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Lilly to pay up to $335 million for testosterone solution
16 March 2010
Simon Varcoe

simon.varcoe@informa.com

Lilly is to pay Acrux $50 million up front for the global commercialisation rights to its underarm testosterone solution Axiron.

The Australian company will also receive $3 million in the transfer of manufacturing assets and could receive $87 million on the receipt of US FDA marketing authorisation,...



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