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Adamis Pharmaceuticals Announces Distribution and Commercialization Agreement for Symjepi

ADAMIS PHARMACEUTICALS (ADMP)  More Company Research Source: GlobeNewswire
Last adamis pharmaceuticals earnings: 11/9 04:16 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.adamispharmaceuticals.com/investor-overview
PDF SAN DIEGO, July 01, 2018 (GLOBE NEWSWIRE) -- Adamis Pharmaceuticals Corporation (NASDAQ:ADMP) (“Adamis”) announced today that it has entered into an exclusive distribution and commercialization agreement with Sandoz Inc. (“Sandoz”), a division of the Novartis Group, to commercialize Adamis’ Symjepi™ product for the emergency treatment of allergic reactions (Type I) including anaphylaxis.   Under the terms of the agreement, Sandoz will obtain the United States commercial rights to Symjepi in exchange for an upfront fee and potential performance-based milestones payments.  Additionally, Adamis and Sandoz will equally share net profits, as defined in the agreement, generated from sales of Symjepi in the U.S.  As part of the agreement, Sandoz will have commercial rights to the FDA-approved Symjepi (epinephrine) Injection 0.3mg product, as well as the Symjepi (epinephrine) Injection 0.15mg product if approved by the FDA.  Under the agreement, Adamis will retain the right to commercializ [Read more]

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