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Satsuma Pharmaceuticals Stock Price, News & Analysis

STSA NASDAQ

Company Description

Satsuma Pharmaceuticals is a biopharmaceutical company dedicated to developing best-in-class products to address the unmet needs of migraine sufferers. As a wholly-owned subsidiary of Shin Nippon Biomedical Laboratories, Ltd. (SNBL), Satsuma is currently in the late stages of seeking regulatory approval from the U.S. Food and Drug Administration for its novel investigational therapeutic product, STS101.

STS101 is a unique nasal powder formulation of the well-established anti-migraine drug, dihydroergotamine mesylate (DHE). Administered via Satsuma’s proprietary nasal delivery device, STS101 aims to offer several benefits over existing acute migraine treatments. These include quick and convenient self-administration and several clinical advantages that current DHE liquid nasal spray products and injectable forms do not offer. The dry powder formulation of STS101 has shown to achieve rapid absorption and high DHE plasma concentrations, necessary for robust efficacy, and sustained plasma levels over time with low dose-to-dose variability.

DHE has long been recommended as a first-line treatment option for acute migraine in published treatment guidelines. However, the invasive and burdensome administration methods and sub-optimal clinical performance of existing DHE liquid nasal sprays and injectables have limited its widespread use. STS101, with its easy-to-carry and easy-to-use form, is designed to overcome these limitations, offering an improved therapeutic solution for acutely treating migraines.

STS101 has recently showcased its sustained efficacy in the Phase-3 Double-Blind, Randomized, Placebo-Controlled SUMMIT Study. The results were presented in an oral presentation, highlighting the potential of STS101 to become a significant advancement in migraine treatment.

Please note that forward-looking statements about the company’s future performance and expectations are subject to risks and uncertainties.

Stock Performance

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Performance 1 year
$36.8M
Market Cap
33.2M
Shares outstanding

SEC Filings

No SEC filings available for Satsuma Pharmaceuticals.

Financial Highlights

Revenue (TTM)
Net Income (TTM)
Diluted EPS (TTM)
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Frequently Asked Questions

What is the market cap of Satsuma Pharmaceuticals (STSA)?

The market cap of Satsuma Pharmaceuticals (STSA) is approximately 36.8M.

What does Satsuma Pharmaceuticals specialize in?

Satsuma Pharmaceuticals focuses on developing best-in-class products to address the unmet needs of migraine sufferers.

What is STS101?

STS101 is Satsuma’s novel nasal powder formulation of dihydroergotamine mesylate (DHE) for the acute treatment of migraine.

What are the advantages of STS101 over existing treatments?

STS101 offers quick and convenient self-administration and other clinical benefits over current DHE liquid nasal sprays and injectables.

What is the significance of the SUMMIT Study?

The SUMMIT Study is a Phase-3 Double-Blind, Randomized, Placebo-Controlled study that demonstrated the sustained efficacy of STS101 in treating acute migraines.

Who owns Satsuma Pharmaceuticals?

Satsuma Pharmaceuticals is a wholly-owned subsidiary of Shin Nippon Biomedical Laboratories, Ltd. (SNBL).

What is the current status of STS101?

Satsuma Pharmaceuticals is in the late stages of seeking regulatory approval from the U.S. FDA for STS101.

How does STS101 improve DHE delivery?

STS101’s dry powder formulation achieves fast absorption and high plasma concentrations of DHE, with sustained levels over time and low dose-to-dose variability.

Why has DHE not been widely used despite its recommendation?

The invasive administration and sub-optimal clinical performance of current DHE liquid nasal sprays and injectables have limited its widespread use.

Is STS101 easy to use?

Yes, STS101 is designed to be easy-to-carry and easy-to-use, providing an improved therapeutic solution for acute migraine treatment.

What are forward-looking statements?

Forward-looking statements are projections about the company’s future performance and expectations, subject to risks and uncertainties.