Adamis Pharmaceuticals: Strong Buy Before Huge Potential Catalyst
Window of opportunity is still open for Adamis Pharmaceuticals in the $1.2B EpiPen market with their Epinephrine Pre-Filled Syringe product.
The improved EPI PFS design includes features that should allow it to achieve meaningful penetration in both non-retail and consumer markets.
Mylan’s EpiPen pricing and recall mess over the past year has government and consumers demanding that another viable choice be made available.
Adamis has a growing compounding pharmacy business, strong pipeline, increasing institutional ownership, and is fully funded for the next 9-12 months with recent $17M secondary.
Mid-June PDUFA for EPI PFS presents a strong potential catalyst for the stock.
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