Key FDA Approvals Paramount Catalyst for Biotech Run Heading Into November
Tuesday 10/31/2017 08:45 AM ET - PR Newswire via Dow Jones News
MarketNewsUpdates.com News Commentary PALM BEACH, Florida, October 31, 2017 /PRNewswire/ -- The FDA has approved 34 drugs to date in 2017 after approving 22 novel drugs last year. Many biotech and pharma companies have dealt with the drug development process being lengthy and time-consuming along with requiring the utilization of a lot of funds and resources while key drug development events including trial data and regulatory updates are of great importance and could act as major catalysts going forward. Active Biotech stocks are in position to close an already strong 2017 with a bang as the FDA gets set to approve additional drugs heading into next month. Notable biotech leaders in the headlines include: Citius Pharmaceuticals Inc. (NASDAQ: CTXR), MannKind Corporation (NASDAQ: MNKD), Akari Therapeutics Plc (NASDAQ: AKTX), Endocyte Inc. (NASDAQ: ECYT) and Adamas Pharmaceuticals Inc. (NASDAQ: ADMS)
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