DALLAS/FORT WORTH, Texas, Aug. 11, 2016 (GLOBE NEWSWIRE) -- Neos Therapeutics, Inc. (Nasdaq:NEOS), a pharmaceutical company focused on developing and commercializing innovative extended-release (XR) products for the treatment of attention-deficit/hyperactivity disorder (ADHD), today announced financial results for the second quarter ended June 30, 2016 and provided a business update.
“We are pleased with the steady increase in demand for Adzenys XR-ODT™ since the launch on May 16, 2016. We are receiving positive feedback from both physicians and patients, and adoption across multiple age groups has been encouraging. We anticipate increased demand for this product with the start of the new school year in August and September, as physicians often adjust or initiate ADHD medications when students return to school,” said Vipin K. Garg, Ph.D., President and CEO of Neos Therapeutics. “With the recent successful completion of our Cotempla XR-ODT™ bioequivalence bridging study, we look forward to pursuing FDA approval of our two additional late-stage product candidates for ADHD to ultimately provide patients and caregivers with a range of user friendly alternatives for the treatment of ADHD.”
“We are pleased with the steady increase in demand for Adzenys XR-ODT™ since the launch on May 16, 2016. We are receiving positive feedback from both physicians and patients, and adoption across multiple age groups has been encouraging. We anticipate increased demand for this product with the start of the new school year in August and September, as physicians often adjust or initiate ADHD medications when students return to school,” said Vipin K. Garg, Ph.D., President and CEO of Neos Therapeutics. “With the recent successful completion of our Cotempla XR-ODT™ bioequivalence bridging study, we look forward to pursuing FDA approval of our two additional late-stage product candidates for ADHD to ultimately provide patients and caregivers with a range of user friendly alternatives for the treatment of ADHD.”
