AcelRx Pharma (ACRX) Reports In-Line Q1 EPS

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AcelRx Pharmaceuticals Reports First Quarter 2022 Financial Results and Provides Corporate Update

May 16, 2022 7:30 AM EDT

Realigning cost structure from a focus on commercialization to a focus on development to advance late-stage pipeline; expected to result in annual savings of $9 million

Completed acquisition of Lowell Therapeutics and nafamostat franchise, including Niyad with Breakthrough Device Designation

 Continued DSUVIA sales momentum with fourth consecutive quarter of sales volume growth, including 64% commercial (ex-DoD) growth in Q1 2022 compared to Q4 2021

$39.3 million of cash and short-term investments at March 31, 2022

Webcast and Conference Call to be held today at 8:30 am... More