Veru Inc. (VERU) is a medical-therapeutics company located in Miami, Florida. The firm is primarily focused on developing novel medical solutions for a host of diseases with a specialty in targeted therapeutics for cancer, and sexual dysfunction in men and women. The firm's mission is to make lives better by developing and commercializing innovative, differentiated, and cost-effective premium medical facilities.
Veru Inc. was initially known as "The Female Health Company," founded in 1896. However, it officially changed its name to Veru Inc. in July 2017. The change of name was to reflect its expanded focus beyond female health. Since then, the firm has been a pioneer in addressing clinical needs for oncology, urology, and both men's and women's sexual health.
Veru's portfolio consists of FDA-approved products ranging from the FC2 Female Condom, a global product for dual protection against unwanted pregnancies and the transmission of sexually transmitted diseases, to prescription drugs for hot flashes in menopause patients. Furthermore, the company's robust product pipeline includes groundbreaking treatments such as VERU - 111, an oral, next-generation antitubulin treatment for metastatic prostate cancer.
Veru’s team includes professionals with clinical, regulatory, and commercial experience from leading pharmaceutical and life science corporations, committed to advancing new and innovative medicines clients can rely on. The company operates under the direction of the Chief Executive Officer, Dr. Mitchell Steiner, who is a Urologist and Oncologist himself, showing the company's deep-rooted commitment to its specializations.
Among the remarkable achievements, Veru Inc. received Fast Track designation from the U.S. Food and Drug Administration for its drug, VERU-111, for mTNBC, metastatic prostate cancer, and metastatic castration and taxane resistant prostate cancer, highlighting the company’s dedication to offering effective solutions to critical illnesses.
Over the years, Veru Inc. has demonstrated a commitment to improving life quality through innovative products that prevent and treat severe diseases. They have not only gained the trust of their clients but also the respect of their peers in the medical field. This company serves as an example of how a dedicated focus on innovation and care can save and significantly improve the lives of many worldwide.