Immuron achieves record Travelan® sales Travelan® sales YTD Jan 2024 of $2.7 million exceed peak full year FY20 sales of $2.5 million
Australian Travelan® YTD Jan 2024 sales $2.1 million
USA Travelan® YTD Jan 2024 sales $0.6 million
Canadian sales recommenced through McKesson MELBOURNE, Australia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Immuron Limited (ASX: IMC; NASDAQ: IMRN), an Australian based and globally integrated biopharmaceutical company is pleased to announce record sales (unaudited net sales) of Travelan®, an over-the-counter immune supplement that targets pathogenic bacteria and the toxins they produce in the gastrointestinal (GI) tract. Sales of Travelan® increased to AUD $2.1 million YTD Jan 2024 compared to AUD $0.3 million YTD Jan 2023. Australian Bureau of Statistics: short term resident returns in November 2023 were 31% higher than November 2022 1.
1. https://www.abs.gov.au/statistics/industry/tourism-and-transport/overseas-arrivals-and-departures-australia/latest-release
Sales of Travelan® increased to AUD $0.6 million YTD Jan 2024 compared to AUD $0.3 million YTD Jan 2023. International Trade Administration Total U.S. citizen international visitor departures from the United States in November 2023 were 11% higher than in November 2022. 2
2. https://www.trade.gov/us-international-air-travel-statistics-i-92-data.
Flavio Palumbo, Chief Commercial Officer said, “We are excited by the strong sales results on Travelan®. Immuron’s investment to drive awareness of the Travelan® brand has seen strong sales results in Australia over the summer peak travel period. We hope to get similar growth of the brand as we increase our investment and distribution in North America during the spring / summer vacation peak period.” For more information visit: http://www.immuron.com