Acrux approved in Germany

Shares in the biotech stock lifted after news its spray on testosterone treatment can now be used in Germany.

Shares in Acrux jumped 2.5% to $3.25 this morning after its spray on testosterone treatment was approved for use in Germany.

Patients within the country, which is the second largest market outside the US and the firm's first entry point into Europe, can now be treated once testosterone deficiency has been confirmed by clinical features and biochemical tests.

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