'In the ideal position': Neuren Pharmaceuticals books profit and looks to second treatment after positive results

Neuren Pharmaceuticals chief executive Jon Pilcher. (Image: Neuren Pharmaceuticals)

Tue, 27 Aug 2024

Listed pharmaceutical firm Neuren says it is expecting to earn up to A$150 million in royalties in the US for its groundbreaking treatment for Rett Syndrome. Neuren, listed on the Australian Securities Exchange, posted its half-year result for the six months to June 30 on Tuesday. The New Zealand registered company posted an A$8m (NZ$8.7m) after-tax profit, which was a fall from the prior comparable half of $39.8m. Neuren said on Tuesday it earned royalty income of A$24.3m, an increase from A$3.5m in the first half of the 2023 fi...

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