Opiant Pharmaceuticals, Inc. Reports Financial Results for August 1, 2017, Through December 31, 2017, and Provides Corporate Update
Opiant Pharmaceuticals, Inc. (OPNT)
Last opiant pharmaceuticals, inc. earnings: 3/4 04:05 pm
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Source: GlobeNewswire
SANTA MONICA, Calif., March 07, 2018 (GLOBE NEWSWIRE) -- Opiant Pharmaceuticals, Inc. (“Opiant”) (NASDAQ:OPNT), a specialty pharmaceutical company developing pharmacological treatments for addictions, following the recent approval by its Board of Directors of a resolution changing the Company’s fiscal year-end from July 31 to December 31, today reported financial results for the transition period of August 1, 2017, through December 31, 2017, and provided a corporate update. “After successfully paying back SWK its original investment in 2017, thereby reverting back to a right to receive 90% of royalty and milestone payments related to NARCAN® Nasal Spray and a robust clinical development pipeline advancing as planned, we entered 2018 in a much stronger operating position,” said Roger Crystal, M.D., Chief Executive Officer of Opiant. “NARCAN® continues to gain commercial traction, which resulted in Opiant recording a total of approximately $11.7 million in royalty and milestone rev
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