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Acrux gets good news in Europe

Acrux investors have taken heart from a ruling by the European drug regulator that testosterone therapy does not increase the risk of cardiac problems.

Jessica Gardner

Acrux investors have taken heart from a ruling by the European drug regulator that testosterone therapy does not increase the risk of cardiac problems.

The biotechnology stock surged 24 per cent to $1.28 on Friday after the European Medicines Agency memo.

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Jessica Gardner is The Australian Financial Review’s United States correspondent. She was previously deputy editor - news. 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-gets-good-news-in-europe-20141125-11t20d