Baudax Bio Reports Third Quarter 2020 Financial Results

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Baudax Bio (BXRX) Tops Q3 EPS by $1.36

November 9, 2020 7:29 AM EST

Baudax Bio (NASDAQ: BXRX) reported Q3 EPS of $0.62, $1.36 better than the analyst estimate of ($0.74).

The third quarter of 2020 was marked by several important achievements, including continued progress with the commercial launch of ANJESO, the securing of group purchasing agreements with two leading healthcare improvement companies, Vizient and Premier, and the receipt and implementation, on October 1, 2020, of our permanent J-code from the Centers for Medicare and Medicaid Services (CMS), facilitating reimbursement in the hospital outpatient, ambulatory surgery center and physician office settings of care, said Gerri Henwood, President and Chief Executive Officer of... More