Financial PerformanceAnalyst maintains a Buy rating based on the expected 4Q bounce-back with sales of $37MM-$43MM and positive adjusted EBITDA, along with the near-term removal of an overhang with the imminent decision in the Cinvanti patent lawsuit.
Legal VictoryThe U.S. District Court for the District of Delaware found that Cinvanti patents were valid and infringed upon by Fresenius, eliminating the threat of a potential near-term generic Cinvanti launch.
Product GrowthThe focus for 2025 will be on Zynrelef growth, which should benefit from the fully-deployed CrossLink promotion, the new VAN product, and streamlined reimbursement via NOPAIN.