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NZ's AFT Pharmaceuticals gains on deal to distribute pain management tablets in US



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** Shares of AFT Pharmaceuticals AFT.NZ rise as much as 1.6% to NZ$3.15, their highest level since June 18

** Pharmaceutical co signs agreement with Hikma Pharmaceuticals USA to distribute its patented COMBOGESIC tablets, used for adult pain management, to select markets in the United States

** Adds, the agreement furthers the cooperation between the companies after the April 2021 agreement for the intravenous form, COMBOGESIC IV, and will cover market segments where the IV dose form will be used such as hospitals and ambulatory surgical centres

** Stock has fallen 11.4% this year, as of last close



Reporting by Sherin Sunny in Bengaluru

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