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Business Description: Acrux Limited (ACR) is an Australian drug delivery business developing and commercialising a range of patient-preferred pharmaceutical products for global markets, using innovative, patented technology to administer drugs through the skin.
Strategy Analysis: ACR intends to progress candidate products a significant way down the development path, ideally until the end of Phase 3 clinical trials, as the potential value capture more than justifying the risk of failure. A product already in market validates the core delivery technology, significantly reducing future development risk. ACR engage marketing partners to commercialize product. ACR may out-license technology for development where it considers it has inadequate expertise or resources.
Acrux reported NPAT up 23% to $57.49m for the year ended 30 June 2011. Revenues from ordinary activities were $93.47m, up 67% from the same period last year. Diluted EPS was 34.51 cents compared to 28.70 cents last year. Net operating cash flow was $65.10m compared to $48.37m last year. The final dividend declared was 60 cents, taking the full year dividend to 60 cents compared with nil cents last year.
An educational booklet to help you learn the language of residential property financing with an introduction on how the tax system can help improve your cashflow.
The Age 26/05/2012 | I WAS reading some old Marcus Today newsletters. From 2003. Let me take you back and allow you to exercise the power of hindsight:
The Age 25/05/2012 | RADIO People are six times more likely to go to an advertiser's website if they have heard the ad on radio, according to research by Colmar Brunton, released by Commercial Radio Australia. The research showed that radio advertising has an immediate effect on people's digital activity, with more than three-quarters of those exposed to advertising visiting a website or Facebook page or searching for the brand online within 24 hours. Commercial Radio Australia chief executive Joan Warner said the ...