8-K
filed May 5, 2026, 7:59 PM ET
ticker CPIX
CIK 0001087294
M&A
confidence high
sentiment positive
materiality 0.90
Cumberland Pharma enters $100M strategic transaction with Apotex, reports Q1 revenue $9.1M
CUMBERLAND PHARMACEUTICALS INC
- Entered $100M cash deal to sell FDA-approved brand portfolio to Apotex Inc.; subject to shareholder approval and closing conditions.
- Q1 net revenue $9.1M (+5% ex-$3M prior-year milestone); net loss $3.3M; adjusted loss $0.13/share.
- FDA granted Fast Track Designation for ifetroban in Duchenne Muscular Dystrophy; Phase II study showed breakthrough results.
- Ended quarter with $11M cash, $5.2M drawn on credit facility, total assets $71M, equity $21.6M.
Machine-readable event card
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- https://www.sec.gov/Archives/edgar/data/1087294/000108729426000046/cpix-20260505.htm
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