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Palla Pharma (ASX: PAL)

Palla Pharma Ltd. manufactures and produces narcotic raw material for the international pharmaceutical industry. The company is headquartered in Melbourne, Victoria. The firm’s primary activities include production and distribution of Narcotic Raw Material (NRM), Active Pharmaceutical Ingredients (API) and Finished Dosage Formulations (FDF) for supply to international pharmaceutical markets, and the production and distribution of poppy seed for supply to international culinary markets. The firm operates through two segments: Australia and Norway. Australia segment activities include Narcotic Raw Material and Poppy Seed production and distribution. Norway segment activities include Active Pharmaceutical Ingredient and Finished Dosage production and distribution. The firm has developed a water-based extraction technology, which is used in NRM production. The company operates in Victoria and Tasmania; and northern hemisphere operations based in Norway. The company sources its raw materials from Australian poppy growers in Tasmania, New South Wales, and Victoria.

Here are the latest articles on Palla Pharma (ASX: PAL)

Palla Pharma blamed market conditions for their collapse. How did they sink in a billion dollar market?

Opioid based medications are paradoxical. Whilst an incredible pharmacologic solution to serious pain, opioids can be addictive with their overuse often proving detrimental. America is often held up as the poster child for what not to do when it comes to their opioid epidemic which has seen more than 263,000 people die from prescription opioid

Aussie opioid manufacturer cashed up following $33m sale of facility

While prescription opioids have been getting a pretty bad rap over the past few years amid revelations in the US about a certain Sackler family, they still have a vital role to play in healthcare where good guys like Palla Pharma (ASX: PAL) have strengthened their balance sheet with the sale of their manufacturing facility