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K-V Pharmaceutical (KV.A -16.8%) tanks after saying it's filed a lawsuit against the FDA for...

Jul. 06, 2012 11:46 AM ETK-V Pharmaceutical Co. (KVPBQ) StockKVPBQBy: David Yelle, SA News Editor1 Comment
K-V Pharmaceutical (KV.A -16.8%) tanks after saying it's filed a lawsuit against the FDA for failing to crack down on compounded versions of its premature birth drug Makena. Pharmacies have been using the active ingredient hydroxyprogesterone, which does not have a formal FDA clearance, to compound cheaper versions of Makena, an injectable hormonal medicine that reduces the risk of pre-term birth in pregnant women with a history of early deliveries.

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