Adamis Pharmaceuticals Announces Production of Products by its Subsidiary US Compounding to Aid in the COVID-19 Pandemic
Adamis Pharmaceuticals Corporation (ADMP)
Last adamis pharmaceuticals corporation earnings: 11/12 04:16 pm
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Source: GlobeNewswire
SAN DIEGO, April 01, 2020 (GLOBE NEWSWIRE) -- Adamis Pharmaceuticals Corporation (NASDAQ: ADMP) today announced that its wholly owned drug outsourcing facility, US Compounding Inc. (USC), has shifted part of its production to provide medical-grade hand sanitizers to hospitals and health care workers to assist in the ongoing fight against COVID-19. USC began manufacturing sanitizers after the Food and Drug Administration (FDA) issued guidance enabling FDA-registered outsourcing facilities, such as USC, to formulate certain alcohol-based hand sanitizer products for the duration of the public health emergency declared by the Secretary of Health and Human Services (HHS) on January 31, 2020. The first batches of product will be shipped to hospitals in New York, which has been one of the hardest hit areas in the U.S. Dr. Dennis J. Carlo, President and Chief Executive Officer of Adamis stated, “With demand for hand sanitizer currently outpacing supply, we have moved expeditiously to
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