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Caroline Young, a director at Cumberland Pharmaceuticals Inc (NASDAQ:CPIX), a $45.33 million market cap pharmaceutical company whose stock has gained over 108% in the past year, has been consistently purchasing company stock between June 2nd and June 30th, 2025. These acquisitions, executed under a pre-arranged 10b5-1 trading plan, totaled $403.
According to a Form 4 filing with the Securities and Exchange Commission, Ms. Young acquired a total of 76 shares of Cumberland Pharmaceuticals’ common stock. The purchases were made at prices ranging from $2.60 to $6.00 per share.
Following these transactions, Ms. Young directly owns 32,653 shares of Cumberland Pharmaceuticals. The company has shown strong momentum with a 28.76% price return over the past six months. Get more exclusive insights and detailed analysis with InvestingPro’s comprehensive research report.
In other recent news, Cumberland Pharmaceuticals reported a significant 38% increase in revenue for the first quarter of 2025, reaching $11.7 million. This growth was driven by strategic advancements, including the approval of Vibativ in China, expanding the company’s international market presence. Additionally, Cumberland’s drug ifetroban showed positive results in a Phase 2 trial for treating heart disease in Duchenne muscular dystrophy (DMD) patients, with a 5.4% improvement in heart function. The company is planning further data analysis and discussions with the FDA regarding the regulatory pathway for ifetroban. Cumberland also released promising study results for Caldolor, indicating it could reduce opioid use in seniors by 23%, with a favorable safety profile. The company is actively communicating these findings to healthcare providers, emphasizing Caldolor’s role in multimodal pain management. Furthermore, Cumberland’s expanded Medicaid coverage for Cristalose highlights ongoing efforts to enhance product accessibility. These developments underscore Cumberland Pharmaceuticals’ strategic focus on expanding its market presence and product innovation.
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