Acrux Divests US Rights for Prilocaine and Lidocaine Cream

Tip Ranks
2025.12.11 23:28
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Acrux Limited has sold its US rights for Prilocaine 2.5% and Lidocaine 2.5% Cream for $550,000. The proceeds will support the development of Hormone Replacement Therapy products. This move aligns with Acrux's strategy to focus on more promising revenue-generating products. The latest analyst rating for Acrux stock is a Hold with a A$0.01 price target.