Amryt Pharma files registration statement for impending Nasdaq listing

Company recently signed distribution agreement with Swixx BioPharma

File photo

File photo

 

Amryt Pharma, which makes treatments for rare conditions, has filed a registration statement for its impending US listing on the Nasdaq.

The company, which recently signed an agreement with Swixx BioPharma of Switzerland for the distribution of its drug Myalepta (metreleptin), said it is not proposing to register any new issuance of securities.

“The registration statement is subject to ongoing review by the US Securities and Exchange Commission (SEC), and the proposed listing of American Depositary Shares (ADSs) representing the company’s shares is subject to approval by Nasdaq,” it said.

Amryt reported combined revenues of $154.1 million (€142 million) in 2019, 13.1 per cent higher than the previous year.

Amryt has been pursuing trials of a potential treatment for a rare hereditary condition, “butterfly skin”, or epidermolysis bullosa, which leads to the blistering of the skin in patients at the slightest touch.