5 Best Day Trading Penny Stocks to Buy

4. Cumberland Pharmaceuticals Inc. (NASDAQ:CPIX)

On April 23, 2026, Cumberland Pharmaceuticals Inc. (NASDAQ:CPIX) agreed to sell its branded pharmaceutical portfolio to an affiliate of Apotex for $100M in cash, with the companies planning to form a specialty medicines platform. The transaction is subject to shareholder approval. Cumberland will retain its pipeline and its majority stake in Cumberland Emerging Technologies. The company continues to develop ifetroban and has reported Phase II results in cardiomyopathy associated with Duchenne muscular dystrophy, with FDA discussions ongoing. The program holds Orphan Drug, Rare Pediatric Disease, and Fast Track designations.

On April 16, 2026, Cumberland Pharmaceuticals Inc. (NASDAQ:CPIX) received FDA approval to expand the indication for Caldolor to include postoperative pain. The product is indicated for adult and pediatric patients ages 3 months and older for mild to moderate pain, moderate to severe pain as an adjunct to opioid analgesics, and the reduction of fever.

Cumberland Pharmaceuticals Inc. (NASDAQ:CPIX) acquires, develops, and commercializes prescription pharmaceutical products.