Wellnex Life Ltd ( (AU:WNX) ) has provided an update.
Wellnex Life Limited has received Market Authorisation for its Liquid Paracetamol plus Caffeine Soft Gel from the Therapeutic Goods Administration, adding to its portfolio of innovative consumer health products. This authorisation is expected to enhance revenue opportunities, leveraging existing relationships with domestic and global companies, and further solidifying Wellnex Life’s strategy of being a leading player in the consumer healthcare market.
More about Wellnex Life Ltd
Wellnex Life Limited (ASX: WNX) is a consumer healthcare company that develops, licenses, and markets registered health products and brands. Since its listing in 2021, the company has launched several brands and secured significant licensing arrangements with major pharmaceutical companies in Australia and globally. Wellnex Life has expanded its product offerings with the acquisition of the Australian topical pain relief brand Pain Away, reinforcing its position in the healthcare market.
YTD Price Performance: -1.00%
Average Trading Volume: 10,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €12.4M
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