- Collegium Pharmaceutical's (NASDAQ:COLL) Xtampza opioid painkiller moves closer to approval after a panel of outside advisers to the FDA vote unanimously in favor of the drug.
- The advisory panel's vote departed from a recommendation by FDA staff, which had said if the drug was taken without food, it could lead to insufficient pain control, which in turn could contribute to overdosing and misuse.
- Today's vote could provide a boost for other companies developing abuse-deterrent version of painkillers, such as Pernix Therapeutics (NYSEMKT:PTX), Egalet (OTC:EGLT), KemPharm (NASDAQ:KMPH), IntelliPharmaCeutics (NASDAQ:IPCI), Pain Therapeutics (NASDAQ:PTIE) and Acura Pharma (OTC:ACUR).
FDA panel recommends approving Collegium's painkiller
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Symbol | Last Price | % Chg |
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COLL | - | - |
Collegium Pharmaceutical, Inc. |