An Update On Corium International [Seeking Alpha]
CORIUM INTL (CORI)
Last corium intl earnings: 8/9 04:01 pm
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US:NASDAQ Investor Relations:
ir.coriumgroup.com/investor-relations
Company Research
Source: Seeking Alpha
Summary Corium International, Inc. ( CORI ) is a biopharmaceutical company developing Corplex Donepezil, a transdermal patch formulation of donepezil for Alzheimer's disease. Donepezil has been tremendously successful in oral form as Aricept, marketed by Pfizer ( PFE ) and Eisai ( OTCPK:ESALF ), reaching peak annual sales in the billions prior to loss of exclusivity in 2010. CORI is close to marketing approval for Corplex Donepezil, and has real revenues from partnered products already on the market, yet the stock has pulled back quite a bit in the past few months, only finding a bottom recently. Figure 1: CORI chart since I recommended a long back in May, 2018. Note the months of selling beginning late February 2018, with a spike in volume. Note further the recent bottoming out providing a potential entry point. Source: Stockcharts.com . CORI's pivotal bioequivalence study Since I last wrote about CORI in May, 2017, the company made it almost all
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