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IMRN Immuron Ltd

2.32
0.02 (0.87%)
Last Updated: 16:38:06
Delayed by 15 minutes
Name Symbol Market Type
Immuron Ltd NASDAQ:IMRN NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.02 0.87% 2.32 2.30 2.40 2.32 2.30 2.30 568 16:38:06

Immuron achieves record Travelan® sales

13/02/2024 11:00am

GlobeNewswire Inc.


Immuron (NASDAQ:IMRN)
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From Nov 2023 to May 2024

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Immuron Limited (ASX: IMC; NASDAQ: IMRN), an Australian based and globally integrated biopharmaceutical company is pleased to announce record sales (unaudited net sales) of Travelan®, an over-the-counter immune supplement that targets pathogenic bacteria and the toxins they produce in the gastrointestinal (GI) tract.

AustraliaSales of Travelan® increased to AUD $2.1 million YTD Jan 2024 compared to AUD $0.3 million YTD Jan 2023.

Australian Bureau of Statistics: short term resident returns in November 2023 were 31% higher than November 2022 1.

1. https://www.abs.gov.au/statistics/industry/tourism-and-transport/overseas-arrivals-and-departures-australia/latest-release

USASales of Travelan® increased to AUD $0.6 million YTD Jan 2024 compared to AUD $0.3 million YTD Jan 2023.

International Trade Administration Total U.S. citizen international visitor departures from the United States in November 2023 were 11% higher than in November 2022. 2

2. https://www.trade.gov/us-international-air-travel-statistics-i-92-data.

CanadaImmuron have recommenced Travelan® sales in Canada through McKesson.

Flavio Palumbo, Chief Commercial Officer said, “We are excited by the strong sales results on Travelan®. Immuron’s investment to drive awareness of the Travelan® brand has seen strong sales results in Australia over the summer peak travel period. We hope to get similar growth of the brand as we increase our investment and distribution in North America during the spring / summer vacation peak period.”

This release has been authorised by the directors of Immuron Limited.

COMPANY CONTACT:

Steven LydeamoreChief Executive OfficerPh: +61 (0)3 9824 5254info@immuron.com

About ImmuronImmuron Limited (ASX: IMC, NASDAQ: IMRN), is an Australian biopharmaceutical company focused on developing and commercializing orally delivered targeted polyclonal antibodies for the treatment of inflammatory mediated and infectious diseases.

For more information visit: http://www.immuron.com 

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