Mayne Pharma Group

Mayne Pharma Group

MYX.AX
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MYX.AX · Stock Price

AUD 2.58+0.18 (+7.50%)
Market Cap: $151.9M

Historical price data

Market Cap: $151.9MPipeline: 12 drugs (3 Phase 3)Founded: 1845Employees: 500-1000HQ: Melbourne, Australia

Overview

Mayne Pharma is a specialty pharmaceutical company with a mission to improve patient access to life-enhancing medications through a dual-pillar strategy of proprietary product commercialization and contract services. The company has achieved significant commercial traction in the US with its Women's Health and Dermatology portfolios, supported by a deep expertise in complex oral and topical drug delivery systems. Its current strategic focus is on executing growth within its core therapeutic areas, managing the recently announced acquisition scheme with Cosette Pharmaceuticals, and optimizing its capital allocation to drive shareholder value.

Women's HealthDermatology

Technology Platform

Core expertise in complex drug delivery systems, including proprietary platforms for bioavailability enhancement (SUBA®), taste-masking (CLEANTASTE®), and controlled-release pellet technologies for oral and topical dose forms.

Pipeline

12
12 drugs in pipeline3 in Phase 3
DrugIndicationStageWatch
Sporanox + LozanocNeutropeniaApproved
Halobetasol Topical FoamPlaque PsoriasisApproved
Doxycycline Hyclate Delayed-Release 200 mgGonorrheaApproved
Slow release oral morphine (SROM) + MethadoneOpioid-Related DisordersPhase 3
Permethrin Cream, 5% + ElimiteScabiesPhase 3

Opportunities

Significant growth potential from the recent US launch of EPSOLAY® and TWYNEO® in dermatology, coupled with ongoing expansion of the Women's Health portfolio.
The CDMO business offers a parallel revenue stream by leveraging proprietary formulation technologies for client partnerships.

Risk Factors

High dependence on the US healthcare market exposes the company to pricing and reimbursement volatility.
The pending acquisition by Cosette Pharmaceuticals introduces transaction completion risk and operational uncertainty.

Competitive Landscape

Competes in branded specialty pharma against large-cap players and focused rivals, and in generics against firms with complex capabilities. Differentiation is achieved through proprietary drug delivery technology and a focus on 505(b)(2) products with limited competition.