ACRUX LIMITED — Earnings Release 2017

Jul 25, 2017

ACRUX (ACR) - ASX ANNOUNCEMENT

26 JULY 2017

AXIRON ® NET SALES, QUARTER TO 30 JUNE 2017

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Acrux (ASX: ACR) today confirmed that Eli Lilly and Company reported global Axiron net sales of US$36.8 million in its financial results for the quarter ending 30 June 2017, up from US$27.3 million for the previous quarter to 31 March 2017.

Axiron net sales for the 2017 and 2016 financial years are shown in the following table:

Q1 FY2017	Q2 FY2017	Q3 FY2017	Q4 FY2017	Total FY2017
US$39.0m	US$39.9m	US$27.3m	US$36.8m	US$143.0m
Q1 FY2016	Q2 FY2016	Q3 FY2016	Q4 FY2016	Total FY2016
US$41.4m	US$41.6m	US$37.0m	US$29.3m	US$149.3m

For further information, contact

Michael Kotsanis, CEO and Managing Director: 03 8379 0100

About Acrux

Acrux (ASX: ACR) is a pharmaceutical company dedicated to developing and commercialising specialty and generic topical pharmaceuticals. Incorporated in 1998 and using in house facilities and capabilities, Acrux has successfully developed and commercialised through licensees a number of pharmaceutical products in the US and Europe using the Patchless Patch™, a fast- drying and invisible topical application technology. Marketed products include Axiron[®] , Evamist[® ] and Lenzetto[®] . More recently, in addition to specialty products, Acrux has identified and initiated development of a range of generic products. Acrux is leveraging its on-site laboratories, GMP manufacturing suite, clinical and commercial experience to bring more products to market. Acrux encourages collaboration and is well positioned to discuss partnering and product development.

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

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