BNET Industries
Market Cap:$54.3M
Last Fiscal Year Sales:$112.1M
- Public
- US
Dow Jones Description
We are an international biopharmaceutical company focused on the discovery, development and commercialization of proprietary drugs based on prostones, a class of compounds derived from functional fatty acids that occur naturally in the human body. In January 2006, we received marketing approval from the U.S. Food and Drug Administration, or FDA, for our first product, Amitiza ® (lubiprostone), for the treatment of chronic idiopathic constipation, or CIC, in adults. In April 2008, the FDA approved Amitiza for its second indication for the treatment of irritable bowel syndrome with constipation, or IBS-C, in adult women. We are currently developing Amitiza for the treatment of opioid-induced bowel dysfunction, or OBD. In the United States and Canada, Amitiza is being marketed and developed under a collaboration and license agreement with Takeda Pharmaceutical Company Limited, or Takeda, for gastrointestinal indications. Under the agreement with Takeda, we are primarily responsible for the research and development of Amitiza, while Takeda is primarily responsible for the commercialization and marketing activities. Additionally, Takeda funds the majority of our research and development activities in the United States and part of the co-promotion activities of our own sales force, per the terms of the agreement. Takeda records all product revenue and we receive a royalty on such product sales. ...
Number of Employees 94
Peer Companies
NAICS Code Pharmaceutical Preparation Manufacturing: 325412
Recent Events
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Sucampo Pharmaceuticals Releases Financial Results for 3Q 2009
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Sucampo Pharmaceuticals Reports Financial Results for the Third Quarter of 2009
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Sucampo Appoints William L. Ashton to Board of Directors
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Sucampo Pharmaceuticals SCMP Appoints James J. Egan as COO
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Sucampo Adds Chief Operating Officer and Names New Presidents at Americas and European Subsidiaries
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Sucampo Pharmaceuticals, Inc. Withdraws European Marketing Application for Lubiprostone
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Sucampo Pharmaceuticals, Inc. and Takeda Pharmaceuticals North America, Inc. JOBS Bowel Drug Lubiprostone Produces Mixed...
News & Analysis
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Sucampo Pharmaceuticals, Inc.Q2 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Our first question will be from the line of Gary Nachman from Leerink Swann. You may proceed. Gary Nachman - Leerink Swann What's the status of the audit of Takeda, how long is this going to go on for and is there anything meaningful Amitiza...
Sucampo Pharmaceuticals, Inc. Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Your first question comes from the line of Jim Molloy with Caris & Company. Please proceed. Jim Molloy - Caris & Company $15 million was the topline number from Takeda for Amitiza. Is that correct? Jan Smilek That is correct. Jim Molloy - Caris &...
Sucampo Pharmaceuticals, Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions And your first question comes from the line of Ian Sanderson from Cowen & Company. Pease proceed. Ian Sanderson - Cowen & Company Good afternoon thanks for taking the question. And if I could ask a couple, first I don't know if...
Sucampo Pharmaceuticals Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions. Your first question comes from the line of David Moscowitz from Caris. Please proceed. David Moscowitz - Caris & Company Thanks. Good evening, everyone. Question about the OBD revenue deferment; it sounds to me like the trials are still on track and yet...
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