DMK Pharmaceuticals Regains Full Rights To Commercialize ZIMHI After The Termination Of An Exclusive Commercialization And Distribution With US WorldMeds, LLC
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DMK Pharmaceuticals Corporation (NASDAQ:DMK) has regained full rights to commercialize ZIMHI (naloxone) after ending its exclusive deal with US WorldMeds, LLC. DMK is now looking for new commercialization opportunities for ZIMHI in the US, Canada, and Europe, with a focus on first responders in the US due to high demand. The company aims to drive long-term growth and maximize shareholder value by expanding business relationships and executing an ambitious operating plan.
December 21, 2023 | 1:16 pm
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DMK Pharmaceuticals regains full commercialization rights for ZIMHI, seeks new opportunities in North America and Europe, targeting first responders in the US to meet significant demand.
Regaining full commercialization rights for ZIMHI allows DMK to directly benefit from any new partnerships or market expansions. The focus on first responders in the US, where there is a significant demand, could lead to increased revenues and growth, positively impacting the stock price in the short term. The company's proactive approach to seeking new commercialization opportunities and expanding business relationships is likely to be viewed favorably by investors.
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