Futura Medical plc
Other OTCCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Alex Duggan
- Full Time Employees
- 14
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- Surrey Technology Centre Guildford SU United Kingdom GU2 7YG
- IPO Date
- May 15, 2012
- Website
- futuramedical.com
- Similar Companies
- Business
- Futura Medical plc Futura Medical plc is a UK-based pharmaceutical research and development company that develops and commercializes clinically proven topical gel formulations for sexual health; its lead product is Eroxon, an over-the-counter topical gel treatment for erectile dysfunction that achieves erections within 10 minutes and is available without prescription in markets including Europe, the US, Middle East, and Latin America; the pipeline includes Eroxon Intense, an enhanced formulation for stronger sensation targeting men preferring greater effect, and WSD4000, a topical treatment addressing symptoms of impaired sexual response and function in women such as lack of desire, arousal, and lubrication, with no known regulatory-approved OTC competitor globally. Founded in 2001 and headquartered at Surrey Technology Centre in Guildford, UK, the company operates a de-risked go-to-market model partnering with major consumer healthcare firms including Haleon plc Haleon plc for US distribution under an IP license agreement generating royalties and milestones, and Cooper Consumer Health for direct sales model launches across multiple European countries; additional partners include Labatec for Middle East markets and M8 Pharmaceuticals in Mexico. Eroxon has expanded to 25 countries since initial 2023 launches in UK and Belgium, with US market entry in October 2024 via Haleon, though HY2025 results reflect slower consumer uptake and repeat sales prompting revised FY2025 revenue guidance to £1.3-1.4 million, inventory provisions, asset impairments, and cash runway into January 2026 pending IP milestone and financing; strategic responses include a comprehensive cost-cutting program, ongoing business review considering asset sales, alternative partnering or licensing for pipeline products, and leadership transition with Alex Duggan appointed interim CEO in August 2025 following departures of prior executives, while Eroxon Intense targets EU/US regulatory approvals by end-2025 and WSD4000 advances toward Q1 2026 FDA feasibility study results.
Company News
Futura Medical revises sale timetable as finance director steps down
Futura Medical plans 2027 Eroxon Intense launch after positive test
Futura Medical upsizes retail offer after strong investor demand
Futura Medical upsizes retail offer after strong investor demand
Dow closes with strong gains as rate fears take a back seat
Bitcoin price recovery narrows odds on higher 2026 targets, prediction market data shows
Futura Medical launches formal sale process alongside £1.6m placing
Futura Medical advances Eroxon pipeline as it reshapes US commercial strategy
Futura Medical gets greenlight for stronger product "Eroxon Intense"
Futura Medical gets greenlight for stronger product "Eroxon Intense"
Futura Medical: US Eroxon deal and WSD4000 breakthrough - ICYMI
Futura Medical: US Eroxon deal and WSD4000 breakthrough - ICYMI
Exxon Mobil updates Q2 earnings considerations, cites impacts across key businesses
Futura to appeal European patent decision
Samsung plunges despite earnings beat, sparking fresh AI stock jitters for Nasdaq names
FTSE 100 Live: Stocks slide despite airlines and defence gains, Microsoft slashes jobs
FTSE 100 Live: Stocks slide despite airlines and defence gains, US tech futures rise
FTSE 100 Live: London index at 10-week high as Sainsbury's, miners and banks climb
Nasdaq leads Wall Street higher at the open as uneasy Iran truce holds
Futura swaps Haleon for Market Performance Group to drive US Eroxon sales - UPDATE