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AYTU BioPharma, Inc. - AYTU STOCK NEWS

Welcome to our dedicated page for AYTU BioPharma news (Ticker: AYTU), a resource for investors and traders seeking the latest updates and insights on AYTU BioPharma stock.

Aytu BioPharma, Inc. (NASDAQ: AYTU) is a specialty pharmaceutical company dedicated to developing and commercializing novel therapeutics in the healthcare sector. The company's diversified product portfolio includes commercial prescription medications and consumer health products, addressing a wide range of medical needs. Aytu's primary focus is on treatments for attention deficit hyperactivity disorder (ADHD) and other pediatric conditions, with its leading products being Adzenys XR-ODT® and Cotempla XR-ODT®, both extended-release orally disintegrating tablets for ADHD. These products are supported by the innovative Aytu RxConnect platform, enhancing patient support and medication adherence.

In addition to ADHD treatments, Aytu markets Karbinal® ER, an extended-release antihistamine for various allergic conditions, and the fluoride-based prescription vitamin product lines Poly-Vi-Flor® and Tri-Vi-Flor® aimed at infants and children with fluoride deficiency. The company's consumer health segment includes over-the-counter products for diabetes, allergies, hair regrowth, and gastrointestinal conditions.

Recent Achievements:

  • Received FDA approval for the Cotempla XR-ODT® Prior Approval Supplement, enabling production transfer to a third-party manufacturer, expected to enhance product margins.
  • Signed an exclusive collaboration agreement with Medomie Pharma Ltd to distribute Adzenys XR-ODT® and Cotempla XR-ODT® in Israel and the Palestinian Authority.
  • Ranked 118th on the Deloitte Technology Fast 500™, highlighting significant revenue growth from 2019 to 2022.

Financial Condition: In fiscal 2023, Aytu reported net revenue of $107.4 million, a notable increase from the previous year. The company’s Rx segment, which includes prescription pharmaceutical products, generated positive adjusted EBITDA, demonstrating strong operational performance. The company is also in the process of winding down its Consumer Health segment to focus on its profitable Rx segment, ensuring future growth and shareholder value.

With a robust financial foundation and a clear strategic focus, Aytu BioPharma is well-positioned to continue its growth trajectory, bringing innovative healthcare solutions to patients and driving shareholder value.

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Aytu BioScience (NASDAQ:AYTU) and Neos Therapeutics (NASDAQ:NEOS) have scheduled special stockholder meetings for March 18, 2021, to discuss their proposed merger. The record date for eligibility to vote is February 5, 2021. Upon closing, the new entity will be rebranded as Aytu Biopharma, Inc., and will retain the AYTU ticker symbol on Nasdaq. Both companies’ Boards recommend stockholders vote 'FOR' the merger proposals. The joint proxy statement/prospectus will be mailed on February 12, 2021, providing further details on the merger process.

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Aytu BioScience, Inc. (NASDAQ:AYTU) announced a conference call to discuss its operational results for the fiscal second quarter ending December 31, 2020, scheduled for February 11, 2021, at 4:30 PM ET. During this call, the company will highlight its quarterly accomplishments and future business strategies. Aytu markets several FDA-approved products, including Natesto, ZolpiMist, and Tuzistra XR, along with a range of pediatric medications. Additionally, Aytu is actively involved in COVID-19 testing and has licensed Healight™ technology for potential respiratory treatments.

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Aytu BioScience, a specialty pharmaceutical company, announced the completion of a safety study for its Healight™ ultraviolet A light catheter technology. This study focused on critically ill COVID-19 patients on mechanical ventilation in the U.S. The safety data will be presented to the FDA for potential treatment of SARS-CoV-2. CEO Josh Disbrow highlighted this as a significant milestone, aiming for continued FDA discussions. This technology is designed to reduce viral and bacterial loads, with promising pre-clinical findings paving the way for human trials.

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Aytu BioScience, a specialty pharmaceutical company, announced its presentation at the LD Micro Virtual Investor Conference on December 15, 2020, at 2:20 PM ET. This conference features a new format, allowing each company a 10-minute presentation followed by a 10-minute Q&A session with investors and analysts. Aytu's portfolio includes unique FDA-approved products addressing significant patient needs in primary care and pediatrics. For more details, visit the webcast.

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Aytu BioScience (NASDAQ:AYTU) announced an underwriting agreement with H.C. Wainwright & Co. for a public offering of 1,666,667 shares at $6.00 per share. Expected gross proceeds are approximately $10 million, aimed at working capital and corporate purposes. Furthermore, the underwriter has a 30-day option to purchase an additional 250,000 shares. This offering follows the company's previously filed registration statement and is subject to customary closing conditions.

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Aytu BioScience (NASDAQ:AYTU) will present a corporate overview at the Jefferies 2020 Virtual London Healthcare Conference on November 18, 2020, at 1:45 PM ET / 6:45 PM GMT. The presentation will highlight the company's focus on novel pharmaceutical products, including FDA-approved treatments for low testosterone and sleep aids. A webcast of the presentation will be available online. Aytu's portfolio includes various prescription and consumer healthcare products aimed at significant patient needs, along with COVID-19 testing solutions.

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Aytu BioScience (NASDAQ:AYTU) will announce its operational results for Q1 FY2021, ending September 30, 2020, on November 12, 2020, at 4:30 PM ET. The conference call will address the company’s recent achievements and future strategies. Aytu’s portfolio includes unique FDA-approved products like Natesto, ZolpiMist, and Tuzistra XR. Additionally, the company has a rapid COVID-19 testing solution and has licensed the Healight technology for respiratory infections. A live webcast will be available for 90 days on their website.

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Aytu BioScience reported record fiscal Q4 2020 revenue of $14.9 million, an increase of 82% sequentially and 766% year-over-year, surpassing its entire fiscal 2019 revenue. The company achieved $6.9 million in Consumer Health and $7.9 million in Rx net revenue. Adjusted EBITDA loss was narrowed to ($1.7 million), down from ($3.7 million) in Q4 2019, with $48.3 million in cash on hand. CEO Josh Disbrow highlighted strong revenue performance and positive momentum moving into fiscal 2021, driven by the integration of Aytu and Innovus businesses and upcoming product launches.

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Aytu BioScience (NASDAQ:AYTU) will announce its operational results for the fiscal fourth quarter and full year ending June 30, 2020, during a conference call on October 6, 2020, at 4:30 PM ET. Key products include FDA-approved testosterone nasal spray, sleep aid, and other pediatric formulations. The company also distributes COVID-19 rapid tests and is developing Healight technology for respiratory infections. The Form 10-K will be filed post-market on the same day, providing further insights into Aytu’s performance and strategy.

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Aytu BioScience (NASDAQ:AYTU) announced the rescheduling of its fourth quarter and FY 2020 conference call, originally set for September 24, 2020, due to additional workload from the Innovus Merger and the Cerecor pediatric portfolio acquisition. The call will discuss record revenue for the fourth quarter and full fiscal year, alongside business progress updates. Aytu's product portfolio includes innovative prescription products targeting significant patient needs, including treatments for low testosterone and pediatric health issues.

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FAQ

What is the current stock price of AYTU BioPharma (AYTU)?

The current stock price of AYTU BioPharma (AYTU) is $1.38 as of December 20, 2024.

What is the market cap of AYTU BioPharma (AYTU)?

The market cap of AYTU BioPharma (AYTU) is approximately 8.7M.

What is Aytu BioPharma's primary focus?

Aytu BioPharma focuses on developing and commercializing novel treatments for ADHD and other pediatric conditions.

What are the main products offered by Aytu BioPharma?

Aytu's main products include Adzenys XR-ODT®, Cotempla XR-ODT®, Karbinal® ER, Poly-Vi-Flor®, and Tri-Vi-Flor®.

What recent achievements has Aytu BioPharma reported?

Aytu received FDA approval for the Cotempla XR-ODT® production transfer and signed a distribution agreement with Medomie Pharma Ltd.

How did Aytu BioPharma perform financially in fiscal 2023?

Aytu reported net revenue of $107.4 million in fiscal 2023, with significant contributions from its Rx segment.

What strategic changes is Aytu BioPharma implementing?

Aytu is winding down its Consumer Health segment to focus on its profitable Rx segment.

What is the Aytu RxConnect platform?

Aytu RxConnect is an innovative platform designed to enhance patient support and medication adherence.

What is the significance of the FDA approval for Cotempla XR-ODT®?

The FDA approval allows Aytu to transfer Cotempla XR-ODT® production to a third-party manufacturer, improving product margins.

Where can I learn more about Aytu BioPharma's products?

You can visit Aytu BioPharma's official website at aytubio.com for detailed information on their products.

How is Aytu BioPharma expanding its market reach?

Aytu is expanding its market reach through strategic partnerships, such as the collaboration with Medomie Pharma Ltd.

What are Aytu BioPharma's future growth plans?

Aytu plans to focus on its Rx segment, enhance product margins, and drive long-term shareholder value through strategic initiatives.

AYTU BioPharma, Inc.

NASDAQ:AYTU

AYTU Rankings

AYTU Stock Data

8.74M
5.98M
2.44%
34.04%
3.13%
Drug Manufacturers - Specialty & Generic
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