Savient Pharmaceuticals (SVNT +12.7%) increases the price per vial for Krystexxa to $5,390 for...

|About: Savient Pharmaceuticals, Inc. (SVNTQ)|By:, SA News Editor

Savient Pharmaceuticals (SVNT +12.7%) increases the price per vial for Krystexxa to $5,390 for orders effectively placed after 5:00pm EST on May 17. The company adds that it will continue to evaluate pricing, noting that continued substantial price increases will, in light of the current market dynamics, be necessary in the effort to obtain sufficient revenue from the drug.