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Algorae advances Umedica medicine towards Australian approval
9:00am on Monday 19th of October, 2026 AEDT
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Pharmaceuticals
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Algorae advances Umedica medicine towards Australian approval
9:00am on Monday 19th of October, 2026 AEDT
Key Points
Exclusive Australian importer, distributor and commercial partner rights across eight Umedica-branded molecules
Binding licence and supply agreement covers a separate product to be sold under Algorae’s own brand
Product dossier submitted to the TGA, but approval has not yet been granted
Umedica will supply the product and license its dossier and know-how
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Algorae Pharmaceuticals (ASX:1AI)
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