New news on Yahoo from company. They just completed sale of some of their pipeline for almost $30 Mil.. This should wake up the share price and help toward new products, advertising, and expand the launch of some products..
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
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.”