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Acrux Secures $3.04M R&D Rebate, Clears Funding Facility

Acrux Limited has received a $3.04 million R&D Tax Incentive rebate for FY25 and fully repaid its short-term funding facility, underscoring its commitment to Australian pharmaceutical innovation.
Ada Torres
4 Sept 2025

Acrux Navigates Market Headwinds with New US Generics and Saudi Licensing Deal

Acrux Ltd reported a 44% revenue decline and a modest increase in net loss for FY25, while expanding its US topical generics portfolio and entering the Saudi Arabian market. The company signals a strategic pivot amid intensifying competition and lower returns.
Victor Sage
29 Aug 2025

Acrux Expands Reach with 10-Year Saudi Licensing Deal for Dapsone Gel

Acrux Limited has secured a decade-long licensing agreement with Servacure to commercialise its FDA-approved Dapsone 5% Gel in Saudi Arabia, marking a strategic step in its global expansion.
Victor Sage
31 July 2025

Acrux Accelerates US Growth with New Topical Generics and Fresh CEO Leadership

Acrux Limited reports promising revenue growth driven by new topical generic launches in the US and secures crucial RDTI funding, marking a strategic shift under new CEO John Warmbrunn.
Victor Sage
30 July 2025

Acrux Advances $2.19M on FY25 R&D Tax Incentive to Boost Development

Acrux Limited has secured a further $0.46 million advance on its FY25 R&D Tax Incentive, bringing total advances to $2.19 million and supporting its pharmaceutical product development and working capital needs.
Ada Torres
3 July 2025

Acrux Launches Eco-Friendly Dapsone 7.5% Gel in US Acne Market

Acrux Limited, partnering with TruPharma, has introduced its Dapsone 7.5% Gel in the US, featuring a unique tube packaging that aims to improve patient convenience and reduce environmental impact.
Victor Sage
9 May 2025

Acrux Names John Warmbrunn as CEO to Drive Global Growth

Acrux Limited has appointed John Warmbrunn as its new CEO and Managing Director, signaling a strategic push for international expansion and product development starting June 2025.
Ada Torres
7 May 2025

Acrux Accelerates Revenue Growth with New Product Launches and $3.99M Capital Raise

Acrux Limited reports strong momentum from recent topical pharmaceutical launches, driving a significant uptick in profit share income expected in the coming quarter. The company also secured nearly $4 million through a placement and share purchase plan, alongside a $1.73 million R&D-backed loan.
Victor Sage
30 Apr 2025

Acrux CEO Michael Kotsanis to Retire After Decade of Strategic Growth

Acrux Limited announces the retirement of CEO Michael Kotsanis after more than 10 years at the helm, with a search underway for his successor to lead the next phase of growth.
Victor Sage
7 Feb 2025

Acrux Advances with New Ointment Launch and $3.99M Capital Raise

Acrux Limited has launched its Nitroglycerin 0.4% Ointment and successfully raised nearly $4 million, positioning the specialty pharma company for sustained revenue growth.
Victor Sage
30 Jan 2025