positive results of us physician market resear

  1. 32 Posts.
    ACRUX REPORTS POSITIVE RESULTS OF US PHYSICIAN
    MARKET RESEARCH ON TESTOSTERONE MD-LOTION®

    �� 91% of physicians surveyed in the US rated Testosterone MD-Lotion
    as very good or excellent in being able to improve the patient
    experience, compared with existing gel treatments
    �� 87% of physicians said they would offer Testosterone MD-Lotion to
    their existing gel patients
    Melbourne, 31 July 2008: Acrux (ASX: ACR), today announced the positive
    results of a market research study on the attitudes of physicians towards
    Testosterone MD-Lotion, its novel treatment for hypogonadism currently in a
    Phase 3 trial.
    The study was conducted in two phases, involving the main prescribing groups
    for testosterone therapy. The first phase was qualitative and involved 14 indepth
    interviews with doctors in the US and Australia. The second phase,
    conducted solely in the US with a total of 136 doctors, was a quantitative survey
    and involved 51 Endocrinologists, 53 Urologists, and 32 Primary Care Physicians.
    The objective of the study was to confirm the decision-making process of
    prescribers when diagnosing and choosing a treatment for patients with
    hypogonadism, and to gather their perceptions of Testosterone MD-Lotion
    against existing treatments. The results strongly reinforce the positive findings
    from Acrux’s previous market research with 81 hypogonadal men, which were
    announced in February 2008.
    After being introduced to Testosterone MD-Lotion, 91% of all physicians surveyed
    rated the product very good or excellent in being able to improve the overall
    patient experience, compared with existing gel treatments. This positive
    endorsement of the product complements the results obtained from the previous
    study conducted in patients, which showed that 77% of those who trialled
    Testosterone MD-Lotion for 4 days rated it easier to apply than their existing gel.

    When asked about their intention to prescribe the product, 87% of all physicians
    said they would offer Testosterone MD-Lotion to their existing gel patients and
    62% would offer it to their new patients. This high intent to use amongst
    doctors, coupled with the previous study finding that 62% of patients would
    switch to Testosterone MD-Lotion if their doctor recommended it, provides
    further evidence of the compelling proposition of Testosterone MD-Lotion.
    Commenting on the results, Acrux CEO Richard Treagus said “This positive
    endorsement of Testosterone MD-Lotion by a cross section of US physicians
    complements the strong patient preference already shown by our previous
    research. This provides the clearest indicator yet of the potential for the Acrux
    product to capture a significant share of the US$900 million testosterone therapy
    market”.
 
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