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Stock impact report

Fennec Pharmaceuticals Expands Possible TAM Significantly [Seeking Alpha]

Fennec Pharmaceuticals Inc. (FENC) 
Last fennec pharmaceuticals inc. earnings: 11/12 06:00 am Check Earnings Report
Company Research Source: Seeking Alpha
The company faced challenges and delays in obtaining FDA approval but finally launched PEDMARK® in late 2022, and generated $6.5 million in sales in Q3 2023. The company is poised to start selling PEDMARK® in Germany in May or June 2024. Being added to the NCCN's Adolescent and Young Adult Oncology treatment guidelines, could potentially double the TAM, increasing peak year revenue expectations. Fennec Pharmaceuticals - Overview Fennec Pharmaceuticals ( NASDAQ: FENC ) is a small cap, commercial-stage biotech company with a single drug, PEDMARK®. PEDMARK is a unique formulation of sodium thiosulfate specifically developed for pediatric patients. PEDMARK® is FDA-approved to reduce the risk of ototoxicity or hearing loss associated with cisplatin in pediatric patients 1 month of age and older with localized, non-metastatic solid tumors. The drug is used in children who receive platinum-based chemotherapy. In one study, 60% of children develop irreversible ototoxicity when expose Show less Read more
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