• Daily Marijuana Observer Facebook
  • Daily Marijuana Observer Twitter
  • Daily Marijuana Observer StockTwits
  • Daily Marijuana Observer SA
  • Daily Marijuana Observer Instagram
  • Daily Marijuana Observer Youtube
  • Pinterest Social Icon
  • Daily Marijuana Observer Talk Market

Insys Diversifies Away From Opioids With Launch Of Syndros

July 31, 2017



Insys Therapeutics Inc. (NASDAQ:INSY) just announced that Syndros, the first and only FDA approved liquid dronabinol (synthetic THC) is now available by prescription. 

Syndros is indicted for the treatment of anorexia associated with AIDS and for nausea and vomiting associated with cancer chemotherapy. 


Related: How Marijuana Helps HIV Patients with Treatment


Currently, AbbVie's (NYSE:ABBV) dronabinol capsule, Marinol (or its generic equivalent) is often prescribed for both of these indications. However, Insys' orally administered solution represents an alternate delivery method that may make it easier for ailing patients to consume their medication. 


Related: Is AbbVie (NYSE:ABBV) a Marijuana Stock?


Prior to today, Insys' only commercialized product (and therefore the source of 100% of their revenue) was Subsys, a fentanyl sublingual spray. Subsys has become the subject of immense controversy as well as legal action relating to the alleged improper prescribing of the product.


In regards to the near term market reaction, don't get too excited about this product launch. In the near term, the main driver of Insys' share price is likely to be actions and news related to Subsys, as well as the company's second quarter earnings release on August 3rd. We'll be listing in for any comments in Insys' conference call this Thursday regarding both Syndros and Subsys, although we aren't expecting much data regarding Syndros given it just launched today.  


Related: Mark Your Calendars - INSY's Upcoming Earnings Announcement


In the longer term, Syndros has a lot of potential to increase the both number of patients being prescribed dronabinol and to help ailing patents who were on Marinol find an easier and potentially more effective delivery method. We'll be watching to see how Syndros is received by health care professionals and patients, and will be looking to see the early financial impact it has on Insys in their earnings release for the third quarter. 


Even farther down the road, Insys is currently in phase 3 clinical trials for Buprenorphine sublingual spray and Naloxone sublingual spray. In regards to Insys' cannabinoid products (other than Syndros), the company is in phase two clinical trials of cannabidiol (CBD) for the treatment of severe pediatric epilepsies. 




We're excited for the launch of Syndros and are hoping it can set Insys' cannabinoid product portfolio off on the right foot. We'll also be paying close attention to Insys' earnings release and conference call on August 3rd. Stay tuned for more on Insys from The Daily Marijuana Observer. 


Learn more about Insys Therapeutics by checking out the company's marijuana stock profile in our cannabinoid biotech marijuana stock database


Be sure to subscribe to one or more of our free e-mail newsletters so that you never miss an important cannabis industry update. Also, don't forget to connect with The Daily Marijuana Observer via social media on FacebookTwitterStockTwits, and Instagram





Investing in nanocap, microcap, and small cap stocks is highly speculative. The publishers of DailyMarijuanaObserver.com are not registered as Investment Advisors or Broker-Dealers in any jurisdiction whatsoever. The information contained on DailyMarijuanaObserver.com (“this site”) has been prepared solely for informational purposes. Nothing on the site is an offer or solicitation to buy or sell securities. Investors should seek financial advice regarding the appropriateness of investing in any securities mentioned from their financial advisor.

Please reload

Please reload

Please reload


© Copyright 2016-2020 Smoke Show Ventures, Inc.

RSS Feed

Disclaimer: Except for the historical information and data presented herein, matters discussed in articles on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future performance or achievements expressed or implied by such coverage. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. Smoke Show Ventures, Inc. or its affiliates, which owns The Daily Marijuana Observer, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.dailymarijuanaobserver.com/legal-disclaimer/.