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Acrux (ACR)

Morningstar recommends a ‘hold’ position on drug company Acrux, with a high fair value uncertainty on its price. The fair value expectation at present is $2.00.

Su-Lin Tan
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Morningstar recommends a “hold" position on drug company Acrux , with a high fair value uncertainty on its price. The fair value expectation at present is $2.00.

“Acrux is trialling a range of applications of its patented transdermal drug delivery technology. These include treatments for menopause, sexual dysfunction, nausea and a contraceptive application," Morningstar analysts said.

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    Original URL: https://www.afr.com/markets/equity-markets/acrux-acr-20140924-jfy9q