Rochester, NY 7/8/2009 9:03:47 PM
Morning Stock Movers - KG - KG & Pain Therapeutics to resubmit Remoxy - Sourced WhisperFromWallStreet.com
KING PHARMACEUTICALS
Morning Stock Movers - KG - KG & Pain Therapeutics to resubmit Remoxy - Sourced WhisperFromWallStreet.com
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KING PHARMACEUTICALS,KG
Real-Time: 9.32 Down 0.04 (0.43%) 9:41AM ET
King Pharmaceuticals Inc. and partner Pain Therapeutics Inc. said Tuesday they expect to resubmit an application for the pain drug candidate Remoxy with the Food and Drug Administration in the middle of 2010.In December, regulators delayed a decision on Remoxy and requested more data on the drug candidate. Remoxy is a form of the drug oxycodone, which is sold by Purdue Pharma LP under the name OxyContin.Remoxy tablets include the drug in a thick liquid form, which the drug developers say makes it "abuse resistant" because abusers can't get a high from the drug by crushing or dissolving it in alcohol, which can defeat a time-release mechanism.
About
King Pharmaceuticals, Inc. research and develops, manufactures, markets, and sells branded prescription pharmaceutical products and animal health products worldwide. The company?s branded prescription pharmaceuticals include neuroscience products, such as Skelaxin, Avinza, and Sonata; hospital products, including Thrombin-JMI and Synercid; acute care products that comprise Bicillin and Intal; and legacy products consisting of Altace, Levoxyl, and Cytomel to general/family practitioners, internal medicine physicians, neurologists, pain specialists, surgeons, and hospitals.
Last Trade: 9.36
Day's Range: N/A - N/A
52wk Range: 5.86 - 12.60
Volume: 0
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