Supernus Pharma Stock Price, News & Analysis

Supernus Pharmaceuticals (Nasdaq: SUPN) announced its participation in two investor conferences in November 2021. The Stifel 2021 Virtual Healthcare Conference is scheduled for November 15 at 2:00 p.m. EST, featuring a fireside chat format. The Jefferies London Healthcare Conference will take place on November 18, with a pre-recorded session available from 3:00 a.m. EST / 8:00 a.m. GMT. Live webcasts and archived replays of both chats will be accessible on the company’s website for 60 days post-conference.

Supernus Pharmaceuticals reported a 12% increase in total revenues for the first nine months of 2021, reaching $420.7 million compared to $376.8 million in 2020. However, Q3 revenues decreased by 4% to $148.5 million year-over-year. The company is diversifying its Parkinson's portfolio through the proposed $450 million acquisition of Adamas Pharmaceuticals, aiming to enhance revenue and cash flow. Key product Qelbree saw accelerated growth, with a significant rise in prescriptions. Financial guidance for 2021 reflects an increase in operating earnings, with total revenue expected between $550 million and $570 million.

Supernus Pharmaceuticals (Nasdaq: SUPN) announced that it will report its third quarter 2021 financial results on November 3, 2021, after market close. The company's President and CEO, Jack Khattar, along with SVP and CFO Tim Dec, will host a conference call at 4:30 p.m. ET to discuss the results and address questions. A live webcast will be accessible on their website, with a recording available for 60 days thereafter. Supernus specializes in CNS disease treatments, including epilepsy and ADHD, and is developing new potential therapies.

Holly Robinson Peete and her daughter Ryan are collaborating with Supernus Pharmaceuticals to enhance awareness about Attention-deficit/Hyperactivity Disorder (ADHD) during ADHD Awareness Month. With ADHD affecting 6.1 million U.S. children, Peete aims to reduce stigma and promote understanding of the condition. Supernus Pharmaceuticals supports this initiative, emphasizing the importance of recognizing ADHD's symptoms and encouraging families to seek treatment. The partnership offers resources at MoreToADHD.com for those affected by the disorder.

Supernus Pharmaceuticals announced its agreement to acquire Adamas Pharmaceuticals for $8.10 per share in cash, totaling approximately $400 million. The deal includes contingent value rights that could raise the total to $9.10 per share, based on sales milestones of GOCOVRI. This acquisition is strategically significant as it strengthens Supernus's Parkinson's disease portfolio with two FDA-approved products, GOCOVRI and Osmolex ER, and is expected to generate $60 million to $80 million in synergies in the first year. The transaction is projected to close in Q4 2021 or Q1 2022.

Supernus Pharmaceuticals (Nasdaq: SUPN) announced that the FDA has accepted its supplemental new drug application for Qelbree (viloxazine extended-release capsules) aimed at treating ADHD in adults. The sNDA's user fee goal date is set for April 29, 2022. A Phase III study previously showed significant efficacy and tolerability of Qelbree in adult patients. Qelbree, already approved for pediatric use, represents a new treatment option for approximately 10 million adults with ADHD in the U.S., according to CEO Jack Khattar.

Supernus Pharmaceuticals, focused on CNS disease treatments, will participate in three key virtual investor conferences in September 2021.

• Citi’s 16th Annual BioPharma Virtual Conference: September 9, 2021, one-on-one meetings.
• Wells Fargo 2021 Virtual Healthcare Conference: September 10, 2021, presentation at 9:20 a.m. ET.
• Morgan Stanley 19th Annual Global Healthcare Conference: September 15, 2021, fireside chat at 11:45 a.m. ET.

Webcasts available on their website post-conference.

Supernus Pharmaceuticals reported second quarter 2021 revenues of $141.3 million, a 12% increase from the previous year. The launch of Qelbree for pediatric ADHD saw net product sales of $0.3 million. Operating earnings were $34.1 million, down from $45.5 million in 2020. Net earnings and diluted EPS were $23.7 million and $0.43, respectively, compared to $34.7 million and $0.65 a year prior. The company has $855.3 million in cash as of June 30, 2021. Financial guidance for the full year remains unchanged at $550 - $580 million in total revenues.

Supernus Pharmaceuticals (Nasdaq: SUPN) announced it will report its second quarter 2021 financial results on August 4, 2021, after market close. A conference call will be held on the same day at 4:30 p.m. ET, led by CEO Jack Khattar and CFO Jim Kelly, to discuss these results. Attendees can join via dial-in or a live webcast on the company’s website. Supernus specializes in developing treatments for central nervous system diseases and has a diverse portfolio that includes approved medications for conditions like epilepsy and Parkinson's disease.