By Dean Seal
Windtree Therapeutics said it has contracted with a pharmaceutical manufacturer in China to produce Evofem Biosciences's hormone-free contraceptive product Phexxi at a low cost.
The biotechnology company, Evofem's sourcing partner for Phexxi since March, said Thursday that the contract should cut Phexxi's manufacturing costs by over 50% by the end of 2026.
Windtree expects to start seeing some revenue from the arrangement next year.
Early-stage manufacturing is set to begin later this year.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
June 26, 2025 16:57 ET (20:57 GMT)
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