Adamis Pharma changes name to DMK Pharmaceuticals, ticker to DMK, pivots to substance use disorders
DMK PHARMACEUTICALS Corp
- Adamis Pharmaceuticals renamed DMK Pharmaceuticals effective September 6, 2023; new Nasdaq ticker 'DMK' begins September 8, 2023.
- Strategic focus shifts to small-molecule therapies for substance use disorders, including opioid overdose treatment ZIMHI® and clinical compound DPI-125.
- DPI-125 targets opioid use disorder and moderate-to-severe pain; company expects milestones by end 2024 including transdermal delivery, safety study, and abuse liability study.
- No stockholder vote required; CUSIP unchanged; no impact on existing shareholder rights.