Eagle Pharmaceuticals and Spectrum Pharmaceuticals Announce Co-Promotion Agreement

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Spectrum Pharma (SPPI) Misses Q3 EPS by 3c, Offers FY Guidace

November 4, 2015 4:13 PM EST

Spectrum Pharma (NASDAQ: SPPI) reported Q3 EPS of ($0.28), $0.03 worse than the analyst estimate of ($0.25).

2015 Financial Guidance

Spectrum raises guidance on year-end cash to over $125 million, up from the Companys previous guidance of $110 million excluding any new business development transactions.

For earnings... More

Eagle Pharmaceuticals (EGRX), Spectrum Pharmaceuticals (SPPI) Announce Co-Promotion Agreement

November 4, 2015 4:11 PM EST

Eagle Pharmaceuticals (NASDAQ: EGRX) and Spectrum Pharmaceuticals (NASDAQ: SPPI) (Spectrum) today announced that they have entered into a co-promotion agreement (the agreement) under which the Spectrum 32-person Corporate Accounts Sales Team will dedicate 80 percent of its time to selling and marketing up to six Eagle products over a period of at least 18 months. Spectrum will continue to maintain a separate sales force to market existing and potential hematology products.

The agreement leverages the experience and network of the Spectrum Corporate Accounts Sales Team in order to maximize the respective... More