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Tuesday, September 24, 2019

Aytu Bio up 9% premarket on benefit manager coverage of Natesto

Thinly traded nano cap Aytu BioScience (NASDAQ:AYTU) is up 9% premarket on light volume in reaction to its announcement that an unnamed "leading" pharmacy benefit manager (PBM) has added Natesto (testosterone nasal gel) to its formulary.
The company says 30M American lives are covered by prescription plans administered by the PBM.

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