Lipocine Inc. develops biopharmaceutical products using a proprietary technology platform for effective oral drug delivery. News about LPCN centers on clinical development of LPCN 1154, an oral brexanolone product candidate for postpartum depression, including trial progress, safety reviews and reported efficacy results.
Company updates also cover TLANDO, Lipocine’s oral testosterone replacement therapy, and related license, supply and distribution arrangements in multiple territories. Recurring financial news includes research and development spending, royalty revenue from TLANDO sales, pipeline prioritization and corporate presentations tied to the company’s oral-delivery programs.
Lipocine Inc. (NASDAQ: LPCN) announced the publication of its LPCN 1144 Liver Fat Study results, highlighting the effectiveness of LPCN 1144 in resolving non-alcoholic fatty liver disease (NAFLD) in hypogonadal males. The study, coauthored by experts from Virginia Commonwealth University and the University of Chicago, demonstrates a positive impact on hepatic steatosis and markers of liver injury. The company is also awaiting results from the ongoing Phase 2a LiFT clinical study, expected by the end of 2020, which further evaluates LPCN 1144's potential in treating non-cirrhotic NASH.
Lipocine Inc. (NASDAQ: LPCN), a biopharmaceutical company, announced the dismissal of a shareholder derivative action, Wajda v. Patel, et al., by Vice Chancellor Laster in Delaware on July 31, 2020. The suit, filed on February 15, 2019, against the company's board, was dismissed due to the plaintiff's failure to demonstrate demand futility as per Delaware Chancery Rule 23.1. This development allows Lipocine to move forward without the burden of this litigation.
Lipocine Inc. (NASDAQ: LPCN) announced on July 13, 2020, that it has regained compliance with Nasdaq's minimum bid price requirement, as confirmed by a Nasdaq letter dated July 9, 2020. This development affirms that the company meets the criteria outlined in Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market. This compliance is critical for Lipocine's operations and investor confidence, as it avoids potential delisting threats that could negatively impact stock performance.