Next Science (ASX:NXS) - Outgoing CEO and Managing Director, Judith Mitchell
Outgoing CEO and Managing Director, Judith Mitchell
Source: Next Science
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Biotech company Next Science (NXS) has received CE Mark approval for its BlastX product
  • This approval allows Next Science to apply and sell BlastX in each market in the European Union and the United Kingdom
  • BlastX is an antimicrobial wound gel that deconstructs the bacterial biofilm and eliminates the bacteria in wounds to maintain a moist wound environment favourable for healing
  • It is used for the treatment of non-healing wounds such as venous leg ulcers, diabetic foot ulcers, and bed sores
  • Next Science has ended the day 9.7 per cent in the green with shares trading at $1.30

Next Science (NXS) has received CE Mark approval for its BlastX product.

This approval allows Next Science to apply and sell BlastX in each market in the European Union and the United Kingdom.

Additionally, this approval is the second for the company, having received CE Mark approval for its Bactisure Surgical Lavage Product in March.

BlastX is an antimicrobial wound gel that deconstructs the bacterial biofilm and eliminates the bacteria in wounds to maintain a moist wound environment favourable for healing.

It is used for the treatment of non-healing wounds such as venous leg ulcers, diabetic foot ulcers, and bed sores. It also prevents infections in acute wounds and surgical wounds.

Wounds such as these are difficult to treat, cause a decline in quality of life, and increase mortality, pain, and suffering.

A study completed in Texas showed that combining BlastX with custom antibiotics increased chronic wound closures by 40 per cent in a four-week randomised controlled trial.

“The receipt of a CE Mark approval for BlastX represents the successful conclusion of three years of work and marks a major milestone for Next Science as we pursue our mission to heal patients and save lives worldwide by reducing the impacts of biofilms on human health,” Managing Director Judith Mitchell said.

“The CE Mark is a minimum requirement for many other jurisdictions so we can now work on further approvals,” she added.

Next Science has ended the day 9.7 per cent in the green, with shares trading at $1.30 in a $230.1 million market cap.

NXS by the numbers
More From The Market Online
Saccharomyces cerevisiae yeast, 3D illustration.

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Biotech company Tissue Repair Ltd (ASX:TRP) has seen its share price rise more than 30% on news it had gained TGA (Therapeutic
The Market Online Video

Little Green Pharma (ASX:LGP) reports revenue increase in Q4 FY24

This interview discusses Little Green Pharma’s (ASX:LGP) record-breaking quarterly results for June 2024, highlighting a 12% increase in revenue and significant cash receipts.
Illustration representing big data technology.

Opyl forms JV with UK and US consortium to bring products to the world

Medical technology and AI company Opyl Ltd is set to form a joint venture with UK…
Ai gen brain scan

EMVision Medical successfully fabs first prototype of First Responder brain scan device – portable enough for a backpack

EMVision Medical Devices (ASX:EMV) has announced its successful fabrication of a portable on-the-spot brain scanning device.