Item 8.01 Other Events.

On January 10, 2022, Adamis Pharmaceuticals Corporation (the "Company") issued a press release announcing that it had submitted a Fast Track Application to the U.S. Food & Drug Administration ("FDA") for the Company's Tempol product candidate for the treatment and prevention of COVID-19. The Company has commenced a Phase 2/3 clinical trial, which is ongoing, to examine the safety and efficacy of Tempol in adult patients with confirmed COVID-19 infection. Fast Track is a process designed to facilitate the development, and expedite the review, of drugs to treat serious conditions and fill an unmet medical need. The purpose is to get important new drugs to the patient earlier. Fast Track addresses a broad range of serious conditions and the request can be initiated by the drug company at any time during the development process. The FDA will review the request and decide based on whether the drug fills an unmet medical need in a serious condition. There are no assurances that the FDA will grant Fast Track designation for the Company's Tempol product candidate.


A copy of the Company's press release is filed with this Report as Exhibit 99.1.

Forward Looking Statements

This Current Report on Form 8-K, and the press release filed as an exhibit with this Report, contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that express plans, anticipation, intent, contingencies, goals, targets or future development and/or otherwise are not statements of historical fact. These statements relate to future events or future results of operations, including, but not limited to the following statements: the opinions and beliefs of the Company and third parties concerning the potential of Tempol as a treatment for COVID-19 and the results of previous studies of Tempol; the Company's beliefs concerning the safety and effectiveness of Tempol or the Company's other product candidates; the timing, progress or results of the Company's Phase 2/3 clinical trial for Tempol or other studies or trials relating to Tempol; the Company's beliefs concerning the outcome of its Fast Track application to the FDA relating to Tempol; the Company's ability to commercialize its product candidates, itself or through commercialization partners; the Company's beliefs concerning the benefits, enforceability, and extent of intellectual property rights and protection afforded by patents and patent applications that it owns or has licensed; and other statements concerning the Company's future operations and activities. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, which may cause the Company's actual results to be materially different from the results anticipated by such forward-looking statements. There are no assurances that the FDA will grant Fast Track designation for the Company's Tempol product candidate. There can be no assurances regarding the timing, progress or outcome of trials or studies relating to Tempol, or that Tempol will be found to be safe and effective in the treatment of COVID-19 or any other indication. We cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. You should not place undue reliance on any forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made, and except as may be required by applicable law, we undertake no obligation to update or release publicly the results of any revisions to these forward-looking statements or to reflect events or circumstances arising after the date of this Report. Certain of these risks and additional risks, uncertainties, and other factors are described in greater detail in the Company's filings from time to time with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2020 and subsequent filings with the SEC, which Adamis strongly urges you to read and consider, all of which are available free of charge on the SEC's web site at http://www.sec.gov.

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