New Pharmacoeconomic Analysis Finds KYZATREX® Could Cut the VA’s Total Cost of Testosterone Care by Nearly Half for America’s Veterans

New Pharmacoeconomic Analysis Finds KYZATREX® Could Cut the VA’s Total Cost of Testosterone Care by Nearly Half for America’s Veterans New Pharmacoeconomic Analysis Finds KYZATREX® Could Cut the VA’s Total Cost of Testosterone Care by Nearly Half for America’s Veterans Model projects up to $16.2 million in potential annual savings for every 50,000 veterans transitioned from office-administered injectable therapy — while expanding treatment choice GlobeNewswire July 28, 2026

RALEIGH, N.C., July 28, 2026 (GLOBE NEWSWIRE) -- As federal leaders place greater emphasis on identifying and addressing testosterone deficiency across America’s military community, Marius Pharmaceuticals today announced findings from a new pharmacoeconomic analysis identifying a potential path to expand treatment choice for veterans while reducing costs to the U.S. Department of Veterans Affairs (VA).

The analysis found that KYZATREX® (testosterone undecanoate) capsules, CIII, could reduce modeled total monthly treatment costs by up to approximately 46% compared with office-administered injectable testosterone. Applied to a modeled population of 50,000 veterans receiving office-administered testosterone replacement therapy (TRT), the analysis projects potential net annual savings to the VA of approximately $16.2 million.

“Federal leaders are bringing long-overdue attention to testosterone health and its potential impact on the well-being of those who serve and have served our country,” said Shalin Shah, CEO of Marius Pharmaceuticals. “As that conversation advances, we must ensure that clinically appropriate treatment is not only accessible, but economically sustainable. This analysis suggests KYZATREX could give eligible veterans a convenient oral treatment option while helping the VA use its resources more efficiently — demonstrating that meaningful pharmaceutical innovation does not have to come at a premium.”

The Sticker Price Is Not the Real Price

Generic injectable testosterone is often perceived as the least expensive TRT option based on drug-acquisition cost alone. The Marius analysis evaluated the fuller cost of office-administered injectable therapy — drug acquisition, injection-administration visits, prescription dispensing and the management of injection-site adverse events — and found that the medication itself is the smallest part of the bill.

Under the base-case model, drug acquisition accounted for just $11.22 of injectable therapy’s modeled monthly cost per patient. Injection-administration visits and prescription dispensing added $61.38 per month, and injection-site adverse events added a modeled $24.38 per applicable patient per month. In other words, nearly 90% of the modeled monthly cost of office-administered injectable testosterone stems from how the drug is delivered and managed — not the drug itself.

Because KYZATREX is taken orally, it eliminates injection-administration visits entirely and carries no modeled injection-site adverse-event costs — producing the modeled reduction of approximately 46% in total monthly cost of care per patient.

When applied to a modeled population of 50,000 veterans receiving office-administered injectable TRT — with injection-site adverse-event costs applied to an estimated 30% of those patients — the analysis projects potential net annual savings of approximately $16.2 million. Because the real-world population of veterans receiving TRT is substantially larger than the modeled population, the broader savings opportunity could be significantly greater, depending on the number of clinically appropriate patients transitioned from office-administered injectable therapy to KYZATREX.

The findings suggest that evaluating only the acquisition price of testosterone medication overlooks the substantial costs of administering and managing treatment — and demonstrate the value of a total-cost-of-care lens when evaluating treatment options for veterans.

Challenging the Cost Premium of Oral Testosterone

The analysis also compared VA drug-acquisition costs for the three FDA-approved oral testosterone undecanoate products, using Federal Supply Schedule pricing and each product’s labeled starting dose.

On that basis, KYZATREX’s modeled annual drug-acquisition cost was approximately 95% lower than JATENZO® and approximately 92% lower than TLANDO®:

Testosterone undecanoate products are not substitutable and may differ in dosing, safety, efficacy and other clinical considerations. Treatment and formulary decisions should be based on FDA-approved prescribing information, individual patient needs and independent clinical judgment.

“As awareness and screening increase, the next critical question is how to ensure that veterans who are appropriately diagnosed can access treatment without creating an unnecessary financial burden on the federal healthcare system or American taxpayers,” Shah added. “Marius is committed to working toward a future in which affordability, innovation and patient choice are not competing priorities.”

Supporting Sustainable Access for Veterans

KYZATREX is an FDA-approved oral testosterone replacement therapy that is used to treat adult men who have low or no testosterone levels due to certain medical conditions. As an oral treatment, KYZATREX eliminates the need for injections and the administration visits associated with office-based injectable therapy.

The analysis is intended to support continued discussion among policymakers, clinicians, formulary decision-makers and veterans’ health advocates about how to expand access to clinically appropriate testosterone care in an economically responsible manner. Complete modeling inputs and methodology are available to qualified formulary decision-makers and policymakers upon request.

Diagnosis of hypogonadism should be confirmed by measuring morning serum testosterone concentrations on at least two separate days. Treatment decisions should be made by qualified healthcare professionals based on each patient’s diagnosis, medical history, clinical needs and the approved prescribing information for the selected therapy.

About the Pharmacoeconomic Analysis

The analysis compared the modeled costs of KYZATREX with testosterone cypionate administered intramuscularly every two weeks in an office setting. Cost inputs included VA Federal Supply Schedule drug pricing, a resource-based cost proxy for injection administration, VA prescription-dispensing costs and modeled costs associated with injection-site adverse events.

The potential $16.2 million annual savings estimate assumes 50,000 veterans receiving office-administered injectable TRT. Actual savings would vary based on the number of eligible veterans, the proportion of patients who self-inject at home, local costs, dosing and the incidence of injection-site adverse events. The analysis excludes laboratory and clinical monitoring common to all testosterone formulations and models treatment at steady state. Acquisition costs evaluated in the analysis do not necessarily reflect the actual prices paid by consumers, pharmacies or third-party payers. The report recommends using local data from individual VA medical centers or Veterans Integrated Service Networks to assess potential annual savings accurately.

VA pharmaceutical prices used in the analysis were obtained from the VA National Acquisition Center Pharmaceutical Catalog, accessed in June 2026. Dosing calculations were based on the FDA-approved prescribing information for each product.

About Marius Pharmaceuticals
Marius Pharmaceuticals strives to better the lives of patients by focusing on therapies designed for hypogonadism or Testosterone Deficiency. The company's vision is to holistically improve metabolic health and mitigate significant unnecessary costs to the global healthcare system. For more information, please visit www.mariuspharma.com.

About KYZATREX® (testosterone undecanoate)
KYZATREX is a proprietary softgel oral formulation absorbed primarily via the lymphatic system (meaning it is not toxic to the liver) and indicated in adult males for conditions associated with a deficiency or absence of endogenous testosterone. The safety and efficacy of KYZATREX was demonstrated in a phase 3, multi-center, open-label, six-month study in 155 hypogonadal males between 18 and 65 years of age with documented hypogonadism, as defined by a below normal serum testosterone level (≤281 ng/dL) and at least one sign or symptom of testosterone deficiency. In the efficacy population (n=139), 88 percent of hypogonadal men treated with KYZATREX achieved a mean plasma total testosterone concentration (Cavg) over 24 hours within the normal range (222-800 ng/dL) on the final pharmacokinetic (PK) visit of the study at Day 90 (primary endpoint). Based on exploratory endpoints, patients who received KYZATREX reported improvements in symptoms of low testosterone, including quality of life, energy/fatigue, erectile function, sexual intercourse, and mood. The most common side effect reported in ≥2 percent of KYZATREX patients was increased blood pressure (2.6%). The safety and efficacy of KYZATREX in males less than 18 years old have not been established.

Please see additional Important Safety Information for KYZATREX below or visit www.kyzatrex.com.

What is KYZATREX®
KYZATREX® (testosterone undecanoate) is a prescription drug that is used to treat adult men who have low or no testosterone levels due to certain medical conditions.

KYZATREX® is a controlled substance (CIII) because it contains testosterone.

It is not known if KYZATREX® is safe or effective in males younger than 18 years old. Improper use may affect bone growth in children.

It is not known if KYZATREX® is safe or effective in men with “age-related hypogonadism” (also referred to as “late-onset hypogonadism”).

KYZATREX® is not meant for use by women.

Important Safety Information for KYZATREX®

Do not take KYZATREX® if you: have breast cancer; have or might have prostate cancer; are a woman who is pregnant (KYZATREX may harm your unborn baby); or are allergic to KYZATREX® or any of its ingredients.

Before you take KYZATREX®, tell your healthcare provider about all of your medical conditions, including if you: have high blood pressure or are treated for high blood pressure; have a history of diabetes; have heart problems; have high red blood cell count (hematocrit) or high hemoglobin laboratory value; have urinary problems due to an enlarged prostate; have liver or kidney problems; or have problems breathing while you sleep (sleep apnea).

Tell your healthcare provider about all the medicines you take, including prescription and over-the-counter medicines, vitamins, and herbal supplements. Taking KYZATREX® with certain other medicines can affect each other. Especially, tell your healthcare provider if you take: insulin; medicines that decrease blood clotting (blood thinners); corticosteroids; or medicines that increase blood pressure, such as some cold medicine and pain medicines.

KYZATREX® may cause other serious side effects including:

Call your healthcare provider right away if you have any of the serious side effects listed above.

The most common side effect of KYZATREX® is high blood pressure. Other side effects may include: headache, joint or back pain, diarrhea, increased red blood cell count, anxiety, constipation, swelling of the legs, and increased prostate specific antigen (PSA) levels.

These are not all the possible side effects of KYZATREX®. For more information, ask your healthcare provider or pharmacist.

You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch or call 1-800-FDA-1088. You may also report side effects to Marius [by visiting www.mariuspharma.com].

Keep KYZATREX and all medicines out of the reach of children.

See Full Prescribing Information and Medication Guide for KYZATREX®.

Media Contact:
Lilly Washburn
lilly@mariuspharma.com


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