- Business
- DMK Pharmaceuticals Corporation (DMKPQ), a clinical-stage neuro-biotechnology company headquartered in San Diego, California, develops and commercializes products in the therapeutic areas of allergy, opioid overdose, respiratory, and inflammatory diseases; its principal commercial products include SYMJEPI epinephrine injection for the emergency treatment of allergic reactions, including anaphylaxis from stinging and biting insects, foods, drugs, and other allergens, as well as idiopathic or exercise-induced anaphylaxis, and ZIMHI naloxone injection for the treatment of opioid overdose; the company's lead clinical-stage product candidate is DPI-125, indicated for opioid use disorder, while Tempol remains in development for COVID-19 following a Phase 2/3 trial; founded in 2006 as Adamis Pharmaceuticals Corporation, it changed its name to DMK Pharmaceuticals Corporation in September 2023 after acquiring DMK Pharmaceuticals assets in February 2023; in June 2024, ZMI Management Inc. finalized the acquisition of ZIMHI assets, including patents, inventory, and manufacturing systems, with FFF Enterprises as sole distributor; the company filed for voluntary Chapter 11 reorganization on February 2, 2024, in the U.S. Bankruptcy Court for the District of Delaware, with a first amended joint liquidation plan approved on October 28, 2024, and it ceased operations as announced on November 14, 2024.