Last $6.96 USD
Change Today +0.05 / 0.72%
Volume 196.8K
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spectrum pharmaceuticals inc (SPPI) Snapshot

Open
$6.81
Previous Close
$6.91
Day High
$6.99
Day Low
$6.81
52 Week High
01/27/14 - $9.57
52 Week Low
04/15/14 - $6.36
Market Cap
457.7M
Average Volume 10 Days
624.8K
EPS TTM
$-1.24
Shares Outstanding
65.8M
EX-Date
12/18/12
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SPECTRUM PHARMACEUTICALS INC (SPPI)

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spectrum pharmaceuticals inc (SPPI) Details

Spectrum Pharmaceuticals, Inc., a biotechnology company, develops and commercializes oncology and hematology drug products. The company’s commercialized drug products include FUSILEV for the treatment of patients with metastatic colorectal cancer, rescue after high-dose methotrexate therapy in osteosarcoma, and to diminish the toxicity and counteract the effects of impaired methotrexate elimination and of inadvertent overdosage of folic acid antagonists; FOLOTYN, a folate analogue metabolic inhibitor for the treatment of patients with relapsed or refractory peripheral T-cell lymphoma; ZEVALIN injection for intravenous use as a prescription medication; and MARQIBO, a sphingomyelin/cholesterol liposome-encapsulated formulation of the anticancer drug vincristine for the treatment of adult patients with Philadelphia chromosome-negative acute lymphoblastic leukemia. It also develops BELEODAQ for the treatment of various hematological and solid tumors; Captisol-enabled MELPHALAN, an intravenous formulation of MELPHALAN for clinicians and patients in the multiple myeloma transplant setting; APAZIQUONE to treat non-muscle invasive bladder cancer; and SPI-2012 for the treatment of chemotherapy-induced neutropenia. The company sells its drugs through a direct sales force in the United States; and through distributors in Europe and Japan. It has licensing and development agreement with Cell Therapeutics, Inc.; license agreement with Merck & Cie AG and Cydex Pharmaceuticals, Inc.; development and commercialization collaboration agreement with Allergan; collaboration agreement with Nippon Kayaku Co., Ltd.; licensing and collaboration agreement with TopoTarget A/S; and co-development and commercialization agreement with Hanmi Pharmaceutical Company. The company was formerly known as NeoTherapeutics, Inc. and changed its name to Spectrum Pharmaceuticals, Inc. in December 2002. Spectrum Pharmaceuticals, Inc. was founded in 1987 and is headquartered in Henderson, Nevada.

226 Employees
Last Reported Date: 03/12/14
Founded in 1987

spectrum pharmaceuticals inc (SPPI) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: $1.8M
President and Chief Operating Officer
Total Annual Compensation: $710.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $462.5K
Chief Medical Officer
Total Annual Compensation: $586.3K
Compensation as of Fiscal Year 2013.

spectrum pharmaceuticals inc (SPPI) Key Developments

Spectrum Pharmaceuticals, Inc. Submits New Drug Application for Multiple Myeloma Drug to FDA

Spectrum Pharmaceuticals, Inc. has submitted a new drug application, or NDA, to the FDA for the approval of Captisol-Enabled Melphalan, or CE-Melphalan, HCl for injection for use as a high-dose conditioning treatment prior to hematopoietic progenitor stem cell transplantation in patients with multiple myeloma. Spectrum is also seeking approval for the palliative treatment of patients with multiple myeloma for whom oral therapy is not appropriate. The enhanced stability of this new CE-Melphalan formulation simplifies clinical administration and is anticipated to allow for longer use and infusion times. This NDA submission represents another important step forward in bringing new treatment options to cancer patients. The Phase II pivotal trial evaluating CE-Melphalan was a multi-center trial evaluating safety and efficacy. The primary objective of the study was to determine the overall safety and toxicity profile in multiple myeloma patients receiving 200 mg/m2 of CE-Melphalan as myeloablative therapy prior to autologous stem cell transplantation (ASCT).

Spectrum Pharmaceuticals Files a New Drug Application with the FDA for Captisol-Enabled™ (Propylene Glycol-Free) Melphalan

Spectrum Pharmaceuticals announced the company has submitted a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for the approval of Captisol-Enabled Melphalan (CE-Melphalan) HCl for injection (propylene glycol-free) for use as a high-dose conditioning treatment prior to hematopoietic progenitor (stem) cell transplantation in patients with multiple myeloma. Spectrum is also seeking approval for the palliative treatment of patients with multiple myeloma for whom oral therapy is not appropriate. The Phase 2 pivotal trial evaluating CE-Melphalan was a multi-center trial evaluating safety and efficacy. The primary objective of the study was to determine the overall safety and toxicity profile in multiple myeloma patients receiving 200 mg/m2 of CE-Melphalan as myeloablative therapy prior to autologous stem cell transplantation (ASCT). The secondary objectives evaluated the efficacy of CE-Melphalan in this patient population as measured by Multiple Myeloma Response Rate (according to International Myeloma Working Group [IMWG] criteria), and the rates of myeloablation and engraftment. The primary as well as secondary endpoints of this Phase 2 trial were met, and a comprehensive 505(b)(2) NDA was submitted to the FDA. In a previous clinical study, CE-Melphalan met the requirements for establishment of bioequivalence to the currently approved commercial intravenous formulation of melphalan. When approved, this demonstrated bioequivalence of CE-Melphalan should facilitate the use of this new more stable, propylene glycol-free Captisol formulation of melphalan.

Spectrum Pharmaceuticals, Inc. Presents at 7th Annual 2014 Deutsche Bank BioFEST, Dec-01-2014

Spectrum Pharmaceuticals, Inc. Presents at 7th Annual 2014 Deutsche Bank BioFEST, Dec-01-2014 . Venue: Four Seasons Hotel Boston, 200 Boylston Street, Boston, MA 02116, United States. Speakers: Kurt A. Gustafson, Chief Financial Officer, Principal Accounting Officer and Executive Vice President.

 

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Price/Earnings NM Not Meaningful
Price/Sales 2.5x
Price/Book 1.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.2x
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