Thursday, July 20, 2017

=Pernix Therapeutics (PTX) pre-announces preliminary Q2 2017 financial results



Pernix Therapeutics sees Q2 adj EBITDA $4.5-6.0 mln vs loss $1.4 mln year ago and net revs declining 5-10% y/y to $33-35 mln:
  • Silenor TRx up 1% in the second quarter of 2017 as compared to the first quarter and down 4% year-over-year. Treximet TRx flat in the second quarter of 2017 as compared to the first quarter and down 7% year-over-year.
  • Zohydro ER TRx down 3% in the second quarter of 2017 as compared to the first quarter and down 7% year-over-year; growth rate was impacted by the previously announced 20mg backorder.

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