Veru Announces the Sale of the FC2 Female Condom® (Internal Condom) Business
Veru Inc. (VERU)
Last veru inc. earnings: 2/12 06:30 am
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
MIAMI, FL, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle for high quality weight loss, oncology, and viral induced acute respiratory distress syndrome, today announced that it has sold its FC2 Female Condom® (Internal Condom) business to clients managed by Riva Ridge Capital Management LP, a New York City-based investment management firm as well as other co-investors, for $18 million, subject to adjustment as set forth in the purchase agreement. “The monetization of the FC2 business allows Veru to be a pure biopharmaceutical company focusing its additional nondilutive resources on the execution and development of its promising late-stage clinical drug pipeline,” said Mitchell Steiner, M.D., Chairman, President, and Chief Executive Officer of Veru Inc. “We are excited about the Company’s successful strategic evolution to the treatment of cardiometabolic dise
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VERU
News
- Veru Inc. (NASDAQ: VERU) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $3.00 price target on the stock.MarketBeat
- Veru Announces the Sale of the FC2 Female Condom® (Internal Condom) Business [Yahoo! Finance]Yahoo! Finance
- Veru Inc. (NASDAQ: VERU) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $3.00 price target on the stock.MarketBeat
- Veru to Present at the 17th International Conference of the Society on Sarcopenia, Cachexia, & Wasting Disorders [Yahoo! Finance]Yahoo! Finance
- Veru to Present at the 17th International Conference of the Society on Sarcopenia, Cachexia, & Wasting DisordersGlobeNewswire
VERU
Earnings
- 8/8/24 - Miss
VERU
Sec Filings
- 1/3/25 - Form 8-K
- 12/17/24 - Form EFFECT
- 12/16/24 - Form 10-K
- VERU's page on the SEC website