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Stock impact report

Supernus to Acquire CNS Portfolio from US WorldMeds

Supernus Pharmaceuticals, Inc. (SUPN) 
Last supernus pharmaceuticals, inc. earnings: 2/25 04:40 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.supernus.com
Company Research Source: GlobeNewswire
 Expands and strengthens neurology portfolio with three marketed CNS products and late-stage pipelineDiversifies revenue and operating cash flow base with 2019 net sales of approximately $150 million and operating earnings of $45 million Enhances long term growth with potential launch of late-stage product candidate in 2021.Upfront cash payment of $300 million, plus cash milestone payments up to $230 millionConference call and webcast at 8:30 a.m. ET  April 29, 2020, to discuss the transaction ROCKVILLE, Md., April 28, 2020 (GLOBE NEWSWIRE) -- Supernus Pharmaceuticals, Inc. (Nasdaq: SUPN), a pharmaceutical company focused on developing and commercializing products for the treatment of central nervous system (CNS) diseases, today announced that the Company entered into a definitive agreement under which Supernus will acquire the CNS portfolio of US WorldMeds, a privately-held biopharmaceutical company. With the acquisition, Supernus adds three established and marketed products i Show less Read more
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