Significant Revenue Growth
Cumberland Pharmaceuticals reported a 38% increase in combined revenues for the first quarter of 2025, totaling $11.7 million.
Milestone Payment for Vibativ
A $3 million milestone payment was received for the approval of the Vibativ brand in China, contributing to the company's revenue growth.
Positive Phase II Results for Ifetroban
Announced successful top-line results from a Phase II study for ifetroban in patients with Duchenne muscular dystrophy, marking a breakthrough for cardiac complications in these patients.
Expansion in China Market
Approval of Vibativ in China, opening access to the world's second-largest pharmaceutical market.
Strong Balance Sheet
Improved balance sheet with $70 million in total assets, $50 million in cash, and total liabilities reduced to $42 million, resulting in shareholders' equity of $51 million.
Positive Net Profit and Cash Flow
Reported a net profit of $1.26 million and adjusted earnings of $2.4 million, with cash flow from operations at $3.9 million.