$ZGNX way oversold. Deal for Zohydro worth $283M w milestones and current market cap of ZGNX < $200M
If the company had no other products in the pipeline I could see the negativity on the sale of Zohydro, but they have Relday which could be a biggie- the first once/month sub-cutaneous injection for schizophrenia. This would help ensure patient compliance in a population well documented to not take meds as prescribed.
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