Lennate LCI- down 4% this morning near three month low. FDA shut down three J&J plants. Added significantly. forward looking event
approval of generic oral morphine sulfate and few other compounds.
solid company more than 60 year old. just posted solid Q4 result. quality conscious.
fda did plant inspection last year . one plant had no deficiency and other had two minor which they replied. reinspection was supposed to happen week. waiting for update from the company in few days to week. next week company is having presentation also.
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