Adamis Pharmaceuticals Announces Commercial Partnership with Emerge Health for SYMJEPI® in Australia and New Zealand
Adamis Pharmaceuticals Corporation (ADMP)
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Source: GlobeNewswire
SAN DIEGO, Oct. 01, 2019 (GLOBE NEWSWIRE) -- Adamis Pharmaceuticals Corporation (NASDAQ: ADMP) announced today that it has entered into an exclusive distribution and commercialization agreement with Emerge Health Pty (“Emerge”) to register and commercialize Adamis’ SYMJEPI® (epinephrine) Injection products in Australia and New Zealand. Under the terms of the agreement, Adamis will provide technical support to Emerge during the registration process, which could take more than a year. If successful, Adamis will begin supplying product to Emerge. Emerge will be responsible for the full registration, reimbursement, sales, marketing and distribution of SYMJEPI® in Australia and New Zealand (the “Territory”). Once commercially launched, Adamis and Emerge will equally share net profits (as defined in the agreement) generated from sales of SYMJEPI® in the Territory. Based on its experience with the registration process in the Territory, Emerge does not anticipate that a commercial la
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