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Tolmar Announces Acquisition of JATENZO® (Testosterone – Press Release

Launched in 2020, JATENZO was the first oral softgel testosterone drug to receive FDA approval in the United States in more than 60 years
JATENZO is an oral softgel testosterone undecanoate for testosterone replacement therapy in adult men for conditions associated with deficiency or absence of endogenous testosterone, including primary hypogonadism (congenital or acquired) and hypogonadotropic hypogonadism (congenital or acquired)
Strong alignment with Tolmar’s strategy to acquire and develop therapies targeting diseases and conditions in urology, oncology and rare diseases, leveraging the company’s focus and commitment to the urology community and men’s health

buffalo grove, sick., October 28, 2022 /PRNewswire/ — Tolmar Pharmaceuticals, Inc., a fully integrated pharmaceutical company, through its subsidiary Tolmar, Inc., announced today that it has acquired all rights to JATENZO® by Clarus Therapeutics Holdings, Inc. CRXTQ and its wholly owned subsidiary, Clarus Therapeutics, Inc. (collectively, “Clarus”). Following a competitive auction process, Tolmar was selected as the winning bidder in the sale of JATENZO (and certain related assets) and the sale was approved by the US District Bankruptcy Court Delaware.

“The addition of JATENZO to Tolmar’s robust portfolio further strengthens our position as a leader in urology and men’s healthcare,” said Anil D’Souza, President and Chief Executive Officer of Tolmar Pharmaceuticals. “We have had enormous success in urology with our ELIGARD basic therapy®, a market-leading product for advanced prostate cancer. This acquisition advances Tolmar’s overall business strategy, offers significant growth potential and helps advance our mission of empowering patients through our therapies. Additionally, we are confident that adding JATENZO to the products promoted by our successful urology sales force will result in rapid and more profitable growth for this differentiated product.”

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