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Catalyst Pharmaceuticals Inc - CPRX STOCK NEWS

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

Overview of Catalyst Pharmaceuticals Inc.

Catalyst Pharmaceuticals Inc. (NASDAQ: CPRX) is a U.S.-based biopharmaceutical company dedicated to addressing the unmet medical needs of patients with rare, debilitating neuromuscular and neurological diseases. The company focuses on developing and commercializing innovative therapies that improve the quality of life for individuals affected by conditions that often lack effective treatment options. By targeting orphan diseases, Catalyst operates within a highly specialized segment of the pharmaceutical industry, leveraging its expertise in drug development, regulatory navigation, and commercialization.

Core Business and Product Portfolio

The cornerstone of Catalyst's product portfolio is Firdapse® (amifampridine phosphate), a proprietary medication approved for the treatment of Lambert-Eaton Myasthenic Syndrome (LEMS), a rare autoimmune disorder that impairs neuromuscular function. Firdapse® holds the distinction of being the first and only FDA-approved treatment for LEMS in adults, as well as the first European-approved drug for symptomatic treatment in adults with LEMS. The drug has received both Breakthrough Therapy Designation and Orphan Drug Designation from the U.S. Food and Drug Administration (FDA), underscoring its clinical significance and Catalyst’s commitment to addressing underserved medical conditions.

In addition to Firdapse®, Catalyst is advancing its pipeline with CPP-115, an investigational drug aimed at treating infantile spasms, epilepsy, and other neurological conditions. By focusing on rare and complex disorders, Catalyst positions itself as a key player in the niche market of orphan drugs, where competition is limited but regulatory and clinical challenges are high.

Revenue Model and Market Strategy

Catalyst’s revenue model is primarily driven by the commercialization of Firdapse®, supported by its exclusivity under Orphan Drug status and patent protections. The company’s strategy includes securing regulatory approvals in multiple jurisdictions, ensuring market exclusivity, and expanding its reach within the rare disease community. By targeting conditions with no or few existing treatments, Catalyst minimizes direct competition while addressing critical patient needs.

The biopharmaceutical industry is characterized by significant research and development (R&D) investments, long clinical trial timelines, and stringent regulatory requirements. Catalyst navigates these complexities by focusing on diseases with high unmet needs, leveraging its expertise in clinical trial design and regulatory submissions. The company’s ability to achieve FDA and EMA (European Medicines Agency) approvals highlights its competency in meeting rigorous safety and efficacy standards.

Regulatory Achievements and Competitive Positioning

Regulatory designations play a pivotal role in Catalyst's business model. The Orphan Drug Designation for Firdapse® not only provides market exclusivity but also facilitates incentives such as tax credits for clinical trials and reduced regulatory fees. The Breakthrough Therapy Designation accelerates the development and review process, enabling faster patient access to innovative treatments. These achievements enhance Catalyst’s competitive positioning in the rare disease market.

While Catalyst faces potential competition from generic manufacturers, its strategy to extend exclusivity through regulatory pathways and intellectual property protections mitigates this risk. The company’s focus on rare diseases with small patient populations creates high barriers to entry for competitors, further solidifying its market position.

Industry Context and Challenges

The biopharmaceutical industry is highly dynamic, with rapid advancements in science and technology driving innovation. Companies like Catalyst must continuously invest in R&D to maintain a competitive edge. Challenges include navigating complex regulatory landscapes, managing the high costs of drug development, and addressing potential competition from biosimilars and generics. Additionally, the niche focus on rare diseases requires effective patient and physician education to ensure market uptake.

Conclusion

Catalyst Pharmaceuticals Inc. exemplifies the potential of biopharmaceutical companies to transform the lives of patients with rare and debilitating diseases. Through its flagship product Firdapse® and its commitment to innovation, Catalyst addresses critical gaps in the treatment landscape. By combining regulatory expertise, a focused product portfolio, and a patient-centric approach, Catalyst positions itself as a significant player in the orphan drug market, delivering value to both patients and stakeholders.

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Catalyst Pharmaceuticals, Inc. announces a conference call and webcast to discuss its fourth quarter and full-year 2023 financial results. The event will take place on February 29, 2024, at 8:30 AM ET.
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Catalyst Pharmaceuticals, Inc. (CPRX) closes underwritten public offering, selling 10,000,000 shares at $15.00 per share, generating approximately $140.1 million in net proceeds. The company plans to use the funds for potential acquisition of new product candidates and general corporate purposes.
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Catalyst Pharmaceuticals, Inc. (Nasdaq: CPRX) announced the pricing of an underwritten public offering of 10,000,000 shares of its common stock at a public offering price of $15.00 per share, totaling gross proceeds of $150,000,000 before deducting underwriting discounts and expenses. Catalyst also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of its common stock offered in the public offering. The offering is expected to close soon.
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Catalyst Pharmaceuticals, Inc. (Nasdaq: CPRX) has announced the commencement of an underwritten public offering of $150,000,000 of its common stock. The company also plans to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock. The offering is subject to market conditions, and the net proceeds will be used to fund the potential acquisition of new product candidates and for general corporate purposes.
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Catalyst Pharmaceuticals, Inc. (Nasdaq: CPRX) announced that its collaboration partner, DyDo Pharma, Inc., has submitted a New Drug Application to Japan's Pharmaceuticals and Medical Devices Agency seeking marketing approval for FIRDAPSE for the treatment of Lambert Eaton myasthenic syndrome in Japan. The review period is expected to be approximately a minimum of nine months from the submission date. This submission represents a pivotal milestone in the mission to broaden FIRDAPSE’s access as a treatment for LEMS patients in Japan, potentially offering a novel treatment option for Japanese individuals grappling with this condition. Catalyst is also eligible to receive a milestone payment from DyDo and extend its territorial rights to develop and market the product in other key markets in Asia, Central, and South America.
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Catalyst Pharmaceuticals, Inc. (Nasdaq: CPRX) has been ranked 4th on Forbes' list of America's Most Successful Small-Cap Companies for 2024. The ranking is based on positive sales growth over the last twelve months and includes criteria such as earnings growth, sales growth, return on equity, and total stock return. Catalyst's Chairman and CEO, Patrick J. McEnany, expressed gratitude for the recognition and attributed the company's success to the dedication of its employees and commitment to rare disease patient communities.
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Catalyst Pharmaceuticals, Inc. (Nasdaq: CPRX) appoints Michael W. Kalb as Executive Vice President and Chief Financial Officer, announces retirement of CFO Alicia Grande and promotions of Dr. Steven Miller and Jeffrey Del Carmen.
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Catalyst Pharmaceuticals, Inc. (CPRX) announces participation in the Piper Sandler 35th Annual Healthcare Conference. The company's Chairman and CEO, Patrick J. McEnany, and other members of the management team will host 1x1 meetings and a fireside discussion at the event.
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Catalyst Pharmaceuticals, Inc. (CPRX) reported a 79.4% increase in YOY net revenues to $102.7 million in Q3 2023. GAAP net loss per share was $(0.29) due to an $81.5 million one-time IPR&D expense. Non-GAAP net income was $55.9 million. Recent highlights include FDA approval of AGAMREE for Duchenne Muscular Dystrophy and a sNDA for FIRDAPSE. The company raised its 2023 revenue guidance to $390-395 million.
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Catalyst Pharmaceuticals has received notification from the USPTO that two additional patents covering FIRDAPSE will be granted in the next two months. These patents are for claims associated with the bioavailability of FIRDAPSE under fasting and fed conditions of dosing. FIRDAPSE is the only approved treatment for Lambert-Eaton myasthenic syndrome in the U.S.
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FAQ

What is the current stock price of Catalyst Pharmaceuticals (CPRX)?

The current stock price of Catalyst Pharmaceuticals (CPRX) is $22.32 as of March 3, 2025.

What is the market cap of Catalyst Pharmaceuticals (CPRX)?

The market cap of Catalyst Pharmaceuticals (CPRX) is approximately 2.8B.

What does Catalyst Pharmaceuticals Inc. specialize in?

Catalyst Pharmaceuticals specializes in developing and commercializing therapies for rare neuromuscular and neurological diseases, including Lambert-Eaton Myasthenic Syndrome (LEMS).

What is Firdapse®?

Firdapse® is Catalyst Pharmaceuticals’ flagship product, approved for the treatment of Lambert-Eaton Myasthenic Syndrome (LEMS). It is the first FDA-approved treatment for this condition in adults.

How does Catalyst generate revenue?

Catalyst generates revenue primarily through the commercialization of its proprietary drug, Firdapse®, which is protected by regulatory exclusivity and intellectual property rights.

What are the key regulatory designations for Firdapse®?

Firdapse® has received Orphan Drug Designation and Breakthrough Therapy Designation from the FDA, providing market exclusivity and expedited development pathways.

What challenges does Catalyst Pharmaceuticals face?

Catalyst faces challenges such as competition from generic drugs, high R&D costs, regulatory hurdles, and the need to continuously innovate in the niche market of rare diseases.

What is the significance of Orphan Drug Designation?

Orphan Drug Designation provides incentives like market exclusivity, tax credits, and reduced regulatory fees for drugs targeting rare diseases, benefiting companies like Catalyst.

What is CPP-115, and what conditions does it target?

CPP-115 is an investigational drug in Catalyst’s pipeline, aimed at treating infantile spasms, epilepsy, and other neurological conditions.

How does Catalyst differentiate itself in the biopharmaceutical industry?

Catalyst differentiates itself by focusing on rare diseases with high unmet needs, leveraging regulatory designations, and maintaining exclusivity through intellectual property protections.
Catalyst Pharmaceuticals Inc

Nasdaq:CPRX

CPRX Rankings

CPRX Stock Data

2.80B
113.43M
6.64%
83.57%
5.56%
Biotechnology
Pharmaceutical Preparations
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United States
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