Adamis Announces Agreement to Sell Portion of US Compounding Business
The transaction aligns with Adamis stated goal of focusing its efforts on the development of its prescription pharmaceutical pipeline.
- The transaction aligns with Adamis stated goal of focusing its efforts on the development of its prescription pharmaceutical pipeline.
- Adamis expects to use the proceeds from the sale for general corporate purposes and to fund ongoing development of its pipeline.
- Adamis is developing additional products, including treatments for acute respiratory diseases, such as COVID-19, and radiation dermatitis.
- Certain of these risks and additional risks, uncertainties, and other factors are described in greater detail in Adamis filings from time to time with theU.S.