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StockNews.com
StockNews.com
Business
Subhasree Kar

Is Catalyst Pharmaceuticals (CPRX) a Quality Investment?

Catalyst Pharmaceuticals, Inc. (CPRX) experienced robust growth in the first quarter of 2023, primarily propelled by the growth of FIRDAPSE® and the strong revenue stream derived from its newly acquired product, FYCOMPA®.

FIRDAPSE® is an amifampridine phosphate tablet used for treating patients suffering from Lambert-Eaton Myasthenic Syndrome (LEMS), while FYCOMPA® is a medication for individuals with epilepsy. In January 2023, CPRX completed the acquisition of U.S. rights for FYCOMPA®.

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