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Stock impact report

Lipocine Announces Continued Commercialization of TLANDO® through Verity Pharmaceuticals [Yahoo! Finance]

Lipocine Inc. (LPCN) 
Last lipocine inc. earnings: 11/12 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.lipocine.com
Company Research Source: Yahoo! Finance
System (CNS) disorders, today announced that commercialization of TLANDO® in the U.S. has been transitioned to its licensee Verity Pharma, effective February 1, 2024 , enabling the continuity of patient access to TLANDO. TLANDO is the first and only oral testosterone replacement therapy (TRT) option approved by the US Food and Drug Administration (FDA) that does not require dose titration. In January 2024 , Lipocine and Gordon Silver Limited entered into an exclusive license agreement under which Verity Pharma will market TLANDO® in the United States and, if approved, in Canada . Under the terms of the license agreement, Lipocine has received the second tranche of the $11 million license fee, $5 million . In addition, per the license agreement, Gordon Silver Limited is to make license fee payments of $2.5 million and $1 million no later than January 1, 2025 , and January 1, 2026 , respectively. About TLANDO TLANDO is approved by the FDA as a testosterone replacement therapy ("TR Show less Read more
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