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Acrux

Rights acquired to commercialize contraceptive spray

Published in Lab Law Weekly, March 10th, 2006

Acrux (ACR) announced an agreement with the New York-based Population Council, Inc., which enables Acrux to progress toward commercialization of a contraceptive spray, containing the contraceptive drug Nestorone.

Under the agreement, Acrux has a worldwide license from the Population Council to intellectual property covering the use of Nestorone with Acrux's patented metered-dose skin spray delivery technology (MDTS). Acrux will develop and commercialize Nestorone MDTS and has the right to sublicense to commercial partners.

In addition to commercial distribution of the product, Acrux (or its sublicensees) will make Nestorone MDTS available at reduced...

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