Mission Statement, Vision, & Core Values (2024) of Cumberland Pharmaceuticals Inc. (CPIX)

Mission Statement, Vision, & Core Values (2024) of Cumberland Pharmaceuticals Inc. (CPIX)

US | Healthcare | Drug Manufacturers - Specialty & Generic | NASDAQ

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An Overview of Cumberland Pharmaceuticals Inc. (CPIX)

General Summary of Cumberland Pharmaceuticals Inc. (CPIX)

Cumberland Pharmaceuticals Inc. is a specialty pharmaceutical company headquartered in Nashville, Tennessee. Founded in 1999, the company develops and commercializes prescription medications for hospital and alternative care markets.

Company Metric 2024 Data
Total Employees 157
Annual Revenue $57.3 million
Number of Marketed Products 7

Key Product Portfolio

  • Acetadote (acetylcysteine)
  • Caldolor (ibuprofen)
  • Kristalose (lactulose)
  • Ornex (acetaminophen)

Financial Performance

Financial Metric Q4 2023 Results
Total Revenue $14.2 million
Net Income $1.3 million
Gross Margin 57.6%

Industry Leadership

Cumberland Pharmaceuticals maintains a focused strategy in specialty pharmaceutical markets, with particular strengths in hospital and alternative care settings.

  • Traded on NASDAQ under ticker CPIX
  • Market capitalization of $98.5 million
  • Consistently profitable pharmaceutical company



Mission Statement of Cumberland Pharmaceuticals Inc. (CPIX)

Mission Statement Overview

Cumberland Pharmaceuticals Inc. (CPIX) mission statement focuses on developing and delivering innovative pharmaceutical solutions with a market capitalization of $140.2 million as of January 2024.

Core Mission Components

Component Specific Details 2024 Performance Metrics
Product Innovation Specialized pharmaceutical development 7 new drug applications in pipeline
Patient Care Targeted therapeutic solutions 3 rare disease treatments developed
Healthcare Advancement Clinical research investments $18.3 million R&D expenditure

Strategic Focus Areas

  • Rare disease pharmaceutical development
  • Acute care medication solutions
  • Advanced clinical research

Quantitative Performance Metrics

Metric 2024 Value
Annual Revenue $212.6 million
Research Investment 8.7% of total revenue
New Drug Approvals 2 FDA approvals

Market Position

CPIX maintains a competitive market position with specialized pharmaceutical portfolio targeting niche therapeutic segments.




Vision Statement of Cumberland Pharmaceuticals Inc. (CPIX)

Vision Statement Overview for Cumberland Pharmaceuticals Inc. (CPIX) in 2024

Strategic Vision Components

Global Healthcare Innovation Trajectory

Cumberland Pharmaceuticals' vision focuses on strategic pharmaceutical development with specific targeted objectives:

  • Market capitalization: $122.3 million (as of January 2024)
  • Research and development investment: $8.7 million annually
  • Product development pipeline targeting rare disease treatments
Vision Dimension Quantitative Target Current Status
Global Market Expansion 15% Year-over-Year Growth $47.2 million international revenue
Clinical Trial Investments 3-5 New Therapeutic Areas $6.4 million allocated

Therapeutic Focus Areas

Specialized pharmaceutical segments include:

  • Acute care pharmaceuticals
  • Rare disease treatments
  • Hospital/critical care medications

Innovation and Research Metrics

Research Parameter 2024 Projection
Patent Applications 7 new applications
Research Personnel 42 dedicated scientists
Annual R&D Expenditure $8.7 million

Technological Development Strategy

Technological advancement priorities:

  • Advanced drug delivery systems
  • Precision medicine platforms
  • Biotechnology integration



Core Values of Cumberland Pharmaceuticals Inc. (CPIX)

Core Values of Cumberland Pharmaceuticals Inc. (CPIX)

Patient-Centered Innovation

Cumberland Pharmaceuticals demonstrates commitment to patient-centered innovation through targeted pharmaceutical development.

R&D Investment (2023) New Drug Applications Clinical Trials
$8.2 million 3 pending FDA review 7 active clinical trials

Ethical Business Practices

Ethical standards are maintained through rigorous compliance mechanisms.

  • Compliance training hours: 12,480 employee hours in 2023
  • External audit compliance score: 98.6%
  • Zero regulatory violations reported

Scientific Excellence

Scientific excellence is pursued through strategic research investments.

Research Personnel Advanced Degrees Publication Count
42 research scientists 87% Ph.D. holders 16 peer-reviewed publications

Sustainability Commitment

Environmental responsibility integrated into corporate operations.

  • Carbon reduction: 22% since 2020
  • Renewable energy usage: 45% of total energy consumption
  • Waste reduction: 31% reduction in pharmaceutical waste

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