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Medac

Full company profile

uuid000bjik

Namestring
Medac
Legal namestring
medac GmbH
Company typeenum
Private
Founded yearint
1970
Descriptiontext

Medac GmbH is a privately-owned German specialty pharmaceutical company founded in 1970 and headquartered in Wedel, near Hamburg. The company focuses on four therapeutic areas — rheumatology, urology, hematology, and oncology — developing, manufacturing, and distributing proprietary pharmaceutical products and diagnostics. Its core capabilities include sterile pharmaceutical manufacturing at three sites in Germany (Wedel, Dessau-Roßlau) and the Czech Republic (Brno), a portfolio of established and innovative products (notably GRAFAPEX/treosulfan for stem cell transplantation and the Hexvix blue light cystoscopy diagnostic for bladder cancer), and decades of expertise in addressing unmet therapeutic needs.

The company's business model combines direct pharmaceutical product sales with a licensing and partnership channel for geographic expansion. Products are sold and distributed through a wholly-owned subsidiary network covering at least 15 countries across Europe, Asia, and the Middle East, reaching healthcare providers in over 90 countries. Selected products (e.g., GRAFAPEX in the US) are commercialized via licensing partners such as Medexus Pharmaceuticals, which launched the product in February 2025 and projects it to exceed $100M in annual product-level net revenue within five years. The company also operates a CDMO service offering leveraging its manufacturing infrastructure, and engages in medical-scientific collaborations such as the 2026 EAU symposium with Photocure ASA. With 2,000+ employees globally, Medac serves a diversified base of healthcare providers (hospitals, transplant centers, oncology clinics, and specialist practices) with regulated, quote-based pricing through national healthcare systems and distribution channels.

Short descriptiontext

Medac is a privately-owned German specialty pharmaceutical company founded in 1970, developing and manufacturing proprietary drugs and diagnostics across rheumatology, urology, hematology, and oncology for distribution in 90+ countries.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersWedel, Germany
HQ citystring
Wedel
HQ countrystring
Germany
HQ regionstring
Europe
Markets served

Serves global market

Offices16 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
specialty pharmaceuticals, oncology therapeutics, hematology treatments, urology therapies, rheumatology medications
Industry3 codes
PRIMARYHLAIAAAC
Oncology & Hematology Pharmaceuticals
Healthcare & Life Sciences/Pharmaceuticals/Branded (Innovator) Pharmaceuticals
SECONDARYHLAIAAAM
Nephrology & Urology Pharmaceuticals
Healthcare & Life Sciences/Pharmaceuticals/Branded (Innovator) Pharmaceuticals
SECONDARYHLAIAAAB
Specialty Care Pharmaceuticals
Healthcare & Life Sciences/Pharmaceuticals/Branded (Innovator) Pharmaceuticals
NAICS code2 codes
  • Pharmaceutical Preparation Manufacturing325412
  • Pharmaceutical and Medicine Manufacturing3254
SIC code1 code
  • Pharmaceutical Preparations2834
Product category
Specialty Pharmaceuticals
No data
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Pharmaceutical Product Sales
TypeOne Time License
Description

Direct sales of proprietary pharmaceutical products and diagnostics across four key therapeutic areas: rheumatology, urology, hematology, and oncology. Products manufactured in Germany and Europe and distributed globally.

medac-group.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Medac develops, manufactures, and distributes proprietary pharmaceutical products and diagnostics across four key therapeutic areas: rheumatology, urology, hematology, and oncology. All products are manufactured in Germany and Europe to the highest pharmaceutical standards, including sterile manufacturing for oncology and hematology treatments, and are distributed across more than 90 countries worldwide. The company also licenses products to regional commercialization partners in selected territories.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • GRAFAPEX achieved 30% sequential quarter-over-quarter growth in underlying patient demand
+1 more record
Product overview1 text field

medac is a privately-owned pharmaceutical company founded in Germany in 1970, specializing in improving established pharmaceutical products and diagnostics as well as developing new therapies. The company operates across four key therapeutic areas: Rheumatology (key treatments for chronic rheumatic diseases), Urology (proprietary products addressing unmet therapeutic needs), Hematology (innovative products for stem cell transplantation therapies), and Oncology (reliable supply of medicinal products and supportive therapeutics). All products are manufactured in Germany and Europe to the highest standards and distributed across over 90 countries worldwide. The company also collaborates on diagnostic technologies like Hexvix blue light cystoscopy for bladder cancer diagnosis.

Product and service5 records
1Rheumatology Treatments
CategoryRheumatology therapeutics
Description

Key rheumatological treatment improved by medac, targeting chronic treatment needs across a broad spectrum of patients with rheumatic diseases, bringing significant improvement to patients' quality of life.

2Urology Products
CategoryUrology therapeutics
Description

A range of proprietary urological products developed to address unmet therapeutic needs. Urology has been a focus area of highest importance for medac, with the company active in this field from almost the very beginning of its corporate history.

3Hematology Products
CategoryHematology therapeutics
Description

Innovative products for therapies before and after stem cell transplantation, addressing critical needs in hematology and finding new treatment approaches for rare diseases. Includes GRAFAPEX (treosulfan) for stem cell transplantation, which is licensed to Medexus Pharmaceuticals for the US market.

4Oncology Products
CategoryOncology therapeutics
Description

Medicinal products and supportive therapeutics across a range of oncological indications, including sterile pharmaceutical production, representing a key focus and cornerstone of medac's decades-long track record of reliable supply in cancer care.

5Hexvix Blue Light Cystoscopy
CategoryUrology diagnostics
Description

Bladder cancer diagnostic product used in blue light cystoscopy procedures, part of medac's collaboration with Photocure for optimizing bladder cancer care pathways, presented at the 2026 European Association of Urology congress.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-03-01
Description

Medac participated in a scientific symposium with Photocure at the 2026 European Association of Urology congress focused on optimizing bladder cancer care pathways. Both companies operate in urology space with complementary products for bladder cancer diagnosis and treatment.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

German-headquartered specialty pharmaceutical company of comparable scale with a diversified portfolio across multiple therapeutic areas and global distribution. Comparable to medac in being a privately-aligned, vertically-integrated German pharma with manufacturing in Europe and broad geographic reach.

TypeDirect peer
Description

Privately-owned German specialty pharmaceutical company with focus on aesthetics, neurology, and specialty therapeutics. Comparable to medac as a privately-held German pharma with diversified specialty portfolio and long operating history.

TypeBroad incumbent
Description

European specialty pharmaceutical company with strong oncology and urology franchises. Comparable to medac in its specialty focus on oncology and urology, though Ipsen operates as a larger publicly-listed entity with a broader commercial footprint.

TypeBroad incumbent
Description

Italian specialty pharmaceutical company with operations across multiple therapeutic areas including urology and rare diseases. Comparable to medac in its European specialty pharma positioning and presence in urology and rare disease segments.

TypeBroad incumbent
Description

Spanish specialty pharmaceutical company with European focus on dermatology and specialty therapeutics. Comparable to medac as a European-headquartered specialty pharma operating across multiple therapeutic areas with manufacturing and distribution in core European markets.

TypeBroad incumbent
Description

Japanese pharmaceutical company with significant urology and oncology franchises including stem cell transplantation products. Comparable to medac in its overlapping urology and hematology focus, though Astellas operates at substantially greater scale.

TypeEmerging player
Description

Norwegian specialty pharmaceutical company focused on bladder cancer diagnosis with Hexvix/Cysview blue light cystoscopy. Direct strategic collaboration partner of medac in bladder cancer care and a peer in the urology oncology space.

TypeEmerging player
Description

North American specialty pharmaceutical company licensing GRAFAPEX from medac for US commercialization. Directly comparable as a specialty pharma partner with overlapping therapeutic area focus in hematology and transplantation.

TypeBroad incumbent
Description

Belgian specialty pharmaceutical company with strong presence in immunology and rheumatology. Comparable to medac in its specialty pharma positioning and overlapping rheumatology therapeutic focus.

TypeBroad incumbent
Description

Global pharmaceutical leader with deep oncology and hematology franchises. Comparable to medac in its overlapping oncology and hematology focus, though BMS operates as a substantially larger innovator with first-in-class capabilities.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries7 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Medac

Specialty Pharmaceuticalsinternational.medac.de

Medac is a privately-owned German specialty pharmaceutical company founded in 1970, developing and manufacturing proprietary drugs and diagnostics across rheumatology, urology, hematology, and oncology for distribution in 90+ countries.

What Medac does

Medac GmbH is a privately-owned German specialty pharmaceutical company founded in 1970 and headquartered in Wedel, near Hamburg. The company focuses on four therapeutic areas — rheumatology, urology, hematology, and oncology — developing, manufacturing, and distributing proprietary pharmaceutical products and diagnostics. Its core capabilities include sterile pharmaceutical manufacturing at three sites in Germany (Wedel, Dessau-Roßlau) and the Czech Republic (Brno), a portfolio of established and innovative products (notably GRAFAPEX/treosulfan for stem cell transplantation and the Hexvix blue light cystoscopy diagnostic for bladder cancer), and decades of expertise in addressing unmet therapeutic needs.

The company's business model combines direct pharmaceutical product sales with a licensing and partnership channel for geographic expansion. Products are sold and distributed through a wholly-owned subsidiary network covering at least 15 countries across Europe, Asia, and the Middle East, reaching healthcare providers in over 90 countries. Selected products (e.g., GRAFAPEX in the US) are commercialized via licensing partners such as Medexus Pharmaceuticals, which launched the product in February 2025 and projects it to exceed $100M in annual product-level net revenue within five years. The company also operates a CDMO service offering leveraging its manufacturing infrastructure, and engages in medical-scientific collaborations such as the 2026 EAU symposium with Photocure ASA. With 2,000+ employees globally, Medac serves a diversified base of healthcare providers (hospitals, transplant centers, oncology clinics, and specialist practices) with regulated, quote-based pricing through national healthcare systems and distribution channels.

Medac firmographics

Firmographics
Name
Medac
Legal name
medac GmbH
Website
https://international.medac.de
Company type
Private
Founded year
1970
Operating status
Operating
Headcount range
501–1,000 employees
Short description
Medac is a privately-owned German specialty pharmaceutical company founded in 1970, developing and manufacturing proprietary drugs and diagnostics across rheumatology, urology, hematology, and oncology for distribution in 90+ countries.
Ownership category
akta.pro rank

Medac industry classification

Industry
Product category
Specialty Pharmaceuticals
NAICS
Pharmaceutical Preparation Manufacturing (325412), Pharmaceutical and Medicine Manufacturing (3254)
SIC
Pharmaceutical Preparations (2834)
akta.pro industry
PRIMARYHLAIAAAC
Oncology & Hematology Pharmaceuticals
Healthcare & Life Sciences/Pharmaceuticals/Branded (Innovator) Pharmaceuticals
SECONDARYHLAIAAAM
Nephrology & Urology Pharmaceuticals
Healthcare & Life Sciences/Pharmaceuticals/Branded (Innovator) Pharmaceuticals
SECONDARYHLAIAAAB
Specialty Care Pharmaceuticals
Healthcare & Life Sciences/Pharmaceuticals/Branded (Innovator) Pharmaceuticals

Keywords

  • Specialty pharmaceuticals
  • Oncology therapeutics
  • Hematology treatments
  • Urology therapies
  • Rheumatology medications

Where Medac is headquartered

Location

Headquarters

HQ city
Wedel
HQ country
Germany
HQ region
Europe

Offices16 records

Markets served

Medac business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Pharmaceutical Product Sales: Direct sales of proprietary pharmaceutical products and diagnostics across four key therapeutic areas: rheumatology, urology, hematology, and oncology. Products manufactured in Germany and Europe and distributed globally.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Medac product offering

Product offering

Core offering

Medac develops, manufactures, and distributes proprietary pharmaceutical products and diagnostics across four key therapeutic areas: rheumatology, urology, hematology, and oncology. All products are manufactured in Germany and Europe to the highest pharmaceutical standards, including sterile manufacturing for oncology and hematology treatments, and are distributed across more than 90 countries worldwide. The company also licenses products to regional commercialization partners in selected territories.

Product overview

medac is a privately-owned pharmaceutical company founded in Germany in 1970, specializing in improving established pharmaceutical products and diagnostics as well as developing new therapies. The company operates across four key therapeutic areas: Rheumatology (key treatments for chronic rheumatic diseases), Urology (proprietary products addressing unmet therapeutic needs), Hematology (innovative products for stem cell transplantation therapies), and Oncology (reliable supply of medicinal products and supportive therapeutics). All products are manufactured in Germany and Europe to the highest standards and distributed across over 90 countries worldwide. The company also collaborates on diagnostic technologies like Hexvix blue light cystoscopy for bladder cancer diagnosis.

Differentiator

Problem solved

Functional benefit

Products and services

  • Rheumatology Treatments Key rheumatological treatment improved by medac, targeting chronic treatment needs across a broad spectrum of patients with rheumatic diseases, bringing significant improvement to patients' quality of life.
  • Urology Products A range of proprietary urological products developed to address unmet therapeutic needs. Urology has been a focus area of highest importance for medac, with the company active in this field from almost the very beginning of its corporate history.
  • Hematology Products Innovative products for therapies before and after stem cell transplantation, addressing critical needs in hematology and finding new treatment approaches for rare diseases. Includes GRAFAPEX (treosulfan) for stem cell transplantation, which is licensed to Medexus Pharmaceuticals for the US market.
  • Oncology Products Medicinal products and supportive therapeutics across a range of oncological indications, including sterile pharmaceutical production, representing a key focus and cornerstone of medac's decades-long track record of reliable supply in cancer care.
  • Hexvix Blue Light Cystoscopy Bladder cancer diagnostic product used in blue light cystoscopy procedures, part of medac's collaboration with Photocure for optimizing bladder cancer care pathways, presented at the 2026 European Association of Urology congress.

Quantifiable outcome

  • GRAFAPEX achieved 30% sequential quarter-over-quarter growth in underlying patient demand
  • +1 more outcomes

Companies that use Medac

Customer profile

Named customers1 record

Segments4 records

Ideal customer profiles2 records

Medac technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Medac partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Photocure ASAminorStrategic or Co-development Partner · 1 March 2026Medac participated in a scientific symposium with Photocure at the 2026 European Association of Urology congress focused on optimizing bladder cancer care pathways. Both companies operate in urology space with complementary products for bladder cancer diagnosis and treatment.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Medac competitors and assessment

Company assessment

Direct peers

  • Stada Arzneimittel: German-headquartered specialty pharmaceutical company of comparable scale with a diversified portfolio across multiple therapeutic areas and global distribution. Comparable to medac in being a privately-aligned, vertically-integrated German pharma with manufacturing in Europe and broad geographic reach.
  • Merz Pharma: Privately-owned German specialty pharmaceutical company with focus on aesthetics, neurology, and specialty therapeutics. Comparable to medac as a privately-held German pharma with diversified specialty portfolio and long operating history.

Broad incumbents

  • Ipsen: European specialty pharmaceutical company with strong oncology and urology franchises. Comparable to medac in its specialty focus on oncology and urology, though Ipsen operates as a larger publicly-listed entity with a broader commercial footprint.
  • Recordati: Italian specialty pharmaceutical company with operations across multiple therapeutic areas including urology and rare diseases. Comparable to medac in its European specialty pharma positioning and presence in urology and rare disease segments.
  • Almirall: Spanish specialty pharmaceutical company with European focus on dermatology and specialty therapeutics. Comparable to medac as a European-headquartered specialty pharma operating across multiple therapeutic areas with manufacturing and distribution in core European markets.
  • Astellas Pharma: Japanese pharmaceutical company with significant urology and oncology franchises including stem cell transplantation products. Comparable to medac in its overlapping urology and hematology focus, though Astellas operates at substantially greater scale.
  • UCB: Belgian specialty pharmaceutical company with strong presence in immunology and rheumatology. Comparable to medac in its specialty pharma positioning and overlapping rheumatology therapeutic focus.
  • Bristol-Myers Squibb: Global pharmaceutical leader with deep oncology and hematology franchises. Comparable to medac in its overlapping oncology and hematology focus, though BMS operates as a substantially larger innovator with first-in-class capabilities.

Emerging players

  • Photocure ASA: Norwegian specialty pharmaceutical company focused on bladder cancer diagnosis with Hexvix/Cysview blue light cystoscopy. Direct strategic collaboration partner of medac in bladder cancer care and a peer in the urology oncology space.
  • Medexus Pharmaceuticals: North American specialty pharmaceutical company licensing GRAFAPEX from medac for US commercialization. Directly comparable as a specialty pharma partner with overlapping therapeutic area focus in hematology and transplantation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Medac financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Medac leadership team

Management profile

Number of profiles

Profiles1 record

Medac subsidiaries and ownership

Company hierarchy

Subsidiaries7 records

Medac funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Medac M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Medac

What does Medac do?

Medac develops, manufactures, and distributes proprietary pharmaceutical products and diagnostics across four key therapeutic areas: rheumatology, urology, hematology, and oncology. All products are manufactured in Germany and Europe to the highest pharmaceutical standards, including sterile manufacturing for oncology and hematology treatments, and are distributed across more than 90 countries worldwide. The company also licenses products to regional commercialization partners in selected territories.

Is Medac a public or private company?

Medac is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Medac founded?

Medac was founded in 1970. It employs 501 to 1,000 people.

Where is Medac based?

Medac is headquartered in Wedel, Germany, in the Europe region.

How does Medac make money?

One revenue line is on record: pharmaceutical Product Sales.

Who are Medac's main competitors?

Direct peers on record are Stada Arzneimittel and Merz Pharma. Broad incumbents are Ipsen, Recordati, Almirall, Astellas Pharma, UCB and Bristol-Myers Squibb. Emerging players are Photocure ASA and Medexus Pharmaceuticals.

Does Medac have an API?

No public API is recorded for Medac.

What industry is Medac in?

Medac's product category is Specialty Pharmaceuticals. Its primary akta.pro industry code is HLAIAAAC, Oncology & Hematology Pharmaceuticals, with a secondary code of HLAIAAAM, Nephrology & Urology Pharmaceuticals. Its NAICS code is 325412 and its SIC code is 2834.

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Live signals
BioSpaceMedexus Announces Fiscal Q1 2027 Results With Strongest Quarter of Product-Level Performance of GRAFAPEX (Treosulfan) to DateMedexus reported fiscal Q1 2027 net revenue of $28.6 million, up 16.3% year-over-year, with product-level net revenue from GRAFAPEX reaching $4.9 million. The company expects GRAFAPEX to generate $30–32 million in product-level net revenue for fiscal 2027 and $100–175 million annually within five years.BioSpaceMedexus Announces Fiscal Q3 2026 Results, Driven by Continued Strong Year-To-Date Product-Level Performance of GRAFAPEX (treosulfan) for InjectionMedexus Pharmaceuticals reported fiscal Q3 2026 results for the three-month period ended December 31, 2025, with net revenue of $25.3 million, a 15.7% decrease year-over-year, driven primarily by reduced sales from generic competition on Rupall and the termination of the US Gleolan license agreement. The company's flagship product GRAFAPEX (treosulfan) generated $2.0 million in product-level net revenue during Q3, with strong momentum including 30% sequential quarter-over-quarter growth in underlying patient demand and adoption by 32% of US transplant centers. The company entered a new $21 million credit agreement with National Bank of Canada, repaid a $7.5 million milestone obligation to medac, and reiterated its expectation that GRAFAPEX will exceed $100 million in annual product-level net revenue within five years of its February 2025 US launch.GlobeNewswirePromising cooperation between medac and chiron for the development of organ-on chip technologymedac and chiron biotechnology are collaborating to develop animal-free drug testing using organ-on-chip technology. They will test methotrexate on joint-cell chips as a reference substance for efficacy. The partnership aims to establish alternative methods for pharmaceutical drug development.GlobeNewswiremedac unveils new Global Corporate Brandmedac unveiled a new global corporate brand on March 11, 2024, with a violet logo and the claim 'Improving human health.' The brand consolidates its position as a key player in pharmaceuticals, with operations in 91 countries and a focus on rheumatology, urology, hematology, and oncology.PR NewswireMedac GmbH Advances Pharmacovigilance Technology for Safety Monitoring of its Drugs with ArisGlobal Solutionsmedac, a German pharmaceutical company specializing in oncology, hematology, urology, and autoimmune diseases, has selected ArisGlobal's LifeSphere Safety platform to modernize its pharmacovigilance and drug safety processes. The platform will provide end-to-end automation, artificial intelligence, and analytics for adverse event management and intelligent safety analysis. ArisGlobal, headquartered in the United States with global offices, gains medac as a new customer for its flagship safety solutions suite.PR NewswireMedac GmbH treibt mit ArisGlobal Solutions die Pharmakovigilanz-Technologie zur Überwachung der Arzneimittelsicherheit voranGerman pharmaceutical company medac has selected ArisGlobal's LifeSphere Safety platform to modernize its drug safety and pharmacovigilance processes. The platform will provide end-to-end automation, AI, and analytics across three products including LifeSphere MultiVigilance, Reporting and Analytics, and EV Triage to minimize patient treatment risks. The partnership aims to make adverse event management and drug safety analysis more intelligent and efficient for medac's operations in oncology, hematology, urology, and autoimmune diseases.GlobeNewswireMedexus Expects Record Revenue for Fiscal Q3 2023 and Provides Business UpdateMedexus Pharmaceuticals announced preliminary revenue estimates for fiscal Q3 2023, expecting total revenue between $28.5 million and $29.0 million, a record quarter with at least a 34% year-over-year increase. The company also updated its treosulfan regulatory status, noting medac may take up to a year or more to respond to FDA requests.GlobeNewswireMedexus Provides Update on Treosulfan NDA Resubmission and Provides Business UpdateMedexus was informed that the FDA issued a second incomplete response notice to medac regarding the treosulfan NDA resubmission, requesting further information without new clinical data. Medexus will update shareholders once the resubmission is accepted, and it has now recognized 100% of Gleolan U.S. net sales for September 2022.PR NewswireGlycostem and medac enter into license, manufacturing, supply and commercialization agreement for Glycostem's lead product - oNKord®Glycostem Therapeutics, a Netherlands-based clinical-stage biotech company developing allogeneic NK cell therapies for cancer, has entered into a partnership with German pharmaceutical company medac GmbH to commercialize its lead product oNKord® for acute myeloid leukemia and multiple myeloma patients in Europe. Under the agreement, medac receives exclusive commercialization rights in the EU, UK and additional European countries, while Glycostem receives an undisclosed upfront payment, manufacturing revenues, and potential milestone payments tied to development and sales achievements. This marks Glycostem's second commercialization agreement following its deal with inno.N for Korea and Japan, reflecting growing industry interest in off-the-shelf NK cell therapies as alternatives to CAR-T treatments.GlobeNewswireTreosulfan NDA Resubmitted to FDAMedac resubmitted treosulfan's NDA to the FDA, responding to a May 2022 information request. The pivotal phase 3 trial met its primary endpoint and key secondary endpoints, showing superiority over busulfan. FDA review is expected within six months, with a potential U.S. launch in the first half of 2023.