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Neos Therapeutics, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2020 10-Q, filed Nov 9, 2020. Its latest SEC filing is a 15-12B from Mar 30, 2021.

The sections below describe the company as of the FY2019 annual report.

What Did They Do?

Sells extended-release ADHD tablets and liquid medicines, plus generic cough medicine, to pharmaceutical wholesalers in the United States; develops a treatment for chronic drooling linked to neurological conditions.

Who Were Their Customers?

Neos sells medicines to drug wholesalers, which resell them to food, drug and mass retailers. Its indirect contracts for generic Tussionex serve retailers that order and receive the product through wholesalers.

How Were They Changing?

Since the FY2019 annual report
Latest quarter: Q3 FY2020, the three months to Sep 30, 2020
Revenue
▼ −29%
vs $17.5M in Q3 FY2019
Net income
▲ +139% (Loss)
vs −$2.1M in Q3 FY2019
  • Mar 22, 2021 Aytu completed its merger with Neos Neos became a wholly owned subsidiary of Aytu.
  • Dec 30, 2020 Nasdaq began delisting proceedings for Neos securities Neos requested a hearing, staying the suspension and delisting filing while the appeal is considered.

ADHD products reach the market The older report presented Adzenys XR-ODT as marketed and Cotempla and an amphetamine suspension as candidates; the latest report describes the ADHD tablets and suspension as marketed products.

Development expands beyond ADHD The older report described its development work around ADHD products; the latest report also includes a candidate for chronic drooling associated with neurological conditions.

Who Did They Compete With?

Competes with Takeda Pharmaceutical, Tris Pharma, Janssen Pharmaceuticals, Rhodes Pharmaceuticals, Ironshore Pharmaceuticals, Osomotica Pharmaceuticals, Novartis, Adlon Therapeutics, Supernus, Sunovion, KemPharm, NLS Pharma, and Neurovance

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