Sucampo Pharmaceuticals (NASDAQ:SCMP)

Sucampo Pharmaceuticals (NASDAQ:SCMP)

Sucampo Pharmaceuticals (NASDAQ:SCMP) is a worldwide biopharmaceutical organization essentially centered around the innovative work (R&D) of medications. Its principle item, AMITIZA, is the main chloride channel activator produced for the treatment of endless blockage. It may not be the sexiest item, but rather the best medications once in a while are.

Since 2006, AMITIZA, otherwise called lubiprostone, has been administered more than 10 million times. As of now, it is accessible as a little oral gelcap taken twice per day and is endorsed for three signs that spread unmistakable patient sorts: unending idiopathic obstruction (CIC), fractious inside disorder with blockage (IBS-C), and opioid-prompted clogging (NYSE:OIC).

From 2011 to 2015, Sucampo’s income grew 178%, a normal rate of around 30% every year. Surprisingly better, 2015 was the biggest development year since the dispatch of AMITIZA. In the principal quarter of 2016, the organization developed income 60% year over year and developed free income (NYSE:FCF) by 360% year over year.

Presently Sucampo is detailing that medication for new demographics and adding new items to its pipeline also. It has three new types of AMITIZA in Phase 3 of clinical trials (the last stage before business dispatch): one for youngsters 6-17 years of age, one for six months to six years of age, and one as a substitute detailing to make it simpler for youthful kids to take.

Furthermore, Sucampo has a medication called Cobiprostone in Phase 2 of clinical trials to treat oral mucositis. It takes out manifestations like mouth torment, injuries, contaminations, and draining that create in patients accepting radiation and chemotherapy. On the off chance that these trials are fruitful, Sucampo will have the capacity to make a more various arrangement of items to better shield it from any unexpected industry changes.

Past making an aggressive item, Sucampo has set up various vital associations to grow their span and help its main concern. The organization has permitting concurrences with Mylan, Harbin Gloria Pharmaceuticals, and Takeda Pharmaceutical to achieve the Japanese, Chinese, and U.S. what’s more, Canadian markets individually.

About Travis Garlick 1822 Articles
Been writing about and trading stocks since 2013. Manage a group of micro-cap investors on Facebook with over 15,000 members. Turned $8,500 into 185k the first year I started trading stocks and haven't looked back.