Acrux's sales impress

Acrux's share price has jumped 11% after the company reported sales of US$47m for its Axiron testosterone treatment for the three months to 30 June, up 19% on the previous quarter and unchanged from the same quarter last year. Total sales for the financial year came to $US181m, up 46% on the previous year, generating $22m in royalties for Acrux and a milestone payment of $25m. This is a surprisingly positive result given that the number of Axiron prescriptions written has fallen 25% since the FDA launched an investigation into the safety of testosterone products earlier this year, and...

Acrux's share price has jumped 11% after the company reported sales of US$47m for its Axiron testosterone treatment for the three months to 30 June, up 19% on the previous quarter and unchanged from the same quarter last year. Total sales for the financial year came to $US181m, up 46% on the previous year, generating $22m in royalties for Acrux and a milestone payment of $25m.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles