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John Rolfe is the co-founder of Argand Capital Advisors LLC, an investment advisor, and the portfolio manager of Candela Capital LP, a private investment fund focused on quality-driven event-based value investing. He has over fifteen years of investing and transaction structuring experience, in... More

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FDA removed Pernix products from market

FDA today removed a bunch of Pernix Therapeautics' products from the market. Appears that the removals include products from both Brovex and Aldex lines. Unclear at this point how much a revenue hit this will represent to PTX. Relevant news links:

http://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/ucm245048.htm

http://www.fda.gov/Drugs/GuidanceComplianceRegulatoryInformation/EnforcementActivitiesbyFDA/SelectedEnforcementActionsonUnapprovedDrugs/ucm245106.htm
Tags: PTX

Mar 02 4:35 PM | Link | Comment!

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FDA removed Pernix products from market

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