Insys Therapeutics, which markets an opioid and synthetic marijuana drug for cancer pain and CINV, raised $32 million by offering 4 million shares at $8, at low end of the range of $8 to $10. The company had previously filed to offer 4 million shares at a range of $16 to $18. Insys Therapeutics will list on the NASDAQ under the symbol INSY. Wells Fargo Securities and JMP Securities acted as lead managers on the deal
SUBSYS SPRAY
Subsys ® is a proprietary, single-use product that delivers fentanyl, an opioid analgesic, in seconds for transmucosal absorption underneath the tongue.
Drug | Indication | Preclinical | Phase 1 | Phase 2/3 | NDA | Approved |
---|---|---|---|---|---|---|
Subsys® Spray (NDA) | BTCP in Opioid Tolerant Patients | |||||
Dronabinol Oral Solution (Phase 3) | CINV | |||||
Dronabinol Generics | ||||||
Liposomal Encapsulated Paclitaxel (Phase 2) | Metastic Cancers |
We are assembling a product pipeline targeting cancer-supportive care and cancer therapy that we believe can be developed cost efficiently and, if approved, commercialized through a targeted commercial organization.
Drug | Indication | Preclinical | Phase 1 | Phase 2/3 | NDA | Approved |
---|---|---|---|---|---|---|
Fentanyl Sublingual Spray | BTCP in Opioid Tolerant Patients | |||||
Dronabinol Oral Solution (Pre-NDA) | CINV |
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