Acrux and Dash mutually terminate commercial agreement
Released
Released
Announcement PDF
19 September 2023
Acrux and Dash Pharmaceuticals
mutually terminate commercialisation agreement
Melbourne, Australia; Acrux Limited (ASX:ACR)
Acrux and Dash Pharmaceuticals LLC have mutually agreed to terminate the agreement for
commercialisation of the generic Testosterone Topical Solution product for the United States
market. Acrux retains exclusive ownership of all rights and Intellectual Property associated
with the Product.
With the continued decline in the testosterone market, the Product is no longer commercially
viable for the companies to continue commercialisation and will be withdrawn from sale as
inventory is depleted.
The termination will not have a material impact on Acrux revenue or expenses.
Approved for release by the Acrux Board of Directors.
For more information, please contact:
Michael Kotsanis
Acrux Limited
CEO & Managing Director
P: + 61 3 8379 0100
E: michael.kotsanis@acrux.com.au
About Acrux
Acrux is a specialty pharma company with a successful track record of developing and
commercialising a pipeline of topically applied pharmaceutical products. Drawing on 25 years
of experience, Acrux has successfully marketed through licensees a number of products
worldwide with emphasis on the United States.
Acrux is formulating and developing a range of topical generic products by leveraging its highly
skilled workforce, on-site laboratories, GMP manufacturing suite, technical, clinical and
commercial experience to bring affordable products to market.
Acrux encourages
collaboration and is well positioned to discuss commercial partnering and product
development opportunities.
For further information on Acrux, visit www.acrux.com.au
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