Company Update
Haleon orders Liquid Paracetamol and Ibuprofen softgel for UAE market, opening fourth national market.
- Confirmed purchase orders since 1 July 2025 c. $4.6 million
- Already invoiced this financial year c. $0.8 million
- Total contract manufacturing value c. $5.4 million
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Wellnex Life Limited ("Wellnex" or the "Company") (ASX:WNX AIM:WNX), an innovative consumer healthcare business with a track record for developing, licensing, and marketing products and brands to customers in the growing healthcare market segment, is pleased to provide the following company update.
Wellnex, through its wholly owned subsidiary BSPS Aust Pty Ltd, has received the opening order from its global partner Haleon plc ("Haleon") for its TGA registered Liquid Paracetamol and Ibuprofen softgel for the United Arab Emirates (UAE). The UAE order opens a fourth national market (after Australia, New Zealand and United Kingdom) in the Haleon global network that will be supported by Wellnex Life and brings an additional product line to our relationship with Haleon in addition to the already launched Liquid Paracetamol softgel.
Whilst the terms of supply, via the Group's manufacturing partner to Haleon remain confidential, the new agreement for the UAE will generate additional revenue for the Company in the current financial year supporting our market forecasts for the year. The launch of this second product validates Wellnex Life's strategic focus on developing innovative consumer healthcare products for its own brands and global supply partnerships.
Wellnex Life since 1 July 2025 has currently received confirmed purchase orders from various contract manufacturing customers of c. $4.6 million. These orders are all expected to be invoiced by no later than the end of December 2025. These confirmed purchase orders are in addition to the contract manufacturing orders of c. $.800K already invoiced this financial year (total: c. $5.4million) and revenues from the Company's other business operations.
Zack Bozinovski, Wellnex Life CEO, said: "We are again excited to see our innovative TGA approved products being launched internationally with such a valued global partner as Haleon. The launch of Liquid Paracetamol and Ibuprofen softgel into the UAE builds on the existing supply agreement for the Liquid Paracetamol softgel which has been supplied into the Australian, New Zealand and United Kingdom markets. We look forward to continuing to partner with global leaders such as Haleon on significant global distribution opportunities for our products into the future."
This ASX/AIM announcement has been authorised by the Board of Wellnex Life Limited (ASX/AIM:WNX).
To learn more, please visit: www.Wellnex Lifelife.com.au/
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.