Satsuma Pharmaceuticals (NASDAQ: STSA) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “STS101 EMERGE Phase 3 Data Expected in September/October 2020: In a press release after the close, Satsuma announced the start of patient enrollment in the open-label ASCEND Phase 3 study that is expected to provide long-term safety data to support FDA filing for its flagship asset STS101 (dihydroergotamine nasal spray) for treating acute migraine. More importantly, the company also disclosed that patient treatment has been completed in the Phase 3 EMERGE efficacy study, with results expected in late September or early October 2020. Success of both ASCEND and EMERGE studies would support NDA filing, which is expected in 4Q21.”
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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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