Penwest Pharmaceuticals Co.(fka PPCO)

[10 bagger]

PPCO..$3.51..

Penwest Pharmaceuticals Co.
2981 Route 22
Patterson, NY 12563
United States - Map
Phone: [phone]
Fax: [phone]
Web Site: http://www.penw.com

DETAILS
Index Membership: N/A
Sector: Healthcare
Industry: Drug Delivery
Full Time Employees: N/A


BUSINESS SUMMARY
Penwest Pharmaceuticals Co. develops pharmaceutical products based on drug delivery technologies with focus on products that address disorders of the nervous system. Its proprietary drug delivery technologies include TIMERx, a controlled-release technology; Geminex, a technology enabling drug release at two different rates; SyncroDose, a technology enabling controlled release at the appropriate site in the body; and GastroDose system, a technology enabling drug delivery to the upper gastrointestinal tract. The company offers Opana ER, an oral extended release opioid analgesic for patients with moderate to severe pain requiring continuous opioid treatment using its TIMERx drug delivery technology; and Nifedipine XL for the treatment of hypertension and angina. Its products under development include Nalbuphine ER, a Phase IIa clinical trail product for the treatment of moderate chronic pain; and A0001, a Phase Ib clinical trail product for the treatment of diseases related to the inherited mitochondrial respiratory chain. Penwest Pharmaceuticals Co. has strategic alliance agreement with Endo Pharmaceuticals, Inc. for the development of Opana ER; collaboration and licensing agreement with Edison Pharmaceuticals, Inc. for the development of A0001 and up to one additional drug candidate of Edison?s.; and collaboration agreement with Mylan Pharmaceuticals Inc. for the development of Nifedipine XL. It also has a research and development agreement with Otsuka Pharmaceutical Co. Ltd. to develop a formulation of Otsuka compound utilizing the company?s TIMERx drug delivery technology. The company was founded in 1991 and is based Danbury, Connecticut. Penwest Pharmaceuticals Co. (NasdaqNM:PPCO) operates independently of Penford Corp. as of August 31, 1998.

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UPCOMING EVENTS

Date Event Reminder
3-May-10 Earnings announcement Set a Reminder


RECENT EVENTS

Date Event
16-Mar-10 PENWEST PHARMACEUTICALS CO Files SEC form 10-K, Annual Report
16-Mar-10 Price hit new 52-week high ($3.59)
4-Mar-10 Penwest Pharmaceuticals Earnings Call scheduled for 11:00 am ET today
4-Mar-10 PENWEST PHARMACEUTICALS CO Files SEC form 8-K, Results of Operations and Financial Condition
9-Nov-09 PENWEST PHARMACEUTICALS CO Files SEC form 10-Q, Quarterly Report
5-Nov-09 PENWEST PHARMACEUTICALS CO Files SEC form 8-K, Results of Operations and Financial Condition
10-Aug-09 PENWEST PHARMACEUTICALS CO Files SEC form 10-Q, Quarterly Report
7-Aug-09 PENWEST PHARMACEUTICALS CO Files SEC form 8-K, Results of Operations and Financial Condition
19-Jun-09 Price hit new 52-week high ($3.26)
15-Jun-09 Price hit new 52-week high ($2.87)
11-May-09 PENWEST PHARMACEUTICALS CO Files SEC form 10-Q, Quarterly Report
7-May-09 PENWEST PHARMACEUTICALS CO Files SEC form 8-K, Results of Operations and Financial Condition
16-Mar-09 PENWEST PHARMACEUTICALS CO Files SEC form 10-K, Annual Report
12-Mar-09 PENWEST PHARMACEUTICALS CO Files SEC form 8-K, Entry into a Material Definitive Agreement, Material Modification to R
4-Mar-09 PENWEST PHARMACEUTICALS CO Files SEC form 8-K, Results of Operations and Financial Condition