Tag Archives: Hawthorn Pharmaceuticals

Pernix Therapeutics Reports Fourth Quarter and Full Year 2012 Financial Results

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Pernix Therapeutics Reports Fourth Quarter and Full Year 2012 Financial Results


Completed Acquisition of Cypress Pharmaceuticals and Hawthorn Pharmaceuticals


Completed the Acquisition of Somaxon Pharmaceuticals in March 2013


Announced Plans to Launch Dr. Cocoa, an OTC Chocolate Flavored Cough & Cold Product Line

THE WOODLANDS, Texas–(BUSINESS WIRE)– Pernix Therapeutics Holdings, Inc. (“Pernix” or the “Company”) (NAS: PTX) , a specialty pharmaceutical company, today announced financial results for the fourth quarter and year ended December 31, 2012.

Financial Results

For the fourth quarter of 2012, net revenues were $18.2 million, compared to $21.4 million for the fourth quarter of 2011. Total net product revenues consisted of 53% revenue contribution from branded products and 47% revenue contribution from generic products in the fourth quarter of 2012.

The net loss for the fourth quarter of 2012 was approximately $(1.4) million, or $(0.05) per basic and diluted share, compared to net income of $3.9 million, or $0.15 per basic and diluted share, for the fourth quarter of 2011.

“This past year was a time for investing and building in Pernix’s continued success,” said Cooper Collins, President and Chief Executive Officer of Pernix. “Looking forward in 2013, we are focused on several key objectives that are expected to drive the Company’s future growth, which include the following: integrating Cypress and Hawthorn, re-launching Silenor by our newly-combined Pernix and Hawthorn sales forces, initiating our Phase III clinical trials for our pediatric product, launching Dr. Cocoa, an OTC chocolate flavored cough and cold product for the 2013-2014 cough and cold season, beginning the development of Silenor as an OTC product, and working toward the IND filings of two products in Hawthorn’s pipeline. We are also capitalizing on the synergies of our acquisitions, and improving efficiencies across all of our operations.”

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Source: FULL ARTICLE at DailyFinance

Pernix Therapeutics to Present at the 25th Annual ROTH Growth Conference

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Pernix Therapeutics to Present at the 25th Annual ROTH Growth Conference

THE WOODLANDS, Texas–(BUSINESS WIRE)– Pernix Therapeutics Holdings, Inc. (NAS: PTX) , a specialty pharmaceutical company, today announced that Cooper Collins, President and Chief Executive Officer, will present at the 25th Annual ROTH Growth Stock Conference on Tuesday, March 19, 2013 at 9:30 a.m. PDT. The conference will be held at The Ritz Carlton in Dana Point, CA.

The presentation will be broadcast live over the Internet and can be accessed on the Company’s website, www.pernixtx.com, under “Webcasts and Presentation” on the investor relations section. The audio-recording of the presentation will be archived on the Company’s website for approximately 30 days following the conclusion of the presentation.


About Pernix Therapeutics Holdings, Inc.

Pernix Therapeutics is a specialty pharmaceutical company primarily focused on the sales, marketing, manufacturing and development of branded, generic and OTC pharmaceutical products. The Company manages a portfolio of branded products, including the recently acquired Hawthorn Pharmaceuticals‘ product line. The Company’s branded products for the pediatrics market include CEDAX®, an antibiotic for middle ear infections, NATROBA™, a topical treatment for head lice marketed under an exclusive co-promotion agreement with ParaPRO, LLC, and a family of treatments for cough and cold (ZUTRIPRO®, BROVEX®, ALDEX® and PEDIATEX®). The Company’s branded products for gastroenterology include OMECLAMOX-PAK®, a 10-day treatment for H. pylori infection and duodenal ulcer disease, and REZYST™, a probiotic blend to promote dietary management. The Company promotes its branded pediatric and gastroenterology products through its sales force. Pernix markets its generic products through its wholly-owned subsidiaries, Cypress Pharmaceutical and Macoven Pharmaceuticals. The Company’s wholly-owned subsidiary, Great Southern Laboratories, manufactures and packages products for the pharmaceutical industry in a wide range of dosage-forms. A product candidate utilizing cough-related intellectual property is in development for the U.S. OTC market. Founded in 1996, the Company is based in The Woodlands, TX.

Additional information about Pernix is available on the Company’s website located at www.pernixtx.com.

Pernix Therapeutics Holdings, Inc.
Joseph T. Schepers, 800-793-2145 ext. 3002
Director, Investor Relations
jschepers@pernixtx.com

KEYWORDS:   United States  North America  California  Texas

INDUSTRY KEYWORDS:

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Source: FULL ARTICLE at DailyFinance

Pernix Therapeutics to Report Fourth Quarter and Full Year 2012 Financial Results on March 18, 2013

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Pernix Therapeutics to Report Fourth Quarter and Full Year 2012 Financial Results on March 18, 2013


Management to Host a Conference Call on March 18 at 9:00 a.m. EST

THE WOODLANDS, Texas–(BUSINESS WIRE)– Pernix Therapeutics Holdings, Inc. (NAS: PTX) , a specialty pharmaceutical company, today announced that it will release its fourth quarter and full year 2012 financial results before the U.S. stock market opens on Monday, March 18, 2013 and has scheduled a conference call at 9:00 am EST that day to discuss the financial results.

The conference call will feature remarks by Cooper Collins, President and Chief Executive Officer, and David Becker, Chief Financial Officer. To participate in the conference call, please dial (888) 510-1786 (domestic) or (719) 785-1753 (international). Participants can reference the passcode 5442195. Please dial in approximately 5 minutes prior to the call.

The conference call will also be available via a live listen-only webcast and can be accessed through the Investor Relations section of the Company’s website, www.pernixtx.com. Please allow extra time prior to the call to visit the Company’s website and download any software that may be needed to listen to the webcast.

A replay of the conference call will be available through March 25, 2013, at (888) 203-1112 (domestic) or (719) 457-0820 (international). The passcode for the replay is 5442195. An online archive of the webcast will be available on the Company’s website for 30 days following the call.


About Pernix Therapeutics Holdings, Inc.

Pernix Therapeutics is a specialty pharmaceutical company primarily focused on the sales, marketing, manufacturing and development of branded, generic and OTC pharmaceutical products. The Company manages a portfolio of branded products, including the recently acquired Hawthorn Pharmaceuticals‘ product line. The Company’s branded products for the pediatrics market include CEDAX®, an antibiotic for middle ear infections, NATROBA™, a topical treatment for head lice marketed under an exclusive co-promotion agreement with ParaPRO, LLC, and a family of treatments for cough and cold (ZUTRIPRO®, BROVEX®, ALDEX® and PEDIATEX®). The Company’s branded products for gastroenterology include OMECLAMOX-PAK®, a 10-day treatment for H. pylori infection and duodenal …read more
Source: FULL ARTICLE at DailyFinance