DMK Pharmaceuticals Regains Full Rights From U.S. WorldMeds For SYMJEPI And Provides Corporate Update
Portfolio Pulse from Benzinga Newsdesk
DMK Pharmaceuticals has regained full rights to SYMJEPI from U.S. WorldMeds and is now looking for out-license opportunities for the product both in the US and internationally. The company's focus is on maximizing shareholder value through these efforts.
November 28, 2023 | 1:06 pm
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DMK Pharmaceuticals regaining full rights to SYMJEPI could lead to new licensing deals, potentially increasing revenue and shareholder value.
Regaining full rights to a product like SYMJEPI allows DMK Pharmaceuticals to pursue out-licensing opportunities, which could lead to new revenue streams. This strategic move is likely to be viewed positively by investors as it opens up potential for growth and increased returns, thus potentially leading to a short-term positive impact on the stock price.
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