Opiant to book $11.7M in Narcan-related income in 2017; shares up 11% premarket [Seeking Alpha]
Opiant Pharmaceuticals, Inc. (OPNT)
Last opiant pharmaceuticals, inc. earnings: 3/4 04:05 pm
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Source: Seeking Alpha
Opiant to book $11.7M in Narcan-related income in 2017; shares up 11% premarketThinly traded nano cap Opiant Pharmaceuticals (NASDAQ:OPNT) is up11% premarket on light volume in response to itsannouncement that it will record $11.7M in NARCAN Nasal Spray royalties and milestone payments for the five-month transition period ended December 31, 2017 as a result of its change of fiscal year-end to calendar year-end.Going forward, it will receive 90% of royalty and milestone payments related to the opioid overdose med directly from Adapt Pharma.Opiant will report its financial results for the five-month transition period ended December 31, 2017 next month.See all stocks on the move »Now read:Pluristem - Hidden Treasures And Sudden Catalysts »
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