Spectrum Pharmaceuticals Inc
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*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements

Health Care : Biotechnology | Small Cap Value
Company profile

Spectrum Pharmaceuticals, Inc. is a biopharmaceutical company. The Company is focused on acquiring, developing, and commercializing targeted oncology therapies. The Company's product portfolio consists of in-development drug products for the treatment of cancer patients. The Company's pipeline products include Eflapegrastim and Poziotinib. The Eflapegrastim is a long-acting granulocyte colony-stimulating factor (G-CSF) for chemotherapy-induced neutropenia. Poziotinib is a, pan-HER inhibitor that irreversibly blocks signaling through the Epidermal Growth Factor Receptor (EGFR) family of tyrosine-kinase receptors, including HER1 (erbB1; EGFR), HER2 (erbB2), HER4 (erbB4), and HER receptor mutations. The Eflapegrastim employs a LAPSCOVERY technology to enhance the duration of therapeutic effects and reduce the frequency of administration.

Closing Price
$0.8198
Day's Change
0.0098 (1.21%)
Bid
--
Ask
--
B/A Size
--
Day's High
0.83
Day's Low
0.7988
Volume
(Light)
Volume:
1,129,883

10-day average volume:
2,318,281
1,129,883

Japan Maritime Self-Defense Force, Missile Defense Agency demonstrate new layered missile defense capability

10:05 am ET November 21, 2022 (PR Newswire) Print

Japan intercepts targets with Raytheon Missiles & Defense's SM-3(R) Block IB and SM-3 Block IIA

During a demonstration here, Japan's Maritime Self-Defense Force successfully intercepted short and medium-range ballistic missile targets with SM-3(R) Block IB and SM-3 Block IIA interceptors. This is the first time a non-U.S. maritime service intercepted targets with both variants of interceptors and it is the first time a Japanese ship fired SM-3 Block IIA. The demonstration was conducted in partnership with the U.S. Missile Defense Agency. Both types of interceptors are made by Raytheon Missiles & Defense, a Raytheon Technologies (NYSE: RTX) business.

"This demonstration reinforces that partners now have greater capability with the Standard Missile family of interceptors," said Tay Fitzgerald, president of Strategic Missile Defense at Raytheon Missiles & Defense. "Allies who use SM-3 can now cooperate more fully with the United States on ballistic missile defense missions."

The multi-day Japan Flight Test Aegis Weapon System-07 included engagements of ballistic missile targets with SM-3 and a next generation subsonic aerial target with SM-2 Block IIIB.

In support of the U.S.-Japan SM-3 Block IIA Cooperative Development (SCD) Project, Japanese industry and Raytheon Missiles & Defense cooperatively designed and built the SM- 3 Block IIA variant, the world's most advanced sea-land ballistic missile defense interceptor.

In contrast to earlier SM-3 versions, Block IIA's larger rocket motors and increased kill vehicle capabilities allow for significantly greater range and performance against advanced missile threats.

For questions or to schedule an interview, please contact:

Kevin Donovanrmdpr@rtx.com

About Raytheon Missiles & DefenseRaytheon Missiles & Defense brings global customers the most advanced end-to-end solutions delivering the advantage of one innovative partner to detect, track, and intercept threats. With a broad portfolio of air and missile defense systems, precision weapons, radars, command and control systems and advanced defense technologies Raytheon Missiles & Defense solutions protect citizens, warfighters and infrastructure in more than fifty countries around the world.

https://c212.net/c/img/favicon.png?sn=NE43153&sd=2022-11-21

View original content:https://www.prnewswire.com/news-releases/japan-maritime-self-defense-force-missile-defense-agency-demonstrate-new-layered-missile-defense-capability-301683935.html

SOURCE Raytheon Technologies

https://rt.newswire.ca/rt.gif?NewsItemId=NE43153&Transmission_Id=202211211005PR_NEWS_USPR_____NE43153&DateId=20221121

comtex tracking

COMTEX_419404618/1005/2022-11-21T10:05:23

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