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Questcor Pharmaceuticals (QCOR +3.7%) reports significantly higher prescription growth in August...

  • Friday, September 7, 2012, 11:11 AM ET
    Questcor Pharmaceuticals (QCOR +3.7%) reports significantly higher prescription growth in August for its lead product, Acthar Gel. The company says that during the period, it shipped a total of 2,190 vials of Acthar to CuraScript SD, an increase of 33% M/M. Jefferies says the prescription data was strong and that the company will likely beat the Q3 consensus revenue estimate. The firm reiterates a Buy with a $60 price target.
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