Pharma BD Deal Intelligence

Eli Lilly and Company / Acrux Limited (AXIRON license)

2010 · Licensing/Option · $335M · Terminated

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Mar 15, 2010 Fierce Biotech Bullish

Trade-press coverage of Lilly acquiring the exclusive worldwide AXIRON license, described as the biggest-ever Australian biotech licensing arrangement at up to…

Mar 17, 2010 CosmeticsDesign-Asia Bullish

CosmeticsDesign-Asia framed the deal as Australian biotech Acrux securing a global commercialization partner for its differentiated underarm testosterone…

Nov 09, 2018 Federal Register / FDA Bearish

FDA confirmed Lilly requested withdrawal of the Axiron NDA in September 2017 and that the product was 'not withdrawn from sale for reasons of safety or…

Source summaries from our enrichment pipeline; follow links for originals.

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Lilly entered exclusive worldwide license with Acrux for AXIRON: $50M upfront + $3M manufacturing transfer + $87M FDA marketing approval + $195M commercialization milestones, plus royalties.

Key facts

Related deals — scored

DealYearValueOutcome
Eli Lilly and Company / Acrux Limited (AXIRON license) (this deal)2010$335M
Eli Lilly and Company / Boehringer Ingelheim GmbH2011$444M89
Eli Lilly and Company / Loxo Oncology, Inc.2019$8.0B88
Eli Lilly and Company / Applied Molecular Evolution Inc.2003$400M88
Eli Lilly and Company / ICOS Corporation2006$2.3B87
Eli Lilly and Company / Novartis Animal Health2014$5.4B70
Eli Lilly and Company / Incyte Corporation2009$755M69

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