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Eli Lilly Announces Worldwide License Agreement

Last updated on Tuesday, March 16, 2010

(INDIANAPOLIS, IN) - Eli Lilly has announced a new exclusive worldwide license agreement with an Australian Drug Development Company.

Lilly would receive the rights to commercialize Axiron, an experimental underarm testosterone solution created by Acrux, which is currently under regulatory review by the U.S. Food and Drug Administration.

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