Supernus Pharmaceuticals: Derisked CNS Drug Portfolio Offers Attractive Buying Opportunity

Summary

  • Supernus Pharmaceuticals has experienced revenue growth every year since its IPO in 2021, reaching $667m in 2022.
  • The company has expanded its product portfolio through acquisitions, including the purchase of Adamas for $850m.
  • Q3 earnings beat expectations, with increased guidance for FY23 earnings and the resubmission of a New Drug Application for SPN-830.
  • Supernus is successfully navigating through the patent expiry of its long-term bestselling drug, Trokendi, thanks to ADHD drug Qelbree - a drug with over $500m p.a. revenue potential.
  • An exciting late stage pipeline and further approval shot in Parkinson's early next year makes a strong buy case for a company that has been heavily sold on unfounded  Trokendi LOE fears.

Knot written "ADHD" by using red rope.

Vahit Ozalp/iStock via Getty Images

Investment Overview - Supernus, From IPO To Present Day

Supernus Pharmaceuticals, Inc. (NASDAQ:SUPN) is a pharmaceutical company headquartered in Rockville, Maryland. The company - once part of Shire Pharmaceuticals - completed a cut price IPO back in 2021, raising ~$50m via the

Gain access to all of the market research and financial analytics used in the preparation of this article plus exclusive content and pharma, healthcare and biotech investment recommendations and research / analytics by subscribing to my channel, Haggerston BioHealth.

This article was written by

13.4K Followers

Edmund Ingham is a biotech consultant. He has been covering biotech, healthcare, and pharma for over 5 years, and has put together detailed reports of over 1,000 companies. He leads the investing group Haggerston BioHealth.

The group is for both novice and experienced biotech investors. It provides catalysts to look out for and buy and sell ratings. It also provides product sales and forecasts for all the Big Pharmas, forecasting, integrated financial statements, discounted cash flow analysis and market by market analysis. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of SUPN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About SUPN Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on SUPN

Related Stocks

SymbolLast Price% Chg
SUPN
--