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Auxilium, Prasco partner for generic Testim

6/12/2014

CHESTERBROOK, Pa. — Auxilium Pharmaceuticals, a specialty biopharmaceutical company, on Wednesday announced that it has partnered with Prasco to debut the authorized generic form of Testim gel, which is used to treat adult males with low or no testosterone.



"While Testim has continued to represent an important portion of Auxilium's net sales, we have been proactively planning for this launch in an effort to most strategically position our product franchise to compete in the increasingly crowded and challenging Testosterone Replacement Therapy (TRT) gel market," said Adrian Adams, CEO and president of Auxilium. "We believe the launch of this Authorized Generic of Testim with Prasco could expand the Testim franchise market, build upon our efforts to manage Testim as a mature brand and enable Auxilium to realize maximum shareholder value."



Auxilium will be responsible for the manufacture of the drug and the authorized generic form, as well as for the distribution of branded Testim, the company said.


 

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