Highlights

• LTR Pharma announced an Indian Patent supporting SPONTAN and ROXUS in a 9 November market release.

• The company develops and commercialises men’s health products, including an on-demand nasal spray for erectile dysfunction.

• FY26 Revenue was approximately AUD 1.62 million, compared with AUD 2.10 million a year earlier.

• Shares gained 5.56% intraday on 11 November, with Volume close to their recent average recently.

A patent announcement in India has brought a new geographic development into view for LTR Pharma Limited (ASX:LTP). The men’s health drug developer announced an Indian patent supporting SPONTAN and ROXUS shortly before its shares rose in trading on 11 November 2026.

Patent Announcement in India

A price-sensitive announcement titled “LTR Secures Indian Patent Supporting SPONTAN and ROXUS” was lodged at approximately 8:52am AEDT on 9 November 2026. The available account identified the announcement title but did not contain the patent’s term, detailed claims or commercial arrangements. An application to quote securities and several directors’ interest notices were also lodged on 6 November.

Men’s Health Development

LTR Pharma researches, develops and repurposes medicines with a focus on men’s health. Its commercialisation work includes a rapid-onset, on-demand nasal spray for erectile dysfunction. The company joined the ASX in December 2023 and has since continued to develop its product portfolio, including the products named in the Indian patent announcement.

Financial Position

For the year ended 30 June 2026, revenue reached approximately AUD 1.62 million, compared with about AUD 2.10 million in FY25. The net loss was around AUD 14.16 million, versus approximately AUD 5.59 million a year earlier. Assets totalled about AUD 20.9 million and liabilities were roughly AUD 0.6 million. Shares issued numbered approximately 182.5 million, putting Market Value near AUD 82 million at the quoted intraday price.

What the Market Data Showed

Shares traded around 47.5 cents near 2:40pm AEDT on 11 November, up 5.56% during the session. Approximately 158,650 shares changed hands, close to the recent daily average of 151,000. The 52-week price range was 35 cents to 75 cents. A patent grant establishes an intellectual property development, while regulatory approvals, distribution and sales remain separate issues. The available information did not confirm a dated next milestone.