Spray-on HRT product to go on sale in US
Australian biotech company Acrux, based in Melbourne, expects its spray-on hormone replacement product, EvaMist, designed for women with menopause symptoms, to go on sale in the US shortly.
Australian biotech company Acrux, based in Melbourne, expects its spray-on hormone replacement product, EvaMist, designed for women with menopause symptoms, to go on sale in the US shortly.
It will be sold by KV Pharmaceuticals, which last year acquired the exclusive US marketing rights to the product from Acrux's US licensee, VIVUS, for an initial US$150m (Euro 94.3m), most payable on the product receiving US FDA approval. EvaMist is expected to be available in Australia next year.
The company expects women to like the product because it does not interact with other drugs being taken orally, and means they can take a lower dose to produce the same effect. "The product is sprayed onto the skin rather than taken orally or via a patch, is convenient and offers women a choice," said Acrux ceo Richard Treagus.
Acrux is also developing a novel contraceptive spray, currently being tested in Melbourne.