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Immuron achieves record Travelan sales Highlights: 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 202

Key Takeaway: Immuron Limited announced record sales of its over-the-counter immune supplement, Travelan, with year-to-date sales of AUD $2.7 million as of January 2024, surpassing previous peak sales figures. The Australian market saw a notable increase in sales, rising to AUD $2.1 million compared to AUD $0.3 million the prior year. The company is optimistic about expanding market presence in North America, especially as travel activities are expected to rise in the upcoming spring and summer seasons. Travelan serves as a prophylactic treatment against travelers' diarrhea, a concern for international travelers.

Market Sentiment Analysis

POSITIVE FACTORS

  • Record sales of Travelan, reaching AUD $2.7 million YTD Jan 2024.
  • Sales in Australia significantly increased compared to the previous year.
  • Positive expectations for North American market growth as sales recommence in Canada.

Full Press Release Details

achieves record Travelan sales
Melbourne, Australia, February 13, 2024: 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 20221.
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
Immuron have recommenced Travelan sales in Canada
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."
This release has been authorised by the directors of Immuron Limited.
is an orally administered passive immunotherapy that prophylactically reduces the likelihood of contracting travelers' diarrhea,
a digestive tract disorder that is commonly caused by pathogenic bacteria and the toxins they produce.
Travelan is a highly purified tabletized preparation of hyper immune bovine antibodies and other factors, which when
taken with meals bind to diarrhea-causing bacteria and prevent colonization and the pathology associated with travelers' diarrhea.
In Australia, Travelan is a listed medicine on the Australian Register for Therapeutic Goods (AUST L 106709) and is indicated
to reduce the risk of Travelers' Diarrhea, reduce the risk of minor gastro-intestinal disorders and is antimicrobial. In Canada,
Travelan is a licensed natural health product (NPN 80046016) and is indicated to reduce the risk of Travelers'
Diarrhea. In the U.S., Travelan is sold as a dietary supplement for digestive tract protection.
About Travelers' diarrhea
is a gastrointestinal infection with symptoms that include loose, watery (and occasionally bloody) stools, abdominal cramping, bloating,
and fever, Enteropathogenic bacteria are responsible for most cases, with enterotoxigenic Escherichia coli (ETEC) playing a dominant
causative role. Campylobacter spp. are also responsible for a significant proportion of cases. The more serious infections with Salmonella
spp. the bacillary dysentery organisms belonging to Shigella spp. and Vibrio spp. (the causative agent of cholera) are often confused
with travelers' diarrhea as they may be contracted while travelling and initial symptoms are often indistinguishable.
Immuron Limited (ASX:
IMC, NASDAQ: IMRN), is an Australian biopharmaceutical company focused on developing and commercializing orally delivered targeted polyclonal
antibodies for the treatment of inflammatory mediated and infectious diseases.
For more information
FORWARD-LOOKING STATEMENTS:
press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, each as amended. Such statements include, but are not limited to, any statements
relating to our growth strategy and product development programs and any other statements that are not historical facts. Forward-looking
statements are based on management's current expectations and are subject to risks and uncertainties that could negatively affect
our business, operating results, financial condition and stock value. Factors that could cause actual results to differ materially from
those currently anticipated include: risks relating to our growth strategy; our ability to obtain, perform under and maintain financing
and strategic agreements and relationships; risks relating to the results of research and development activities; risks relating to the
timing of starting and completing clinical trials; uncertainties relating to preclinical and clinical testing; our dependence on third-party
suppliers; our ability to attract, integrate and retain key personnel; the early stage of products under development; our need for substantial
additional funds; government regulation; patent and intellectual property matters; competition; as well as other risks described in our
SEC filings. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which
any such statement is based, except as required by law.

Frequently Asked Questions

What are the latest sales figures for Travelan?

Travelan recorded AUD $2.1 million in sales year-to-date January 2024.

What is Travelan used for?

Travelan is an immune supplement that prevents travelers' diarrhea and gastrointestinal disorders.

Where is Travelan sold?

Travelan is sold in Australia, Canada, and the U.S. as a dietary supplement.

What causes travelers' diarrhea?

Travelers' diarrhea is mostly caused by pathogenic bacteria like E. coli and Campylobacter.

Who is behind Travelan's development?

Travelan is developed by Immuron Limited, focused on targeted polyclonal antibodies.

Last updated: Feb 13, 2024