SPECTRUM PHARMACEUTICALS, INC.

(SPPI)
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Delayed Nasdaq  -  05/20 04:00:01 pm EDT
0.7426 USD   +0.26%
05/17SPECTRUM PHARMACEUTICALS INC Change in Directors or Principal Officers (form 8-K/A)
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05/17SPECTRUM PHARMACEUTICALS INC : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)
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05/17Spectrum Pharmaceuticals to Participate in H.C. Wainwright Global Investment Conference
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The Law Offices of Frank R. Cruz : Announces Investigation of Spectrum Pharmaceuticals, Inc. (SPPI) on Behalf of Investors

09/02/2021 | 03:21pm EDT

The Law Offices of Frank R. Cruz announces an investigation of Spectrum Pharmaceuticals, Inc. (“Spectrum” or the “Company”) (NASDAQ: SPPI) on behalf of investors concerning the Company’s possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

In December 2018, Spectrum submitted a Biologics License Application (“BLA”) to the U.S. Food and Drug Administration (“FDA”) for ROLONTIS as a treatment for chemotherapy-induced neutropenia.

On August 6, 2021, Spectrum announced that it had received a Complete Response Letter (“CRL”) from the FDA regarding the BLA, citing deficiencies related to manufacturing and requiring a reinspection of the Company’s manufacturing facility.

On this news, Spectrum’s stock price fell $0.70 per share, or nearly 22%, to close at $2.55 per share on August 6, 2021.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased Spectrum securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


© Business Wire 2021
All news about SPECTRUM PHARMACEUTICALS, INC.
05/17SPECTRUM PHARMACEUTICALS INC Change in Directors or Principal Officers (form 8-K/A)
AQ
05/17SPECTRUM PHARMACEUTICALS INC : Change in Directors or Principal Officers, Financial Statem..
AQ
05/17Spectrum Pharmaceuticals to Participate in H.C. Wainwright Global Investment Conference
BU
05/12TRANSCRIPT : Spectrum Pharmaceuticals, Inc., Q1 2022 Earnings Call, May 12, 2022
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05/12SPECTRUM PHARMA : Q1 Earnings Snapshot
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05/12Spectrum Pharmaceuticals Reports First Quarter 2022 Financial Results and Provides Corp..
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05/12Spectrum Pharmaceuticals, Inc. Reports Earnings Results for the First Quarter Ended Mar..
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05/11Spectrum Pharmaceuticals Names Nora Brennan CFO
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05/11Spectrum Pharmaceuticals Appoints Nora E. Brennan as Chief Financial Officer
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05/11Spectrum Pharmaceuticals, Inc. Appoints Nora E. Brennan as Chief Financial Officer
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Analyst Recommendations on SPECTRUM PHARMACEUTICALS, INC.
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Financials (USD)
Sales 2022 7,29 M - -
Net income 2022 -90,9 M - -
Net Debt 2022 - - -
P/E ratio 2022 -1,46x
Yield 2022 -
Capitalization 130 M 130 M -
Capi. / Sales 2022 17,9x
Capi. / Sales 2023 1,16x
Nbr of Employees 164
Free-Float 89,8%
Chart SPECTRUM PHARMACEUTICALS, INC.
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Technical analysis trends SPECTRUM PHARMACEUTICALS, INC.
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TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 5
Last Close Price 0,74 $
Average target price 5,60 $
Spread / Average Target 656%
EPS Revisions
Managers and Directors
Thomas J. Riga President, CEO, CFO & Director
William L. Ashton Chairman
Francois Lebel Chief Medical Officer & Executive Vice President
Lyndah K. Dreiling Senior Vice President-Clinical Development
Dolatrai M. Vyas Independent Non-Executive Director
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