ACRUX LIMITED — Capital/Financing Update 2015

Jul 23, 2015

24[th] JULY 2015

ACRUX (ACR) - ASX ANNOUNCEMENT

AXIRON NET SALES, QUARTER TO 30 JUNE 2015

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Acrux (ASX: ACR) today confirmed that Eli Lilly reported global Axiron net sales of USD$32.4 million in its financial results for the quarter ended 30 June 2015.

Based on IMS data for the United States:

• Market share for both new prescriptions and total prescriptions for the quarter was consistent with recent prior quarters.

• The total number of prescriptions for Axiron in the quarter ended 30 June, 2015 declined by 1% compared to the March 2015 quarter.

Axiron net sales for Acrux’s financial year ended 30 June 2015 and the prior year are shown in the following table:

Q3 2013	Q4 2013	Q1 2014	Q2 2014	Total FY 2014
US$40.6m	US$53.9m	US$39.5m	US$47.1m	US$181.1m
Q3 2014	Q4 2014	Q1 2015	Q2 2015	Total FY 2015
US$36.3m	US$47.6m	US$39.1m	US$32.4m	US$155.4m

For the fiscal year ending 30 June 2015, Acrux earned royalties from Axiron of US$19.2 million, compared to US$22.3 million in the previous year.

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Contact

Michael Kotsanis, CEO and Managing Director: 03 8379 0100

About Acrux

• Acrux is an Australian drug delivery company, developing and commercialising a range of patient-preferred, patented pharmaceutical products for global markets, using its innovative technology to administer drugs through the skin.

• The Acrux technology, used in marketed products including AXIRON[®] , Evamist[®] and Recuvyra™, is based on a fast-drying, small volume, accurately dosed solution, containing penetration enhancers, that when applied topically, deposit drug through the skin for long acting delivery.

• Acrux has three products marketed by licensees in the USA, three products approved in Europe, and further products at earlier stages of development.

For further information on Acrux, visit www.acrux.com.au

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