Acrux announced that it has concluded an agreement with Gedeon Richter Plc. for Gedeon Richter to buy out the future royalties of Lenzetto for contracted territories for EUR4.10 million, which at current rates of exchange equates to AUD 6.41 million. Royalty payments from the existing agreement were due to conclude early in 2026.

The full contracted sum is payable to Acrux within 15 days. The Gedeon Richter license, and this transaction, excludes rights for Estradiol Spray in the United States, Australia and a limited group of other countries. This transaction optimises the value to Acrux and provides the Company with Working Capital which will be invested into product development and regulatory activities which will lead to progressing the commercialisation of several products for the United States market.