Evofem Biosciences Says Vaginal Contraceptive Gel Phexxi Approved In Nigeria
(RTTNews) - Evofem Biosciences, Inc. (EVFM) announced Thursday that its hormone-free contraceptive vaginal gel Phexxi has been approved by the Nigerian Regulatory Agency NAFDAC (National Agency for Food and Drug Administration and Control). This is the first regulatory approval outside the U.S.
The regulatory dossiers have also been submitted in Ghana, Ethiopia and Mexico. The product will be potentially marketed under the brand name Femidence.
Nigeria is the most populous country in Africa and the seventh largest country in the world, with 45 million women of reproductive age.
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Lupin Divests U.S. Commercial Women's Health Specialty Business To Evofem Biosciences
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Evofem Biosciences Names Albert Altro As Interim CFO
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Evofem Biosciences, Inc. (EVFM) announced Tuesday it has reached an agreement with one of the nation's largest pharmacy benefit managers (PBMs) to ensure most women covered by this plan can fill their Phexxi prescriptions for pregnancy prevention, without restrictions such as prior authorization or step therapy. Phexxi is an on-demand method of birth control used to prevent pregnancy.
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Swiss Market Ends Notably Lower
The Switzerland market ended notably lower on Wednesday after languishing in negative territory right through the day's session, as investors reacted to weak economic data, digested a slew of corporate earnings announcements, and looked ahead to some key U.S. economic data due later in the week.
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U.S. Dollar Retreats As GDP Growth Slows
The U.S. dollar pulled back against its major counterparts in the New York session on Wednesday, as a slowdown in GDP growth outweighed optimism about strong ADP data.
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