STSA - NetworkNewsBreaks - Satsuma Pharmaceuticals Inc. (NASDAQ: STSA) Featured in Mizuho Securities Research Report
Satsuma Pharmaceuticals Inc. (NASDAQ: STSA) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “We had the opportunity to host a virtual fireside chat with the Satsuma Pharmaceuticals management team, including John Kollins (President and CEO), Detlef Albrecht, MD, (CMO), Tom O’Neil (CFO) and Rob Janosky (CCO). Following the conversation we are reassured with the progress the company is making with the Phase 3 EMERGE program for STS101 (intra-nasal DHE) even in the midst of the COVID-19 pandemic. We remain bullish on Satsuma ahead of Phase 3 data in 2H 2020 and what we see as a compelling commercial opportunity for STS101 in the large and growing acute migraine market.”
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About Satsuma Pharmaceuticals Inc.
Satsuma Pharmaceuticals is a clinical-stage biopharmaceutical company developing a novel therapeutic product for the acute treatment of migraine, STS101. STS101 is a drug-device combination of a proprietary dry-powder formulation of dihydroergotamine mesylate (DHE), which can be quickly and easily self-administered with a proprietary pre-filled, single-use, nasal delivery device. In developing STS101, Satsuma has applied proprietary nasal drug delivery, dry-powder formulation, and engineered drug particle technologies to create a compact, simple-to-use, non-injectable DHE product that can be rapidly self-administered in a matter of seconds. The Company believes STS101 would, if approved, be an attractive migraine treatment option for many patients and may enable a larger number of people with migraine to realize the long-recognized therapeutic benefits of DHE therapy. STS101 has undergone extensive pre-clinical development, completed a Phase 1 clinical trial, and is currently in Phase 3 development.
Satsuma is headquartered in South San Francisco, California with operations in both California and Research Triangle Park, North Carolina. For further information, please visit www.satsumarx.com.
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