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Acrux falls 15pc on sales warning

Drug delivery company Acrux has warned it is at risk of missing its next milestone payment from distributor Eli Lilly as concerns about a potential link between testosterone replacement therapy and heart failure hurt US sales.

Jessica Gardner
Jessica GardnerDeputy editor - News
Updated

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Drug delivery company Acrux has warned it is at risk of missing its next milestone payment from distributor Eli Lilly because concerns about a potential link between testosterone replacement therapy and heart failure have hampered sales in the US.

Acrux’s lead product is Axiron, an underarm spray that is used to treat low or no testosterone in men.

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Jessica Gardner is Deputy editor - News. She has previously edited the Companies and Markets section. Connect with Jessica on Twitter. Email Jessica at jgardner@afr.com

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    Original URL: https://www.afr.com/companies/healthcare-and-fitness/acrux-falls-15pc-on-sales-warning-20140428-ihycf