Supernus Pharmaceuticals' CEO will speak at the Piper Sandler Healthcare Conference on December 4, 2024.
Quiver AI Summary
Supernus Pharmaceuticals, Inc. announced that President and CEO Jack A. Khattar will participate in a fireside chat at the 36th Annual Piper Sandler Healthcare Conference on December 4, 2024, in New York City. Investors interested in meetings with the management can contact the conference coordinator, and a live audio webcast of the presentation will be available on the company's website, with an archived replay accessible for 60 days post-conference. Supernus focuses on developing treatments for central nervous system diseases, with a portfolio that includes approved medications for conditions such as epilepsy and Parkinson's disease, as well as ongoing development of novel CNS product candidates. The press release also includes a caution about forward-looking statements and the associated risks and uncertainties.
Potential Positives
- Jack A. Khattar, President and CEO, will present at the respected 36th Annual Piper Sandler Healthcare Conference, indicating the company’s visibility and engagement with investors.
- The participation in a high-profile conference offers an opportunity for Supernus to showcase its diverse CNS portfolio and attract potential investors and collaborators.
- A live audio webcast of the presentation allows for broader access and engagement, enhancing transparency and communication with stakeholders.
- Supernus is developing a range of novel CNS product candidates, showing ongoing commitment to innovation and addressing unmet medical needs in CNS diseases.
Potential Negatives
- The announcement includes a lengthy list of risks and uncertainties that could significantly affect the company's future performance, potentially leading to investor concerns.
- The mention of the company's reliance on preliminary results from clinical studies, especially regarding SPN-820, raises questions about the viability and safety of its product pipeline.
- The press release highlights challenges related to obtaining regulatory approvals and sustaining profitability, which may cast doubt on the company's long-term financial health.
FAQ
What is the date and time of the Supernus Pharmaceuticals fireside chat?
The fireside chat is scheduled for December 4, 2024, at 12:00 p.m. ET.
Where will the Piper Sandler Healthcare Conference be held?
The conference will take place at the Lotte New York Palace in New York City.
How can I access the live audio webcast of the presentation?
The live audio webcast can be accessed via the link provided in the press release or on the Supernus website under Events & Presentations.
What are the key areas of focus for Supernus Pharmaceuticals?
Supernus focuses on CNS diseases, including treatments for epilepsy, migraine, ADHD, and Parkinson’s disease.
Will there be a replay of the webcast after the conference?
An archived replay of the webcast will be available on the company's website for 60 days after the conference.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SUPN Insider Trading Activity
$SUPN insiders have traded $SUPN stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $SUPN stock by insiders over the last 6 months:
- CHARLES W III NEWHALL sold 10,700 shares.
- GEORGES GEMAYEL has traded it 4 times. They made 0 purchases and 4 sales, selling 38,886 shares.
- JACK A. KHATTAR (President, CEO) has traded it 2 times. They made 0 purchases and 2 sales, selling 250,000 shares.
- FREDERICK M. HUDSON sold 8,722 shares.
- FRANK MOTTOLA (SVP, Quality, GMP, Ops, IT) sold 15,000 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SUPN Hedge Fund Activity
We have seen 126 institutional investors add shares of $SUPN stock to their portfolio, and 140 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CONGRESS ASSET MANAGEMENT CO /MA removed 1,023,060 shares (-99.1%) from their portfolio in Q2 2024
- AMERICAN CENTURY COMPANIES INC added 543,270 shares (+108.3%) to their portfolio in Q3 2024
- PACER ADVISORS, INC. added 403,028 shares (+29.9%) to their portfolio in Q3 2024
- BLACKROCK, INC. removed 325,704 shares (-3.1%) from their portfolio in Q3 2024
- GOLDMAN SACHS GROUP INC added 309,304 shares (+52.4%) to their portfolio in Q3 2024
- HSBC HOLDINGS PLC added 236,354 shares (+1687.0%) to their portfolio in Q3 2024
- WOODLINE PARTNERS LP added 188,571 shares (+inf%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
ROCKVILLE, Md., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Supernus Pharmaceuticals, Inc. (Nasdaq: SUPN), a biopharmaceutical company focused on developing and commercializing products for the treatment of central nervous system (CNS) diseases, announced today that Jack A. Khattar, President and CEO of Supernus Pharmaceuticals, will participate in a fireside chat at the 36 th Annual Piper Sandler Healthcare Conference on Wednesday, December 4, 2024, at 12:00 p.m. ET at the Lotte New York Palace in New York City.
Investors interested in arranging a meeting with company management during the conference should contact the Piper Sandler conference coordinator. A live audio webcast of the presentation can be accessed here or by visiting Events & Presentations in the Investor Relations section on the Company's website at www.supernus.com . An archived replay of the webcast will be available for 60 days on the Company's website following the conference.
About Supernus Pharmaceuticals, Inc.
Supernus Pharmaceuticals is a biopharmaceutical company focused on developing and commercializing products for the treatment of central nervous system (CNS) diseases.
Our diverse neuroscience portfolio includes approved treatments for epilepsy, migraine, ADHD, hypomobility in Parkinson’s disease (PD), cervical dystonia, chronic sialorrhea, and dyskinesia in PD patients receiving levodopa-based therapy. We are developing a broad range of novel, first in class CNS product candidates including new potential treatments for hypomobility in PD, epilepsy, depression, and other CNS disorders.
For more information, please visit www.supernus.com .
Forward Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements do not convey historical information but relate to predicted or potential future events that are based upon management's current expectations. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. In addition to the factors mentioned in this press release, such risks and uncertainties include, but are not limited to, the Company’s reporting on preliminary and exploratory open label clinical study on SPN-820, the Company’s ability to sustain and increase its profitability; the Company’s ability to raise sufficient capital to fully implement its corporate strategy; the implementation of the Company’s corporate strategy; the Company’s future financial performance and projected expenditures; the Company’s ability to increase the number of prescriptions written for each of its products and the products of its subsidiaries; the Company’s ability to increase net revenue; the Company’s ability to commercialize its products and the products of its subsidiaries; the Company’s ability to enter into future collaborations with pharmaceutical companies and academic institutions or to obtain funding from government agencies; the Company’s ability to conduct and progress product research and development activities, including the timing and progress of the Company’s clinical trials, and projected expenditures; the Company’s ability to receive, and the timing of any receipt of, regulatory approvals to develop and commercialize the Company’s product candidates including SPN-820 and SPN 830; the Company’s ability to protect its intellectual property and the intellectual property of its subsidiaries and operate its business without infringing upon the intellectual property rights of others; the Company’s expectations regarding federal, state and foreign regulatory requirements; the therapeutic benefits, effectiveness and safety of the Company’s product candidates including SPN-820; the accuracy of the Company’s estimates of the size and characteristics of the markets that may be addressed by its product candidates; the Company’s ability to increase its manufacturing capabilities for its products and product candidates including SPN-820; the Company’s projected markets and growth in markets; the Company’s product formulations and patient needs and potential funding sources; the Company’s staffing needs; and other risk factors set forth from time to time in the Company’s filings with the Securities and Exchange Commission made pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended. The Company undertakes no obligation to update the information in this press release to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated or unanticipated events.
CONTACTS:
Jack A. Khattar, President and CEO
Timothy C. Dec, Senior Vice President and CFO
Supernus Pharmaceuticals, Inc.
(301) 838-2591
Or
INVESTOR CONTACT:
Peter Vozzo
ICR Healthcare
(443) 213-0505
[email protected]