Clarus Therapeutics Holdings, Inc.

Clarus Therapeutics Holdings, Inc.

CRXTQ
Clarus Therapeutics Holdings, Inc.US flagOther OTC
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72,829.00Market Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Robert E. Dudley
Full Time Employees
16
Sector
Healthcare
Industry
Drug Manufacturers - General
Address
555 Skokie Boulevard Northbrook IL United States of America 60062
IPO Date
Feb 9, 2021
Business
Clarus Therapeutics Holdings, Inc. (CRXTQ) operates as a pharmaceutical company focused on the development and commercialization of androgen and metabolic therapies, primarily oral testosterone replacement products for men in the United States. The company offers JATENZO, a soft gel oral formulation of testosterone undecanoate indicated for treating hypogonadal men; licensing agreements for androgen therapies targeting inflammatory breast disease and certain breast cancers via HavaH Therapeutics, and proprietary technology from The Royal Institution for the Advancement of Learning/McGill University to address CoQ10 deficiency-related conditions. Founded in 2003 and headquartered in Northbrook, Illinois, Clarus targets endocrinology and men's health segments with operations centered in the U.S. In recent major changes, Clarus Therapeutics filed for voluntary Chapter 11 reorganization on September 5, 2022, in the U.S. Bankruptcy Court for the District of Delaware, followed by a court-supervised auction of JATENZO assets concluding on October 14, 2022; implemented a roughly 40% workforce reduction including sales personnel and discontinued certain R&D activities and the HavaH Therapeutics partnership in August 2022; and completed its plan of liquidation effective February 28, 2023, resulting in the company going out of business.