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On May 16, 2022 ACRX announced the company was in active discussions with potential commercial partners to take on DSUVIA.
In such case, ACRX would essentially give up the main asset on which its story was built on so far.
The company has acquired further assets over the past twelve months, ensuring a basis for further revenue.
Without knowledge of the DSUVIA deal it is hard to assess the prospect, so I retain a Neutral rating with a tilt to Buy, as I believe in some short-term upside potential.