer; 15% margin improvement expected
AYTU BIOPHARMA, INC
- FDA approved Prior Approval Supplement to transfer Adzenys XR-ODT manufacturing to contract manufacturer in 2023.
- Cotempla XR-ODT bioequivalence study completed; site transfer PAS submission expected mid-2023 with approval by late 2023 or early 2024.
- Upon completion of both site transfers, Aytu expects 15% margin improvement for ADHD product line.
- Manufacturing of Adzenys and Cotempla at contract facility expected to begin late 2023 and early 2024 respectively.