KemPharm Provides Update on APADAZ® Formulary Adoption
KemPharm, Inc. (KMPH)
Last kempharm, inc. earnings: 2/28 07:30 am
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Source: GlobeNewswire
Conference Call Scheduled for Today, Wednesday, March 13, 2019 at 8:30 a.m. ET Highlights: According to MMIT estimates, the authorized generic for APADAZ has unrestricted formulary access for 91% of Commercial lives and unrestricted access for 90% of state Medicaid livesAccording to MMIT estimates, branded APADAZ® has unrestricted formulary access for 15% of Commercial lives CELEBRATION, Fla., March 13, 2019 (GLOBE NEWSWIRE) -- KemPharm, Inc. (Nasdaq: KMPH), a specialty pharmaceutical company engaged in the discovery and development of proprietary prodrugs, today provided an update on formulary adoption of its FDA-approved prodrug product, APADAZ® (benzhydrocodone and acetaminophen, or APAP, tablets), which has been licensed to KVK-Tech, Inc. for commercialization. According to Managed Markets Insights and Technology (MMIT, www.formularylookup.com) estimates, the authorized generic of APADAZ (benzhydrocodone/APAP, or AG-APADAZ) currently has unrestricted formulary access for 91%
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