News: Acrux reports Q3 Axiron sales of $US36M

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    Acrux Limited (ASX:ACR) has reported net sales of Axiron of $US36.3 million in the third quarter by its US licensee Eli Lilly.
     
    The drug delivery company says sales by Lilly, of its key product Axiron, were sitting at $US122.9 million in the 9 months to the end of the third quarter.
     
    The Axiron product is marketed in the US by Eli Lilly under a licensing deal that pays royalties to the company.
     
    No royalties figures were included with the company’s sales report.
     
    Acrux reported a net profit of $27.9 million in the first half of the 2014 financial year.  
 
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